ALPS Equal Sector Weight ETF reduces net expense ratio to 0.30%

ALPS has announced a one-year fee waiver of 0.22% effective 31 March, 2015 for the ALPS Equal Sector Weight ETF (Exchange-Traded Fund) (NYSE: EQL), a series of ALPS ETF Trust.

This results in a net management fee of 0.15% and total net expense ratio of 0.30% inclusive of acquired fund fees and expenses.

In addition, EQL received an Overall 4 Star Morningstar Rating as of 28 February, 2015 against 34 of US ETF Large Blend Funds based on risk adjusted returns.