Bringing you live news and features since 2006 

ALPS Sector Dividend Dogs ETF surpasses billion dollar mark

RELATED TOPICS​

The ALPS Sector Dividend Dogs Exchange-Traded Fund (ETF) (NYSE: SDOG) has passed one billion dollars in assets under management.

Launched in June 2012, SDOG was the first of the ALPS Sector Dividend Dogs Series, a lineup of specialised ETFs that utilize the “Dogs of the Dow” theory to access potentially undervalued high dividend stocks. SDOG, which attempts to reflect the performance of the S-Network Sector Dividend Dogs Index, applies the theory on a sector-by-sector basis using the S&P 500 with a focus on high dividend exposure.

In addition to SDOG, ALPS Sector Dividend Dogs Series now includes the ALPS International Sector Dividend Dogs ETF (IDOG), which launched in June 2013, and the ALPS Emerging Sector Dogs ETF (EDOG), which came to market in March.

“We had every reason to think SDOG would resonate with the marketplace when we launched it in 2012,” says Tom Carter*, President of ALPS Advisors. “But to reach a billion in dollars in just two and a half years is a stunning achievement, even to us.”

“Given the anaemic yields on US Treasuries, there’s no doubt that investors have expanded their yield-generating horizons this year,” says Mike Akins, portfolio manager and Senior Vice President of ALPS. “I’m not surprised to see the market turn to a dividend index like SDOGX for an income alternative.”

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by