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SDOG vs. PWV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SDOG vs. PWV

Last updated Jun 4, 2026

SDOG (ALPS Sector Dividend Dogs ETF) and PWV (Invesco Dynamic Large Cap Value ETF) are both Large Cap Value Equities funds - SDOG tracks the S-Network Sector Dividend Dogs Index while PWV tracks the Dynamic Large Cap Value Intellidex Index (AMEX). Both are passively managed. Over the past 10 years, SDOG returned 9.59%/yr vs 11.81%/yr for PWV. Their correlation of 0.89 suggests significant overlap in exposure. SDOG charges 0.36%/yr vs 0.58%/yr for PWV.

Performance

SDOG vs. PWV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Sector Dividend Dogs ETF (SDOG) and Invesco Dynamic Large Cap Value ETF (PWV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SDOG achieves a 14.21% return, which is significantly higher than PWV's 12.10% return. Over the past 10 years, SDOG has underperformed PWV with an annualized return of 9.59%, while PWV has yielded a comparatively higher 11.81% annualized return.

SDOG

1D
-0.91%
1M
3.56%
YTD
14.21%
6M
15.85%
1Y
24.70%
3Y*
16.65%
5Y*
8.48%
10Y*
9.59%

PWV

1D
-0.14%
1M
2.43%
YTD
12.10%
6M
12.38%
1Y
25.33%
3Y*
20.79%
5Y*
12.50%
10Y*
11.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SDOG vs. PWV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SDOG
ALPS Sector Dividend Dogs ETF		14.21%11.12%14.70%4.19%-0.20%24.59%-0.35%24.02%-11.43%12.65%
PWV
Invesco Dynamic Large Cap Value ETF		12.10%19.65%14.48%10.36%-1.16%29.06%-3.77%29.84%-14.12%16.98%

Correlation

The correlation between SDOG and PWV is 0.81, 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

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.85

Correlation (5Y)
Calculated over the trailing 5-year period

0.88

Correlation (10Y)
Calculated over the trailing 10-year period

0.88

Correlation (All Time)
Calculated using the full available price history since Jul 2, 2012

0.89

The correlation between SDOG and PWV has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ALPS Sector Dividend Dogs ETF

Invesco Dynamic Large Cap Value ETF

Often compared with SDOG:
SDOG vs. SCHDSDOG vs. SPYSDOG vs. CDLSDOG vs. SDYSDOG vs. VOOSDOG vs. VIGSDOG vs. DIVO
Often compared with PWV:
PWV vs. VTVPWV vs. PBUSPWV vs. PVALPWV vs. CATPWV vs. MGVPWV vs. VTIPWV vs. VOO

Return for Risk

SDOG vs. PWV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SDOG
SDOG Risk / Return Rank: 6868
Overall Rank
SDOG Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
SDOG Sortino Ratio Rank: 7171
Sortino Ratio Rank
SDOG Omega Ratio Rank: 6161
Omega Ratio Rank
SDOG Calmar Ratio Rank: 7777
Calmar Ratio Rank
SDOG Martin Ratio Rank: 6969
Martin Ratio Rank
PWV
PWV Risk / Return Rank: 8686
Overall Rank
PWV Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
PWV Sortino Ratio Rank: 8686
Sortino Ratio Rank
PWV Omega Ratio Rank: 8080
Omega Ratio Rank
PWV Calmar Ratio Rank: 9292
Calmar Ratio Rank
PWV Martin Ratio Rank: 9090
Martin Ratio Rank
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. PWV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Sector Dividend Dogs ETF (SDOG) and Invesco Dynamic Large Cap Value ETF (PWV). 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.

SDOGPWVDifference

Sharpe ratio

Return per unit of total volatility

2.17

2.74

-0.56

Sortino ratio

Return per unit of downside risk

3.26

3.93

-0.67

Omega ratio

Gain probability vs. loss probability

1.38

1.48

-0.10

Calmar ratio

Return relative to maximum drawdown

3.98

6.28

-2.30

Martin ratio

Return relative to average drawdown

12.78

21.16

-8.38

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDOG vs. PWV - Sharpe Ratio Comparison

The current SDOG Sharpe Ratio is 2.17, which is comparable to the PWV Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of SDOG and PWV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SDOGPWVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.17

2.74

-0.56

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

0.88

-0.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

0.69

-0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.65

0.41

+0.24

Drawdowns

SDOG vs. PWV - Drawdown Comparison

The maximum SDOG drawdown since its inception was -43.56%, smaller than the maximum PWV drawdown of -49.04%. Use the drawdown chart below to compare losses from any high point for SDOG and PWV.

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Drawdown Indicators

SDOGPWVDifference

Max Drawdown

Largest peak-to-trough decline

-43.56%

-49.04%

+5.48%

Max Drawdown (1Y)

Largest decline over 1 year

-6.24%

-4.05%

-2.19%

Max Drawdown (3Y)

Largest decline over 3 years

-16.00%

-14.31%

-1.69%

Max Drawdown (5Y)

Largest decline over 5 years

-19.84%

-16.36%

-3.48%

Max Drawdown (10Y)

Largest decline over 10 years

-43.56%

-37.67%

-5.89%

Current Drawdown

Current decline from peak

-0.91%

-0.51%

-0.40%

Average Drawdown

Average peak-to-trough decline

-4.92%

-9.50%

+4.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.94%

1.20%

+0.74%

Volatility

SDOG vs. PWV - Volatility Comparison

ALPS Sector Dividend Dogs ETF (SDOG) has a higher volatility of 3.02% compared to Invesco Dynamic Large Cap Value ETF (PWV) at 2.35%. This indicates that SDOG's price experiences larger fluctuations and is considered to be riskier than PWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SDOGPWVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.02%

2.35%

+0.67%

Volatility (6M)

Calculated over the trailing 6-month period

7.93%

6.62%

+1.31%

Volatility (1Y)

Calculated over the trailing 1-year period

11.42%

9.31%

+2.11%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.42%

14.35%

+1.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.06%

17.16%

+1.90%

SDOG vs. PWV - Expense Ratio Comparison

SDOG has a 0.36% expense ratio, which is lower than PWV's 0.58% expense ratio.

Dividends

SDOG vs. PWV - Dividend Comparison

SDOG's dividend yield for the trailing twelve months is around 3.35%, more than PWV's 1.81% yield.

PositionTTM20252024202320222021202020192018201720162015
PWV
Invesco Dynamic Large Cap Value ETF		1.81%2.12%2.08%2.16%2.29%1.89%2.66%2.24%2.34%1.55%2.35%2.42%
SDOG
ALPS Sector Dividend Dogs ETF		3.35%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

SDOG and PWV have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SDOG has higher volatility (3.02%) compared to PWV (2.35%). In terms of maximum drawdown, SDOG dropped -43.56% vs PWV's -49.04%.

On 10-year performance, PWV leads with 11.81% vs 9.59% for SDOG. On fees, SDOG is cheaper at 0.36% per year. On volatility, PWV has been the lower-risk option at 2.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, PWV has performed better with a 11.81% return vs 9.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SDOG is cheaper with a 0.36% expense ratio, compared with 0.58% for PWV.

SDOG has the higher dividend yield at 3.35%, compared with 1.81% for PWV.

SDOG tracks S-Network Sector Dividend Dogs Index, while PWV tracks Dynamic Large Cap Value Intellidex Index (AMEX). They also come from different issuers: SS&C and Invesco. Their fees differ too: 0.36% for SDOG and 0.58% for PWV.

PWV currently has the higher Sharpe Ratio (2.74 vs 2.17), 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.

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