DVRE vs. DVUT

Last updated Jun 23, 2026

DVRE (WEBs Real Estate XLRE Defined Volatility ETF) and DVUT (WEBs Utilities XLU Defined Volatility ETF) are both exchange-traded funds - DVRE is a REIT fund tracking the Syntax Defined Volatility XLRE Index, while DVUT is a Utilities Equities fund tracking the Syntax Defined Volatility XLU Index. Both are passively managed. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVRE vs. DVUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Real Estate XLRE Defined Volatility ETF (DVRE) and WEBs Utilities XLU Defined Volatility ETF (DVUT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVRE achieves a 10.42% return, which is significantly higher than DVUT's 6.30% return.

DVRE

• 1D: 1.61%
• 1M: -1.62%
• YTD: 10.42%
• 6M: 11.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVUT

• 1D: 0.68%
• 1M: -2.07%
• YTD: 6.30%
• 6M: 7.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVRE vs. DVUT - Yearly Performance Comparison

	2026 (YTD)	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	10.42%	-11.17%
DVUT WEBs Utilities XLU Defined Volatility ETF	6.30%	2.12%

Correlation

The correlation between DVRE and DVUT is 0.46, 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 23, 2025	0.46

Return for Risk

DVRE vs. DVUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Real Estate XLRE Defined Volatility ETF (DVRE) and WEBs Utilities XLU Defined Volatility ETF (DVUT). 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.

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

Drawdowns

DVRE vs. DVUT - Drawdown Comparison

The maximum DVRE drawdown since its inception was -15.88%, smaller than the maximum DVUT drawdown of -18.27%. Use the drawdown chart below to compare losses from any high point for DVRE and DVUT.

Drawdown Indicators

	DVRE	DVUT	Difference
Max Drawdown Largest peak-to-trough decline	-15.88%	-18.27%	+2.39%
Current Drawdown Current decline from peak	-3.61%	-11.05%	+7.44%
Average Drawdown Average peak-to-trough decline	-6.23%	-7.85%	+1.62%

Volatility

Volatility by Period

	DVRE	DVUT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.31%	26.28%	-0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.31%	26.28%	-0.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.31%	26.28%	-0.97%

DVRE vs. DVUT - Expense Ratio Comparison

Both DVRE and DVUT have an expense ratio of 0.89%.

Dividends

DVRE vs. DVUT - Dividend Comparison

DVRE's dividend yield for the trailing twelve months is around 0.90%, while DVUT has not paid dividends to shareholders.

Position	TTM	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	0.90%	0.99%
DVUT WEBs Utilities XLU Defined Volatility ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVRE and DVUT in my portfolio?

DVRE and DVUT have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVRE or DVUT?

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, DVRE or DVUT?

DVRE and DVUT have the same expense ratio: 0.89% per year.

Which ETF pays a higher dividend yield, DVRE or DVUT?

DVRE has the higher dividend yield at 0.90%, compared with 0.00% for DVUT.

What is the main difference between DVRE and DVUT?

DVRE is categorized as REIT, while DVUT is Utilities Equities. DVRE tracks Syntax Defined Volatility XLRE Index, while DVUT tracks Syntax Defined Volatility XLU Index.