ETF Evaluator: FT Vest DJIA® Dogs 10 Trgt Inc ETF () Follow This ETF

FT Vest DJIA® Dogs 10 Trgt Inc ETF Overview

FT Vest DJIA® Dogs 10 Trgt Inc ETF (DOGG) is an actively managed Nontraditional Equity Derivative Income exchange-traded fund (ETF). First Trust launched the ETF in 2023.

The investment seeks 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 a concentrated portfolio of large-capitalization U.S. equity securities while providing a consistent level of income that is approximately 8% (before fees and expenses) above the annualized yield of the Dow Jones Industrial Average (“DJIA”). The fund is non-diversified.

About FT Vest DJIA® Dogs 10 Trgt Inc ETF (DOGG)

There are 2 members of the management team with an average tenure of 2.42 years: Karan Sood (2023) and Trevor Lack (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and DJ Industrial Average TR USD index with a weighting of 100%. FT Vest DJIA® Dogs 10 Trgt Inc ETF has 43 securities in its portfolio. The top 10 holdings constitute 112.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

FT Vest DJIA® Dogs 10 Trgt Inc ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. FT Vest DJIA® Dogs 10 Trgt Inc ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 39.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 60.1% (60.1% domestic bond, 0.0% foreign bond and 0.0% convertible bond). FT Vest DJIA® Dogs 10 Trgt Inc ETF has 0.9% of the portfolio in cash.

Assets Under Management

The fund has $88 million in total assets, which is below the $727 million average for the Derivative Income category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

DOGG Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The FT Vest DJIA® Dogs 10 Trgt Inc ETF expense ratio is above average compared to funds in the Derivative Income category. FT Vest DJIA® Dogs 10 Trgt Inc ETF has an expense ratio of 0.75%, which is 10% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. FT Vest DJIA® Dogs 10 Trgt Inc ETF has a portfolio turnover rate of 803%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 69% for the Derivative Income category.

Recently, in the month of July 2026, FT Vest DJIA® Dogs 10 Trgt Inc ETF returned 3.7%, which earned it a grade of A, as the Derivative Income category had an average return of -1.5%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

FT Vest DJIA® Dogs 10 Trgt Inc ETF has a trailing yield of 7.19%, which is below the 19.96% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

FT Vest DJIA® Dogs 10 Trgt Inc ETF Grades

Year to date, the ETF has returned 11.3%, 8.7 percentage points better than the category, which translates into a grade of B. The fund has returned 22.6% over the past year (grade of A) and 11.8% over the past three years (grade of D).

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about FT Vest DJIA® Dogs 10 Trgt Inc ETF, including its riskiness, submit your email to unlock the rest of the article.