Siren DIVCON Leaders Dividend ETF
LEAD
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Daniel O'Neill
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2600 Philmont Avenue Huntingdon Valley PA United States of America 19006
- IPO Date
- Jan 6, 2016
- CIK
- 0001796383
- Website
- sirenetfs.com
- Similar Companies
- Business
- Siren DIVCON Leaders Dividend ETF (LEAD) is an exchange-traded fund that seeks long-term capital appreciation by tracking the performance, before fees and expenses, of the Siren DIVCON Leaders Dividend Index. The index utilizes a proprietary DIVCON methodology, a forward-looking dividend rating system that identifies companies among the 500 largest U.S. firms by market capitalization with the highest probability of increasing their dividends over a 12-month period, based on seven quantitative factors; it selects at least 30 such high-quality dividend growers, weighted by their DIVCON scores, focusing primarily on U.S. large-cap equities in developed North American markets. The fund holds approximately 58 securities, including top holdings such as Costco Wholesale Corp., Broadcom Inc., Quanta Services Inc., NVIDIA Corp., and Cintas Corp., and maintains a net expense ratio of 0.43% with assets under management around $50-61 million. Launched on January 6, 2016, the ETF is managed by SRN Advisors, LLC (formerly associated with Reality Shares), with Scott Freeze as fund manager since November 2020; it trades on the BATS exchange (now CBOE) and is domiciled in the United States, primarily serving retail and institutional investors seeking exposure to dividend growth strategies without active security selection. The fund remains fully invested in index components or derivatives like swaps, futures, options, and other ETFs to replicate index performance, regardless of market conditions, resulting in significant sector exposure to areas such as technology, industrials, and consumer discretionary. In a major recent development, SRN Advisors announced on December 5-8, 2025, the reorganization of the Siren DIVCON Dividend Defender ETF (DFND) into LEAD, approved by the Siren ETF Trust Board without shareholder vote; the tax-free transaction, expected to close around December 15, 2025, transfers DFND's assets and liabilities to LEAD in exchange for equivalent net asset value shares, enhancing LEAD's scale and positioning. This strategic consolidation reflects SRN's focus on optimizing its dividend-focused ETF lineup amid evolving market dynamics, with no other significant acquisitions, partnerships, funding rounds, or product launches reported in the past 1-2 years. Operations remain centered in Huntingdon Valley, Pennsylvania, under SRN Advisors, LLC, with administrative support from U.S. Bancorp Fund Services, LLC and custody by U.S. Bank, N.A.