Siren Divcon Leaders Etf Profile
| LEAD Etf | USD 71.01 0.65 0.92% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Siren DIVCON is trading at 71.01 as of the 26th of November 2024, a 0.92 percent increase since the beginning of the trading day. The etf's lowest day price was 70.47. Siren DIVCON has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Siren DIVCON Leaders are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds net assets will be invested in component securities of the benchmark index. Siren Divcon is traded on BATS Exchange in the United States. More on Siren DIVCON Leaders
Moving together with Siren Etf
| 0.91 | VTI | Vanguard Total Stock | PairCorr |
| 0.93 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.93 | IVV | iShares Core SP | PairCorr |
| 0.97 | VIG | Vanguard Dividend | PairCorr |
| 0.92 | VV | Vanguard Large Cap | PairCorr |
| 0.94 | RSP | Invesco SP 500 | PairCorr |
Moving against Siren Etf
Siren Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Jakarta Stock Exchange, Large Cap ETFs, Size And Style ETFs, Large Blend, SRN Advisors (View all Sectors) |
| Issuer | SRN Advisors |
| Inception Date | 2016-01-06 |
| Benchmark | Siren DIVCON Leaders Dividend Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 59.38 Million |
| Average Trading Valume | 1,875.7 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | SRN Advisors, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Scott Freeze |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 59.0 |
| Market Maker | Latour Trading |
| Total Expense | 0.43 |
| Management Fee | 0.43 |
| Country Name | USA |
| Returns Y T D | 16.46 |
| Name | Siren DIVCON Leaders Dividend ETF |
| Currency Code | USD |
| Open Figi | BBG00BT76WT0 |
| In Threey Volatility | 18.37 |
| 1y Volatility | 14.02 |
| 200 Day M A | 65.7389 |
| 50 Day M A | 69.4511 |
| Code | LEAD |
| Updated At | 25th of November 2024 |
| Currency Name | US Dollar |
Siren DIVCON Leaders [LEAD] is traded in USA and was established 2016-01-06. The fund is listed under Large Blend category and is part of SRN Advisors family. The entity is thematically classified as Large Cap ETFs. Siren DIVCON Leaders now have 36.15 M in assets. , while the total return for the last 3 years was 7.1%.
Check Siren DIVCON Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Siren Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Siren Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Siren DIVCON Leaders Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Siren DIVCON Leaders Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| MCO | Moodys | Stock | Financials | |
| STLD | Steel Dynamics | Stock | Materials | |
| LUV | Southwest Airlines | Stock | Industrials | |
| GWW | WW Grainger | Stock | Industrials | |
| RMD | ResMed Inc | Stock | Health Care | |
| INTU | Intuit Inc | Stock | Information Technology | |
| TSCO | Tractor Supply | Stock | Consumer Discretionary |
Siren DIVCON Leaders Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Siren DIVCON. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0781 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.05) |
Siren DIVCON Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Siren DIVCON Leaders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of Siren DIVCON Leaders is measured differently than its book value, which is the value of Siren that is recorded on the company's balance sheet. Investors also form their own opinion of Siren DIVCON's value that differs from its market value or its book value, called intrinsic value, which is Siren DIVCON's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Siren DIVCON's market value can be influenced by many factors that don't directly affect Siren DIVCON's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Siren DIVCON's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siren DIVCON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siren DIVCON's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.