DFND

Siren DIVCON Dividend Defender ETF
*Unless otherwise stated, data provided by FactSet.

DFND Fund Description

DFND tracks an index of dividend-paying US large-cap stocks that are likely to increase dividends, while shorting those that are unlikely to do so. At rebalance, the fund is 75% long, 25% short.

DFND Factset Analytics Insight

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.

PERFORMANCE [as of 06/24/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DFND 2.86% -6.80% -18.30% -7.62% 5.26% 6.35% --
DFND (NAV) 3.16% -6.71% -17.47% -6.95% 5.44% 6.47% --
MSCI USA Large Cap Index -0.01% -13.53% -18.11% -8.39% 11.99% 12.20% 13.69%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DFND Summary Data

SRN Advisors
Siren
01/14/16
Open-Ended Fund
1.50%
$26.55M
$192.67K
1.09%

DFND Portfolio Data

$143.94B
16.73
5.12
0.03%
N/A
68

DFND Index Data

Siren DIVCON Dividend Defender Index
Proprietary
Proprietary
MSCI USA Large Cap Index

DFND Portfolio Management

1.50%
--
--
--

DFND Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

DFND Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

DFND Factset Analytics Block Liquidity

As of 06/27/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DFND. DFND is rated a 5 out of 5.

DFND Tradability

5,530
$192.67K
2,870
$101.90K
1.09%
$0.37
-0.04%
0.95% / -3.31%
None
100.00%
25,000
0.11
0.05%
0.00%
0
$34.59
5

DFND Sector/Industry Breakdown


DFND
Segment Benchmark
21.43%
--
15.82%
--
8.45%
--
8.00%
--
7.36%
--
6.05%
--
4.94%
--
4.38%
--
4.05%
--
3.77%
--

DFND Countries


DFND
Segment Benchmark
98.46%
99.89%
1.54%
0.11%

DFND Regions


DFND
Segment Benchmark
100.00%
100.00%

DFND Economic Development


DFND
Segment Benchmark
100.00%
100.00%

DFND Performance Statistics

0.65
0.56
0.54
0.52
0.72%
MSCI USA Large Cap Index

DFND Benchmark Comparison Holdings

68
296
42
16.40%

DFND Benchmark Comparison Summary


DFND
Segment Benchmark
68
296
$143.94B
$608.31B
16.73
21.94
5.12
4.53
1.35%
1.45%
Low
Low

DFND Benchmark Comparison Market Cap Size


DFND
Segment Benchmark
94.14%
99.91%
5.86%
0.09%
0.00%
0.00%
0.00%
0.00%