DVRE vs. DVXF

Last updated Jun 4, 2026

DVRE (WEBs Real Estate XLRE Defined Volatility ETF) and DVXF (WEBs Financial XLF Defined Volatility ETF) are both exchange-traded funds - DVRE is a REIT fund tracking the Syntax Defined Volatility XLRE Index, while DVXF is a Financials Equities fund tracking the Syntax Defined Volatility XLF Index. Both are passively managed. At a 0.41 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVRE vs. DVXF - 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 Financial XLF Defined Volatility ETF (DVXF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVRE achieves a 6.90% return, which is significantly higher than DVXF's -14.23% return.

DVRE

• 1D: 0.35%
• 1M: -3.14%
• YTD: 6.90%
• 6M: 4.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXF

• 1D: -2.29%
• 1M: -3.22%
• YTD: -14.23%
• 6M: -10.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVRE vs. DVXF - Yearly Performance Comparison

	2026 (YTD)	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	6.90%	-11.39%
DVXF WEBs Financial XLF Defined Volatility ETF	-14.23%	3.87%

Correlation

The correlation between DVRE and DVXF is 0.41, 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	0.41

Return for Risk

DVRE vs. DVXF - 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 Financial XLF Defined Volatility ETF (DVXF). 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

	DVRE	DVXF	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	-0.46	+0.21

Drawdowns

DVRE vs. DVXF - Drawdown Comparison

The maximum DVRE drawdown since its inception was -15.88%, smaller than the maximum DVXF drawdown of -26.68%. Use the drawdown chart below to compare losses from any high point for DVRE and DVXF.

Drawdown Indicators

	DVRE	DVXF	Difference
Max Drawdown Largest peak-to-trough decline	-15.88%	-26.68%	+10.80%
Current Drawdown Current decline from peak	-6.68%	-18.95%	+12.27%
Average Drawdown Average peak-to-trough decline	-6.47%	-9.32%	+2.85%

Volatility

Volatility by Period

	DVRE	DVXF	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.73%	27.54%	-2.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.73%	27.54%	-2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.73%	27.54%	-2.81%

DVRE vs. DVXF - Expense Ratio Comparison

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

Dividends

DVRE vs. DVXF - Dividend Comparison

DVRE's dividend yield for the trailing twelve months is around 0.92%, while DVXF has not paid dividends to shareholders.

Position	TTM	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	0.92%	0.99%
DVXF WEBs Financial XLF Defined Volatility ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVRE and DVXF in my portfolio?

DVRE and DVXF have a correlation of 0.41, 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 DVXF?

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 DVXF?

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

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

DVRE has the higher dividend yield at 0.92%, compared with 0.00% for DVXF.

What is the main difference between DVRE and DVXF?

DVRE is categorized as REIT, while DVXF is Financials Equities. DVRE tracks Syntax Defined Volatility XLRE Index, while DVXF tracks Syntax Defined Volatility XLF Index.