WEBs Energy XLE Defined Volatility ETF (DVXE) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DVXE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DVXE
DVXE charges 0.89% annually. There are 89 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.08% | 38.64B | Dec 1998 | DVXE vs XLE | |
| Fidelity MSCI Energy Index ETF | 0.08% | 1.75B | Oct 2013 | DVXE vs FENY | |
| Vanguard Energy ETF | 0.09% | 11.00B | Sep 2004 | DVXE vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 416.91M | Nov 2025 | DVXE vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | DVXE vs GXPE |
Best Risk-Adjusted Alternatives to DVXE
DVXE has a PortfoliosLab risk / return rank of 68. There are 36 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 95 | 251.28M | Aug 2015 | DVXE vs CRAK | |
| FT Energy Income Partners Strategy ETF | 93 | 563.46M | Nov 2022 | DVXE vs EIPX | |
| Invesco Dynamic Oil & Gas Services ETF | 92 | 61.59M | Oct 2005 | DVXE vs PXJ | |
| VanEck Natural Resources ETF | 91 | 301.41M | Aug 2008 | DVXE vs HAP | |
| State Street Energy Select Sector SPDR Premium Inc... | 89 | 47.69M | Jul 2025 | DVXE vs XLEI |
Top Performing DVXE Alternatives (YTD)
DVXE is at 50.61% YTD. There are 3 ETFs in the Energy Equities category with higher YTD returns, going as high as 95.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| MicroSectors Oil & Gas Exploration & Production 3X... | 95.09% | 65.33M | Nov 2021 | DVXE vs OILU | |
| Direxion Daily Energy Bull 2X Shares | 71.01% | 228.84M | Nov 2008 | DVXE vs ERX | |
| Direxion Daily Energy Top 5 Bull 2X ETF | 61.53% | 2.82M | Oct 2025 | DVXE vs TEXU | |
| VanEck Oil Refiners ETF | 47.28% | 251.28M | Aug 2015 | DVXE vs CRAK | |
| Invesco Dynamic Oil & Gas Services ETF | 46.85% | 61.59M | Oct 2005 | DVXE vs PXJ |
Lowest Volatility Alternatives to DVXE
DVXE has 30.92% 1-year volatility. There are 70 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | DVXE vs RAYS | |
| Macquarie Global Listed Infrastructure ETF | 11.00% | 6.30M | Nov 2023 | DVXE vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.44% | 563.46M | Nov 2022 | DVXE vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.58% | 1.31B | Nov 2022 | DVXE vs BKGI | |
| TrueShares Eagle Global Next Gen Power Infrastruct... | 12.56% | 5.84M | Dec 2022 | DVXE vs PWRZ |
Lowest Drawdown Alternatives to DVXE
DVXE has a 1-year max drawdown of -21.83%. There are 58 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -5.17% | 563.46M | Nov 2022 | DVXE vs EIPX | |
| Westwood Salient Enhanced Midstream Income ETF | -5.98% | 152.76M | Apr 2024 | DVXE vs MDST | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | DVXE vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.31B | Nov 2022 | DVXE vs BKGI | |
| Tortoise Electrification Infrastructure ETF | -6.63% | 129.10M | Dec 2024 | DVXE vs TPZ |
Other ETFs from WEBs
The 10 most viewed WEBs ETFs shown here include DVQQ, DVUT, DVXV and span 11 categories. AUM among these funds goes as high as $3M.
Often Compared With DVXE
Investors most often compare DVXE with TNUK, LNGX, BESF. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare DVXE with Any Fund or Stock
Compare DVXE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DVXE with funds that move differently
WEBs Energy XLE Defined Volatility ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DVXE.
Explore DVXE Diversifiers