DVQQ vs. DVXE

Last updated Jun 23, 2026

DVQQ (WEBs QQQ Defined Volatility ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both exchange-traded funds - DVQQ is a Large Cap Growth Equities fund tracking the Syntax Defined Volatility Triple Qs Index, while DVXE is a Energy Equities fund tracking the Syntax Defined Volatility XLE Index. Both are passively managed. At a correlation of -0.14, they often move in opposite directions. DVQQ charges 0.94%/yr vs 0.89%/yr for DVXE.

Performance

DVQQ vs. DVXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs QQQ Defined Volatility ETF (DVQQ) 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, DVQQ achieves a 17.26% return, which is significantly lower than DVXE's 32.83% return.

DVQQ

• 1D: -0.28%
• 1M: 1.35%
• YTD: 17.26%
• 6M: 15.36%
• 1Y: 46.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: 1.51%
• 1M: -9.73%
• YTD: 32.83%
• 6M: 34.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVQQ vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
DVQQ WEBs QQQ Defined Volatility ETF	17.26%	12.16%
DVXE WEBs Energy XLE Defined Volatility ETF	32.83%	4.49%

Correlation

The correlation between DVQQ and DVXE is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	-0.14

Return for Risk

DVQQ vs. DVXE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DVQQ

DVQQ Risk / Return Rank: 54
DVQQ Sharpe Ratio Rank: 60
DVQQ Sortino Ratio Rank: 51
DVQQ Omega Ratio Rank: 54
DVQQ Calmar Ratio Rank: 55
DVQQ Martin Ratio Rank: 50

DVXE

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DVQQ vs. DVXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs QQQ Defined Volatility ETF (DVQQ) 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.

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.

	DVQQ	DVXE	Difference
Sharpe ratio: Return per unit of total volatility	1.93	—	—
Sortino ratio: Return per unit of downside risk	2.41	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.60	—	—
Martin ratio: Return relative to average drawdown	8.34	—	—

Drawdowns

DVQQ vs. DVXE - Drawdown Comparison

The maximum DVQQ drawdown since its inception was -25.28%, which is greater than DVXE's maximum drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for DVQQ and DVXE.

Drawdown Indicators

	DVQQ	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-25.28%	-20.56%	-4.72%
Max Drawdown (1Y) Largest decline over 1 year	-17.89%	—	—
Current Drawdown Current decline from peak	-3.76%	-19.36%	+15.60%
Average Drawdown Average peak-to-trough decline	-7.17%	-6.30%	-0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.56%	—	—

Volatility

Volatility by Period

	DVQQ	DVXE	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.81%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.05%	31.18%	-7.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.92%	31.18%	-6.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.92%	31.18%	-6.26%

DVQQ vs. DVXE - Expense Ratio Comparison

DVQQ has a 0.94% expense ratio, which is higher than DVXE's 0.89% expense ratio.

Dividends

DVQQ vs. DVXE - Dividend Comparison

DVQQ's dividend yield for the trailing twelve months is around 0.03%, while DVXE has not paid dividends to shareholders.

Position	TTM	2025
DVQQ WEBs QQQ Defined Volatility ETF	0.03%	0.04%
DVXE WEBs Energy XLE Defined Volatility ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVQQ and DVXE in my portfolio?

DVQQ and DVXE have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVQQ or DVXE?

On fees, DVXE is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVQQ or DVXE?

DVXE is cheaper with a 0.89% expense ratio, compared with 0.94% for DVQQ.

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

DVQQ has the higher dividend yield at 0.03%, compared with 0.00% for DVXE.

What is the main difference between DVQQ and DVXE?

DVQQ is categorized as Large Cap Growth Equities, while DVXE is Energy Equities. DVQQ tracks Syntax Defined Volatility Triple Qs Index, while DVXE tracks Syntax Defined Volatility XLE Index. Their fees differ too: 0.94% for DVQQ and 0.89% for DVXE.