EtherChannel - Load balancing algorithm applied globally and per portchannel

When applying EtherChannel to a bundle of switchports, it is possible to configure the type of load balancing algorithm that will be used to achieve load balancing.

On Cisco IOS and IOS XE routers, this configuration is applied globally and the same algorithm is used for all local portchannels.

On Cisco Nexus devices, it is possible to configure the load balancing algorithm on a per-portchannel basis.