DVRE vs. DVXK

Last updated Aug 1, 2026

DVRE (WEBs Real Estate XLRE Defined Volatility ETF) and DVXK (WEBs Technology XLK Defined Volatility ETF) are both exchange-traded funds - DVRE is a REIT fund tracking the Syntax Defined Volatility XLRE Index, while DVXK is a Technology Equities fund tracking the Syntax Defined Volatility XLK Index. Both are passively managed. Over the past year, DVRE returned 8.07% vs 48.91% for DVXK. Their -0.06 correlation means they have often moved in opposite directions in the past. Both charge a 0.89% expense ratio.

Performance

DVRE vs. DVXK - 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 Technology XLK Defined Volatility ETF (DVXK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVRE achieves a 14.13% return, which is significantly lower than DVXK's 25.56% return.

DVRE

• 1D: -0.65%
• 1M: 1.48%
• 6M: 9.24%
• YTD: 14.13%
• 1Y: 8.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.35%

DVXK

• 1D: -0.31%
• 1M: -2.72%
• 6M: 26.10%
• YTD: 25.56%
• 1Y: 48.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 44.89%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DVRE WEBs Real Estate XLRE Defined Volatility ETF	$1.26K	$832.59	$697.29
DVXK WEBs Technology XLK Defined Volatility ETF	$166.11K	$93.54K	$249.13K

DVRE vs. DVXK - Yearly Performance Comparison

	2026 (YTD)	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	14.13%	-11.17%
DVXK WEBs Technology XLK Defined Volatility ETF	25.56%	16.30%

Correlation

The correlation between DVRE and DVXK is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.06
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	-0.06

Return for Risk

DVRE vs. DVXK — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DVRE

DVRE Risk / Return Rank: 19
DVRE Sharpe Ratio Rank: 18
DVRE Sortino Ratio Rank: 18
DVRE Omega Ratio Rank: 18
DVRE Calmar Ratio Rank: 20
DVRE Martin Ratio Rank: 20

DVXK

DVXK Risk / Return Rank: 49
DVXK Sharpe Ratio Rank: 54
DVXK Sortino Ratio Rank: 49
DVXK Omega Ratio Rank: 48
DVXK Calmar Ratio Rank: 49
DVXK Martin Ratio Rank: 43

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DVRE vs. DVXK - 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 Technology XLK Defined Volatility ETF (DVXK). 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.

	DVRE	DVXK	Difference
Sharpe ratio: Return per unit of total volatility	0.32	1.30	-0.98
Sortino ratio: Return per unit of downside risk	0.59	1.78	-1.19
Omega ratio: Gain probability vs. loss probability	1.07	1.22	-0.15
Calmar ratio: Return relative to maximum drawdown	0.49	1.79	-1.31
Martin ratio: Return relative to average drawdown	1.25	4.71	-3.46

DVRE vs. DVXK - Sharpe Ratio Comparison

The current DVRE Sharpe Ratio is 0.32, which is lower than the DVXK Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of DVRE and DVXK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DVRE vs. DVXK - Drawdown Comparison

The maximum DVRE drawdown since its inception was -15.88%, smaller than the maximum DVXK drawdown of -24.08%. Use the drawdown chart below to compare losses from any high point for DVRE and DVXK.

Drawdown Indicators

	DVRE	DVXK	Difference
Max Drawdown Largest peak-to-trough decline	-15.88%	-24.08%	+8.20%
Max Drawdown (1Y) Largest decline over 1 year	-15.88%	-24.08%	+8.20%
Current Drawdown Current decline from peak	-2.98%	-13.17%	+10.19%
Average Drawdown Average peak-to-trough decline	-5.73%	-7.26%	+1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.17%	9.15%	-2.98%

Volatility

DVRE vs. DVXK - Volatility Comparison

The current volatility for WEBs Real Estate XLRE Defined Volatility ETF (DVRE) is 6.30%, while WEBs Technology XLK Defined Volatility ETF (DVXK) has a volatility of 8.64%. This indicates that DVRE experiences smaller price fluctuations and is considered to be less risky than DVXK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DVRE	DVXK	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.30%	8.64%	-2.34%
Volatility (6M) Calculated over the trailing 6-month period	18.38%	24.83%	-6.45%
Volatility (1Y) Calculated over the trailing 1-year period	24.61%	33.23%	-8.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.01%	32.88%	-7.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.01%	32.88%	-7.87%

DVRE vs. DVXK - Expense Ratio Comparison

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

Dividends

DVRE vs. DVXK - Dividend Comparison

DVRE's dividend yield for the trailing twelve months is around 0.87%, less than DVXK's 2.64% yield.

Position	TTM	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	0.87%	0.99%
DVXK WEBs Technology XLK Defined Volatility ETF	2.64%	3.32%

Frequently Asked Questions

Can I hold both DVRE and DVXK in my portfolio?

DVRE and DVXK have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DVRE or DVXK?

DVXK has higher volatility (8.64%) compared to DVRE (6.30%). In terms of maximum drawdown, DVRE dropped -15.88% vs DVXK's -24.08%.

Which ETF is better, DVRE or DVXK?

On 1-year performance, DVXK leads with 48.91% vs 8.07% for DVRE. Both ETFs have the same 0.89% expense ratio. On volatility, DVRE has been the lower-risk option at 6.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DVRE or DVXK?

Over the 1-year period, DVXK has performed better with a 48.91% return vs 8.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DVRE or DVXK?

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

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

DVXK has the higher dividend yield at 2.64%, compared with 0.87% for DVRE.

What is the main difference between DVRE and DVXK?

DVRE is categorized as REIT, while DVXK is Technology Equities. DVRE tracks Syntax Defined Volatility XLRE Index, while DVXK tracks Syntax Defined Volatility XLK Index.

Which has better risk-adjusted returns?

DVXK currently has the higher Sharpe Ratio (1.30 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.