IDOG vs. PATN

Last updated Jun 4, 2026

IDOG (ALPS International Sector Dividend Dogs ETF) and PATN (Pacer Nasdaq International Patent Leaders ETF) are both Foreign Large Cap Equities funds - IDOG tracks the S-Network International Sector Dividend Dogs Index while PATN tracks the Nasdaq International Patent Leaders Index. Both are passively managed. Over the past year, IDOG returned 35.52% vs 73.16% for PATN. A 0.67 correlation means they provide meaningful diversification when combined. IDOG charges 0.50%/yr vs 0.65%/yr for PATN.

Performance

IDOG vs. PATN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS International Sector Dividend Dogs ETF (IDOG) and Pacer Nasdaq International Patent Leaders ETF (PATN). 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 PATN's 40.52% return.

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%

PATN

• 1D: -0.39%
• 1M: 16.77%
• YTD: 40.52%
• 6M: 44.04%
• 1Y: 73.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDOG vs. PATN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IDOG ALPS International Sector Dividend Dogs ETF	14.02%	39.94%	-6.31%
PATN Pacer Nasdaq International Patent Leaders ETF	40.52%	40.01%	-1.73%

Correlation

The correlation between IDOG and PATN 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 (1Y) Calculated over the trailing 1-year period	0.63
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024	0.67

The correlation between IDOG and PATN has been stable across timeframes, ranging from 0.63 to 0.67 - a consistent structural relationship.

IDOG vs. PATN - Sectors Allocation Comparison

Sectors	IDOG	PATN
Industrials	11.7%	16.4%
Financial Services	11.0%	0.8%
Energy	10.7%	2.1%
Utilities	10.0%	-
Basic Materials	10.0%	2.9%
Communication Services	9.9%	8.4%
Consumer Cyclical	9.5%	9.0%
Consumer Defensive	9.4%	6.3%
Healthcare	9.3%	12.5%
Technology	8.5%	41.1%
Real Estate	-	-

Return for Risk

IDOG vs. PATN — 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

PATN

PATN Risk / Return Rank: 91
PATN Sharpe Ratio Rank: 93
PATN Sortino Ratio Rank: 91
PATN Omega Ratio Rank: 91
PATN Calmar Ratio Rank: 88
PATN Martin Ratio Rank: 90

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. PATN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS International Sector Dividend Dogs ETF (IDOG) and Pacer Nasdaq International Patent Leaders ETF (PATN). 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	PATN	Difference
Sharpe ratio Return per unit of total volatility	2.68	3.47	-0.79
Sortino ratio Return per unit of downside risk	3.58	4.35	-0.77
Omega ratio Gain probability vs. loss probability	1.46	1.60	-0.15
Calmar ratio Return relative to maximum drawdown	5.51	5.11	+0.40
Martin ratio Return relative to average drawdown	19.31	20.70	-1.39
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. PATN - Sharpe Ratio Comparison

The current IDOG Sharpe Ratio is 2.68, which is comparable to the PATN Sharpe Ratio of 3.47. The chart below compares the historical Sharpe Ratios of IDOG and PATN, 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	PATN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	3.47	-0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.86	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	2.28	-1.76

Drawdowns

IDOG vs. PATN - Drawdown Comparison

The maximum IDOG drawdown since its inception was -37.32%, which is greater than PATN's maximum drawdown of -16.77%. Use the drawdown chart below to compare losses from any high point for IDOG and PATN.

Drawdown Indicators

	IDOG	PATN	Difference
Max Drawdown Largest peak-to-trough decline	-37.32%	-16.77%	-20.55%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-14.40%	+7.93%
Max Drawdown (3Y) Largest decline over 3 years	-13.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-37.32%	—	—
Current Drawdown Current decline from peak	-0.47%	-0.39%	-0.08%
Average Drawdown Average peak-to-trough decline	-7.93%	-3.15%	-4.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	3.55%	-1.71%

Volatility

IDOG vs. PATN - Volatility Comparison

The current volatility for ALPS International Sector Dividend Dogs ETF (IDOG) is 4.13%, while Pacer Nasdaq International Patent Leaders ETF (PATN) has a volatility of 8.84%. This indicates that IDOG experiences smaller price fluctuations and is considered to be less risky than PATN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IDOG	PATN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	8.84%	-4.71%
Volatility (6M) Calculated over the trailing 6-month period	10.09%	18.16%	-8.07%
Volatility (1Y) Calculated over the trailing 1-year period	13.33%	21.18%	-7.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.61%	20.85%	-5.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.45%	20.85%	-3.40%

IDOG vs. PATN - Expense Ratio Comparison

IDOG has a 0.50% expense ratio, which is lower than PATN's 0.65% expense ratio.

Dividends

IDOG vs. PATN - Dividend Comparison

IDOG's dividend yield for the trailing twelve months is around 3.42%, more than PATN's 1.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
PATN Pacer Nasdaq International Patent Leaders ETF	1.60%	2.25%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDOG and PATN in my portfolio?

IDOG and PATN 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 is riskier, IDOG or PATN?

PATN has higher volatility (8.84%) compared to IDOG (4.13%). In terms of maximum drawdown, IDOG dropped -37.32% vs PATN's -16.77%.

Which ETF is better, IDOG or PATN?

On 1-year performance, PATN leads with 73.16% vs 35.52% for IDOG. On fees, IDOG is cheaper at 0.50% 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 PATN?

Over the 1-year period, PATN has performed better with a 73.16% return vs 35.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDOG or PATN?

IDOG is cheaper with a 0.50% expense ratio, compared with 0.65% for PATN.

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

IDOG has the higher dividend yield at 3.42%, compared with 1.60% for PATN.

What is the main difference between IDOG and PATN?

IDOG tracks S-Network International Sector Dividend Dogs Index, while PATN tracks Nasdaq International Patent Leaders Index. They also come from different issuers: SS&C and Pacer. Their fees differ too: 0.50% for IDOG and 0.65% for PATN.

Which has better risk-adjusted returns?

PATN currently has the higher Sharpe Ratio (3.47 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.