EQL

Equal sector investing, a strategy in which a portfolio is divided equally among the economic sectors of the market, beat the returns of the S&P 500 in 2009 for the 10th year in a row according to ALPS Distributors.

ALPS launched the first Equal Sector ETF (EQL). The new fund is an ETF of ETFs that tracks the Banc of America Securities – Merrill Lynch Equal Sector Weight Index by owning each of the nine Select Sector SPDR ETFs in equal weights.