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Launched · SEC filings

Defender Risk Adaptive 500 ETF

SPDFCboeC

$27.59−0.13 (−0.45%)

As of Nov 2, 2026, 3:57 PM ET

C50/ 100

Rank 10 of 20 in Trend-Following / Tactical Index

C50/100Rank 10 of 20inTrend-Following / Tactical Index
Intraday session: down, 78 prints from 27.72 to 27.59. Range 27.59 to 27.91. Use the arrow keys to read each point.27.6527.8027.8527.9010 AM12 PM2 PM4 PM
Expense ratio
0.69%
Fund size
$37M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
12.4K sh
52W range
low $25.46high $29.21
Launched
Filings
SEC EDGAR

The ETF.net SPDF Grade

Based on 5 of 6 pillars

C

Score 50 out of 100

Category
Trend-Following / Tactical Index⁠
Rank
10 of 20
Six-pillar profile for SPDF. Scores out of 100: Cost 45, Risk 93, Mission not scored, Tradability 41, Holdings 38, Durability 10. Strongest: Risk (93). Weakest: Durability (10). Based on 5 of 6 pillars.

Score 50 of 100 falls in the C 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.
    C45 out of 100
    Rank 11 of 20

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A93 out of 100
    Rank 1 of 20

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 12 of 20

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D38 out of 100
    Rank 16 of 20

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F10 out of 100
    Rank 20 of 20

SPDF Performance

Launched Apr 14, 2026

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.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
SPDF$10,113
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. SPDF $10,113. SPY $10,141. Use the arrow keys to read each point.$10,000$10,200$10,400Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for SPDF. Periods over one year show the average yearly return.
PeriodSPDF
Year to dateFund launched this yearNo data
1 month−1.1%
3 months+1.1%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SPDF
YearReturn barSPDF
2026 YTD+8.1%

History from Apr 15, 2026

SPDF in the news

SPDF Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Apr 2026. No distributions yet.

SPDF Risk

Risk pillarA93 out of 100Rank 1 of 20 in Trend-Following / Tactical Index
How much the fund’s monthly returns vary, scaled to a year.
Launched Apr 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Apr 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Apr 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.99
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SPDF Cost

Compare SPDF and WAMA

Overpaying vs WAMA, cheapest in Trend-Following / Tactical Index

$6,692

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SPDF 0.69%

    $13,429

  • WAMA 0.33% Cheapest

    $6,737

$10,000
30 years

Cost over time

  • SPDF 0.69%
  • WAMA 0.33%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SPDF $13,429WAMA $6,737

Year by year

YearSPDFWAMAOverpaying
10$1,232$598$634
20$4,697$2,318$2,379
30$13,429$6,737$6,692

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