EDOG vs. SBIO

Last updated Jun 5, 2026

EDOG (ALPS Emerging Sector Dividend Dogs ETF) and SBIO (ALPS Medical Breakthroughs ETF) are both exchange-traded funds - EDOG is a Emerging Markets Equities fund tracking the S-Network Emerging Sector Dividend Dogs Index, while SBIO is a Health & Biotech Equities fund tracking the S-Network Medical Breakthroughs Index. Both are passively managed. Over the past 10 years, EDOG returned 6.08%/yr vs 8.03%/yr for SBIO. At a 0.35 correlation, their price movements are largely independent. EDOG charges 0.60%/yr vs 0.50%/yr for SBIO.

Performance

EDOG vs. SBIO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Emerging Sector Dividend Dogs ETF (EDOG) and ALPS Medical Breakthroughs ETF (SBIO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDOG achieves a 2.27% return, which is significantly higher than SBIO's 1.95% return. Over the past 10 years, EDOG has underperformed SBIO with an annualized return of 6.08%, while SBIO has yielded a comparatively higher 8.03% annualized return.

EDOG

• 1D: -0.16%
• 1M: -2.36%
• YTD: 2.27%
• 6M: 3.65%
• 1Y: 16.30%
• 3Y*: 11.00%
• 5Y*: 4.68%
• 10Y*: 6.08%

SBIO

• 1D: 2.35%
• 1M: -5.55%
• YTD: 1.95%
• 6M: 4.13%
• 1Y: 68.86%
• 3Y*: 18.38%
• 5Y*: 3.16%
• 10Y*: 8.03%

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

EDOG vs. SBIO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EDOG ALPS Emerging Sector Dividend Dogs ETF	2.27%	22.59%	1.70%	11.58%	-10.50%	11.71%	7.99%	13.26%	-16.52%	20.42%
SBIO ALPS Medical Breakthroughs ETF	1.95%	55.07%	3.81%	8.68%	-28.08%	-17.55%	21.17%	50.30%	-11.81%	45.67%

Correlation

The correlation between EDOG and SBIO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.35

EDOG vs. SBIO - Sectors Allocation Comparison

Sectors	EDOG	SBIO
Energy	14.0%	-
Industrials	11.9%	-
Communication Services	10.5%	-
Healthcare	10.5%	100.0%
Consumer Defensive	9.9%	-
Basic Materials	9.8%	-
Technology	9.2%	-
Utilities	8.8%	-
Financial Services	7.8%	-0.0%
Consumer Cyclical	7.6%	-
Real Estate	-	-

Return for Risk

EDOG vs. SBIO — Risk / Return Rank

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

EDOG

EDOG Risk / Return Rank: 31
EDOG Sharpe Ratio Rank: 29
EDOG Sortino Ratio Rank: 28
EDOG Omega Ratio Rank: 31
EDOG Calmar Ratio Rank: 37
EDOG Martin Ratio Rank: 32

SBIO

SBIO Risk / Return Rank: 76
SBIO Sharpe Ratio Rank: 74
SBIO Sortino Ratio Rank: 72
SBIO Omega Ratio Rank: 63
SBIO Calmar Ratio Rank: 90
SBIO Martin Ratio Rank: 82

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. SBIO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Emerging Sector Dividend Dogs ETF (EDOG) and ALPS Medical Breakthroughs ETF (SBIO). 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.

	EDOG	SBIO	Difference
Sharpe ratio: Return per unit of total volatility	1.03	2.35	-1.33
Sortino ratio: Return per unit of downside risk	1.48	3.22	-1.74
Omega ratio: Gain probability vs. loss probability	1.20	1.38	-0.17
Calmar ratio: Return relative to maximum drawdown	1.82	5.47	-3.65
Martin ratio: Return relative to average drawdown	4.62	16.23	-11.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDOG vs. SBIO - Sharpe Ratio Comparison

The current EDOG Sharpe Ratio is 1.03, which is lower than the SBIO Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of EDOG and SBIO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EDOG	SBIO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.03	2.35	-1.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.09	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.24	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.22	+0.01

Drawdowns

EDOG vs. SBIO - Drawdown Comparison

The maximum EDOG drawdown since its inception was -44.29%, smaller than the maximum SBIO drawdown of -63.06%. Use the drawdown chart below to compare losses from any high point for EDOG and SBIO.

Drawdown Indicators

	EDOG	SBIO	Difference
Max Drawdown Largest peak-to-trough decline	-44.29%	-63.06%	+18.77%
Max Drawdown (1Y) Largest decline over 1 year	-8.99%	-12.66%	+3.67%
Max Drawdown (3Y) Largest decline over 3 years	-15.29%	-42.44%	+27.15%
Max Drawdown (5Y) Largest decline over 5 years	-26.54%	-53.10%	+26.56%
Max Drawdown (10Y) Largest decline over 10 years	-44.29%	-63.06%	+18.77%
Current Drawdown Current decline from peak	-8.99%	-14.84%	+5.85%
Average Drawdown Average peak-to-trough decline	-11.21%	-28.44%	+17.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	4.26%	-0.72%

Volatility

EDOG vs. SBIO - Volatility Comparison

The current volatility for ALPS Emerging Sector Dividend Dogs ETF (EDOG) is 4.21%, while ALPS Medical Breakthroughs ETF (SBIO) has a volatility of 9.85%. This indicates that EDOG experiences smaller price fluctuations and is considered to be less risky than SBIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDOG	SBIO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	9.85%	-5.64%
Volatility (6M) Calculated over the trailing 6-month period	13.99%	22.76%	-8.77%
Volatility (1Y) Calculated over the trailing 1-year period	15.92%	29.40%	-13.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.38%	33.57%	-18.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.60%	33.18%	-15.58%

EDOG vs. SBIO - Expense Ratio Comparison

EDOG has a 0.60% expense ratio, which is higher than SBIO's 0.50% expense ratio.

Dividends

EDOG vs. SBIO - Dividend Comparison

EDOG's dividend yield for the trailing twelve months is around 4.89%, while SBIO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDOG ALPS Emerging Sector Dividend Dogs ETF	4.89%	4.50%	6.55%	6.53%	5.07%	4.11%	2.60%	4.93%	5.37%	2.89%	2.97%	4.55%
SBIO ALPS Medical Breakthroughs ETF	0.00%	0.00%	3.55%	0.22%	0.00%	0.00%	0.00%	0.04%	2.79%	1.77%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EDOG and SBIO in my portfolio?

EDOG and SBIO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDOG or SBIO?

SBIO has higher volatility (9.85%) compared to EDOG (4.21%). In terms of maximum drawdown, EDOG dropped -44.29% vs SBIO's -63.06%.

Which ETF is better, EDOG or SBIO?

On 10-year performance, SBIO leads with 8.03% vs 6.08% for EDOG. On fees, SBIO is cheaper at 0.50% per year. On volatility, EDOG has been the lower-risk option at 4.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EDOG or SBIO?

Over the 10-year period, SBIO has performed better with a 8.03% return vs 6.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDOG or SBIO?

SBIO is cheaper with a 0.50% expense ratio, compared with 0.60% for EDOG.

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

EDOG has the higher dividend yield at 4.89%, compared with 0.00% for SBIO.

What is the main difference between EDOG and SBIO?

EDOG is categorized as Emerging Markets Equities, while SBIO is Health & Biotech Equities. EDOG tracks S-Network Emerging Sector Dividend Dogs Index, while SBIO tracks S-Network Medical Breakthroughs Index. Their fees differ too: 0.60% for EDOG and 0.50% for SBIO.

Which has better risk-adjusted returns?

SBIO currently has the higher Sharpe Ratio (2.35 vs 1.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.