Is ALPS Equal Sector Weight ETF (EQL) a Strong ETF Right Now?

EQL is a smart beta ETF launched in 2009 that provides broad exposure to large-cap equities with equal weighting across sectors. With $758.22 million in assets and a 0.19% expense ratio, it has delivered 11.24% returns year-to-date and 13.21% over the past year. However, cheaper alternatives like VOO and IVV with lower expense ratios (0.03%) may be more suitable for investors seeking traditional market-cap weighted exposure.