LeaderShares Dynamic Yield ETF
$22.12+0.11 (+0.50%)
- 0.75%
- $35M
- +1.4%
- 4.22%
- 0M sh
- $22.07
- low $21.88high $22.90
The ETF.net DYLD Grade
D
Score 27 out of 100
- 77 of 85
Score 27 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F8 out of 100Rank 78 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.C43 out of 100Rank 64 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 52 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F21 out of 100Rank 77 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F24 out of 100Rank 77 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 66 of 85
Our read on DYLD
DA go-anywhere income fund in a corner of the market ruled by index trackers. No benchmark to hug: the manager can move across corporate bonds, bank loans, securitized paper and sovereigns in pursuit of current income, and pays monthly.
The Fund seeks current income.
Why people hold it
- No index to hug. The mandate lets it roam corporate bonds, Treasuries and agencies, bank loans, convertibles, asset-backed and mortgage-backed paper, foreign sovereigns and private debt.sec.govsec.gov
- One job, stated plainly: current income. Net investment income goes out monthly, with realized capital gains typically distributed once a year in December.
- At least 80% of assets stay in a diversified pool of fixed income instruments, so the flexibility works inside a defined bond sandbox rather than drifting somewhere else entirely.sec.gov
- Ordinary 1940 Act fund structure: exchange-traded shares, 1099 tax reporting rather than a K-1.
Worth knowing
- 0.75% a year is the toll for the active mandate. The index-tracking core bond funds at the top of this group, BND and SPAB among them, charge a small fraction of that.
- Small asset base and thin trading, so spreads can run wider than in the giant core bond ETFs. Order size and timing matter more here.
- In a crowded aggregate-bond field, it sits in the lower ranks, where cheap, broad index trackers set the bar.
DYLD Holdings
- Bonds
- 169
- 64%
- B 01/07/27
Sectors
- Government59.7%
- Corporate40.3%
Geography
- United States97.34%
- United Kingdom0.97%
- Canada0.85%
- Cayman Islands0.29%
- Netherlands0.23%
- France0.22%
- Bermuda0.09%
DYLD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
DYLD$10,135
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DYLD |
|---|---|
| Year to date | +0.7% |
| 1 month | 0.0% |
| 3 months | −0.2% |
| 1 year | +1.4% |
| 3 years | +4.9% |
| 5 years | +1.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DYLD |
|---|---|---|
| 2026 YTD | +0.7% | |
| 2025 | +5.0% | |
| 2024 | +3.7% | |
| 2023 | +6.3% | |
| 2022 | −10.7% | |
| 2021 | +1.4% |
DYLD in the news
DYLD Dividends
- 4.22%
- $0.93
- $0.07 per share
- Monthly
Distribution history
DYLD Risk
- 3.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.05
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −14.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.54
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DYLD Cost
0.75%
DYLD0.75%
- The middle half of US High Yield funds
- Median 0.43%
77 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- DCDXSimplify High Yield ETFExpense ratio 0.50%1 year return −2.9%
- DMANIMan Active Income ETFExpense ratio 0.85%1 year return +9.2%
- DHYBXTCW High Yield Bond ETFExpense ratio 0.50%1 year return +2.4%
- DMUSETCW Multisector Credit Income ETFExpense ratio 0.56%1 year return +3.4%
- FPCHIPolen High Income ETFExpense ratio 0.66%1 year return +1.0%