Key stats
About Siren DIVCON Dividend Defender ETF
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Inception date
Jan 14, 2016
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SRN Advisors LLC
DFND holds US large-cap stocks with rising dividends, while shorting those without. The issuer uses a proprietary model to score the 500 largest US firms on their likelihood of increasing dividends in the next year. Holdings for both the long and short p portfolios are selected and weighted by this score, known as the DIVCON dividend health score. Scoring is algorithmic, but the metrics used are undisclosed. Note that stocks with high DIVCON scores are expected to raise their dividends, but aren't necessarily high dividend payers. The fund was acquired by SRN Advisors. Prior to Nov. 23, 2020, the fund and index names were Reality Shares DIVCON Dividend Defender ETF and Index changed from Reality Shares DIVCON Dividend Defender Index, respectively.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Cash
Mutual fund
Stocks82.72%
Finance11.90%
Technology Services9.54%
Electronic Technology8.41%
Health Technology7.61%
Producer Manufacturing5.56%
Process Industries3.62%
Commercial Services3.36%
Retail Trade2.99%
Transportation2.72%
Miscellaneous1.93%
Distribution Services1.92%
Industrial Services1.90%
Consumer Durables1.65%
Consumer Non-Durables1.21%
Consumer Services0.52%
Bonds, Cash & Other17.28%
Cash29.30%
Mutual fund15.56%
Miscellaneous−27.58%
Stock breakdown by region
North America90.23%
Europe9.77%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DFND invests in stocks. The fund's major sectors are Finance, with 15.18% stocks, and Technology Services, with 12.18% of the basket. The assets are mostly located in the North America region.
DFND last dividends amounted to 0.21 USD. The quarter before, the issuer paid 0.15 USD in dividends, which shows a 26.58% increase.
DFND assets under management is 9.80 M USD. It's risen 4.28% over the last month.
DFND fund flows account for −983.38 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DFND pays dividends to its holders with the dividend yield of 1.17%. The last dividend (Mar 24, 2025) amounted to 0.21 USD. The dividends are paid quarterly.
DFND shares are issued by SRN Advisors LLC under the brand Siren. The ETF was launched on Jan 14, 2016, and its management style is Passive.
DFND expense ratio is 1.63% meaning you'd have to pay 1.63% of your investment to help manage the fund.
DFND follows the Siren DIVCON Dividend Defender Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DFND invests in stocks.
DFND price has risen by 6.50% over the last month, and its yearly performance shows a 4.55% increase. See more dynamics on DFND price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.06% over the last month, showed a 1.54% increase in three-month performance and has increased by 5.34% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.06% over the last month, showed a 1.54% increase in three-month performance and has increased by 5.34% in a year.
DFND trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.