EDOG vs. DMDV

Last updated Jun 24, 2026

EDOG (ALPS Emerging Sector Dividend Dogs ETF) and DMDV (AAM S&P Developed Markets High Dividend Value ETF) are both exchange-traded funds - EDOG is a Emerging Markets Equities fund tracking the S-Network Emerging Sector Dividend Dogs Index, while DMDV is a Foreign Large Cap Equities fund tracking the S&P Developed Ex-U.S. Dividend and Free Cash Flow Yield. Both are passively managed. A 0.63 correlation means they provide meaningful diversification when combined. EDOG charges 0.60%/yr vs 0.39%/yr for DMDV.

Performance

EDOG vs. DMDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Emerging Sector Dividend Dogs ETF (EDOG) and AAM S&P Developed Markets High Dividend Value ETF (DMDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDOG

• 1D: -0.23%
• 1M: -0.76%
• YTD: 1.65%
• 6M: 0.54%
• 1Y: 17.09%
• 3Y*: 10.59%
• 5Y*: 4.98%
• 10Y*: 6.34%

DMDV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EDOG vs. DMDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EDOG ALPS Emerging Sector Dividend Dogs ETF	1.65%	22.59%	1.70%	11.58%	-10.50%	11.71%	7.99%	13.26%	-2.25%
DMDV AAM S&P Developed Markets High Dividend Value ETF	0.00%	0.00%	7.82%	18.63%	-7.53%	10.16%	-20.45%	30.25%	-8.11%

Correlation

The correlation between EDOG and DMDV is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (All Time) Calculated using the full available price history since Nov 28, 2018	0.63

The correlation between EDOG and DMDV shifts across timeframes, from 0.43 (3 years) to 0.63 (all time), reflecting how their relationship changes across market environments.

EDOG vs. DMDV - Sectors Allocation Comparison

Sectors	EDOG	DMDV
Industrials	11.3%	12.5%
Energy	11.2%	6.6%
Financial Services	11.0%	9.0%
Healthcare	10.3%	8.9%
Utilities	10.2%	9.2%
Consumer Defensive	9.6%	9.4%
Technology	9.4%	7.6%
Consumer Cyclical	6.1%	8.7%
Basic Materials	6.0%	9.0%
Communication Services	5.4%	9.1%
Real Estate	-	10.0%

Return for Risk

EDOG vs. DMDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDOG

EDOG Risk / Return Rank: 32
EDOG Sharpe Ratio Rank: 31
EDOG Sortino Ratio Rank: 30
EDOG Omega Ratio Rank: 32
EDOG Calmar Ratio Rank: 34
EDOG Martin Ratio Rank: 32

DMDV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDOG vs. DMDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Emerging Sector Dividend Dogs ETF (EDOG) and AAM S&P Developed Markets High Dividend Value ETF (DMDV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EDOG	DMDV	Difference
Sharpe ratio: Return per unit of total volatility	1.07	—	—
Sortino ratio: Return per unit of downside risk	1.54	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.60	—	—
Martin ratio: Return relative to average drawdown	4.24	—	—

Drawdowns

Drawdown Indicators

	EDOG	DMDV	Difference
Max Drawdown Largest peak-to-trough decline	-44.29%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.29%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.54%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-44.29%	—	—
Current Drawdown Current decline from peak	-9.54%	—	—
Average Drawdown Average peak-to-trough decline	-11.20%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.05%	—	—

Volatility

Volatility by Period

	EDOG	DMDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.05%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.42%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	—	—

EDOG vs. DMDV - Expense Ratio Comparison

EDOG has a 0.60% expense ratio, which is higher than DMDV's 0.39% expense ratio.

Dividends

EDOG vs. DMDV - Dividend Comparison

EDOG's dividend yield for the trailing twelve months is around 5.06%, while DMDV has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DMDV AAM S&P Developed Markets High Dividend Value ETF	0.00%	0.00%	3.51%	6.98%	5.60%	4.45%	3.13%	5.36%	0.27%	0.00%	0.00%	0.00%
EDOG ALPS Emerging Sector Dividend Dogs ETF	5.06%	4.50%	6.55%	6.53%	5.07%	4.11%	2.60%	4.93%	5.37%	2.89%	2.97%	4.55%

Frequently Asked Questions

Can I hold both EDOG and DMDV in my portfolio?

EDOG and DMDV have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EDOG or DMDV?

On fees, DMDV is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDOG or DMDV?

DMDV is cheaper with a 0.39% expense ratio, compared with 0.60% for EDOG.

Which ETF pays a higher dividend yield, EDOG or DMDV?

EDOG has the higher dividend yield at 5.06%, compared with 0.00% for DMDV.

What is the main difference between EDOG and DMDV?

EDOG is categorized as Emerging Markets Equities, while DMDV is Foreign Large Cap Equities. EDOG tracks S-Network Emerging Sector Dividend Dogs Index, while DMDV tracks S&P Developed Ex-U.S. Dividend and Free Cash Flow Yield. They also come from different issuers: SS&C and Advisors Asset Management. Their fees differ too: 0.60% for EDOG and 0.39% for DMDV.