LQAI vs. DFND

Last updated Jun 4, 2026

LQAI (LG QRAFT AI-Powered U.S. Large Cap Core ETF) and DFND (Siren DIVCON Dividend Defender ETF) are both Large Cap Blend Equities funds. LQAI is actively managed, while DFND is passively managed. Over the past year, LQAI returned 42.11% vs 0.20% for DFND. At a 0.13 correlation, their price movements are largely independent. LQAI charges 0.75%/yr vs 1.50%/yr for DFND.

Performance

LQAI vs. DFND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) and Siren DIVCON Dividend Defender ETF (DFND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LQAI

• 1D: -0.09%
• 1M: 10.98%
• YTD: 22.12%
• 6M: 21.53%
• 1Y: 42.11%
• 3Y*: —
• 5Y*: —
• 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%

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

LQAI vs. DFND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF	22.12%	13.70%	27.82%	9.12%
DFND Siren DIVCON Dividend Defender ETF	0.00%	10.37%	8.48%	-0.70%

Correlation

The correlation between LQAI and DFND is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (All Time) Calculated using the full available price history since Nov 8, 2023	0.13

LQAI vs. DFND - Sectors Allocation Comparison

Sectors	LQAI	DFND
Technology	40.4%	24.8%
Consumer Cyclical	14.7%	3.5%
Communication Services	9.8%	0.8%
Financial Services	8.7%	18.2%
Consumer Defensive	8.5%	4.2%
Energy	6.6%	1.7%
Utilities	4.4%	-
Healthcare	4.1%	10.7%
Real Estate	1.6%	2.0%
Industrials	1.1%	17.1%
Basic Materials	0.1%	4.3%

Return for Risk

LQAI vs. DFND — Risk / Return Rank

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

LQAI

LQAI Risk / Return Rank: 78
LQAI Sharpe Ratio Rank: 83
LQAI Sortino Ratio Rank: 78
LQAI Omega Ratio Rank: 81
LQAI Calmar Ratio Rank: 81
LQAI Martin Ratio Rank: 66

DFND

DFND Risk / Return Rank: 9
DFND Sharpe Ratio Rank: 9
DFND Sortino Ratio Rank: 8
DFND Omega Ratio Rank: 8
DFND Calmar Ratio Rank: 9
DFND Martin Ratio Rank: 9

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.

LQAI vs. DFND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) 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.

	LQAI	DFND	Difference
Sharpe ratio: Return per unit of total volatility	2.74	0.02	+2.72
Sortino ratio: Return per unit of downside risk	3.49	0.11	+3.38
Omega ratio: Gain probability vs. loss probability	1.49	1.02	+0.47
Calmar ratio: Return relative to maximum drawdown	4.23	0.07	+4.16
Martin ratio: Return relative to average drawdown	12.18	0.13	+12.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LQAI vs. DFND - Sharpe Ratio Comparison

The current LQAI Sharpe Ratio is 2.74, which is higher than the DFND Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of LQAI 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.

Sharpe Ratios by Period

	LQAI	DFND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.74	0.02	+2.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.74	0.36	+1.39

Drawdowns

LQAI vs. DFND - Drawdown Comparison

The maximum LQAI drawdown since its inception was -21.24%, smaller than the maximum DFND drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for LQAI and DFND.

Drawdown Indicators

	LQAI	DFND	Difference
Max Drawdown Largest peak-to-trough decline	-21.24%	-22.65%	+1.41%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	-3.44%	-6.56%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.65%	—
Current Drawdown Current decline from peak	-0.22%	-3.69%	+3.47%
Average Drawdown Average peak-to-trough decline	-3.06%	-5.70%	+2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	3.70%	-0.23%

Volatility

LQAI vs. DFND - Volatility Comparison

LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) has a higher volatility of 5.29% compared to Siren DIVCON Dividend Defender ETF (DFND) at 0.00%. This indicates that LQAI'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.

Volatility by Period

	LQAI	DFND	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.29%	0.00%	+5.29%
Volatility (6M) Calculated over the trailing 6-month period	10.93%	6.16%	+4.77%
Volatility (1Y) Calculated over the trailing 1-year period	15.43%	10.92%	+4.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.98%	22.46%	-5.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	19.09%	-2.11%

LQAI vs. DFND - Expense Ratio Comparison

LQAI has a 0.75% expense ratio, which is lower than DFND's 1.50% expense ratio.

Dividends

LQAI vs. DFND - Dividend Comparison

LQAI's dividend yield for the trailing twelve months is around 0.89%, more 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%
LQAI LG QRAFT AI-Powered U.S. Large Cap Core ETF	0.89%	1.14%	0.69%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LQAI and DFND in my portfolio?

LQAI and DFND have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LQAI or DFND?

LQAI has higher volatility (5.29%) compared to DFND (0.00%). In terms of maximum drawdown, LQAI dropped -21.24% vs DFND's -22.65%.

Which ETF is better, LQAI or DFND?

On 1-year performance, LQAI leads with 42.11% vs 0.20% for DFND. On fees, LQAI is cheaper at 0.75% 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.

Which ETF has performed better, LQAI or DFND?

Over the 1-year period, LQAI has performed better with a 42.11% return vs 0.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LQAI or DFND?

LQAI is cheaper with a 0.75% expense ratio, compared with 1.50% for DFND.

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

LQAI has the higher dividend yield at 0.89%, compared with 0.62% for DFND.

What is the main difference between LQAI and DFND?

They also come from different issuers: QRAFT and SRN Advisors. Their fees differ too: 0.75% for LQAI and 1.50% for DFND.

Which has better risk-adjusted returns?

LQAI currently has the higher Sharpe Ratio (2.74 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.