The ALPS REIT Dividend Dogs ETF (ARCA:RDOG) is a rules-based, yield-driven approach that diversifies across the REIT market and allows investors to wait while the recovery plays out. The fund owns the five highest-yielding REITs in each of nine segments, providing broad diversification while maintaining strict value discipline. RDOG is currently yielding roughly 6.5% to 7%, above the REit category average of mid-4%. This yield compensates for taking on real estate exposure in a difficult environment and indicates how much pessimism is already priced into the underlying assets.