DVIN vs. DVXE

Last updated Jun 4, 2026

DVIN (WEBs Industrials XLI Defined Volatility ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both exchange-traded funds - DVIN is a Industrials Equities fund tracking the Syntax Defined Volatility XLI Index, while DVXE is a Energy Equities fund tracking the Syntax Defined Volatility XLE Index. Both are passively managed. At a 0.08 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVIN vs. DVXE - Performance Comparison

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

Returns By Period

In the year-to-date period, DVIN achieves a 15.30% return, which is significantly lower than DVXE's 44.98% return.

DVIN

• 1D: 0.06%
• 1M: 2.41%
• YTD: 15.30%
• 6M: 16.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: 1.52%
• 1M: -1.50%
• YTD: 44.98%
• 6M: 39.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVIN vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
DVIN WEBs Industrials XLI Defined Volatility ETF	15.30%	-1.06%
DVXE WEBs Energy XLE Defined Volatility ETF	44.98%	4.49%

Correlation

The correlation between DVIN and DVXE is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.08

Return for Risk

DVIN vs. DVXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Industrials XLI Defined Volatility ETF (DVIN) and WEBs Energy XLE Defined Volatility ETF (DVXE). 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	DVXE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	1.99	-1.34

Drawdowns

DVIN vs. DVXE - Drawdown Comparison

The maximum DVIN drawdown since its inception was -18.47%, roughly equal to the maximum DVXE drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for DVIN and DVXE.

Drawdown Indicators

	DVIN	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-17.96%	-0.51%
Current Drawdown Current decline from peak	-7.59%	-11.99%	+4.40%
Average Drawdown Average peak-to-trough decline	-5.00%	-5.80%	+0.80%

Volatility

Volatility by Period

	DVIN	DVXE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.60%	31.23%	-5.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.60%	31.23%	-5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.60%	31.23%	-5.63%

DVIN vs. DVXE - Expense Ratio Comparison

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

Dividends

DVIN vs. DVXE - Dividend Comparison

Neither DVIN nor DVXE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DVIN and DVXE in my portfolio?

DVIN and DVXE have a correlation of 0.08, 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 DVXE?

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 DVXE?

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

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

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

What is the main difference between DVIN and DVXE?

DVIN is categorized as Industrials Equities, while DVXE is Energy Equities. DVIN tracks Syntax Defined Volatility XLI Index, while DVXE tracks Syntax Defined Volatility XLE Index.