RAUS vs. DFND

Last updated Jun 6, 2026

RAUS (RACWI US ETF) and DFND (Siren DIVCON Dividend Defender ETF) are both Large Cap Blend Equities funds - RAUS tracks the RACWI US Index while DFND tracks the Siren DIVCON Dividend Defender Index. Both are passively managed. At a 0.03 correlation, their price movements are largely independent. RAUS charges 0.00%/yr vs 1.50%/yr for DFND.

Performance

RAUS vs. DFND - Performance Comparison

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

Returns By Period

RAUS

• 1D: -2.46%
• 1M: 0.68%
• YTD: 9.37%
• 6M: 9.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFND

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: -0.97%
• 1Y: 1.72%
• 3Y*: 8.10%
• 5Y*: 4.54%
• 10Y*: 7.15%

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

RAUS vs. DFND - Yearly Performance Comparison

	2026 (YTD)	2025
RAUS RACWI US ETF	9.37%	4.73%
DFND Siren DIVCON Dividend Defender ETF	0.00%	-0.48%

Correlation

The correlation between RAUS and DFND is 0.03, 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 (All Time) Calculated using the full available price history since Sep 15, 2025	0.03

Return for Risk

RAUS vs. DFND — Risk / Return Rank

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

DFND

DFND Risk / Return Rank: 13
DFND Sharpe Ratio Rank: 12
DFND Sortino Ratio Rank: 11
DFND Omega Ratio Rank: 12
DFND Calmar Ratio Rank: 17
DFND Martin Ratio Rank: 14

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.

RAUS vs. DFND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RACWI US ETF (RAUS) 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.

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

Sharpe Ratios by Period

	RAUS	DFND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.19	—
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	1.60	0.36	+1.24

Drawdowns

RAUS vs. DFND - Drawdown Comparison

The maximum RAUS drawdown since its inception was -8.63%, smaller than the maximum DFND drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for RAUS and DFND.

Drawdown Indicators

	RAUS	DFND	Difference
Max Drawdown Largest peak-to-trough decline	-8.63%	-22.65%	+14.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.44%	—
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	-2.58%	-3.69%	+1.11%
Average Drawdown Average peak-to-trough decline	-1.28%	-5.70%	+4.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.72%	—

Volatility

Volatility by Period

	RAUS	DFND	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.90%	10.88%	+2.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	22.44%	-9.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.90%	19.08%	-6.18%

RAUS vs. DFND - Expense Ratio Comparison

RAUS has a 0.00% expense ratio, which is lower than DFND's 1.50% expense ratio.

Dividends

RAUS vs. DFND - Dividend Comparison

RAUS's dividend yield for the trailing twelve months is around 0.23%, 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%
RAUS RACWI US ETF	0.23%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RAUS and DFND in my portfolio?

RAUS and DFND have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RAUS or DFND?

On fees, RAUS is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RAUS or DFND?

RAUS is cheaper with a 0.00% expense ratio, compared with 1.50% for DFND.

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

DFND has the higher dividend yield at 0.62%, compared with 0.23% for RAUS.

What is the main difference between RAUS and DFND?

RAUS tracks RACWI US Index, while DFND tracks Siren DIVCON Dividend Defender Index. They also come from different issuers: RAFI Indices and SRN Advisors. Their fees differ too: 0.00% for RAUS and 1.50% for DFND.