Dividend Dogs ETF Refreshes U.S. Portfolio in Annual Rebalance

Core Insights - The ALPS Sector Dividend Dogs ETF (SDOG) has completed its annual rebalance, refreshing 28% of its portfolio by replacing 14 stocks with 14 new ones [1][2]. Group 1: Portfolio Changes - The fund removed holdings such as Exxon Mobil Corp. (XOM), McDonald's Corp. (MCD), and Philip Morris International Inc. (PM), while adding Starbucks Corp. (SBUX), Target Corp. (TGT), and ConocoPhillips (COP) [1][3]. - In the energy sector, Exxon was removed, and ConocoPhillips and EOG Resources Inc. (EOG) were added [3]. - Consumer spending stocks saw a rotation, with McDonald's and Philip Morris exiting and Starbucks and Target entering the portfolio [3]. Group 2: Sector Adjustments - Technology holdings shifted, with the removal of International Business Machines Corp. (IBM), Cisco Systems Inc. (CSCO), Seagate Technology Holdings (STX), and Skyworks Solutions Inc. (SWKS). New additions included Texas Instruments Inc. (TXN), Accenture (ACN), Hewlett Packard Enterprise Co. (HPE), and Microchip Technology Inc. (MCHP) [4]. - In consumer staples, Archer-Daniels-Midland Co. (ADM) was removed while Kenvue Inc. (KVUE) was added [5]. - The fund also saw changes in the industrial sector, with Southwest Airlines Co. (LUV) and Stanley Black & Decker Inc. (SWK) exiting, and Snap-On Inc. (SNA) and Watsco Inc. (WSO) entering [5]. Group 3: Fund Performance - The fund has returned 11.11% over the past year and charges a 0.36% expense ratio [5].