SDOG vs. GABF

Last updated Jun 13, 2026

SDOG (ALPS Sector Dividend Dogs ETF) and GABF (Gabelli Financial Services Opportunities ETF) are both exchange-traded funds - SDOG is a Large Cap Value Equities fund tracking the S-Network Sector Dividend Dogs Index, while GABF is a Financials Equities fund actively managed by Gabelli. SDOG is passively managed, while GABF is actively managed. Over the past 3 years, SDOG returned 16.38%/yr vs 20.81%/yr for GABF. A 0.71 correlation means they provide meaningful diversification when combined. SDOG charges 0.36%/yr vs 0.10%/yr for GABF.

Performance

SDOG vs. GABF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Sector Dividend Dogs ETF (SDOG) and Gabelli Financial Services Opportunities ETF (GABF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDOG achieves a 17.13% return, which is significantly higher than GABF's -3.61% return.

SDOG

• 1D: 1.26%
• 1M: 5.93%
• YTD: 17.13%
• 6M: 16.28%
• 1Y: 26.36%
• 3Y*: 16.38%
• 5Y*: 9.08%
• 10Y*: 9.99%

GABF

• 1D: 0.99%
• 1M: 2.96%
• YTD: -3.61%
• 6M: -4.39%
• 1Y: -0.71%
• 3Y*: 20.81%
• 5Y*: —
• 10Y*: —

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

SDOG vs. GABF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SDOG ALPS Sector Dividend Dogs ETF	17.13%	11.12%	14.70%	4.19%	-3.52%
GABF Gabelli Financial Services Opportunities ETF	-3.61%	3.60%	44.38%	38.92%	-0.04%

Correlation

The correlation between SDOG and GABF is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since May 10, 2022	0.71

The correlation between SDOG and GABF shifts across timeframes, from 0.60 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

SDOG vs. GABF - Sectors Allocation Comparison

Sectors	SDOG	GABF
Consumer Cyclical	15.0%	-
Technology	14.1%	4.9%
Financial Services	11.0%	84.6%
Energy	9.9%	-
Consumer Defensive	9.8%	-
Healthcare	9.7%	-
Utilities	9.4%	-
Communication Services	9.0%	-
Industrials	8.0%	4.6%
Basic Materials	4.1%	-
Real Estate	-	6.0%

Return for Risk

SDOG vs. GABF — Risk / Return Rank

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

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

GABF

GABF Risk / Return Rank: 9
GABF Sharpe Ratio Rank: 9
GABF Sortino Ratio Rank: 9
GABF Omega Ratio Rank: 9
GABF Calmar Ratio Rank: 9
GABF Martin Ratio Rank: 9

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.

SDOG vs. GABF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Sector Dividend Dogs ETF (SDOG) and Gabelli Financial Services Opportunities ETF (GABF). 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.

	SDOG	GABF	Difference
Sharpe ratio: Return per unit of total volatility	2.30	-0.04	+2.34
Sortino ratio: Return per unit of downside risk	3.45	0.06	+3.38
Omega ratio: Gain probability vs. loss probability	1.40	1.01	+0.39
Calmar ratio: Return relative to maximum drawdown	4.25	-0.04	+4.29
Martin ratio: Return relative to average drawdown	13.63	-0.10	+13.72

SDOG vs. GABF - Sharpe Ratio Comparison

The current SDOG Sharpe Ratio is 2.30, which is higher than the GABF Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of SDOG and GABF, 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

SDOG vs. GABF - Drawdown Comparison

The maximum SDOG drawdown since its inception was -43.56%, which is greater than GABF's maximum drawdown of -20.86%. Use the drawdown chart below to compare losses from any high point for SDOG and GABF.

Drawdown Indicators

	SDOG	GABF	Difference
Max Drawdown Largest peak-to-trough decline	-43.56%	-20.86%	-22.70%
Max Drawdown (1Y) Largest decline over 1 year	-6.24%	-17.16%	+10.92%
Max Drawdown (3Y) Largest decline over 3 years	-16.00%	-20.86%	+4.86%
Max Drawdown (5Y) Largest decline over 5 years	-19.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.56%	—	—
Current Drawdown Current decline from peak	0.00%	-8.35%	+8.35%
Average Drawdown Average peak-to-trough decline	-4.91%	-4.88%	-0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	7.44%	-5.50%

Volatility

SDOG vs. GABF - Volatility Comparison

The current volatility for ALPS Sector Dividend Dogs ETF (SDOG) is 3.34%, while Gabelli Financial Services Opportunities ETF (GABF) has a volatility of 4.81%. This indicates that SDOG experiences smaller price fluctuations and is considered to be less risky than GABF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDOG	GABF	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	4.81%	-1.47%
Volatility (6M) Calculated over the trailing 6-month period	8.02%	13.27%	-5.25%
Volatility (1Y) Calculated over the trailing 1-year period	11.52%	17.57%	-6.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	20.52%	-5.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.06%	20.52%	-1.46%

SDOG vs. GABF - Expense Ratio Comparison

SDOG has a 0.36% expense ratio, which is higher than GABF's 0.10% expense ratio.

Dividends

SDOG vs. GABF - Dividend Comparison

SDOG's dividend yield for the trailing twelve months is around 3.26%, more than GABF's 2.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GABF Gabelli Financial Services Opportunities ETF	2.04%	1.96%	4.19%	4.95%	1.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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 SDOG and GABF in my portfolio?

SDOG and GABF have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDOG or GABF?

GABF has higher volatility (4.81%) compared to SDOG (3.34%). In terms of maximum drawdown, SDOG dropped -43.56% vs GABF's -20.86%.

Which ETF is better, SDOG or GABF?

On 3-year performance, GABF leads with 20.81% vs 16.38% for SDOG. On fees, GABF is cheaper at 0.10% 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, SDOG or GABF?

Over the 3-year period, GABF has performed better with a 20.81% return vs 16.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDOG or GABF?

GABF is cheaper with a 0.10% expense ratio, compared with 0.36% for SDOG.

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

SDOG has the higher dividend yield at 3.26%, compared with 2.04% for GABF.

What is the main difference between SDOG and GABF?

SDOG is categorized as Large Cap Value Equities, while GABF is Financials Equities. They also come from different issuers: SS&C and Gabelli. Their fees differ too: 0.36% for SDOG and 0.10% for GABF.

Which has better risk-adjusted returns?

SDOG currently has the higher Sharpe Ratio (2.30 vs -0.04), 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.