DVIN vs. XLII

Last updated Jun 4, 2026

DVIN (WEBs Industrials XLI Defined Volatility ETF) and XLII (State Street Industrial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - DVIN is a Industrials Equities fund tracking the Syntax Defined Volatility XLI Index, while XLII is a Derivative Income fund actively managed by State Street. DVIN is passively managed, while XLII is actively managed. With a 0.96 correlation, they move nearly in lockstep. DVIN charges 0.89%/yr vs 0.35%/yr for XLII.

Performance

DVIN vs. XLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Industrials XLI Defined Volatility ETF (DVIN) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). 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 XLII's 6.73% return.

DVIN

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

XLII

• 1D: -0.15%
• 1M: 2.45%
• YTD: 6.73%
• 6M: 8.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVIN vs. XLII - Yearly Performance Comparison

	2026 (YTD)	2025
DVIN WEBs Industrials XLI Defined Volatility ETF	15.30%	1.15%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	6.73%	6.62%

Correlation

The correlation between DVIN and XLII is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 31, 2025	0.96

Return for Risk

DVIN vs. XLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Industrials XLI Defined Volatility ETF (DVIN) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). 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	XLII	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	1.44	-0.79

Drawdowns

DVIN vs. XLII - Drawdown Comparison

The maximum DVIN drawdown since its inception was -18.47%, which is greater than XLII's maximum drawdown of -10.10%. Use the drawdown chart below to compare losses from any high point for DVIN and XLII.

Drawdown Indicators

	DVIN	XLII	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-10.10%	-8.37%
Current Drawdown Current decline from peak	-7.59%	-0.36%	-7.23%
Average Drawdown Average peak-to-trough decline	-5.00%	-1.34%	-3.66%

Volatility

Volatility by Period

	DVIN	XLII	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.60%	11.55%	+14.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.60%	11.55%	+14.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.60%	11.55%	+14.05%

DVIN vs. XLII - Expense Ratio Comparison

DVIN has a 0.89% expense ratio, which is higher than XLII's 0.35% expense ratio.

Dividends

DVIN vs. XLII - Dividend Comparison

DVIN has not paid dividends to shareholders, while XLII's dividend yield for the trailing twelve months is around 11.29%.

Position	TTM	2025
DVIN WEBs Industrials XLI Defined Volatility ETF	0.00%	0.00%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.29%	5.47%

Frequently Asked Questions

Can I hold both DVIN and XLII in my portfolio?

With a correlation of 0.96, DVIN and XLII move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DVIN or XLII?

On fees, XLII is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVIN or XLII?

XLII is cheaper with a 0.35% expense ratio, compared with 0.89% for DVIN.

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

XLII has the higher dividend yield at 11.29%, compared with 0.00% for DVIN.

What is the main difference between DVIN and XLII?

DVIN is categorized as Industrials Equities, while XLII is Derivative Income. They also come from different issuers: WEBs and State Street. Their fees differ too: 0.89% for DVIN and 0.35% for XLII.