- ISIN
- US75605A5048
- CUSIP
- 829658400
- Delisting Date
- Dec 15, 2025
- Issuer
- SRN Advisors
- Inception Date
- Jan 14, 2016
- Region
- North America (U.S.)
- Category
- Large Cap Blend Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- Siren DIVCON Dividend Defender Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $9M
Share Price Chart
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Performance
DFND Performance Chart
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Returns By Period
Siren DIVCON Dividend Defender ETF (DFND) has returned 0.00% so far this year and 2.16% over the past 12 months. Over the last ten years, DFND has returned 7.15% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Siren DIVCON Dividend Defender ETF
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 2.16%
- 3Y*
- 8.10%
- 5Y*
- 4.54%
- 10Y*
- 7.15%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DFND Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||||||
| 2025 | 4.07% | 2.40% | -3.13% | 2.03% | 2.96% | 1.68% | 0.00% | -0.46% | -0.65% | 2.31% | -0.76% | -0.31% | 10.37% |
| 2024 | 3.02% | 6.60% | 2.61% | -4.59% | -0.41% | -0.33% | -0.42% | -3.02% | 14.01% | -3.17% | 2.37% | -6.87% | 8.48% |
| 2023 | 2.73% | 0.98% | 1.21% | -1.16% | 1.69% | 4.77% | 1.73% | 0.90% | -2.17% | -0.20% | 5.15% | -3.75% | 12.13% |
| 2022 | -8.88% | -2.96% | -1.13% | -3.59% | -2.96% | -2.61% | 6.07% | -4.19% | -2.34% | 1.35% | 5.43% | -4.80% | -19.59% |
| 2021 | -1.71% | -2.82% | 2.65% | 3.66% | -1.26% | 2.59% | 4.39% | 2.51% | -5.66% | 6.06% | 2.73% | 1.36% | 14.80% |
Benchmark Metrics
Siren DIVCON Dividend Defender ETF has an annualized alpha of 2.02%, beta of 0.42, and R2 of 0.16 versus S&P 500 Index. Calculated based on daily prices since January 14, 2016.
- This ETF participated in 52.55% of S&P 500 Index downside but only 42.82% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.42 may look defensive, but with R2 of 0.16 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.16 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.02%
- Beta
- 0.42
- R²
- 0.16
- Upside Capture
- 42.82%
- Downside Capture
- 52.55%
Expense Ratio
DFND has a high expense ratio of 1.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
DFND ranks 12 for risk / return — in the bottom 12% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Siren DIVCON Dividend Defender ETF (DFND) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DFND | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.40 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.37 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 2.78 | -2.18 |
| Martin ratioReturn relative to average drawdown | 1.08 | 12.44 | -11.36 |
Dividends
Dividend History
Siren DIVCON Dividend Defender ETF provided a 0.62% dividend yield over the last twelve months, with an annual payout of $0.27 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.27 | $0.48 | $0.65 | $0.68 | $0.10 | $0.00 | $0.00 | $0.24 | $0.14 | $0.01 |
Dividend yield | 0.62% | 1.10% | 1.64% | 1.84% | 0.29% | 0.00% | 0.00% | 0.77% | 0.53% | 0.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Siren DIVCON Dividend Defender ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2025 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.48 |
| 2024 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.65 |
| 2023 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.00 | $0.68 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Siren DIVCON Dividend Defender ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Siren DIVCON Dividend Defender ETF was 22.65%, occurring on Aug 5, 2022. Recovery took 397 trading sessions.
The current Siren DIVCON Dividend Defender ETF drawdown is 3.69%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -22.65%Aug 2022 | 8mo 16d | 1y 7mo | 2y 3moNov 2021 - Mar 2024 |
COVID crash2020 | -21.79%Mar 2020 | 3mo 29d | 4mo 28d | 8mo 27dNov 2019 - Aug 2020 |
2024 correction2024 | -12.56%Jun 2024 | 3mo 6d | 3mo 4d | 6mo 10dMar 2024 - Sep 2024 |
2024 correction2024 | -12.16%Oct 2024 | 19d | 1mo 20d | 2mo 9dOct 2024 - Dec 2024 |
2025 selloff2025 | -11.55%Apr 2025 | 3mo | 1mo | 4moJan 2025 - May 2025 |
Drawdown Indicators
| DFND | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.65% | -56.78% | +34.13% |
Max Drawdown (1Y)Largest decline over 1 year | -3.44% | -9.10% | +5.66% |
Max Drawdown (3Y)Largest decline over 3 years | -12.56% | -18.90% | +6.34% |
Max Drawdown (5Y)Largest decline over 5 years | -22.65% | -25.43% | +2.78% |
Max Drawdown (10Y)Largest decline over 10 years | -22.65% | -33.92% | +11.27% |
Current DrawdownCurrent decline from peak | -3.69% | -1.80% | -1.89% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -10.71% | +5.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 2.03% | +1.69% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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