IDOG vs. DBAW

Last updated Jun 4, 2026

IDOG (ALPS International Sector Dividend Dogs ETF) and DBAW (Xtrackers MSCI All World ex US Hedged Equity ETF) are both Foreign Large Cap Equities funds - IDOG tracks the S-Network International Sector Dividend Dogs Index while DBAW tracks the MSCI ACWI ex USA US Dollar Hedged Index. Both are passively managed. Over the past 10 years, IDOG returned 10.99%/yr vs 11.44%/yr for DBAW. A 0.75 correlation means they provide meaningful diversification when combined. IDOG charges 0.50%/yr vs 0.41%/yr for DBAW.

Performance

IDOG vs. DBAW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS International Sector Dividend Dogs ETF (IDOG) and Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDOG achieves a 14.02% return, which is significantly lower than DBAW's 16.12% return. Both investments have delivered pretty close results over the past 10 years, with IDOG having a 10.99% annualized return and DBAW not far ahead at 11.44%.

IDOG

• 1D: -0.47%
• 1M: 3.24%
• YTD: 14.02%
• 6M: 16.64%
• 1Y: 35.52%
• 3Y*: 21.96%
• 5Y*: 13.36%
• 10Y*: 10.99%

DBAW

• 1D: -0.51%
• 1M: 6.28%
• YTD: 16.12%
• 6M: 18.39%
• 1Y: 36.60%
• 3Y*: 21.15%
• 5Y*: 11.32%
• 10Y*: 11.44%

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

IDOG vs. DBAW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDOG ALPS International Sector Dividend Dogs ETF	14.02%	39.94%	1.35%	23.57%	-4.50%	11.33%	-1.78%	21.93%	-13.47%	25.61%
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF	16.12%	26.47%	14.35%	16.26%	-13.35%	13.08%	7.44%	22.96%	-10.38%	18.79%

Correlation

The correlation between IDOG and DBAW is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since Jan 28, 2014	0.75

The correlation between IDOG and DBAW shifts across timeframes, from 0.64 (1 year) to 0.78 (10 years), reflecting how their relationship changes across market environments.

IDOG vs. DBAW - Sectors Allocation Comparison

Sectors	IDOG	DBAW
Industrials	11.7%	15.0%
Financial Services	11.0%	24.1%
Energy	10.7%	5.3%
Utilities	10.0%	3.2%
Basic Materials	10.0%	6.8%
Communication Services	9.9%	5.0%
Consumer Cyclical	9.5%	7.9%
Consumer Defensive	9.4%	5.3%
Healthcare	9.3%	7.2%
Technology	8.5%	18.7%
Real Estate	-	1.5%

Return for Risk

IDOG vs. DBAW — Risk / Return Rank

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

IDOG

IDOG Risk / Return Rank: 83
IDOG Sharpe Ratio Rank: 82
IDOG Sortino Ratio Rank: 79
IDOG Omega Ratio Rank: 76
IDOG Calmar Ratio Rank: 90
IDOG Martin Ratio Rank: 88

DBAW

DBAW Risk / Return Rank: 84
DBAW Sharpe Ratio Rank: 86
DBAW Sortino Ratio Rank: 86
DBAW Omega Ratio Rank: 87
DBAW Calmar Ratio Rank: 79
DBAW Martin Ratio Rank: 83

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. DBAW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS International Sector Dividend Dogs ETF (IDOG) and Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW). 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.

	IDOG	DBAW	Difference
Sharpe ratio: Return per unit of total volatility	2.68	2.86	-0.17
Sortino ratio: Return per unit of downside risk	3.58	3.90	-0.32
Omega ratio: Gain probability vs. loss probability	1.46	1.55	-0.09
Calmar ratio: Return relative to maximum drawdown	5.51	4.09	+1.42
Martin ratio: Return relative to average drawdown	19.31	16.97	+2.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDOG vs. DBAW - Sharpe Ratio Comparison

The current IDOG Sharpe Ratio is 2.68, which is comparable to the DBAW Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of IDOG and DBAW, 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

	IDOG	DBAW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	2.86	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	0.83	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.75	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.63	-0.11

Drawdowns

IDOG vs. DBAW - Drawdown Comparison

The maximum IDOG drawdown since its inception was -37.32%, which is greater than DBAW's maximum drawdown of -31.44%. Use the drawdown chart below to compare losses from any high point for IDOG and DBAW.

Drawdown Indicators

	IDOG	DBAW	Difference
Max Drawdown Largest peak-to-trough decline	-37.32%	-31.44%	-5.88%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-9.00%	+2.53%
Max Drawdown (3Y) Largest decline over 3 years	-13.92%	-14.11%	+0.19%
Max Drawdown (5Y) Largest decline over 5 years	-25.31%	-17.87%	-7.44%
Max Drawdown (10Y) Largest decline over 10 years	-37.32%	-31.44%	-5.88%
Current Drawdown Current decline from peak	-0.47%	-0.51%	+0.04%
Average Drawdown Average peak-to-trough decline	-7.93%	-5.00%	-2.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	2.16%	-0.32%

Volatility

IDOG vs. DBAW - Volatility Comparison

The current volatility for ALPS International Sector Dividend Dogs ETF (IDOG) is 4.13%, while Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) has a volatility of 4.71%. This indicates that IDOG experiences smaller price fluctuations and is considered to be less risky than DBAW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDOG	DBAW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	4.71%	-0.58%
Volatility (6M) Calculated over the trailing 6-month period	10.09%	11.00%	-0.91%
Volatility (1Y) Calculated over the trailing 1-year period	13.33%	12.88%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.61%	13.74%	+1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.45%	15.28%	+2.17%

IDOG vs. DBAW - Expense Ratio Comparison

IDOG has a 0.50% expense ratio, which is higher than DBAW's 0.41% expense ratio.

Dividends

IDOG vs. DBAW - Dividend Comparison

IDOG's dividend yield for the trailing twelve months is around 3.42%, more than DBAW's 3.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF	3.29%	3.83%	1.70%	3.45%	8.81%	2.05%	2.08%	2.91%	2.93%	2.41%	1.99%	5.74%
IDOG ALPS International Sector Dividend Dogs ETF	3.42%	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 DBAW in my portfolio?

IDOG and DBAW have a correlation of 0.64, 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 DBAW?

DBAW has higher volatility (4.71%) compared to IDOG (4.13%). In terms of maximum drawdown, IDOG dropped -37.32% vs DBAW's -31.44%.

Which ETF is better, IDOG or DBAW?

On 10-year performance, DBAW leads with 11.44% vs 10.99% for IDOG. On fees, DBAW is cheaper at 0.41% per year. On volatility, IDOG has been the lower-risk option at 4.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDOG or DBAW?

Over the 10-year period, DBAW has performed better with a 11.44% return vs 10.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDOG or DBAW?

DBAW is cheaper with a 0.41% expense ratio, compared with 0.50% for IDOG.

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

IDOG has the higher dividend yield at 3.42%, compared with 3.29% for DBAW.

What is the main difference between IDOG and DBAW?

IDOG tracks S-Network International Sector Dividend Dogs Index, while DBAW tracks MSCI ACWI ex USA US Dollar Hedged Index. They also come from different issuers: SS&C and Deutsche Bank. Their fees differ too: 0.50% for IDOG and 0.41% for DBAW.

Which has better risk-adjusted returns?

DBAW currently has the higher Sharpe Ratio (2.86 vs 2.68), 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.