The fund’s relative underweight to the information technology sector and overweight to the cyclical energy and materials sectors have furthered its two-year, one-year, and year-to-date outperformance over the S&P 500, tracked by the SPDR S&P 500 ETF Trust (SPY). The ALPS Sector Dividend Dogs ETF (SDOG) has outperformed the S&P 500 Index by over 1600 basis points year to date. SDOG is a deep-value portfolio of high-yielding large-cap stocks, which continues to be in favor as inflation remains elevated, resulting in cyclical sectors with pricing power maintaining their leadership.