STEN vs. DYNF

Last updated Jun 4, 2026

STEN (iShares Large Cap 10% Target Buffer Sep ETF) and DYNF (BlackRock U.S. Equity Factor Rotation ETF) are both exchange-traded funds - STEN is a Defined Outcome fund actively managed by BlackRock, while DYNF is a Large Cap Growth Equities fund actively managed by BlackRock. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. STEN charges 0.50%/yr vs 0.30%/yr for DYNF.

Performance

STEN vs. DYNF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Large Cap 10% Target Buffer Sep ETF (STEN) and BlackRock U.S. Equity Factor Rotation ETF (DYNF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STEN achieves a 7.79% return, which is significantly lower than DYNF's 11.55% return.

STEN

• 1D: -0.30%
• 1M: 3.31%
• YTD: 7.79%
• 6M: 8.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DYNF

• 1D: -0.57%
• 1M: 5.74%
• YTD: 11.55%
• 6M: 11.74%
• 1Y: 30.19%
• 3Y*: 26.22%
• 5Y*: 15.04%
• 10Y*: —

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

STEN vs. DYNF - Yearly Performance Comparison

	2026 (YTD)	2025
STEN iShares Large Cap 10% Target Buffer Sep ETF	7.79%	2.05%
DYNF BlackRock U.S. Equity Factor Rotation ETF	11.55%	2.93%

Correlation

The correlation between STEN and DYNF is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.96

Return for Risk

STEN vs. DYNF — Risk / Return Rank

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

DYNF

DYNF Risk / Return Rank: 73
DYNF Sharpe Ratio Rank: 73
DYNF Sortino Ratio Rank: 71
DYNF Omega Ratio Rank: 71
DYNF Calmar Ratio Rank: 69
DYNF Martin Ratio Rank: 83

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.

STEN vs. DYNF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Large Cap 10% Target Buffer Sep ETF (STEN) and BlackRock U.S. Equity Factor Rotation ETF (DYNF). 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

	STEN	DYNF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.44	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.67	0.83	+0.84

Drawdowns

STEN vs. DYNF - Drawdown Comparison

The maximum STEN drawdown since its inception was -6.21%, smaller than the maximum DYNF drawdown of -34.72%. Use the drawdown chart below to compare losses from any high point for STEN and DYNF.

Drawdown Indicators

	STEN	DYNF	Difference
Max Drawdown Largest peak-to-trough decline	-6.21%	-34.72%	+28.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.67%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.65%	—
Current Drawdown Current decline from peak	-0.30%	-0.57%	+0.27%
Average Drawdown Average peak-to-trough decline	-0.92%	-5.98%	+5.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.78%	—

Volatility

Volatility by Period

	STEN	DYNF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.55%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.24%	12.44%	-3.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.24%	17.50%	-8.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.24%	19.90%	-10.66%

STEN vs. DYNF - Expense Ratio Comparison

STEN has a 0.50% expense ratio, which is higher than DYNF's 0.30% expense ratio.

Dividends

STEN vs. DYNF - Dividend Comparison

STEN's dividend yield for the trailing twelve months is around 0.29%, less than DYNF's 0.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DYNF BlackRock U.S. Equity Factor Rotation ETF	0.89%	1.01%	0.65%	1.11%	1.66%	2.89%	1.52%	1.22%
STEN iShares Large Cap 10% Target Buffer Sep ETF	0.29%	0.31%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STEN and DYNF in my portfolio?

With a correlation of 0.96, STEN and DYNF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, STEN or DYNF?

On fees, DYNF is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, STEN or DYNF?

DYNF is cheaper with a 0.30% expense ratio, compared with 0.50% for STEN.

Which ETF pays a higher dividend yield, STEN or DYNF?

DYNF has the higher dividend yield at 0.89%, compared with 0.29% for STEN.

What is the main difference between STEN and DYNF?

STEN is categorized as Defined Outcome, while DYNF is Large Cap Growth Equities. Their fees differ too: 0.50% for STEN and 0.30% for DYNF.