ALPS Sector Dividend Dogs ETF (SDOG) — Stock Correlations & Overview
Over the past year, SDOG has moved most closely with ONEY, SPDV, FTA. Explore the stocks most correlated and inversely correlated with SDOG below, along with its price, financials, and company profile.
Stocks correlated with SDOG
Correlation of daily returns. Higher positive values move with SDOG; negative values move opposite it. Informational only, not investment advice.
Most correlated with SDOG
| Symbol | Company | Correlation |
|---|---|---|
| ONEY | State Street SPDR Russell 1000 Yield Focus ETF | 0.89 |
| SPDV | AAM S&P 500 High Dividend Value ETF | 0.89 |
| FTA | First Trust Large Cap Value AlphaDEX Fund (based on the Defined Large Cap Value Index--symbol DEFILVOI) | 0.89 |
| DVY | iShares Select Dividend ETF | 0.88 |
| SPYD | State Street SPDR Portfolio S&P 500 High Dividend ETF | 0.88 |
Frequently asked questions about SDOG correlations
- Which stocks are most correlated with SDOG?
- Based on one year of daily returns, the stocks most correlated with ALPS Sector Dividend Dogs ETF (SDOG) are ONEY (0.89), SPDV (0.89) and FTA (0.89). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with SDOG?
- Over the past year, the stocks most inversely correlated with ALPS Sector Dividend Dogs ETF (SDOG) are SMN (-0.66), EMTY (-0.62) and DRV (-0.61). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these SDOG correlations calculated?
- We compute the correlation of daily returns between SDOG and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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