LEAD
Siren DIVCON Leaders Dividend ETF
LEAD tracks an index of dividend-paying US large-cap stocks that are deemed likely to increase their dividends in the next twelve months.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 72.4 M
ASSETS UNDER MGMT
43 bp
EXPENSES
Fund Basics
| Inception date | Jan 07, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| QUANTA SERVICES INC | 6.6 % |
| BROADCOM INC. | 6.6 % |
| NVIDIA CORP | 5.3 % |
| KLA CORPORATION | 5.2 % |
| CASH & OTHER | 4.0 % |
| COSTCO WHOLESALE CORP | 3.9 % |
| LAM RESEARCH CORP | 3.8 % |
| APPLIED MATERIALS INC | 2.4 % |
| ANALOG DEVICES INC | 2.3 % |
| EMCOR GROUP INC | 2.2 % |
Constituent Breakdown
| Number of holdings | 52 |
| Herfindahl-Hirschman Index | 289 |
| Wgt avg mkt cap (mns) | $534,449 |
| Large cap (>$10bn) | 95.7% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 94.5% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 89.9 % |
 |
IRELAND | 3.3 % |
 |
SWITZERLAND | 1.3 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 12.8% | 23.3% | 16.7% | 18.2% | 10.4% | -- | -- | 13.2% |
| Dividend Yield | 0.0% | 0.7% | 0.8% | 1.0% | 1.3% | -- | -- | 1.3% |
| Total Returns | 12.8% | 23.9% | 17.5% | 19.2% | 11.7% | -- | -- | 14.4% | Ann. Volatility | 16.8% | 14.6% | 16.6% | 15.4% | 17.3% | -- | -- | 21.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.09 | 78% |
| MSCI EAFE | 0.71 | 54% |
| MSCI Emg Mkts | 0.53 | 53% |
Liquidity Measures
| Avg. volume (000) | 1 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.14% |
Technical Indicators
| 30d moving avg. (EMA) | $84.41 |
| Relative strength (RSI) | 59 |
| MACD/Signal | 0.79/0.86 |
| Bollinger Bands (Upper/Lower) | $86.72/$83.79 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. LEAD |
Expenses vs. LEAD |
ALTAR Score™ vs. LEAD |
|---|---|---|---|---|
| STXD | Strive 1000 Dividend Growth ETF | 37.3% | -8 bp | +0.6% |
| XPND | First Trust Expanded Technology ETF | 30.8% | +22 bp | -1.0% |
| RDVY | First Trust Rising Dividend Achievers ETF | 30.5% | +7 bp | +1.8% |
| PSET | Principal Quality ETF | 29.4% | -28 bp | +1.5% |
| LCOW | Pacer S&P 500 Quality FCF Aristocrats ETF | 28.8% | +6 bp | +1.6% |
| VIG | Vanguard Dividend Appreciation ETF | 28.7% | -38 bp | +1.1% |
| QUAL | iShares MSCI USA Quality Factor ETF | 28.2% | -28 bp | +0.7% |
| CGUS | Capital Group Core Equity ETF | 26.9% | -10 bp | -0.1% |
| SOXQ | Invesco PHLX Semiconductor ETF | 26.8% | -24 bp | -2.2% |
| AMOM | Qraft AI-Enhanced U.S. Large Cap Momentum ETF | 26.8% | +32 bp | -1.5% |
Risk and Returns: LEAD vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/30/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
4.3%
ALTAR SCORE™
32nd
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,400 funds in the US Equity category with an average
ALTAR Score™ of 5.3% and a standard deviation
of 2.1%. LEAD's ALTAR Score™ is approximately -0.5 standard
deviations above the category average. This places LEAD in the 32nd percentile
among funds in the category.
Sell-Side Consensus
$92.94
PRICE TARGET
+8.1%
UPSIDE