DVIN vs. DVXP

Last updated Jun 4, 2026

DVIN (WEBs Industrials XLI Defined Volatility ETF) and DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) are both exchange-traded funds - DVIN is a Industrials Equities fund tracking the Syntax Defined Volatility XLI Index, while DVXP is a Consumer Staples Equities fund tracking the Syntax Defined Volatility XLP Index. Both are passively managed. At a 0.13 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVIN vs. DVXP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Industrials XLI Defined Volatility ETF (DVIN) and WEBs Consumer Staples XLP Defined Volatility ETF (DVXP). 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 higher than DVXP's 8.96% return.

DVIN

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

DVXP

• 1D: 0.56%
• 1M: -3.05%
• YTD: 8.96%
• 6M: 7.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVIN vs. DVXP - Yearly Performance Comparison

	2026 (YTD)	2025
DVIN WEBs Industrials XLI Defined Volatility ETF	15.30%	-1.06%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	8.96%	-10.24%

Correlation

The correlation between DVIN and DVXP is 0.13, 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	0.13

Return for Risk

DVIN vs. DVXP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Industrials XLI Defined Volatility ETF (DVIN) and WEBs Consumer Staples XLP Defined Volatility ETF (DVXP). 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	DVXP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	-0.12	+0.77

Drawdowns

DVIN vs. DVXP - Drawdown Comparison

The maximum DVIN drawdown since its inception was -18.47%, which is greater than DVXP's maximum drawdown of -16.36%. Use the drawdown chart below to compare losses from any high point for DVIN and DVXP.

Drawdown Indicators

	DVIN	DVXP	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-16.36%	-2.11%
Current Drawdown Current decline from peak	-7.59%	-12.38%	+4.79%
Average Drawdown Average peak-to-trough decline	-5.00%	-8.26%	+3.26%

Volatility

Volatility by Period

	DVIN	DVXP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.60%	21.03%	+4.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.60%	21.03%	+4.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.60%	21.03%	+4.57%

DVIN vs. DVXP - Expense Ratio Comparison

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

Dividends

DVIN vs. DVXP - Dividend Comparison

DVIN has not paid dividends to shareholders, while DVXP's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM	2025
DVIN WEBs Industrials XLI Defined Volatility ETF	0.00%	0.00%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%

Frequently Asked Questions

Can I hold both DVIN and DVXP in my portfolio?

DVIN and DVXP have a correlation of 0.13, 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 DVXP?

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 DVXP?

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

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

DVXP has the higher dividend yield at 0.17%, compared with 0.00% for DVIN.

What is the main difference between DVIN and DVXP?

DVIN is categorized as Industrials Equities, while DVXP is Consumer Staples Equities. DVIN tracks Syntax Defined Volatility XLI Index, while DVXP tracks Syntax Defined Volatility XLP Index.