46.64000 USD
0.14
0.30%
Last update Dec 12, 3:59 PM EST
Market closed
Day range
46.48000
46.96000
Previous close
46.78000
Open
46.96000
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Alps Equal Sector Weight ETF
46.64
0.14
0.30%

Overview

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Description

The Alps Equal Sector Weight ETF is an exchange-traded fund designed to offer investors diversified exposure across various sectors of the U.S. equity market. This ETF aims to provide equal-weighting to key sectors, ensuring that no single sector disproportionately influences the fund's performance. Such a structure allows for balanced exposure, reducing sector-specific risks compared to traditional market capitalization-weighted funds. The ETF covers a broad array of industries ranging from technology and healthcare to financials and energy, offering a comprehensive look at the U.S. market economy. By rebalancing periodically, it maintains equal allocation across sectors, which can enhance risk management and potential returns over time. The Alps Equal Sector Weight ETF serves as a strategic option for investors seeking sector-level diversification in their portfolio, while maintaining exposure to the growth and dynamics of the U.S. markets.

About

Address
Phone
855.724.0450
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
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