ALPS Equal Sector Weight ETF

The fund seeks to replicate the total return performance of the benchmark index, before fees and expenses, by investing in companies in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

The Underlying Index is an index of ETFs comprised of all active Select Sector SPDR ETFs in an equal weighted portfolio.

Next, the research team utilizes a fund of funds approach, and invests equal proportions in 11 Select Sector SPDRs.

The eleven Sector SPDRs are are the Communication Services Select Sector SPDR Fund, Consumer Discretionary Select Sector SPDR Fund, Consumer Staples Select Sector SPDR Fund, Materials Select Sector SPDR Fund, Energy Select Sector SPDR Fund, Technology Select Sector SPDR Fund, Utilities Select Sector SPDR Fund, Financial Select Sector SPDR Fund, Industrial Select Sector SPDR Fund, Health Care Select Sector SPDR Fund and Real Estate Select Sector SPDR Fund.

Each Underlying Sector ETF is an index fund that invests in the equity securities of companies in a particular sector or group of industries.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.