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ETFs

Siren DIVCON Leaders Dividend ETF

LEAD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 06 2016
Expense Ratio
0.43%
Type
US Equities
Fund Owner
Siren ETF
Volume (1m avg. daily)
$858,748
AUM
$46,770,145
Associated Index
Siren DIVCON Leaders Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AVGO
Broadcom Inc
3.63%
ODFL
Old Dominion Freight Line, Inc.
3.34%
SNA
Snap-on, Inc.
3.31%
LRCX
Lam Research Corp.
3.27%
MPWR
Monolithic Power System Inc
2.78%
PSX
Phillips 66
2.73%
MA
Mastercard Incorporated - Ordinary Shares - Class A
2.72%
LIN
Linde Plc.
2.68%
GWW
W.W. Grainger Inc.
2.61%
POOL
Pool Corporation
2.56%
Invest with LEAD

What is LEAD?

The investment objective of the Siren DIVCON Leaders Dividend ETF (the DIVCON Leaders Dividend ETF or the Fund ) is to seek long-term capital appreciation by tracking the performance, before fees and expenses, of the Siren DIVCON Leaders Dividend Index (the Index ). The Index utilizes Reality Shares Inc. s proprietary DIVCON methodology, a forward-looking dividend rating system designed to identify companies among the 500 largest U.S. companies by market capitalization with the highest probability to increase their dividends in a 12-month period based on seven quantitative factors.

ETFs related toLEAD

ETFs correlated to LEAD include DSTL, JHML, SUSA

LEAD
Siren ETF Trust - Siren DIVCON Leaders Dividend ETF
DSTL
ETF Series Solutions Trust - Distillate U.S. Fundamental Stability & Value ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
SUSA
BlackRock Institutional Trust Company N.A. - MSCI USA ESG Select ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
DUHP
Dimensional ETF Trust - Dimensional US High Profitability ETF
AVSU
American Century ETF Trust - Avantis Responsible U.S. Equity ETF
QUAL
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Quality Factor ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF
TPLC
Timothy Plan - Timothy Plan US Large/Mid Cap Core ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toLEAD

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with LEAD using Composer

FAQ

LEAD is a US Equities ETF. The investment objective of the Siren DIVCON Leaders Dividend ETF (the DIVCON Leaders Dividend ETF or the Fund ) is to seek long-term capital appreciation by tracking the performance, before fees and expenses, of the Siren DIVCON Leaders Dividend Index (the Index ). The Index utilizes Reality Shares Inc. s proprietary DIVCON methodology, a forward-looking dividend rating system designed to identify companies among the 500 largest U.S. companies by market capitalization with the highest probability to increase their dividends in a 12-month period based on seven quantitative factors.

LEAD tracks the Siren DIVCON Leaders Dividend Index.

LEAD dividend information: Dividend - Change / Surprise. Dividend payouts may vary in terms of frequency of payouts.

No, LEAD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, LEAD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on LEAD is -0.0145%. This is the percent change in the value of LEAD over the most recent 1-month period. The 3-month return on LEAD is 0.0199%. This is the percent change in the value of LEAD over the most recent 3-month period.

The standard deviation of LEAD for the past year is 0.1869%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to LEAD include VIG, VYM, and DFAS.

ETFs correlated to LEAD include DSTL, JHML, and SUSA.

ETFs that are inversely correlated to LEAD include SDS, SH, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.