The Fund Grade · free · no account needed

What grade does SDOG get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

A

Fundprints Fund Grade · as of 2026-10-01

ALPS Sector Dividend Dogs ETF

#34 of 500 graded active funds · value · mid segment peer group

The point · specialist footprint

SDOG puts less of its book behind proven specialists than 61% of graded funds.

Bottom 20%

● Bottom 40%

Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.

10,000+ funds tracked · the graded specialists among them drive every read

You pay 0.36% a year for a A.

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

SDOG vs the Honor Roll · share card ↗

Conviction exposure

19.4%

of the book in specialist-converged names

Late-stage weight

27.3%

of the book in Crowded or Fading names

Active share

95.8%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-20

Early Conviction
OKE 1.9%ACN 1.8%GPC 1.8%+1 locked
Consensus
HPE 3.8%TXN 3%HPQ 2.7%+26 locked
Emerging
MCHP 2.9%UPS 2.1%PRU 2.1%+1 locked
Crowded
SNA 1.9%TMUS 1.6%
Fading
KEY 2.1%TFC 2.1%KHC 2%+5 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

SDOG earns an A grade and ranks 34 out of 500 graded funds, with specialists building early positions in UPS, PRU, and USB. The 0.36% fee is reasonable for that quality, though five holdings including CVS, MO, and TFC show specialists already leaving. Worth watching closely.

→ Monitor the combined 10.4% weight in Fading and Crowded positions, particularly CVS and MO, for further specialist exit signals.

→ Note early specialist conviction in UPS, PRU, and USB as the clearest evidence supporting the fund's current A grade.

Support leaving these positions

KEY 2.1% of the fund · Fading

TFC 2.1% of the fund · Fading

KHC 2% of the fund · Fading

SNA 1.9% of the fund · Crowded

WSO 1.9% of the fund · Fading

Where it's genuinely early

MCHP 2.9% of the fund · Emerging

UPS 2.1% of the fund · Emerging

PRU 2.1% of the fund · Emerging

Read from today's disclosed book. Evidence, not advice.

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