ALPS Sector Dividend Dogs ETF (SDOG) IV/HV History

Comparing implied volatility to historical (realized) volatility reveals whether options are priced rich or cheap relative to actual price movement. Persistent gaps can signal trading opportunities.

ALPS Sector Dividend Dogs ETF (SDOG) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $1.36B, listed on AMEX, carrying a beta of 0.68 to the broader market. The ALPS Sector Dividend Dogs ETF (SDOG) seeks investment results that replicate as closely as possible, before fees and expenses, the performance of the S-Network Sector Dividend Dogs Index (SDOGX). public since 2012-07-16.

Snapshot as of May 15, 2026.

Spot Price
$65.90
ATM IV
17.1%
HV 20-Day
11.4%
HV 60-Day
10.7%
IV Rank
18.0%
IV Percentile
43.7%

As of May 15, 2026, ALPS Sector Dividend Dogs ETF (SDOG) ATM implied volatility is 17.1%. 20-day realized volatility is 11.4%, producing an IV-HV spread of +5.7 vol points. Options are pricing in more volatility than the stock has recently delivered, the volatility risk premium. IV rank is 18.0%.

How SDOG iv/hv history Data Feeds Strategy Selection

Strategy selection on ALPS Sector Dividend Dogs ETF options does not derive from any single metric in isolation. The iv/hv history view above sits inside a broader read: ATM IV currently sits at 17.1% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the iv/hv history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how implied vs realized volatility is reported and how to read the data →

Frequently asked SDOG iv/hv history questions

Is SDOG options pricing rich or cheap right now?
As of May 15, 2026, ALPS Sector Dividend Dogs ETF (SDOG) ATM IV is 17.1% against 20-day realized volatility of 11.4%. IV rank is 18.0%. SDOG options are pricing in more volatility than the stock has recently realized: a positive variance risk premium worth 5.7 vol points.
What is the SDOG variance risk premium?
The variance risk premium is the persistent gap between implied and subsequently realized volatility. In equity markets it averages positive because option sellers demand compensation for bearing variance shocks. SDOG is currently priced consistently with this premium, which is one input to whether short-vol or long-vol structures carry their typical edge.
What does SDOG IV rank mean for strategy selection?
IV rank normalizes the current ATM IV to its 1-year range: 0% is the low, 100% is the high. SDOG's current rank of 18.0% signals where current pricing sits in its own 1-year history. High-rank regimes typically favor premium-selling structures (credit spreads, condors, covered calls); low-rank regimes typically favor premium-buying or long-volatility structures.