Symbols of some Exchange Traded Funds that invest in the Dogs of the Dow, as of 2015, include DOD for Elements DJ High Yield Select 10 ETN; SDOG for ALPS Sector Dividend Dogs ETF; HDV for iShares High-Dividend ETF; and VOX for Vanguard Telecommunications Service ETF, according to Nasdaq.com. FLD is the symbol for the Morningstar Dividend Leaders Index Fund, which also invests in the Dogs of the Dow.Continue Reading
Exchange Traded Funds following the Dogs of the Dow are marketable securities that seek to simulate all or part of the strategy, according to Yahoo Finance. For example, the ALPS Sector Dividend Dogs ETF employs a variation of the strategy by investing in specific sectors, and the iShares High Dividend ETF invests in over 75 dividend stocks but has over half its holdings in Dogs. The Elements DJ High Yield Select 10 ETN most closely follows the pure Dogs strategy, according to Nasdaq.
The Dogs of the Dow is a simple stock investment strategy that involves buying shares of 10 companies listed in the Dow Jones Industrial Average that have the highest dividend yield. The strategy originated from a book titled, "Beating the Dow" by Michael Higgins and typically outperforms the Dow by about 3 percent per year, according to Investopedia.Learn more about Investing