- Issuer
- WEBs
- Inception Date
- Jul 22, 2025
- Region
- North America (U.S.)
- Category
- Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Syntax Defined Volatility XLE Index
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Highlights
- Avg. Volume (1M)
- 324
- Avg. Volume Value (1M)
- $12.40K
Share Price Chart
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Performance
DVXE Performance Chart
WEBs Energy XLE Defined Volatility ETF (DVXE) is up 50.6% since the beginning of the year. DVXE is currently trading at $40 per share.
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Returns By Period
WEBs Energy XLE Defined Volatility ETF (DVXE) has returned 50.61% so far this year and 61.29% over the past 12 months.
WEBs Energy XLE Defined Volatility ETF
- 1D
- 1.38%
- 1M
- 15.67%
- 6M
- 26.93%
- YTD
- 50.61%
- 1Y
- 61.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 55.89%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
DVXE Monthly Returns History
Based on dividend-adjusted daily data since Jul 23, 2025, DVXE's average daily return is +0.19%, while the average monthly return is +3.95%. At this rate, an investment would double in approximately 1.5 years.
Historically, 54% of months were positive and 46% were negative. The best month was Jan 2026 with a return of +18.7%, while the worst month was May 2026 at -6.6%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 3 months.
On a daily basis, DVXE closed higher 57% of trading days. The best single day was Feb 3, 2026 with a return of +4.2%, while the worst single day was Apr 1, 2026 at -6.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 18.65% | 13.15% | 17.83% | -6.09% | -6.64% | -6.38% | 16.00% | 50.61% | |||||
| 2025 | 0.67% | 7.57% | -1.67% | -4.00% | 4.02% | -1.74% | 4.49% |
Benchmark Metrics
WEBs Energy XLE Defined Volatility ETF has an annualized alpha of 69.84%, beta of -0.23, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since July 23, 2025.
- This ETF captured 36.80% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -822.67%) - a profile typical of hedging or uncorrelated assets.
- Beta of -0.23 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 69.84%
- Beta
- -0.23
- R²
- 0.01
- Upside Capture
- 36.80%
- Downside Capture
- -822.67%
Expense Ratio
DVXE has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DVXE ranks 68 for risk / return — above 68% of ETFs peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for WEBs Energy XLE Defined Volatility ETF (DVXE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DVXE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 2.00 | +0.59 |
| Martin ratioReturn relative to average drawdown | 6.05 | 8.49 | -2.44 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the WEBs Energy XLE Defined Volatility ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the WEBs Energy XLE Defined Volatility ETF was 21.83%, occurring on Jul 1, 2026. The portfolio has not yet recovered.
The current WEBs Energy XLE Defined Volatility ETF drawdown is 8.57%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-21.83%Jul 2026 | 3mo 3d | — | 4mo 5dMar 2026 - now | — |
-13.10%Oct 2025 | 17d | 2mo 21d | 3mo 8dSep 2025 - Jan 2026 | — |
-9.08%Aug 2025 | 12d | 16d | 28dJul 2025 - Aug 2025 | — |
-7.21%Sep 2025 | 5d | 16d | 21dSep 2025 - Sep 2025 | — |
-5.05%Jan 2026 | 1d | 7d | 8dJan 2026 - Jan 2026 | — |
Drawdown Indicators
| DVXE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -56.78% | +34.95% |
Max Drawdown (1Y)Largest decline over 1 year | -21.83% | -9.10% | -12.73% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -8.57% | -1.58% | -6.99% |
Average DrawdownAverage peak-to-trough decline | -7.25% | -10.70% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.37% | 2.14% | +7.23% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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