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Market-Beating ‘Dividend Dogs’ ETF Gets a Big Buyer


A specialized dividend ETF that’s beating the S&P 500 this year saw record trading volume on Tuesday and what appears to be a rather large inflow.

Over 650,000 shares of ALPS Sector Dividend Dogs ETF (SDOG) traded on Tuesday, nearly double the previous volume record.

Buyers were “picking away” at the ETF on Monday, according to a note from WallachBeth Capital. “That is [a] great inflow for this one.”

SDOG follows the S-Network Sector Dividend Dogs Index.

The benchmark selects stocks from the S&P 500. At the annual reconstitution, the index identifies the five highest-yielding stocks in each of the 10 sectors of the S&P 500. It is rebalanced on a quarterly basis to maintain 10% in each sector, and 2% in each of the 50 stocks.

The fund is up 25.9% year to date, compared with a gain of 20.9% for the S&P 500, according to Morningstar.

SDOG charges an expense ratio of 0.40%.

ALPS Sector Dividend Dogs ETF

The opinions and forecasts expressed herein are solely those of John Spence, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.