Skip to Content
ETFs

FT Cboe Vest DJIA Dogs 10 Target Income ETF

DOGG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 26 2023
Expense Ratio
0.75%
Type
US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$108,312
AUM
$7,800,039
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
U.S. Treasury Bill 0% due 01/25/2024
46.79%
AMGN
AMGEN Inc.
7.92%
CSCO
Cisco Systems, Inc.
7.15%
IBM
International Business Machines Corp.
7.07%
CVX
Chevron Corp.
7.05%
DOW
Dow Inc
7.05%
VZ
Verizon Communications Inc
6.78%
INTC
Intel Corp.
6.57%
JPM
JPMorgan Chase & Co.
6.36%
MMM
3M Co.
6.02%
Invest with DOGG

What is DOGG?

The investment objective of the fund is to provide current income with a secondary objective of providing capital appreciation. Under normal market conditions, the Fund will pursue its objective by investing primarily in common stocks, exchange-traded options (including FLexible EXchange options ("FLEX Options")) and short-term U.S. Treasury securities. The Fund seeks to provide exposure to the "Dogs of the Dow," the ten highest dividend-yielding stocks in the Dow Jones Industrial Average ("DJIA") on an annual basis. The Fund will purchase securities comprising the Dogs of the Dow and gain synthetic exposure to the price movements of the securities comprising the Dogs of the Dow through the use of a combination of puts, calls and U.S. Treasury securities. The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities comprising the "Dogs of the Dow" or in options contracts that utilize "Dogs of the Dow" constituents as the reference asset. Through its investments in securities comprising the Dogs of the Dow and portfolio of investments that reference the Dogs of the Dow, the Fund seeks to provide exposure to a concentrated portfolio of large-capitalization U.S. equity securities while providing a consistent level of income that, when annualized, is approximately 8% (before fees and expenses) above the annualized yield of the DJIA.

ETFs related toDOGG

ETFs correlated to DOGG include DIVB, CVRD, EDOW

DOGG
First Trust Exchange-Traded Fund IV - FT Cboe Vest DJIA Dogs 10 Target Income ETF
DIVB
BlackRock Institutional Trust Company N.A. - iShares Core Dividend ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
EDOW
First Trust Exchange-Traded Fund III - First Trust Dow 30 Equal Weight ETF
SCHD
Schwab Strategic Trust - Schwab US Dividend Equity ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
SDOG
ALPS Advisors Inc - ALPS Sector Dividend Dogs ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDOGG

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with DOGG using Composer

FAQ

DOGG is a US Equities ETF. The investment objective of the fund is to provide current income with a secondary objective of providing capital appreciation. Under normal market conditions, the Fund will pursue its objective by investing primarily in common stocks, exchange-traded options (including FLexible EXchange options ("FLEX Options")) and short-term U.S. Treasury securities. The Fund seeks to provide exposure to the "Dogs of the Dow," the ten highest dividend-yielding stocks in the Dow Jones Industrial Average ("DJIA") on an annual basis. The Fund will purchase securities comprising the Dogs of the Dow and gain synthetic exposure to the price movements of the securities comprising the Dogs of the Dow through the use of a combination of puts, calls and U.S. Treasury securities. The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities comprising the "Dogs of the Dow" or in options contracts that utilize "Dogs of the Dow" constituents as the reference asset. Through its investments in securities comprising the Dogs of the Dow and portfolio of investments that reference the Dogs of the Dow, the Fund seeks to provide exposure to a concentrated portfolio of large-capitalization U.S. equity securities while providing a consistent level of income that, when annualized, is approximately 8% (before fees and expenses) above the annualized yield of the DJIA.

DOGG dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

Yes, DOGG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, DOGG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DOGG is -0.0109%. This is the percent change in the value of DOGG over the most recent 1-month period. The 3-month return on DOGG is 0.012%. This is the percent change in the value of DOGG over the most recent 3-month period.

ETFs similar to DOGG include VIG, DFAS, and DFAT.

ETFs correlated to DOGG include DIVB, CVRD, and EDOW.

ETFs that are inversely correlated to DOGG include DOG, SDOW, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.