USEW vs. DFND

Last updated Jul 12, 2026

USEW (Cambria U.S. Equal Weight ETF) and DFND (Siren DIVCON Dividend Defender ETF) are both Large Cap Blend Equities funds. USEW is actively managed, while DFND is passively managed. USEW charges 0.25%/yr vs 1.50%/yr for DFND.

Performance

USEW vs. DFND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria U.S. Equal Weight ETF (USEW) and Siren DIVCON Dividend Defender ETF (DFND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USEW

• 1D: 0.29%
• 1M: 2.79%
• 6M: 8.79%
• YTD: 11.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFND

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USEW vs. DFND - Yearly Performance Comparison

	2026 (YTD)	2025
USEW Cambria U.S. Equal Weight ETF	11.02%	0.51%
DFND Siren DIVCON Dividend Defender ETF	0.00%	0.00%

Return for Risk

USEW vs. DFND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria U.S. Equal Weight ETF (USEW) 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.

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

Drawdowns

Drawdown Indicators

	USEW	DFND	Difference
Max Drawdown Largest peak-to-trough decline	-7.85%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-1.24%	—	—

Volatility

Volatility by Period

	USEW	DFND	Difference
Volatility (1Y) Calculated over the trailing 1-year period	12.69%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.69%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.69%	—	—

USEW vs. DFND - Expense Ratio Comparison

USEW has a 0.25% expense ratio, which is lower than DFND's 1.50% expense ratio.

Dividends

USEW vs. DFND - Dividend Comparison

USEW's dividend yield for the trailing twelve months is around 0.55%, while DFND has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFND Siren DIVCON Dividend Defender ETF	0.29%	1.10%	1.64%	1.84%	0.29%	0.00%	0.00%	0.77%	0.53%	0.02%
USEW Cambria U.S. Equal Weight ETF	0.55%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, USEW or DFND?

On fees, USEW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USEW or DFND?

USEW is cheaper with a 0.25% expense ratio, compared with 1.50% for DFND.

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

USEW has the higher dividend yield at 0.55%, compared with 0.29% for DFND.

What is the main difference between USEW and DFND?

They also come from different issuers: Cambria and SRN Advisors. Their fees differ too: 0.25% for USEW and 1.50% for DFND.