In this paper we look at the diversity of equal gain transmission (EGT) for single user (SU) MIMO and multiuser (MU) MIMO in the context of third generation partnership project long term evolution (3GPP LTE). We look at the low resolution LTE precoders which are based on the principle of EGT. Our analytical results show that EGT has full diversity in SU MIMO while the simulation results show that there is a loss of diversity for EGT in MU MIMO mode.