ALPS Sector Dividend Dogs ETF
ALTAR
Score™
10.0% info Recommen-
dation
SPECULATIVE
2020E    2021E
P/E
ratio
18.1x P/Sales
ratio
0.9x
P/BV
ratio
1.5x Div.
yield
4.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
ALPS Sector Dividend Dogs ETF is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that replicate as closely as possible, before fees and expenses, the performance of the S-Network Sector Dividend Dogs Index.

FUND BASICS
Category US Equities
Fund Sponsor ALPS Advisors Inc
Website www.alpsetfs.com
Inception date Jun 29, 2012
Assets (mns) $962
Currency USD
Expense ratio 40 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Equal
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 51
Wgt avg mkt cap (mns) $51,454
Large cap (>$10bn) 75.2%
Mid cap ($2-10bn) 24.8%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
L BRANDS, INC. 3.5 %
GAP INC/THE 3.0 %
UNITED PARCEL SERVICE-CL B 2.9 %
WESTROCK CO. 2.4 %
CUMMINS INC 2.3 %
BROADCOM INC. 2.3 %
EATON CORP PLC 2.2 %
INTERNATIONAL PAPER CO 2.2 %
EASTMAN CHEMICAL COMPANY 2.2 %
MAXIM INTEGRATED PRODUCTS 2.2 %
Total 25.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 93.0 %
IRELAND 4.0 %
BRITAIN 2.1 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru August 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-14.8% -2.9% 5.8% -- 9.2%

Market Correlations
versus... Beta R-squared
S&P500 1.15 89%
MSCI EAFE 1.24 87%
MSCI Emg. Mkts. 0.90 73%

Technical Indicators
Recent close $39.32
30d moving avg. $39.00
Annualized volatility 21.3%
Short interest (ETF) 0.0%
Short interest (Underlying) 4.6%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 102
Turnover 0.4%
Bid/Ask (% of price) 0.04%
ADV underlying (mns) $2,157

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the ALPS Sector Dividend Dogs ETF ETF based on the alternatives' overlap in portfolio holdings with SDOG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SDOG Expense: 40 bp ALTAR Score™: 10.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SDOG
Ticker Fund
Name
Overlap1
vs SDOG
(%)
Expense
ratio
(bp)
Savings
vs SDOG
(bp)
ALTAR
Score™
(%)
ALTAR
vs SDOG
(%)
SPHD Invesco S&P 500 High Dividend Low Volatility ETF 45.8 30 10 9.2 -0.8
DTN WisdomTree U.S. Dividend ex-Financials Fund 42.6 38 2 7.8 -2.3
SPDV AAM S&P 500 High Dividend Value ETF 39.9 29 11 9.8 -0.2
PEY Invesco High Yield Equity Dividend Achievers ETF 37.9 52 -12 9.7 -0.4
DVY iShares Select Dividend ETF 34.8 39 1 9.3 -0.7
SPYD SPDR S&P 500 High Dividend ETF 34.2 7 33 10.9 +0.9
DHS WisdomTree U.S. High Dividend Fund 31.4 38 2 8.6 -1.5
LVHD Legg Mason Low Volatility High Dividend ETF 31.0 27 13 8.1 -1.9
FDL First Trust Morningstar Dividend Leaders Index Fund 30.3 45 -5 10.0 -0.0
CDL VictoryShares US Large Cap High Dividend Volatility Wtd Idx 30.3 35 5 8.3 -1.7
RNDV US Equity Dividend Select ETF 29.1 50 -10 7.8 -2.2
DEW WisdomTree Global High Dividend Fund 27.0 58 -18 9.4 -0.7
SCHD Schwab U.S. Dividend Equity ETF 26.8 6 34 7.8 -2.2
HDV iShares Core High Dividend ETF 26.1 8 32 6.8 -3.2
GBDV Global Beta Smart Income ETF 25.5 29 11 8.3 -1.8
DURA VanEck Vectors Morningstar Durable Dividend ETF 24.1 29 11 6.9 -3.1
WBIY WBI Power Factor High Dividend ETF 23.9 70 -30 10.8 +0.7
CDC VictoryShares US EQ Income Enhanced Volatility Wtd Index ETF 23.9 35 5 8.3 -1.7
FDRR Fidelity Dividend ETF for Rising Rates 23.7 29 11 7.5 -2.5
VYM Vanguard High Dividend Yield Index ETF 23.7 6 34 7.3 -2.7
JDIV JPMorgan U.S. Dividend ETF 23.6 12 28 7.6 -2.4
COWZ Pacer US Cash Cows 100 ETF 23.2 49 -9 10.3 +0.3
FDVV Fidelity Core Dividend ETF 23.1 29 11 7.4 -2.6
JKF iShares Morningstar Large Cap Value ETF 22.9 25 15 7.5 -2.6
USDY Pacific Global US Equity Income ETF 22.8 29 11 7.1 -3.0
VLUE iShares Edge MSCI USA Value Factor ETF 22.1 15 25 11.3 +1.2
DLN WisdomTree U.S. LargeCap Dividend Fund 22.0 28 12 6.9 -3.2
PWV Invesco Dynamic Large Cap Value ETF 21.6 56 -16 8.1 -2.0
RDIV Invesco S&P Ultra Dividend Revenue ETF 21.0 39 1 10.2 +0.2
OUSA O'Shares FTSE US Quality Dividend ETF 20.7 48 -8 6.4 -3.6
DTD WisdomTree U.S.Total Dividend Fund 20.2 28 12 7.0 -3.0
RPV Invesco S&P 500 Pure Value ETF 20.0 35 5 10.7 +0.6
MGV Vanguard Mega Cap Value ETF 19.6 7 33 7.1 -3.0
SCHV Schwab U.S. Large-Cap Value ETF 19.1 4 36 7.0 -3.0
VOOV Vanguard S&P 500 Value ETF 18.4 10 30 7.2 -2.9
IVE iShares S&P 500 Value ETF 18.2 18 22 7.1 -3.0
SPYV SPDR Portfolio S&P 500 Value ETF 18.1 4 36 7.2 -2.8
JKI iShares Morningstar Mid-Cap Value ETF 18.0 30 10 8.8 -1.2
GCOW Pacer Global High Dividend ETF 17.9 60 -20 10.3 +0.3
EQWL Invesco Russell Top 200 Equal Weight ETF 17.9 25 15 6.1 -4.0
VTV Vanguard Value Index Fund 17.8 4 36 7.2 -2.8
ONEY SPDR Russell 1000 Yield Focus ETF 17.4 20 20 8.7 -1.3
IUSV iShares Core S&P U.S. Value ETF 17.3 4 36 7.3 -2.8
DIV Global X SuperDividend US ETF 16.7 46 -6 5.9 -4.2
WLDR Affinity World Leaders Equity ETF 16.5 47 -7 9.5 -0.5
MAGA Point Bridge GOP Stock Tracker ETF 16.5 72 -32 6.2 -3.9
RAFE PIMCO RAFI ESG U.S. ETF 16.4 29 11 7.5 -2.6
EQRR ProShares Equities for Rising Rates ETF 16.3 35 5 6.7 -3.3
TPHD Timothy Plan High Dividend Stock ETF 16.3 52 -12 7.4 -2.7
FTA First Trust Large Cap Value AlphaDEX Fund 16.0 60 -20 9.0 -1.1
QDEF FlexShares Quality Dividend Defensive Index Fund 15.9 37 3 6.8 -3.2
PRF Invesco FTSE RAFI US 1000 ETF 15.9 39 1 7.1 -3.0
PFM Invesco Dividend Achievers ETF 15.8 53 -13 5.3 -4.8
IWX iShares Russell Top 200 Value ETF 15.7 20 20 6.7 -3.4
ESGS Columbia Sustainable U.S. Equity Income ETF 15.5 35 5 8.7 -1.4
PY Principal Shareholder Yield Index ETF 15.4 15 25 9.2 -0.8
VALQ American Century STOXX U.S. Quality Value ETF 15.3 29 11 8.9 -1.1
RFDA RiverFront Dynamic US Dividend Advantage ETF 15.2 52 -12 5.5 -4.5
FNDX Schwab Fundamental U.S. Large Co. Index ETF 15.1 25 15 7.2 -2.9
DIVB iShares U.S. Dividend & Buyback ETF 14.7 25 15 7.0 -3.0
NULV Nuveen ESG Large-Cap Value ETF 14.7 35 5 7.1 -2.9
FLQL Franklin LibertyQ U.S. Equity ETF 14.6 15 25 6.2 -3.8
IUS Invesco Strategic US ETF 14.5 19 21 6.9 -3.1
JVAL JPMorgan U.S. Value Factor ETF 14.4 12 28 8.7 -1.3
QDYN FlexShares Quality Dividend Dynamic Index Fund 14.2 37 3 6.9 -3.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 14.1 25 15 7.2 -2.9
RWL Invesco S&P 500 Revenue ETF 14.0 39 1 7.2 -2.8
QDIV Global X S&P 500 Quality Dividend ETF 13.5 20 20 7.5 -2.6
REVS Columbia Research Enhanced Value ETF 13.4 19 21 7.3 -2.7
AUSF Global X Adaptive U.S. Factor ETF 13.4 27 13 9.1 -1.0
YLDE ClearBridge Dividend Strategy ESG ETF 13.3 60 -20 5.3 -4.8
IWD iShares Russell 1000 Value ETF 13.2 19 21 6.8 -3.3
VLU SPDR S&P 1500 Value Tilt ETF 13.2 12 28 7.4 -2.6
VONV Vanguard Russell 1000 Value Index Fund 13.2 8 32 6.9 -3.2
SPHB Invesco S&P 500 High Beta ETF 13.1 25 15 8.6 -1.5
SPVM Invesco S&P 500 Value with Momentum ETF 13.0 39 1 8.7 -1.3
FVAL Fidelity Value Factor ETF 13.0 29 11 8.3 -1.7
RVRS Reverse Cap Weighted U.S. Large Cap ETF 13.0 29 11 7.7 -2.4
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 12.7 15 25 6.9 -3.2
DGRW WisdomTree U.S. Quality Dividend Growth Fund 12.7 28 12 7.2 -2.8
SDY SPDR S&P Dividend ETF 12.5 35 5 7.0 -3.1
VFVA Vanguard U.S. Value Factor ETF 12.3 14 26 10.8 +0.8
FQAL Fidelity Quality Factor ETF 12.2 29 11 6.1 -3.9
SPVU Invesco S&P 500 Enhanced Value ETF 12.2 13 27 11.4 +1.4
QDF FlexShares Quality Dividend Index Fund 12.1 37 3 6.8 -3.2
DGRO iShares Core Dividend Growth ETF 11.9 8 32 6.8 -3.2
HDIV QRAFT AI-Enhanced U.S. High Dividend ETF 11.9 75 -35 5.3 -4.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 11.9 29 11 6.2 -3.8
PMOM Principal Sustainable Momentum Index ETF 11.8 29 11 8.6 -1.4
RNLC Large Cap US Equity Select ETF 11.8 60 -20 6.1 -3.9
VETS Pacer Military Times Best Employers ETF 11.6 60 -20 6.6 -3.4
MOAT VanEck Vectors Morningstar Wide Moat ETF 11.6 49 -9 6.3 -3.8
STLV iShares Factors US Value Style ETF 11.5 25 15 7.1 -2.9
KNG Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF 11.5 75 -35 5.5 -4.6
GBLO Global Beta Low Beta ETF 11.5 29 11 6.9 -3.1
ULVM VictoryShares USAA MSCI USA Value Momentum ETF 11.4 20 20 7.6 -2.5
NOBL ProShares S&P 500 Dividend Aristocrats ETF 11.4 35 5 5.9 -4.1
EPS WisdomTree U.S. Earnings 500 Fund 11.4 8 32 7.1 -3.0
ROUS Hartford Multifactor US Equity ETF 11.3 19 21 6.4 -3.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
ALPS Sector Dividend Dogs ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.7 %
Divided by: Fwd. P/BV 1.4 x
Less: Expense ratio 40 bp
Equals: ALTAR Score 10.0 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.74 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.