“Both a backward-looking performance review and a forward-looking fundamental analysis of the underlying constituents suggest that, like its domestically-focused counterpart, the International Sector Dividend Dogs Index is worthy of investors’ consideration,” said AltaVista.
Although IDOG’s holdings are not particularly high yielding, the ETF’s underlying index yield is noticeably higher than the MSCI EAFE Index. Since coming to market, IDOG has outpaced traditional EAFE index ETFs by considerable margins.
“The hybrid strategy followed by the International Sector Dividend Dogs index
overcomes the drawbacks of these other two strategies by combining yield-based security selection with an equal sector weight overlay. The result is a well-diversified index with potentially enhanced yield and value characteristics. Such diversification is critical with income-oriented investments since high yields can be a sign of distress, the consequences of which proved devastating during the financial crisis of 2008-09,” added AltaVista.
IDOG Country Allocations
Courtesy: ALPS