Siren DIVCON Competition
| LEAD Etf | USD 76.78 -0.95 -1.22% |
Siren DIVCON vs Madison ETFs Correlation Details
Poor diversification
The correlation between LEAD and DIVL is 0.78, which Macroaxis classifies as Poor diversification for the selected horizon. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
Moving together with Siren Etf
Moving against Siren Etf
| 0.37 | FNGU | MicroSectors FANG Index Symbol Change | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Siren DIVCON's price to converge to an average value over time is called mean reversion.
Siren DIVCON Competition Correlation Matrix
Reviewing how Siren DIVCON Leaders moves relative to competing etfs can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. Used correctly, correlation analysis helps separate broad industry exposure from company-specific behavior before additional capital is allocated across the peer group.
High positive correlations
| High negative correlations
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Siren DIVCON Constituents Risk-Adjusted Indicators
There is a big difference between Siren Etf performing well and Siren DIVCON ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Siren DIVCON's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UMAY | 0.13 | 0.02 | 0.46 | 0.00 | 0.15 | 0.22 | 0.76 | |||
| TDSB | 0.38 | 0.01 | 0.15 | 0.06 | 0.57 | 0.73 | 2.43 | |||
| IGTR | 0.80 | -0.01 | 0.00 | -0.16 | 0.00 | 1.76 | 5.84 | |||
| JUNM | 0.08 | -0.01 | 0.64 | -2.58 | 0.11 | 0.15 | 0.61 | |||
| WOMN | 0.50 | -0.11 | 0.00 | 1.26 | 0.00 | 0.98 | 3.25 | |||
| WLTG | 0.72 | -0.07 | 0.00 | 3.67 | 0.00 | 1.18 | 4.29 | |||
| NVBW | 0.28 | -0.04 | 0.00 | 8.82 | 0.00 | 0.45 | 1.93 | |||
| OILK | 1.47 | 0.65 | 0.43 | -3.75 | 1.10 | 4.19 | 8.64 | |||
| SPXN | 0.62 | -0.08 | 0.00 | 18.82 | 0.00 | 0.97 | 4.30 | |||
| DIVL | 0.54 | 0.04 | 0.18 | -0.59 | 0.71 | 1.16 | 3.13 |
Siren DIVCON Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
Siren DIVCON Competition Peer Performance Charts
How to Analyze Siren DIVCON Against Peers
Siren DIVCON's peer analysis compares Siren DIVCON with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Siren DIVCON trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Siren DIVCON leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Peer analysis for Siren DIVCON uses the most recent available fundamentals rather than static annual comparisons, improving relevance as conditions evolve. EPS growth trajectory comparison for Siren DIVCON versus peers focuses on structural earnings expansion rather than single-quarter surprises. Income sustainability for Siren DIVCON looks different when placed in context against peer group payout and retention trends. All figures are based on reported data and are informational in nature. Relative comparison helps show where Siren DIVCON is stronger or weaker against peers.
Unless otherwise specified, data for Siren DIVCON Leaders is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.