DVIN vs. DVXC

Last updated Jun 3, 2026

DVIN (WEBs Industrials XLI Defined Volatility ETF) and DVXC (WEBs Communication Services XLC Defined Volatility ETF) are both exchange-traded funds - DVIN is a Industrials Equities fund tracking the Syntax Defined Volatility XLI Index, while DVXC is a Communications Equities fund tracking the Syntax Defined Volatility XLC Index. Both are passively managed. At a 0.39 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVIN vs. DVXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Industrials XLI Defined Volatility ETF (DVIN) and WEBs Communication Services XLC Defined Volatility ETF (DVXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVIN achieves a 15.24% return, which is significantly higher than DVXC's -11.14% return.

DVIN

• 1D: 1.36%
• 1M: 0.84%
• YTD: 15.24%
• 6M: 17.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXC

• 1D: -3.67%
• 1M: -5.95%
• YTD: -11.14%
• 6M: -7.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DVIN vs. DVXC - Yearly Performance Comparison

	2026 (YTD)	2025
DVIN WEBs Industrials XLI Defined Volatility ETF	15.24%	-1.06%
DVXC WEBs Communication Services XLC Defined Volatility ETF	-11.14%	14.81%

Correlation

The correlation between DVIN and DVXC is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.39

Return for Risk

DVIN vs. DVXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Industrials XLI Defined Volatility ETF (DVIN) and WEBs Communication Services XLC Defined Volatility ETF (DVXC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DVIN	DVXC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.09	+0.55

Drawdowns

DVIN vs. DVXC - Drawdown Comparison

The maximum DVIN drawdown since its inception was -18.47%, smaller than the maximum DVXC drawdown of -21.52%. Use the drawdown chart below to compare losses from any high point for DVIN and DVXC.

Drawdown Indicators

	DVIN	DVXC	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-21.52%	+3.05%
Current Drawdown Current decline from peak	-7.65%	-14.50%	+6.85%
Average Drawdown Average peak-to-trough decline	-4.98%	-6.86%	+1.88%

Volatility

Volatility by Period

	DVIN	DVXC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.66%	25.97%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.66%	25.97%	-0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.66%	25.97%	-0.31%

DVIN vs. DVXC - Expense Ratio Comparison

Both DVIN and DVXC have an expense ratio of 0.89%.

Dividends

DVIN vs. DVXC - Dividend Comparison

Neither DVIN nor DVXC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DVIN and DVXC in my portfolio?

DVIN and DVXC have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVIN or DVXC?

Both ETFs have the same 0.89% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVIN or DVXC?

DVIN and DVXC have the same expense ratio: 0.89% per year.

Which ETF pays a higher dividend yield, DVIN or DVXC?

DVIN and DVXC have nearly identical dividend yields, around 0.00%.

What is the main difference between DVIN and DVXC?

DVIN is categorized as Industrials Equities, while DVXC is Communications Equities. DVIN tracks Syntax Defined Volatility XLI Index, while DVXC tracks Syntax Defined Volatility XLC Index.