RDIV vs. SDOG

Last updated Jun 14, 2026

RDIV (Invesco S&P Ultra Dividend Revenue ETF) and SDOG (ALPS Sector Dividend Dogs ETF) are both exchange-traded funds - RDIV is a Mid Cap Value Equities fund tracking the S&P 900 Dividend Revenue-Weighted Index, while SDOG is a Large Cap Value Equities fund tracking the S-Network Sector Dividend Dogs Index. Both are passively managed. Over the past 10 years, RDIV returned 11.39%/yr vs 9.99%/yr for SDOG. Their correlation of 0.90 suggests significant overlap in exposure. RDIV charges 0.39%/yr vs 0.36%/yr for SDOG.

Performance

RDIV vs. SDOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P Ultra Dividend Revenue ETF (RDIV) and ALPS Sector Dividend Dogs ETF (SDOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with RDIV having a 16.75% return and SDOG slightly higher at 17.13%. Over the past 10 years, RDIV has outperformed SDOG with an annualized return of 11.39%, while SDOG has yielded a comparatively lower 9.99% annualized return.

RDIV

• 1D: 1.52%
• 1M: 6.52%
• YTD: 16.75%
• 6M: 14.41%
• 1Y: 32.09%
• 3Y*: 19.66%
• 5Y*: 11.12%
• 10Y*: 11.39%

SDOG

• 1D: 1.26%
• 1M: 5.43%
• YTD: 17.13%
• 6M: 16.28%
• 1Y: 27.16%
• 3Y*: 16.38%
• 5Y*: 9.08%
• 10Y*: 9.99%

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

RDIV vs. SDOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RDIV Invesco S&P Ultra Dividend Revenue ETF	16.75%	12.36%	15.17%	4.66%	7.16%	29.12%	-9.31%	22.62%	-4.78%	11.63%
SDOG ALPS Sector Dividend Dogs ETF	17.13%	11.12%	14.70%	4.19%	-0.20%	24.59%	-0.35%	24.02%	-11.43%	12.65%

Correlation

The correlation between RDIV and SDOG is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Oct 1, 2013	0.90

The correlation between RDIV and SDOG has been stable across timeframes, ranging from 0.86 to 0.93 - a consistent structural relationship.

RDIV vs. SDOG - Sectors Allocation Comparison

Sectors	RDIV	SDOG
Financial Services	17.8%	10.6%
Energy	17.3%	9.1%
Consumer Cyclical	15.0%	16.3%
Consumer Defensive	14.6%	9.5%
Communication Services	8.8%	8.4%
Real Estate	7.3%	-
Healthcare	6.8%	9.8%
Technology	6.2%	16.2%
Utilities	6.2%	9.2%
Basic Materials	0.5%	3.5%
Industrials	-	7.5%

Return for Risk

RDIV vs. SDOG — Risk / Return Rank

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

RDIV

RDIV Risk / Return Rank: 87
RDIV Sharpe Ratio Rank: 83
RDIV Sortino Ratio Rank: 87
RDIV Omega Ratio Rank: 79
RDIV Calmar Ratio Rank: 94
RDIV Martin Ratio Rank: 91

SDOG

SDOG Risk / Return Rank: 83
SDOG Sharpe Ratio Rank: 83
SDOG Sortino Ratio Rank: 87
SDOG Omega Ratio Rank: 78
SDOG Calmar Ratio Rank: 86
SDOG Martin Ratio Rank: 80

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.

RDIV vs. SDOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P Ultra Dividend Revenue ETF (RDIV) and ALPS Sector Dividend Dogs ETF (SDOG). 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.

	RDIV	SDOG	Difference
Sharpe ratio: Return per unit of total volatility	2.31	2.30	+0.01
Sortino ratio: Return per unit of downside risk	3.42	3.45	-0.03
Omega ratio: Gain probability vs. loss probability	1.40	1.40	0.00
Calmar ratio: Return relative to maximum drawdown	6.30	4.25	+2.05
Martin ratio: Return relative to average drawdown	18.74	13.63	+5.11

RDIV vs. SDOG - Sharpe Ratio Comparison

The current RDIV Sharpe Ratio is 2.31, which is comparable to the SDOG Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of RDIV and SDOG, 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

RDIV vs. SDOG - Drawdown Comparison

The maximum RDIV drawdown since its inception was -49.97%, which is greater than SDOG's maximum drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for RDIV and SDOG.

Drawdown Indicators

	RDIV	SDOG	Difference
Max Drawdown Largest peak-to-trough decline	-49.97%	-43.56%	-6.41%
Max Drawdown (1Y) Largest decline over 1 year	-4.84%	-6.24%	+1.40%
Max Drawdown (3Y) Largest decline over 3 years	-17.91%	-16.00%	-1.91%
Max Drawdown (5Y) Largest decline over 5 years	-24.89%	-19.84%	-5.05%
Max Drawdown (10Y) Largest decline over 10 years	-49.97%	-43.56%	-6.41%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.85%	-4.91%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	1.94%	-0.30%

Volatility

RDIV vs. SDOG - Volatility Comparison

Invesco S&P Ultra Dividend Revenue ETF (RDIV) has a higher volatility of 3.52% compared to ALPS Sector Dividend Dogs ETF (SDOG) at 3.34%. This indicates that RDIV's price experiences larger fluctuations and is considered to be riskier than SDOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDIV	SDOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.52%	3.34%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	8.64%	8.02%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	13.19%	11.52%	+1.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.55%	15.44%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.88%	19.06%	+2.82%

RDIV vs. SDOG - Expense Ratio Comparison

RDIV has a 0.39% expense ratio, which is higher than SDOG's 0.36% expense ratio.

Dividends

RDIV vs. SDOG - Dividend Comparison

RDIV's dividend yield for the trailing twelve months is around 3.51%, more than SDOG's 3.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RDIV Invesco S&P Ultra Dividend Revenue ETF	3.51%	3.94%	4.08%	3.93%	3.44%	3.31%	4.93%	3.84%	4.32%	4.26%	2.20%	4.49%
SDOG ALPS Sector Dividend Dogs ETF	3.26%	3.68%	3.86%	4.29%	3.87%	3.62%	3.63%	3.37%	4.03%	3.27%	3.32%	3.61%

Frequently Asked Questions

Can I hold both RDIV and SDOG in my portfolio?

RDIV and SDOG have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDIV or SDOG?

RDIV has higher volatility (3.52%) compared to SDOG (3.34%). In terms of maximum drawdown, RDIV dropped -49.97% vs SDOG's -43.56%.

Which ETF is better, RDIV or SDOG?

On 10-year performance, RDIV leads with 11.39% vs 9.99% for SDOG. On fees, SDOG is cheaper at 0.36% per year. On volatility, SDOG has been the lower-risk option at 3.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDIV or SDOG?

Over the 10-year period, RDIV has performed better with a 11.39% return vs 9.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDIV or SDOG?

SDOG is cheaper with a 0.36% expense ratio, compared with 0.39% for RDIV.

Which ETF pays a higher dividend yield, RDIV or SDOG?

RDIV has the higher dividend yield at 3.51%, compared with 3.26% for SDOG.

What is the main difference between RDIV and SDOG?

RDIV is categorized as Mid Cap Value Equities, while SDOG is Large Cap Value Equities. RDIV tracks S&P 900 Dividend Revenue-Weighted Index, while SDOG tracks S-Network Sector Dividend Dogs Index. They also come from different issuers: Invesco and SS&C. Their fees differ too: 0.39% for RDIV and 0.36% for SDOG.

Which has better risk-adjusted returns?

RDIV currently has the higher Sharpe Ratio (2.31 vs 2.30), 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.