Siren DIVCON Leaders Dividend ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$64.51
- Net Assets:$0 Million
- NAV:$65.15
- Premium-0.98%
- Peer Rank:110 of 397
- Investment Rating:B+
- Performance:B+
- RiskC+
We rate Siren DIVCON Leaders Dividend at B+. Positive factors that influence this rating include a well above average total return, low price volatility and low expense structure. The fund may be considered for investors seeking an Equity Income strategy.
Total return ranks very high in comparison with peers over the last three years. The Siren DIVCON Leaders Dividend has returned an annual rate of 14.63% since inception. More recently, the fund has generated a total return of 16.33% in the last five years, 13.13% in the last three years, and 24.63% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 95% of them. It has also outpaced 92% of its competitors on a three year basis and 85% of them over the last year for the period ending 2/29/2024. On a year to date basis, LEAD has returned 7.12%.
Downside risk has been below average. LEAD has a draw down risk of -25.17%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 18.8%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As LEAD is an exchange traded fund, it has no front end or back end load.
The Siren DIVCON Leaders Dividend is managed by Scott J. Freeze at SRN Advisors LLC. This fund is one of 3 SRN Advisors LLC exchange-traded funds launched since 1/5/2016 that we track.