IDOG vs. BKIE

Last updated Jul 14, 2026

IDOG (ALPS International Sector Dividend Dogs ETF) and BKIE (BNY Mellon International Equity ETF) are both Foreign Large Cap Equities funds - IDOG tracks the S-Network International Sector Dividend Dogs Index while BKIE tracks the Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR. Both are passively managed. Over the past 5 years, IDOG returned 13.32%/yr vs 9.43%/yr for BKIE. Their correlation of 0.88 suggests significant overlap in exposure. IDOG charges 0.50%/yr vs 0.04%/yr for BKIE.

Performance

IDOG vs. BKIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS International Sector Dividend Dogs ETF (IDOG) and BNY Mellon International Equity ETF (BKIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDOG achieves a 11.75% return, which is significantly higher than BKIE's 9.22% return.

IDOG

• 1D: 0.62%
• 1M: -2.99%
• 6M: 9.96%
• YTD: 11.75%
• 1Y: 27.84%
• 3Y*: 18.66%
• 5Y*: 13.32%
• 10Y*: 10.55%

BKIE

• 1D: -1.01%
• 1M: -0.26%
• 6M: 5.59%
• YTD: 9.22%
• 1Y: 21.39%
• 3Y*: 16.16%
• 5Y*: 9.43%
• 10Y*: —

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

IDOG vs. BKIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
IDOG ALPS International Sector Dividend Dogs ETF	11.75%	39.94%	1.35%	23.57%	-4.50%	11.33%	34.16%
BKIE BNY Mellon International Equity ETF	9.22%	32.08%	4.63%	18.25%	-13.60%	13.75%	34.17%

Correlation

The correlation between IDOG and BKIE is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Apr 24, 2020	0.88

The correlation between IDOG and BKIE shifts across timeframes, from 0.77 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

IDOG vs. BKIE - Sectors Allocation Comparison

Sectors	IDOG	BKIE
Industrials	12.2%	18.2%
Financial Services	11.3%	25.9%
Basic Materials	10.2%	7.3%
Energy	10.1%	5.5%
Communication Services	9.8%	4.4%
Consumer Cyclical	9.6%	7.4%
Utilities	9.6%	3.5%
Consumer Defensive	9.1%	6.2%
Technology	9.1%	10.9%
Healthcare	8.9%	8.9%
Real Estate	-	1.9%

Return for Risk

IDOG vs. BKIE — Risk / Return Rank

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

IDOG

IDOG Risk / Return Rank: 81
IDOG Sharpe Ratio Rank: 80
IDOG Sortino Ratio Rank: 77
IDOG Omega Ratio Rank: 75
IDOG Calmar Ratio Rank: 90
IDOG Martin Ratio Rank: 84

BKIE

BKIE Risk / Return Rank: 51
BKIE Sharpe Ratio Rank: 52
BKIE Sortino Ratio Rank: 52
BKIE Omega Ratio Rank: 50
BKIE Calmar Ratio Rank: 47
BKIE Martin Ratio Rank: 53

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.

IDOG vs. BKIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS International Sector Dividend Dogs ETF (IDOG) and BNY Mellon International Equity ETF (BKIE). 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.

	IDOG	BKIE	Difference
Sharpe ratio: Return per unit of total volatility	2.03	1.42	+0.61
Sortino ratio: Return per unit of downside risk	2.74	2.04	+0.71
Omega ratio: Gain probability vs. loss probability	1.35	1.25	+0.09
Calmar ratio: Return relative to maximum drawdown	4.32	1.88	+2.44
Martin ratio: Return relative to average drawdown	13.13	7.23	+5.90

IDOG vs. BKIE - Sharpe Ratio Comparison

The current IDOG Sharpe Ratio is 2.03, which is higher than the BKIE Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of IDOG and BKIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IDOG vs. BKIE - Drawdown Comparison

The maximum IDOG drawdown since its inception was -37.32%, which is greater than BKIE's maximum drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for IDOG and BKIE.

Drawdown Indicators

	IDOG	BKIE	Difference
Max Drawdown Largest peak-to-trough decline	-37.32%	-28.19%	-9.13%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-11.41%	+4.94%
Max Drawdown (3Y) Largest decline over 3 years	-13.92%	-13.19%	-0.73%
Max Drawdown (5Y) Largest decline over 5 years	-25.31%	-28.19%	+2.88%
Max Drawdown (10Y) Largest decline over 10 years	-37.32%	—	—
Current Drawdown Current decline from peak	-2.99%	-1.94%	-1.05%
Average Drawdown Average peak-to-trough decline	-7.89%	-4.91%	-2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	2.97%	-0.84%

Volatility

IDOG vs. BKIE - Volatility Comparison

The current volatility for ALPS International Sector Dividend Dogs ETF (IDOG) is 4.05%, while BNY Mellon International Equity ETF (BKIE) has a volatility of 4.54%. This indicates that IDOG experiences smaller price fluctuations and is considered to be less risky than BKIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDOG	BKIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	4.54%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	11.05%	13.02%	-1.97%
Volatility (1Y) Calculated over the trailing 1-year period	13.81%	15.21%	-1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.67%	16.21%	-0.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.08%	16.34%	+0.74%

IDOG vs. BKIE - Expense Ratio Comparison

IDOG has a 0.50% expense ratio, which is higher than BKIE's 0.04% expense ratio.

Dividends

IDOG vs. BKIE - Dividend Comparison

IDOG's dividend yield for the trailing twelve months is around 4.40%, more than BKIE's 3.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKIE BNY Mellon International Equity ETF	3.22%	3.12%	3.31%	2.88%	2.97%	2.58%	1.49%	0.00%	0.00%	0.00%	0.00%	0.00%
IDOG ALPS International Sector Dividend Dogs ETF	4.40%	4.26%	4.90%	4.86%	4.46%	3.85%	3.00%	5.41%	4.50%	3.33%	4.01%	4.19%

Frequently Asked Questions

Can I hold both IDOG and BKIE in my portfolio?

IDOG and BKIE have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDOG or BKIE?

BKIE has higher volatility (4.54%) compared to IDOG (4.05%). In terms of maximum drawdown, IDOG dropped -37.32% vs BKIE's -28.19%.

Which ETF is better, IDOG or BKIE?

On 5-year performance, IDOG leads with 13.32% vs 9.43% for BKIE. On fees, BKIE is cheaper at 0.04% per year. On volatility, IDOG has been the lower-risk option at 4.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDOG or BKIE?

Over the 5-year period, IDOG has performed better with a 13.32% return vs 9.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDOG or BKIE?

BKIE is cheaper with a 0.04% expense ratio, compared with 0.50% for IDOG.

Which ETF pays a higher dividend yield, IDOG or BKIE?

IDOG has the higher dividend yield at 4.40%, compared with 3.22% for BKIE.

What is the main difference between IDOG and BKIE?

IDOG tracks S-Network International Sector Dividend Dogs Index, while BKIE tracks Solactive GBS Developed Markets ex United States Large & Mid Cap USD Index NTR. They also come from different issuers: SS&C and BNY Mellon. Their fees differ too: 0.50% for IDOG and 0.04% for BKIE.

Which has better risk-adjusted returns?

IDOG currently has the higher Sharpe Ratio (2.03 vs 1.42), 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.