EQL vs. BUYW ETF Comparison
Comparison of ALPS Equal Sector Weight ETF (EQL) to Main BuyWrite ETF (BUYW)
EQL
ALPS Equal Sector Weight ETF
EQL Description
The investment seeks investment results that replicate as closely as possible, before fees and expenses, the performance of the Bank of America Securities - Merrill Lynch Equal Sector Weight Index (the "underlying index"). The underlying index is an index of indexes comprised in equal proportions of the nine Select Sector SPDR Indexes. The fund will use a "fund of funds" approach, and seek to achieve its investment objective by investing at least 90% of its total assets in the shares of Select Sector SPDR exchange-traded funds that track the Underlying Sector Indexes of which the underlying index is comprised. It is non-diversified.
Grade (RS Rating)
Last Trade
$131.13
Average Daily Volume
6,086
2
BUYW
Main BuyWrite ETF
BUYW Description
The fund invests in domestic and international exchange-traded funds (ETFs) to provide investors with sustained exposure to domestic and foreign equity markets over time. The fund also uses the Adviser"s "BuyWrite" strategy, an investment strategy of writing (selling) call options on a security owned by the fund to generate additional returns from the option premium. The fund also seeks returns by writing (selling) secured put options.Grade (RS Rating)
Last Trade
$13.93
Average Daily Volume
198,063
3
Performance
| Period | EQL | BUYW |
|---|---|---|
| 30 Days | 2.12% | 0.07% |
| 60 Days | 3.95% | 0.94% |
| 90 Days | 6.04% | 1.44% |
| 12 Months | 27.51% | 9.60% |
1 Overlapping Holdings
| Symbol | Grade | Weight in EQL | Weight in BUYW | Overlap | |
|---|---|---|---|---|---|
| XLC | A | 9.57% | 10.3% | 9.57% |
EQL Overweight 1 Positions Relative to BUYW
| Symbol | Grade | Weight | |
|---|---|---|---|
| XLRE | C | 8.6% |
EQL: Top Represented Industries & Keywords
BUYW: Top Represented Industries & Keywords
Compare ETFs
