HomeMost PopularDive Into International Markets Through the IDOG ETF

Dive Into International Markets Through the IDOG ETF

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Global Economy Gains Traction

As international markets gather momentum, the recent economic indicators from the United Kingdom and France signal positive growth trajectories. The S&P Global Composite Purchasing Managers’ Index portends the UK’s exit from recession, while France witnessed a modest 2.3% increase in consumer prices year over year in March.

The British market responded with a rally following the promising data, offering a glimpse into the potential upswing for savvy traders and investors looking to broaden their horizons.

Exploring IDOG’s Strategy

For those seeking exposure to a diverse range of countries, the ALPS International Sector Dividend Dogs ETF (IDOG) stands out as a compelling option. With a net expense ratio of 0.50%, IDOG leverages the β€œDogs of the Dow” strategy to sift through the S-Network Developed International Equity 1000 Index and cherry-pick high-yielding international securities.

By scanning all 10 market sectors, IDOG identifies the top five dividend-yielding securities in each category. These selections are equally weighted, offering investors a well-balanced portfolio with global market exposure.

Riding the Momentum Wave

Despite the fund’s global reach, the United Kingdom and France hold significant weight in IDOG’s portfolio, accounting for nearly a quarter of the assets. With both countries experiencing economic acceleration, IDOG presents a lucrative opportunity for investors to ride the momentum while also accessing multiple international markets.

Boasting impressive returns, IDOG posted a one-month return of 2.99% and a stellar 12.76% gain over the past year. The fund has witnessed over $20 million in net flows in the last three months, contributing to an impressive Asset Under Management (AUM) of $269.4 million.

ALPS, the ETF provider, hosts a robust lineup of 19 funds in the US, collectively managing over $4.6 billion in assets. VettaFi LLC serves as the index provider for IDOG, receiving an index licensing fee without assuming any responsibility or liability for the ETF’s issuance, marketing, or trading.

For more insights and strategic analysis, head to the ETF Building Blocks Channel.

Read further on ETFTrends.com.

Disclaimer: The opinions expressed herein are solely those of the author and do not represent the viewpoints of Nasdaq, Inc.

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