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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?

Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.

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

However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.

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.

Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns.

Fund Sponsor & Index

The fund is managed by Alps. IDOG has been able to amass assets over $560.01 million, making it one of the average sized ETFs in the Foreign Large Value ETF. Before fees and expenses, this particular fund 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.

With on par with most peer products in the space, this ETF has annual operating expenses of 0.50%.

It has a 12-month trailing dividend yield of 4.42%.

Sector Exposure and Top Holdings

It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.

Looking at individual holdings, Astellas Pharma Inc. accounts for about 2.14% of total assets, followed by Kuehne + Nagel International Ag (KNIN) and Erste Bank Polska Sa (EBP).

IDOG's top 10 holdings account for about 21.04% of its total assets under management.

Performance and Risk

Year-to-date, the ALPS International Sector Dividend Dogs ETF has added about 13.81% so far, and is up about 23.53% over the last 12 months (as of 10/15/2026). IDOG has traded between $36.18 $44.95 in this past 52-week period.

IDOG has a beta of 0.59 and standard deviation of 14.09% for the trailing three-year period, which makes the fund 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 Index Fund ETF Shares (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 Index Fund ETF Shares has $21.31 billion in assets, Schwab Fundamental International Equity ETF has $25.33 billion. VYMI has an expense ratio of 0.07% 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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