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ET vs. DFND
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ET vs. DFND

Last updated Jun 16, 2026

ET (Energy Transfer LP) is a stock, while DFND (Siren DIVCON Dividend Defender ETF) is Large Cap Blend Equities fund tracking the Siren DIVCON Dividend Defender Index. Over the past 10 years, ET returned 12.78%/yr vs 7.15%/yr for DFND. At a 0.13 correlation, their price movements are largely independent.

Performance

ET vs. DFND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energy Transfer LP (ET) and Siren DIVCON Dividend Defender ETF (DFND). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

Over the past 10 years, ET has outperformed DFND with an annualized return of 12.78%, while DFND has yielded a comparatively lower 7.15% annualized return.

ET

1D
-0.84%
1M
-6.15%
YTD
18.84%
6M
18.77%
1Y
11.20%
3Y*
23.21%
5Y*
19.85%
10Y*
12.78%

DFND

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
1.72%
3Y*
8.10%
5Y*
4.54%
10Y*
7.15%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ET vs. DFND - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ET
Energy Transfer LP		18.84%-9.37%53.87%27.87%55.74%42.96%-44.92%5.88%-17.74%-4.66%
DFND
Siren DIVCON Dividend Defender ETF		0.00%10.37%8.48%12.13%-19.59%14.80%16.12%19.53%-1.83%16.33%

Correlation

The correlation between ET and DFND is 0.01, 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

0.01

Correlation (3Y)
Calculated over the trailing 3-year period

0.10

Correlation (5Y)
Calculated over the trailing 5-year period

0.13

Correlation (10Y)
Calculated over the trailing 10-year period

0.13

Correlation (All Time)
Calculated using the full available price history since Jan 14, 2016

0.13

The correlation between ET and DFND shifts across timeframes, from 0.01 (1 year) to 0.13 (10 years), reflecting how their relationship changes across market environments.

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Energy Transfer LP

Siren DIVCON Dividend Defender ETF

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Often compared with DFND:
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Return for Risk

ET vs. DFND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ET
ET Risk / Return Rank: 6363
Overall Rank
ET Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
ET Sortino Ratio Rank: 5959
Sortino Ratio Rank
ET Omega Ratio Rank: 5555
Omega Ratio Rank
ET Calmar Ratio Rank: 6767
Calmar Ratio Rank
ET Martin Ratio Rank: 6767
Martin Ratio Rank
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.

ET vs. DFND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) 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.

ETDFNDDifference
Sharpe ratioReturn per unit of total volatility
0.70
0.19

+0.51

Sortino ratioReturn per unit of downside risk
1.14
0.35

+0.79

Omega ratioGain probability vs. loss probability

1.13

1.05

+0.07

Calmar ratioReturn relative to maximum drawdown

1.28

0.60

+0.68

Martin ratioReturn relative to average drawdown

2.91

1.08

+1.83

ET vs. DFND - Sharpe Ratio Comparison

The current ET Sharpe Ratio is 0.70, which is higher than the DFND Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of ET and DFND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ET vs. DFND - Drawdown Comparison

The maximum ET drawdown since its inception was -87.81%, which is greater than DFND's maximum drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for ET and DFND.

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Drawdown Indicators

ETDFNDDifference

Max Drawdown

Largest peak-to-trough decline

-87.81%

-22.65%

-65.16%

Max Drawdown (1Y)

Largest decline over 1 year

-8.79%

-3.44%

-5.35%

Max Drawdown (3Y)

Largest decline over 3 years

-24.56%

-12.56%

-12.00%

Max Drawdown (5Y)

Largest decline over 5 years

-24.56%

-22.65%

-1.91%

Max Drawdown (10Y)

Largest decline over 10 years

-72.82%

-22.65%

-50.17%

Current Drawdown

Current decline from peak

-7.26%

-3.69%

-3.57%

Average Drawdown

Average peak-to-trough decline

-25.72%

-5.70%

-20.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.24%

3.72%

+0.52%

Volatility

ET vs. DFND - Volatility Comparison

Energy Transfer LP (ET) has a higher volatility of 4.85% compared to Siren DIVCON Dividend Defender ETF (DFND) at 0.00%. This indicates that ET's price experiences larger fluctuations and is considered to be riskier than DFND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ETDFNDDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.85%

0.00%

+4.85%

Volatility (6M)

Calculated over the trailing 6-month period

12.07%

6.10%

+5.97%

Volatility (1Y)

Calculated over the trailing 1-year period

16.13%

10.88%

+5.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.87%

22.44%

+2.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

35.00%

19.08%

+15.92%

Dividends

ET vs. DFND - Dividend Comparison

ET's dividend yield for the trailing twelve months is around 7.06%, while DFND has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
DFND
Siren DIVCON Dividend Defender ETF		0.62%1.10%1.64%1.84%0.29%0.00%0.00%0.77%0.53%0.02%0.00%0.00%
ET
Energy Transfer LP		7.06%7.97%6.51%8.95%7.33%7.41%17.27%9.51%9.24%6.66%5.90%7.42%

Frequently Asked Questions

ET and DFND have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ET has higher volatility (4.85%) compared to DFND (0.00%). In terms of maximum drawdown, ET dropped -87.81% vs DFND's -22.65%.

ET currently has the higher Sharpe Ratio (0.70 vs 0.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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