DVQQ vs. LLII

Last updated Jun 23, 2026

DVQQ (WEBs QQQ Defined Volatility ETF) and LLII (REX LLY Growth & Income ETF) are both exchange-traded funds - DVQQ is a Large Cap Growth Equities fund tracking the Syntax Defined Volatility Triple Qs Index, while LLII is a Derivative Income fund actively managed by REX. DVQQ is passively managed, while LLII is actively managed. At a 0.08 correlation, their price movements are largely independent. DVQQ charges 0.94%/yr vs 0.99%/yr for LLII.

Performance

DVQQ vs. LLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs QQQ Defined Volatility ETF (DVQQ) and REX LLY Growth & Income ETF (LLII). 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 higher than LLII's 2.07% return.

DVQQ

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

LLII

• 1D: 0.00%
• 1M: 6.03%
• YTD: 2.07%
• 6M: 2.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVQQ vs. LLII - Yearly Performance Comparison

	2026 (YTD)	2025
DVQQ WEBs QQQ Defined Volatility ETF	17.26%	-5.08%
LLII REX LLY Growth & Income ETF	2.07%	19.74%

Correlation

The correlation between DVQQ and LLII 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 Nov 4, 2025	0.08

Return for Risk

DVQQ vs. LLII — 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

LLII

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. LLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs QQQ Defined Volatility ETF (DVQQ) and REX LLY Growth & Income ETF (LLII). 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	LLII	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. LLII - Drawdown Comparison

The maximum DVQQ drawdown since its inception was -25.28%, which is greater than LLII's maximum drawdown of -23.96%. Use the drawdown chart below to compare losses from any high point for DVQQ and LLII.

Drawdown Indicators

	DVQQ	LLII	Difference
Max Drawdown Largest peak-to-trough decline	-25.28%	-23.96%	-1.32%
Max Drawdown (1Y) Largest decline over 1 year	-17.89%	—	—
Current Drawdown Current decline from peak	-3.76%	-0.71%	-3.05%
Average Drawdown Average peak-to-trough decline	-7.17%	-8.63%	+1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.56%	—	—

Volatility

Volatility by Period

	DVQQ	LLII	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%	35.58%	-11.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.92%	35.58%	-10.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.92%	35.58%	-10.66%

DVQQ vs. LLII - Expense Ratio Comparison

DVQQ has a 0.94% expense ratio, which is lower than LLII's 0.99% expense ratio.

Dividends

DVQQ vs. LLII - Dividend Comparison

DVQQ's dividend yield for the trailing twelve months is around 0.03%, less than LLII's 25.62% yield.

Position	TTM	2025
DVQQ WEBs QQQ Defined Volatility ETF	0.03%	0.04%
LLII REX LLY Growth & Income ETF	25.62%	5.13%

Frequently Asked Questions

Can I hold both DVQQ and LLII in my portfolio?

DVQQ and LLII 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, DVQQ or LLII?

On fees, DVQQ is cheaper at 0.94% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVQQ or LLII?

DVQQ is cheaper with a 0.94% expense ratio, compared with 0.99% for LLII.

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

LLII has the higher dividend yield at 25.62%, compared with 0.03% for DVQQ.

What is the main difference between DVQQ and LLII?

DVQQ is categorized as Large Cap Growth Equities, while LLII is Derivative Income. They also come from different issuers: WEBs and REX. Their fees differ too: 0.94% for DVQQ and 0.99% for LLII.