As highlighted by a yield of 3.19%, SDOG fits the bill as a high dividend strategy, but that doesn't mean it will be vulnerable to Fed tightening. Actually, some market observers believe that dividend stocks could prove resilient as rates rise, and that could be constructive for ETFs such as the ALPS Sector Dividend Dogs ETF (SDOG). “So, then, we're looking for inflation to drop all the way down to 1.4% before going back to more like a normalized kind of 2.2%, 2.3% long-term inflationary run rate.” Inflation is meaningful with regards to SDOG for another reason.