Overview of ALPS Equal Sector Weight ETF (EQL): The ALPS Equal Sector Weight ETF, launched in 2009, aims to provide broad exposure to the Large Cap Blend segment of the US equity market with a current asset size of over $376 million and an expense ratio of 0.25%. It has shown a year-to-date increase of approximately 14.30% and a one-year increase of about 21.65%.
Investment Considerations: EQL holds a diversified portfolio across various sectors, with its top holdings accounting for nearly 92% of total assets. It is classified as a medium-risk investment option and carries a Zacks ETF Rank of 3 (Hold), suggesting it may be suitable for investors seeking exposure to large cap blend stocks while also considering other similar ETFs like IVV and SPY.
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 685.400
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Current: 685.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
