What does ALPS Sector Dividend Dogs ETF do?
ALPS Sector Dividend Dogs ETF (NYSE:SDOG) focuses on investing in shares of companies across various sectors known for high dividend yields. The ETF employs a strategy that seeks to track the performance of the S-Network Sector Dividend Dogs Index, which emphasizes selecting the five highest yielding stocks from each of the ten sectors of the S&P 500, except the Real Estate sector. The objective of SDOG is to provide investors with a diversified portfolio that aims for high dividend yields while possessing the potential for capital appreciation. The fund is managed with the intention of mirroring the index's composition, aiming to offer investors an efficient way to tap into the dividend-paying potential of some of the highest yielding equities across diverse sectors.