ALPS REIT Dividend Dogs ETF (RDOG) Valuation
RDOG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 128.7 trailing earnings
- Forward P/E
- 25.4 analyst estimates
- Price / sales
- 3.20
- Price / book
- 1.40
- EV / EBITDA
- 14.1
- Earnings yield
- 0.78% inverse of P/E
- Dividend yield
- 6.80% of the holdings
- Return on equity
- 1.1% combined
- Net margin
- 2.5% combined
- Beta
- 0.98 weighted, vs S&P 500
RDOG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RDOG | 128.7 | 25.4 | 3.20 | 1.40 | 6.80% | 1.1% | 2.5% | 25.3% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
RDOG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Real Estate | 100.6% | 128.7 | 25.4 | 3.20 | 1.40 | 6.80% | 1.1% |
RDOG earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How RDOG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RDOG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| INN | Summit Hotel Properties, Inc. | 2.94% | — | 40.7 | 1.0 | 4.89% | −13.51% |
| APLE | Apple Hospitality REIT, Inc. | 2.80% | 23.0 | 23.5 | 2.8 | 5.63% | 16.56% |
| CCI | Crown Castle Inc. | 2.71% | 33.4 | 21.2 | 8.4 | 5.17% | 11.07% |
| RLJ | RLJ Lodging Trust | 2.67% | — | — | 1.3 | 5.15% | 0.00% |
| AMT | American Tower Corporation | 2.55% | 25.5 | 24.6 | 7.9 | 3.86% | 13.66% |
| PK | Park Hotels & Resorts Inc. | 2.52% | — | 28.2 | 1.3 | 6.29% | −17.70% |
| RHP | Ryman Hospitality Properties, Inc. | 2.50% | 30.7 | 25.8 | 3.2 | 3.81% | 11.11% |
| UDR | UDR, Inc. | 2.41% | 21.7 | 51.5 | 7.1 | 5.08% | 15.19% |
| AAT | American Assets Trust, Inc. | 2.36% | 73.4 | 60.6 | 3.8 | 6.39% | 4.40% |
| BDN | Brandywine Realty Trust | 2.36% | — | 5.7 | 1.0 | 12.17% | −100.21% |
| SBAC | SBA Communications Corporation | 2.33% | 20.2 | 19.4 | 6.9 | 2.67% | 15.75% |
| O | Realty Income Corporation | 2.31% | 40.6 | 33.7 | 8.7 | 5.81% | 7.74% |
| OLP | One Liberty Properties, Inc. | 2.30% | 14.0 | 23.5 | 4.7 | 8.13% | 22.41% |
| CTO | CTO Realty Growth, Inc. | 2.29% | 15.0 | 122.0 | 4.8 | 7.40% | 20.80% |
| NNN | NNN REIT Inc | 2.29% | 20.6 | 20.4 | 8.4 | 5.97% | 15.16% |
| UMH | UMH Properties, Inc. | 2.28% | 127.0 | 142.9 | 4.8 | 5.91% | 2.45% |
| CSR | Centerspace | 2.27% | 44.5 | 55.6 | 3.7 | 5.50% | 6.96% |
| LXP | LXP Industrial Trust | 2.24% | 60.5 | 28.9 | 10.4 | 4.59% | 5.06% |
| GOOD | Gladstone Commercial Corporation | 2.22% | 49.9 | 61.0 | 3.6 | 9.62% | 6.08% |
| BFS | Saul Centers, Inc. | 2.22% | 30.1 | 178.6 | 3.4 | 8.00% | 10.07% |
| GLPI | Gaming and Leisure Properties, Inc. | 2.19% | 11.5 | 11.8 | 7.1 | 8.35% | 26.06% |
| IIPR | Innovative Industrial Properties, Inc. | 2.18% | 11.9 | 12.4 | 5.5 | 14.51% | 25.15% |
| AHH | Armada Hflr Pr | 2.18% | — | — | — | — | — |
| FCPT | Four Corners Property Trust, Inc. | 2.17% | 20.0 | 20.2 | 7.9 | 6.90% | 14.84% |
| HIW | Highwoods Properties, Inc. | 2.17% | 19.4 | 65.8 | 3.9 | 6.82% | 15.24% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About RDOG valuation
Adding up its 42 holdings with company data, RDOG trades at 128.7 times trailing earnings and 25.4 times analysts' forward estimates, with a price-to-book ratio of 1.40 and a dividend yield of 6.80%. Its earnings yield of 0.78% is 4.55 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 25.8% of the fund and earn −59.4% of its combined profit. Companies that lost money over the past year are 25.3% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 93.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RDOG chart, RDOG performance, RDOG holdings, RDOG dividends.
RDOG valuation FAQ
What is the P/E ratio of RDOG?
Based on its holdings, RDOG has a trailing P/E of 128.7 and a forward P/E of 25.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RDOG?
The trailing earnings yield is 0.78% (1 ÷ P/E) and the forward earnings yield 3.93%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RDOG more expensive than the S&P 500?
RDOG trades at 128.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.4 and 19.9.
What is the price-to-book ratio of RDOG?
The holdings of RDOG trade at 1.40 times book value, with a combined return on equity of 1.1%.