ALPS Active Equity Opportunity ETF
Market Price
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NAV Change
Daily Return
Net Assets
YTD Return
Trailing Twelve Month Yield
Commentary
Explore a deep dive review of performance, portfolio positioning and the equity market from last quarter.
Overview
Investment Objective
The ALPS Active Equity Opportunity ETF (RFFC) seeks to provide capital appreciation.
Strategy
Under normal market conditions, the ALPS Active Equity Opportunity ETF (RFFC) seeks to achieve its investment objective by investing at least 80% of its net assets in a portfolio of equity securities. Equity securities include common stocks and common or preferred shares of Real Estate Investment Trusts (REITs).
Fund Details
| Ticker
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Listing Exchange
NYSE Arca |
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ISIN
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| Fund Type Exchange-Traded Fund |
Primary Benchmark S&P Composite 1500 Index |
Team
Laton Spahr, CFA
President, Portfolio Manager
Portfolio Manager Since: 2023
Years of Experience: 26
Laton Spahr is Portfolio Manager of the ALPS Active Equity Opportunity ETF and the ALPS Balanced Opportunity Fund. He has over 25 years of experience managing equity and multi-asset strategies across style, market cap and regional categories. Laton is President of ALPS Advisors, Inc.
Laton is a Registered Representative of ALPS Distributors, Inc.
Eric Hewitt
Co-Chief Investment Officer, Portfolio Manager
Portfolio Manager Since: 2023
Years of Experience: 25
Eric Hewitt is Portfolio Manager of the ALPS Active Equity Opportunity ETF and the ALPS Balanced Opportunity Fund. He specializes in asset allocation and equity research. Eric is the Co-Chief Investment Officer at ALPS Advisors, Inc.
Eric is a Registered Representative of ALPS Distributors, Inc.
Performance and Fees
Returns
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Performance data quoted represents past performance. Past performance is no guarantee of future results so that shares, when redeemed, may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. For current month-end performance call 1-866-759-5679 or visit www.alpsfunds.com. Performance includes reinvested distributions and capital gains.
Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
Effective 06/01/2023, RiverFront Investment Group, LLC ceased to serve as sub-adviser to the Fund and ALPS Advisors, Inc., the Fund’s investment adviser, assumed all responsibility for selecting the Fund’s investments. Performance data prior to 06/01/2023 is not indicative of the performance of the Fund as it is currently managed.
Fund inception date: 06/06/2016
S&P Composite 1500 Index: combines three leading indices, the S&P 500, the S&P MidCap 400, and the S&P SmallCap 600, to cover approximately 90% of US market capitalization. One may not invest directly in an index.
$10,000 Hypothetical Investment
The chart above represents the total return historical performance of a hypothetical investment of $10,000 in the Fund over the life of the Fund. Performance calculations are as of the end of each month. Past performance is no guarantee of future results. This chart does not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares.
Fees
Facts and Characteristics
Fund Pricing
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Risk Metrics
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Trading Characteristics
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Fund Yields
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30-Day SEC Yield: reflects the dividends and interest earned during the period, after the deduction of the Fund's expenses.
30-Day SEC Yield (Unsubsidized): reflects the dividends and interest earned during the period, after the deduction of the Fund’s expenses, excluding fee waivers.
Portfolio
Sector Breakdown
- Top Five Holdings
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Geography Breakdown
- Top Five Holdings
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Fund Holdings
Resources
Funds Related to RFFC
RiverFront Dynamic Core Income ETF
RiverFront Dynamic US Dividend Advantage ETF
Fund Disclosure
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemable.
Due to the nature of the securities in which the Fund invests, the Fund may have relatively high portfolio turnover compared to other funds.
The values of equity securities, such as common stocks and preferred stock, may decline due to general market conditions that are not specifically related to a particular company, such as real or perceived adverse economic conditions, inflation (or expectations for inflation), changes in the general outlook for corporate earnings, changes in interest or currency rates or adverse investor sentiment generally. Equity securities generally have greater price volatility than fixed-income securities.
The Fund is considered nondiversified and as a result may experience greater volatility than a diversified fund.
ALPS Advisors, Inc., registered investment adviser with the SEC, is the investment adviser to the Fund. ALPS Advisors, Inc., ALPS Distributors, Inc. and ALPS Portfolio Solutions Distributor, Inc. are affiliated.
ALPS Portfolio Solutions Distributor, Inc. is the distributor for the Fund.