BLUC vs. DFND

Last updated Jul 17, 2026

BLUC (Bluemonte Large Cap Core ETF) and DFND (Siren DIVCON Dividend Defender ETF) are both Large Cap Blend Equities funds. At a 0.11 correlation, their price movements are largely independent. BLUC charges 0.23%/yr vs 1.50%/yr for DFND.

Performance

BLUC vs. DFND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Large Cap Core ETF (BLUC) and Siren DIVCON Dividend Defender ETF (DFND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BLUC

• 1D: -0.78%
• 1M: 0.08%
• 6M: 8.41%
• YTD: 9.26%
• 1Y: 19.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFND

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLUC vs. DFND - Yearly Performance Comparison

	2026 (YTD)	2025
BLUC Bluemonte Large Cap Core ETF	9.26%	14.69%
DFND Siren DIVCON Dividend Defender ETF	0.00%	2.16%

Correlation

The correlation between BLUC and DFND is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.11

BLUC vs. DFND - Sectors Allocation Comparison

Sectors	BLUC	DFND
Technology	42.4%	24.8%
Communication Services	12.9%	0.8%
Consumer Cyclical	10.5%	3.5%
Financial Services	9.2%	18.2%
Healthcare	7.4%	10.7%
Industrials	7.1%	17.1%
Consumer Defensive	3.7%	4.2%
Energy	2.4%	1.7%
Real Estate	1.6%	2.0%
Utilities	1.5%	-
Basic Materials	1.4%	4.3%

Return for Risk

BLUC vs. DFND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BLUC

BLUC Risk / Return Rank: 50
BLUC Sharpe Ratio Rank: 52
BLUC Sortino Ratio Rank: 50
BLUC Omega Ratio Rank: 50
BLUC Calmar Ratio Rank: 45
BLUC Martin Ratio Rank: 54

DFND

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLUC vs. DFND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Core ETF (BLUC) and Siren DIVCON Dividend Defender ETF (DFND). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	BLUC	DFND	Difference
Sharpe ratio: Return per unit of total volatility	1.45	—	—
Sortino ratio: Return per unit of downside risk	2.02	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.86	—	—
Martin ratio: Return relative to average drawdown	7.31	—	—

Drawdowns

Drawdown Indicators

	BLUC	DFND	Difference
Max Drawdown Largest peak-to-trough decline	-10.69%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.69%	—	—
Current Drawdown Current decline from peak	-2.32%	—	—
Average Drawdown Average peak-to-trough decline	-1.69%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	—	—

Volatility

Volatility by Period

	BLUC	DFND	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.69%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.44%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.44%	—	—

BLUC vs. DFND - Expense Ratio Comparison

BLUC has a 0.23% expense ratio, which is lower than DFND's 1.50% expense ratio.

Dividends

BLUC vs. DFND - Dividend Comparison

BLUC's dividend yield for the trailing twelve months is around 0.63%, while DFND has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BLUC Bluemonte Large Cap Core ETF	0.63%	0.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DFND Siren DIVCON Dividend Defender ETF	0.29%	1.10%	1.64%	1.84%	0.29%	0.00%	0.00%	0.77%	0.53%	0.02%

Frequently Asked Questions

Can I hold both BLUC and DFND in my portfolio?

BLUC and DFND have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLUC or DFND?

On fees, BLUC is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLUC or DFND?

BLUC is cheaper with a 0.23% expense ratio, compared with 1.50% for DFND.

Which ETF pays a higher dividend yield, BLUC or DFND?

BLUC has the higher dividend yield at 0.63%, compared with 0.29% for DFND.

What is the main difference between BLUC and DFND?

They also come from different issuers: Bluemonte and SRN Advisors. Their fees differ too: 0.23% for BLUC and 1.50% for DFND.