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SECT vs. EQL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SECT vs. EQL

Last updated Aug 4, 2026
Documentation

SECT (Main Sector Rotation ETF) and EQL (ALPS Equal Sector Weight ETF) are both Large Cap Blend Equities funds. SECT is actively managed, while EQL is passively managed. Over the past 5 years, SECT returned 12.13%/yr vs 10.87%/yr for EQL. Their correlation of 0.85 means they have usually moved in the same direction. SECT charges 0.78%/yr vs 0.27%/yr for EQL.

Performance

SECT vs. EQL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Main Sector Rotation ETF (SECT) and ALPS Equal Sector Weight ETF (EQL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SECT achieves a 10.61% return, which is significantly lower than EQL's 11.79% return.

SECT

1D
1.23%
1M
0.06%
6M
9.46%
YTD
10.61%
1Y
23.38%
3Y*
18.31%
5Y*
12.13%
10Y*
—
ALL TIME*
13.46%

EQL

1D
0.98%
1M
1.30%
6M
7.57%
YTD
11.79%
1Y
19.50%
3Y*
15.68%
5Y*
10.87%
10Y*
12.40%
ALL TIME*
13.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

EQL

ALPS Equal Sector Weight ETF
$3.24M$2.89M$2.73M

SECT

Main Sector Rotation ETF
$7.17M$6.89M$6.82M

SECT vs. EQL - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SECT
Main Sector Rotation ETF		10.61%17.80%18.61%21.10%-12.80%28.88%15.65%28.06%-9.66%9.39%
EQL
ALPS Equal Sector Weight ETF		11.79%13.09%16.44%16.87%-10.72%29.32%10.87%27.87%-6.12%8.36%

Correlation

The correlation between SECT and EQL is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.68

Correlation (3Y)
Balances recent behavior with more history.

0.78

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.85

Correlation (All Time)
Calculated using the full available price history since Sep 6, 2017

0.85

The correlation between SECT and EQL shifts across timeframes, from 0.68 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

SECT vs. EQL - Sectors Allocation Comparison

Sectors
SECT
EQL

Technology

44.8%
10.2%

Financial Services

18.0%
9.1%

Industrials

12.0%
9.3%

Consumer Cyclical

10.2%
9.6%

Utilities

6.2%
9.4%

Energy

3.6%
8.7%

Basic Materials

3.4%
8.0%

Communication Services

1.2%
8.9%

Consumer Defensive

0.4%
8.8%

Healthcare

0.2%
9.4%

Real Estate

0.0%
8.7%

Technology

SECT
44.8%
EQL
10.2%

Financial Services

SECT
18.0%
EQL
9.1%

Industrials

SECT
12.0%
EQL
9.3%

Consumer Cyclical

SECT
10.2%
EQL
9.6%

Utilities

SECT
6.2%
EQL
9.4%

Energy

SECT
3.6%
EQL
8.7%

Basic Materials

SECT
3.4%
EQL
8.0%

Communication Services

SECT
1.2%
EQL
8.9%

Consumer Defensive

SECT
0.4%
EQL
8.8%

Healthcare

SECT
0.2%
EQL
9.4%

Real Estate

SECT
0.0%
EQL
8.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Main Sector Rotation ETF

ALPS Equal Sector Weight ETF

Often compared with SECT:
SECT vs. SPYSECT vs. XLSRSECT vs. AESRSECT vs. RLYSECT vs. VOOSECT vs. VTISECT vs. INRO
Often compared with EQL:
EQL vs. RSPEQL vs. VOOEQL vs. SPYEQL vs. ^SPXEWEQL vs. MOODEQL vs. VDCEQL vs. voo

Return for Risk

SECT vs. EQL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
SECT
SECT Risk / Return Rank: 6565
Overall Rank
SECT Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
SECT Sortino Ratio Rank: 6565
Sortino Ratio Rank
SECT Omega Ratio Rank: 6464
Omega Ratio Rank
SECT Calmar Ratio Rank: 6060
Calmar Ratio Rank
SECT Martin Ratio Rank: 6868
Martin Ratio Rank
EQL
EQL Risk / Return Rank: 8585
Overall Rank
EQL Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
EQL Sortino Ratio Rank: 8585
Sortino Ratio Rank
EQL Omega Ratio Rank: 8585
Omega Ratio Rank
EQL Calmar Ratio Rank: 8383
Calmar Ratio Rank
EQL Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SECT vs. EQL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Main Sector Rotation ETF (SECT) and ALPS Equal Sector Weight ETF (EQL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

SECTEQLDifference
Sharpe ratioReturn per unit of total volatility
1.61
2.07

-0.47

Sortino ratioReturn per unit of downside risk
2.22
2.89

-0.67

Omega ratioGain probability vs. loss probability

1.28

1.38

-0.09

Calmar ratioReturn relative to maximum drawdown

2.19

3.16

-0.97

Martin ratioReturn relative to average drawdown

8.53

12.39

-3.85

SECT vs. EQL - Sharpe Ratio Comparison

The current SECT Sharpe Ratio is 1.61, which is comparable to the EQL Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of SECT and EQL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

SECT vs. EQL - Drawdown Comparison

The maximum SECT drawdown since its inception was -38.09%, which is greater than EQL's maximum drawdown of -35.65%. Use the drawdown chart below to compare losses from any high point for SECT and EQL.

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Drawdown Indicators

SECTEQLDifference

Max Drawdown

Largest peak-to-trough decline

-38.09%

-35.65%

-2.44%

Max Drawdown (1Y)

Largest decline over 1 year

-10.71%

-6.19%

-4.52%

Max Drawdown (3Y)

Largest decline over 3 years

-21.71%

-15.07%

-6.64%

Max Drawdown (5Y)

Largest decline over 5 years

-21.71%

-19.24%

-2.47%

Max Drawdown (10Y)

Largest decline over 10 years

—

-35.65%

—

Current Drawdown

Current decline from peak

-1.63%

0.00%

-1.63%

Average Drawdown

Average peak-to-trough decline

-4.61%

-3.23%

-1.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.75%

1.58%

+1.17%

Volatility

SECT vs. EQL - Volatility Comparison

Main Sector Rotation ETF (SECT) has a higher volatility of 4.75% compared to ALPS Equal Sector Weight ETF (EQL) at 2.29%. This indicates that SECT's price experiences larger fluctuations and is considered to be riskier than EQL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SECTEQLDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.75%

2.29%

+2.46%

Volatility (6M)

Calculated over the trailing 6-month period

11.81%

7.09%

+4.72%

Volatility (1Y)

Calculated over the trailing 1-year period

14.66%

9.47%

+5.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.02%

14.52%

+3.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.12%

16.49%

+3.63%

SECT vs. EQL - Expense Ratio Comparison

SECT has a 0.78% expense ratio, which is higher than EQL's 0.27% expense ratio.

Dividends

SECT vs. EQL - Dividend Comparison

SECT's dividend yield for the trailing twelve months is around 0.73%, less than EQL's 1.34% yield.

PositionTTM20252024202320222021202020192018201720162015
EQL
ALPS Equal Sector Weight ETF		1.34%1.73%1.78%1.96%2.14%1.69%2.29%1.95%2.39%1.97%2.89%2.07%
SECT
Main Sector Rotation ETF		0.73%0.32%0.45%0.84%0.86%0.60%1.37%0.77%1.67%0.50%0.00%0.00%

Frequently Asked Questions

SECT and EQL have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SECT has higher volatility (4.75%) compared to EQL (2.29%). In terms of maximum drawdown, SECT dropped -38.09% vs EQL's -35.65%.

On 5-year performance, SECT leads with 12.13% vs 10.87% for EQL. On fees, EQL is cheaper at 0.27% per year. On volatility, EQL has been the lower-risk option at 2.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SECT has performed better with a 12.13% return vs 10.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EQL is cheaper with a 0.27% expense ratio, compared with 0.78% for SECT.

EQL has the higher dividend yield at 1.34%, compared with 0.73% for SECT.

They also come from different issuers: Main and SS&C. Their fees differ too: 0.78% for SECT and 0.27% for EQL.

EQL currently has the higher Sharpe Ratio (2.07 vs 1.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for SECT and EQL

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