A composition having three components. The first component is from 20 to 80 wt % of a styrene-diene block copolymer having from 10-30 wt % polymerized units of styrene, wherein the block copolymer is present as a dispersion of copolymer in water, and the dispersion contains less than 5 wt % organic solvent based on total dispersion weight. The second component is from 0.5 to 20 wt % of a plasticizer. The third component is from 20 to 80 wt % of a tackifier.