RDOG vs. EDOG

Last updated Jun 4, 2026

RDOG (ALPS REIT Dividend Dogs ETF) and EDOG (ALPS Emerging Sector Dividend Dogs ETF) are both exchange-traded funds - RDOG is a REIT fund tracking the S-Network REIT Dividend Dogs Index, while EDOG is a Emerging Markets Equities fund tracking the S-Network Emerging Sector Dividend Dogs Index. Both are passively managed. Over the past 10 years, RDOG returned 4.05%/yr vs 6.26%/yr for EDOG. At a 0.45 correlation, their price movements are largely independent. RDOG charges 0.35%/yr vs 0.60%/yr for EDOG.

Performance

RDOG vs. EDOG - Performance Comparison

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

Returns By Period

In the year-to-date period, RDOG achieves a 13.77% return, which is significantly higher than EDOG's 2.43% return. Over the past 10 years, RDOG has underperformed EDOG with an annualized return of 4.05%, while EDOG has yielded a comparatively higher 6.26% annualized return.

RDOG

• 1D: -0.80%
• 1M: 3.92%
• YTD: 13.77%
• 6M: 14.44%
• 1Y: 20.06%
• 3Y*: 11.40%
• 5Y*: 2.28%
• 10Y*: 4.05%

EDOG

• 1D: -1.83%
• 1M: -1.08%
• YTD: 2.43%
• 6M: 3.44%
• 1Y: 16.67%
• 3Y*: 11.09%
• 5Y*: 4.71%
• 10Y*: 6.26%

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

RDOG vs. EDOG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RDOG ALPS REIT Dividend Dogs ETF	13.77%	0.95%	4.57%	10.38%	-25.53%	34.42%	-10.01%	21.54%	-5.70%	11.84%
EDOG ALPS Emerging Sector Dividend Dogs ETF	2.43%	22.59%	1.70%	11.58%	-10.50%	11.71%	7.99%	13.26%	-16.52%	20.42%

Correlation

The correlation between RDOG and EDOG is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.46
Correlation (All Time) Calculated using the full available price history since Mar 31, 2014	0.45

The correlation between RDOG and EDOG shifts across timeframes, from 0.33 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.

RDOG vs. EDOG - Sectors Allocation Comparison

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

Return for Risk

RDOG vs. EDOG — Risk / Return Rank

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

RDOG

RDOG Risk / Return Rank: 39
RDOG Sharpe Ratio Rank: 39
RDOG Sortino Ratio Rank: 39
RDOG Omega Ratio Rank: 36
RDOG Calmar Ratio Rank: 41
RDOG Martin Ratio Rank: 41

EDOG

EDOG Risk / Return Rank: 31
EDOG Sharpe Ratio Rank: 29
EDOG Sortino Ratio Rank: 28
EDOG Omega Ratio Rank: 30
EDOG Calmar Ratio Rank: 38
EDOG Martin Ratio Rank: 32

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.

RDOG vs. EDOG - Risk-Adjusted Trends Comparison

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

	RDOG	EDOG	Difference
Sharpe ratio: Return per unit of total volatility	1.39	1.05	+0.34
Sortino ratio: Return per unit of downside risk	2.03	1.51	+0.52
Omega ratio: Gain probability vs. loss probability	1.24	1.21	+0.03
Calmar ratio: Return relative to maximum drawdown	2.01	1.88	+0.13
Martin ratio: Return relative to average drawdown	6.51	4.78	+1.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RDOG vs. EDOG - Sharpe Ratio Comparison

The current RDOG Sharpe Ratio is 1.39, which is higher than the EDOG Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of RDOG and EDOG, 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

	RDOG	EDOG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	1.05	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.31	-0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.36	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	0.24	-0.07

Drawdowns

RDOG vs. EDOG - Drawdown Comparison

The maximum RDOG drawdown since its inception was -67.59%, which is greater than EDOG's maximum drawdown of -44.29%. Use the drawdown chart below to compare losses from any high point for RDOG and EDOG.

Drawdown Indicators

	RDOG	EDOG	Difference
Max Drawdown Largest peak-to-trough decline	-67.59%	-44.29%	-23.30%
Max Drawdown (1Y) Largest decline over 1 year	-10.02%	-8.92%	-1.10%
Max Drawdown (3Y) Largest decline over 3 years	-21.40%	-15.29%	-6.11%
Max Drawdown (5Y) Largest decline over 5 years	-35.52%	-26.54%	-8.98%
Max Drawdown (10Y) Largest decline over 10 years	-49.35%	-44.29%	-5.06%
Current Drawdown Current decline from peak	-2.03%	-8.84%	+6.81%
Average Drawdown Average peak-to-trough decline	-12.26%	-11.22%	-1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	3.49%	-0.40%

Volatility

RDOG vs. EDOG - Volatility Comparison

The current volatility for ALPS REIT Dividend Dogs ETF (RDOG) is 3.98%, while ALPS Emerging Sector Dividend Dogs ETF (EDOG) has a volatility of 4.39%. This indicates that RDOG experiences smaller price fluctuations and is considered to be less risky than EDOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RDOG	EDOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	4.39%	-0.41%
Volatility (6M) Calculated over the trailing 6-month period	10.42%	14.00%	-3.58%
Volatility (1Y) Calculated over the trailing 1-year period	14.52%	15.92%	-1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.84%	15.38%	+4.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.05%	17.60%	+5.45%

RDOG vs. EDOG - Expense Ratio Comparison

RDOG has a 0.35% expense ratio, which is lower than EDOG's 0.60% expense ratio.

Dividends

RDOG vs. EDOG - Dividend Comparison

RDOG's dividend yield for the trailing twelve months is around 6.13%, more than EDOG's 4.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDOG ALPS Emerging Sector Dividend Dogs ETF	4.88%	4.50%	6.55%	6.53%	5.07%	4.11%	2.60%	4.93%	5.37%	2.89%	2.97%	4.55%
RDOG ALPS REIT Dividend Dogs ETF	6.13%	6.91%	6.11%	7.07%	5.25%	3.11%	5.12%	3.10%	3.13%	3.64%	3.66%	3.43%

Frequently Asked Questions

Can I hold both RDOG and EDOG in my portfolio?

RDOG and EDOG have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RDOG or EDOG?

EDOG has higher volatility (4.39%) compared to RDOG (3.98%). In terms of maximum drawdown, RDOG dropped -67.59% vs EDOG's -44.29%.

Which ETF is better, RDOG or EDOG?

On 10-year performance, EDOG leads with 6.26% vs 4.05% for RDOG. On fees, RDOG is cheaper at 0.35% per year. On volatility, RDOG has been the lower-risk option at 3.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, RDOG or EDOG?

Over the 10-year period, EDOG has performed better with a 6.26% return vs 4.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RDOG or EDOG?

RDOG is cheaper with a 0.35% expense ratio, compared with 0.60% for EDOG.

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

RDOG has the higher dividend yield at 6.13%, compared with 4.88% for EDOG.

What is the main difference between RDOG and EDOG?

RDOG is categorized as REIT, while EDOG is Emerging Markets Equities. RDOG tracks S-Network REIT Dividend Dogs Index, while EDOG tracks S-Network Emerging Sector Dividend Dogs Index. Their fees differ too: 0.35% for RDOG and 0.60% for EDOG.

Which has better risk-adjusted returns?

RDOG currently has the higher Sharpe Ratio (1.39 vs 1.05), 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.