Like a lot of dividend ETF investors, I'm a big fan of the PowerShares S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD). Its strategy of targeting companies paying the highest yields but also exhibiting the lowest risk characteristics has earned it a 5-star Morningstar rating and the admiration of conservative income seekers everywhere. The ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) is another popular fund that similarly targets high yielders. While it doesn't use the same low volatility strategy, the dividend dog group tends to be filled with unloved, lower-growth companies that generally produces a similar value-oriented portfolio.
I get questions all the time from folks looking to compare two funds side by side. I haven't spent a great deal of time looking into SDOG but given the significant investor interest in high yield equity ETFs lately, it seems like an appropriate time to take a deeper dive. Since both funds are solid in their own right, come highly rated, target high dividend yields and, in theory, generate value-style portfolios, it seemed like a good time to match them up and see which one might be the better alternative.
Click the button below to read the rest of this original article on Seeking Alpha.
If you enjoyed reading this article, please be sure to share it below and subscribe to the site so that you don't miss any updates or new stuff! As always, thank you for taking the time to read!
