CONY vs DFND
YieldMax COIN Option Income Strategy ETF vs Siren DIVCON Dividend Defender ETF
Which is better, CONY or DFND?
Each has led over a different period.
CONY has a lower expense ratio. CONY led over the full window, DFND over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CONY | DFND |
|---|---|---|
| Expense Ratio | 1.04%Best | 1.75% |
| AUM | $381M | $9M |
| Dividend Yield | 119.91% | 0.95% |
| Holdings | 17 | 78 |
| Volatility (annualized) | 65.0% | 14.0%Best |
| Max Drawdown | -50.3% | -12.6%Best |
| $10,000 over 2.3 years | $18,766Best | $11,825 |
| Fund Family | YieldMax ETF | SRN Advisors |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Aug 14, 2023 | Jan 14, 2016 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 306 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CONY has data through Oct 14, 2026 and DFND through Dec 12, 2025.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Aug 15, 2023 to Dec 12, 2025 (2.3 years).
Risk: Volatility and Drawdowns
CONY has been the more volatile fund, with annualized monthly volatility of 65.0% compared with 14.0% for DFND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -50.3% for CONY and -12.6% for DFND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CONY charges 1.04% per year while DFND charges 1.75%. On a $10,000 position that is $104 vs $175 annually, a gap of $71 per year that compounds over a long holding period. On income, CONY currently yields 119.91% against 0.95% for DFND.
You are not choosing between two funds in isolation.
Whichever of CONY and DFND you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CONY or DFND?
CONY has an expense ratio of 1.04% while DFND charges 1.75%. CONY is the cheaper option, by $71 a year on a $10,000 investment.
Which is riskier, CONY or DFND?
CONY has been the more volatile fund at 65.0% annualized versus 14.0% for DFND. Worst drawdown: CONY -50.3% vs DFND -12.6%.
Should I hold both CONY and DFND?
CONY and DFND have a monthly-return correlation of 0.30, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CONY or DFND?
CONY yields 119.91% while DFND yields 0.95%, so CONY currently pays the higher dividend yield.
Is DFND better than CONY?
CONY has a lower expense ratio. CONY led over the full window, DFND over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.