Fund Description: ALPS Equal Sector Weight ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the ALPS ETF Trust, an investment management company. INVESTMENT OBJECTIVE: ALPS Equal Sector Weight ETF seeks investment results that replicate as closely as possible, before fees and expenses, the performance of the Bank of America Securities - Merrill Lynch Equal Sector Weight Index. INDEX DESCRIPTION: The Bank of America Securities - Merrill Lynch Equal Sector Weight Index is an index of indexes comprised in equal proportions of the nine Select Sector SPDR Indexes (The Underlying Sector Indexes). These are the Consumer Discretionary Select Sector Index, Consumer Staples Select Sector Index, Materials Select Sector Index, Energy Select Sector Index, Technology Select Sector Index, Utilities Select Sector Index, Financial Select Sector Index, Industrial Select Sector Index and Health Care Select Sector Index. These nine Indexes, whose components add up to the components of the S&P 500, are the Select Sector SPDR Indexes. Each Select Sector SPDR Index is a modified capitalization weighted index whose composition is defined by their GICS (Global Industry Classification System) code. This design ensures that each of the component stocks within a Select Sector SPDR Index is represented in a proportion consistent with its percentage with respect to the total market capitalization of such Select Sector SPDR Index. Under certain conditions, however, the number of shares of a component stock within the Select Sector SPDR Index may be adjusted to conform to Internal Revenue Code requirements. At all times, the Bank of America Securities - Merrill Lynch Equal Sector Weight Index will be comprised of the constituents in the S&P 500, albeit in different weights. The Index is designed to track the equally weighted performance of the Underlying Sector Indexes. Accordingly, each Underlying Sector Index has an initial weight of 11.1% in the Index so that the Underlying Sector Indexes in aggregate total to 100.0%. The Index is rebalanced quarterly so that each rebalance will result in each Underlying Sector Index having an Index weight of 11.1%. FUND STRATEGY: In order to track the securities in the Index, the Fund will use a fund of funds approach, and seek to achieve its investment objective by investing at least 90% if its total assets in the shares of Select Sector SPDR exchange-traded funds (each, an Underlying Sector ETF and collectively, the Underlying Sector ETFs) that track the Underlying Sector Indexes of which the Index is comprised. Each Underlying Sector ETF is an index fund that invests in the equity securities of companies in a particular sector or group of industries. The objective of each Underlying Sector ETF is to track its respective Underlying Sector Index by replicating the securities in the Underlying Sector Index. Together, the nine Underlying Sector Indexes represent the Bank of America Securities - Merrill Lynch Equal Sector Weight Index as a whole. The Fund generally will invest in all of the Underlying Sector ETFs in proportion to the weight of its corresponding Underlying Sector Index weight in the Index. However, under various circumstances, it may not be possible or practicable to purchase all of the Underlying ETFs in those weightings. In those circumstances, the Fund may purchase a sample of the Underlying ETFs in proportions expected by the Investment Adviser to replicate generally the performance of the Index as a whole. FUND MANAGEMENT: ALPS Advisors, Inc. acts as the Funds’ investment adviser and is responsible for the day-to-day management of the Funds.