- Issuer
- WEBs
- Inception Date
- Jul 22, 2025
- Region
- North America (U.S.)
- Category
- Health & Biotech Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Syntax Defined Volatility XLV Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
DVXV Performance Chart
WEBs Health Care XLV Defined Volatility ETF (DVXV) is down 3.4% since the beginning of the year. DVXV is currently trading at $30 per share.
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Returns By Period
WEBs Health Care XLV Defined Volatility ETF
- 1D
- 0.86%
- 1M
- 0.61%
- YTD
- -3.39%
- 6M
- -4.00%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DVXV Monthly Returns History
Based on dividend-adjusted daily data since Jul 23, 2025, DVXV's average daily return is +0.08%, while the average monthly return is +1.54%. At this rate, an investment would double in approximately 3.8 years.
Historically, 58% of months were positive and 42% were negative. The best month was Nov 2025 with a return of +17.3%, while the worst month was Mar 2026 at -11.4%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.
On a daily basis, DVXV closed higher 47% of trading days. The best single day was Nov 11, 2025 with a return of +4.5%, while the worst single day was Jul 31, 2025 at -3.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.13% | 5.13% | -11.38% | -0.44% | 3.14% | 1.12% | -3.39% | ||||||
| 2025 | -5.36% | 5.41% | 1.96% | 4.46% | 17.31% | -2.70% | 21.27% |
Benchmark Metrics
WEBs Health Care XLV Defined Volatility ETF has an annualized alpha of 8.84%, beta of 0.58, and R2 of 0.12 versus S&P 500 Index. Calculated based on daily prices since July 23, 2025.
- This ETF participated in 113.05% of S&P 500 Index downside but only 100.23% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.58 may look defensive, but with R2 of 0.12 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 0.12 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
- 8.84%
- Beta
- 0.58
- R²
- 0.12
- Upside Capture
- 100.23%
- Downside Capture
- 113.05%
Expense Ratio
DVXV has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WEBs Health Care XLV Defined Volatility ETF (DVXV) 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.
| DVXV | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
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 Health Care XLV 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 Health Care XLV Defined Volatility ETF was 14.36%, occurring on May 11, 2026. The portfolio has not yet recovered.
The current WEBs Health Care XLV Defined Volatility ETF drawdown is 7.98%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 correction2026 | -14.36%May 2026 | 2mo 10d | — | 3mo 23dMar 2026 - now |
2025 pullback2025 | -7.35%Dec 2025 | 13d | 29d | 1mo 12dNov 2025 - Jan 2026 |
2025 pullback2025 | -6.67%Aug 2025 | 10d | 15d | 25dJul 2025 - Aug 2025 |
2025 pullback2025 | -6.39%Sep 2025 | 13d | 6d | 19dSep 2025 - Oct 2025 |
2026 pullback2026 | -5.54%Jan 2026 | 21d | 29d | 1mo 20dJan 2026 - Feb 2026 |
Drawdown Indicators
| DVXV | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.36% | -56.78% | +42.42% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
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 | -7.98% | -1.80% | -6.18% |
Average DrawdownAverage peak-to-trough decline | -4.86% | -10.71% | +5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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