LGH vs. DFND
LGH (HCM Defender 500 Index ETF) and DFND (Siren DIVCON Dividend Defender ETF) are both Large Cap Blend Equities funds - LGH tracks the HCM Defender 500 Index while DFND tracks the Siren DIVCON Dividend Defender Index. Both are passively managed. Over the past 5 years, LGH returned 11.27%/yr vs 4.54%/yr for DFND. At a 0.47 correlation, their price movements are largely independent. LGH charges 1.23%/yr vs 1.50%/yr for DFND.
Performance
LGH vs. DFND - Performance Comparison
Loading charts...
Returns By Period
LGH
- 1D
- -0.92%
- 1M
- 7.14%
- YTD
- 4.82%
- 6M
- 4.52%
- 1Y
- 26.30%
- 3Y*
- 20.78%
- 5Y*
- 11.27%
- 10Y*
- —
DFND
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- -1.09%
- 1Y
- 0.20%
- 3Y*
- 7.91%
- 5Y*
- 4.54%
- 10Y*
- 7.16%
LGH vs. DFND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LGH HCM Defender 500 Index ETF | 4.82% | 19.47% | 27.00% | 24.19% | -27.37% | 39.92% | 18.51% | 11.06% |
DFND Siren DIVCON Dividend Defender ETF | 0.00% | 10.37% | 8.48% | 12.13% | -19.59% | 14.80% | 16.12% | 5.14% |
Correlation
The correlation between LGH and DFND is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Oct 11, 2019 | 0.47 |
Over the past year, the correlation between LGH and DFND has dropped to 0.16 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LGH vs. DFND — Risk / Return Rank
LGH
DFND
LGH vs. DFND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HCM Defender 500 Index ETF (LGH) 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.
| LGH | DFND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.69 | ||
| Sortino ratioReturn per unit of downside risk | +2.16 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.02 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 0.07 | +2.27 |
| Martin ratioReturn relative to average drawdown | 7.55 | 0.13 | +7.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LGH | DFND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 0.02 | +1.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.21 | +0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.38 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.36 | +0.44 |
Drawdowns
LGH vs. DFND - Drawdown Comparison
The maximum LGH drawdown since its inception was -29.60%, which is greater than DFND's maximum drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for LGH and DFND.
Loading charts...
Drawdown Indicators
| LGH | DFND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.60% | -22.65% | -6.95% |
Max Drawdown (1Y)Largest decline over 1 year | -11.29% | -3.44% | -7.85% |
Max Drawdown (3Y)Largest decline over 3 years | -18.42% | -12.56% | -5.86% |
Max Drawdown (5Y)Largest decline over 5 years | -29.38% | -22.65% | -6.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.65% | — |
Current DrawdownCurrent decline from peak | -0.92% | -3.69% | +2.77% |
Average DrawdownAverage peak-to-trough decline | -9.42% | -5.70% | -3.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 3.70% | -0.21% |
Volatility
LGH vs. DFND - Volatility Comparison
HCM Defender 500 Index ETF (LGH) has a higher volatility of 4.07% compared to Siren DIVCON Dividend Defender ETF (DFND) at 0.00%. This indicates that LGH'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.
Loading charts...
Volatility by Period
| LGH | DFND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.07% | 0.00% | +4.07% |
Volatility (6M)Calculated over the trailing 6-month period | 10.86% | 6.16% | +4.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.41% | 10.92% | +4.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.52% | 22.46% | -5.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.78% | 19.09% | +0.69% |
LGH vs. DFND - Expense Ratio Comparison
LGH has a 1.23% expense ratio, which is lower than DFND's 1.50% expense ratio.
Dividends
LGH vs. DFND - Dividend Comparison
LGH's dividend yield for the trailing twelve months is around 0.37%, less than DFND's 0.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
LGH HCM Defender 500 Index ETF | 0.37% | 0.38% | 0.40% | 0.63% | 0.61% | 0.14% | 0.23% | 0.01% | 0.00% | 0.00% |
Frequently Asked Questions
LGH and DFND have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LGH has higher volatility (4.07%) compared to DFND (0.00%). In terms of maximum drawdown, LGH dropped -29.60% vs DFND's -22.65%.
On 5-year performance, LGH leads with 11.27% vs 4.54% for DFND. On fees, LGH is cheaper at 1.23% per year. On volatility, DFND has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, LGH has performed better with a 11.27% return vs 4.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LGH is cheaper with a 1.23% expense ratio, compared with 1.50% for DFND.
DFND has the higher dividend yield at 0.62%, compared with 0.37% for LGH.
LGH tracks HCM Defender 500 Index, while DFND tracks Siren DIVCON Dividend Defender Index. They also come from different issuers: Howard Capital Management and SRN Advisors. Their fees differ too: 1.23% for LGH and 1.50% for DFND.
LGH currently has the higher Sharpe Ratio (1.72 vs 0.02), 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.
Find the right allocation for LGH and DFND
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer