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Is ALPS International Sector Dividend Dogs ETF (IDOG) a Strong ETF Right Now?

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A smart beta exchange traded fund, the ALPS International Sector Dividend Dogs ETF (IDOG - Free Report) debuted on 06/28/2013, and offers broad exposure to the Foreign Large Value ETF category of the market.

What Are Smart Beta ETFs?

The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market.

Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns.

There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies.

Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics.

This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results.

Fund Sponsor & Index

The fund is managed by Alps, and has been able to amass over $384.22 million, which makes it one of the average sized ETFs in the Foreign Large Value ETF. IDOG, before fees and expenses, seeks to match the performance of the S-Network International Sector Dividend Dogs Index.

The S-Network International Sector Dividend Dogs Index identifies five high yielding securities, based on regular cash dividends, in each of the ten Global Industry Classification Standard sectors and is rebalanced quarterly.

Cost & Other Expenses

Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same.

Operating expenses on an annual basis are 0.50% for this ETF, which makes it on par with most peer products in the space.

IDOG's 12-month trailing dividend yield is 4.18%.

Sector Exposure and Top Holdings

Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.

Taking into account individual holdings, Neste Oyj (NESTE) accounts for about 2.63% of the fund's total assets, followed by Fortescue Ltd. (FMG) and Kering Sa (KER).

IDOG's top 10 holdings account for about 22.87% of its total assets under management.

Performance and Risk

The ETF return is roughly 27.27% and is up roughly 18.26% so far this year and in the past one year (as of 09/22/2025), respectively. IDOG has traded between $28.25 and $36.62 during this last 52-week period.

The ETF has a beta of 0.74 and standard deviation of 15.57% for the trailing three-year period, making it a medium risk choice in the space. With about 51 holdings, it effectively diversifies company-specific risk .

Alternatives

ALPS International Sector Dividend Dogs ETF is not a suitable option for investors seeking to outperform the Foreign Large Value ETF segment of the market. Instead, there are other ETFs in the space which investors should consider.

Vanguard International High Dividend Yield ETF (VYMI) tracks FTSE All-World ex US High Dividend Yield Index and the Schwab Fundamental International Equity ETF (FNDF) tracks Russell RAFI Developed ex US Large Co. Index (Net). Vanguard International High Dividend Yield ETF has $12.24 billion in assets, Schwab Fundamental International Equity ETF has $17.66 billion. VYMI has an expense ratio of 0.17% and FNDF changes 0.25%.

Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Foreign Large Value ETF

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.

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