The ALPS (OUSA) was launched on 07/14/2015, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.What Are Smart Beta ETFs?Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a go ...

Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the ALPS (OUSA) , a passively managed exchange traded fund launched on July 14, 2015.The fund is sponsored by Alps. It has amassed assets over $804.12 million, making it one of the average sized ETFs attempting to match the Large Cap Value segment of the US equity market.Why Large Cap ValueCompanies that find themselves in the large cap category typically have a market capitalization above $10 billion. The ...