DVUT vs. DVXC

Last updated Aug 1, 2026

DVUT (WEBs Utilities XLU Defined Volatility ETF) and DVXC (WEBs Communication Services XLC Defined Volatility ETF) are both exchange-traded funds - DVUT is a Utilities Equities fund tracking the Syntax Defined Volatility XLU Index, while DVXC is a Communications Equities fund tracking the Syntax Defined Volatility XLC Index. Both are passively managed. Over the past year, DVUT returned 3.76% vs -5.14% for DVXC. Their 0.08 correlation means their historical movements had little consistent relationship. Both charge a 0.89% expense ratio.

Performance

DVUT vs. DVXC - Performance Comparison

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

Returns By Period

In the year-to-date period, DVUT achieves a 4.94% return, which is significantly higher than DVXC's -20.96% return.

DVUT

• 1D: -0.88%
• 1M: -4.44%
• 6M: 3.42%
• YTD: 4.94%
• 1Y: 3.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.01%

DVXC

• 1D: 1.99%
• 1M: -3.90%
• 6M: -23.46%
• YTD: -20.96%
• 1Y: -5.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -8.15%

*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)
DVUT WEBs Utilities XLU Defined Volatility ETF	$336.61	$333.66	$2.68K
DVXC WEBs Communication Services XLC Defined Volatility ETF	$148.16	$1.77K	$1.90K

DVUT vs. DVXC - Yearly Performance Comparison

	2026 (YTD)	2025
DVUT WEBs Utilities XLU Defined Volatility ETF	4.94%	2.12%
DVXC WEBs Communication Services XLC Defined Volatility ETF	-20.96%	16.00%

Correlation

The correlation between DVUT and DVXC is 0.08, 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.	0.08
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.08

Return for Risk

DVUT vs. DVXC — Risk / Return Rank

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

DVUT

DVUT Risk / Return Rank: 15
DVUT Sharpe Ratio Rank: 14
DVUT Sortino Ratio Rank: 15
DVUT Omega Ratio Rank: 15
DVUT Calmar Ratio Rank: 15
DVUT Martin Ratio Rank: 14

DVXC

DVXC Risk / Return Rank: 7
DVXC Sharpe Ratio Rank: 7
DVXC Sortino Ratio Rank: 8
DVXC Omega Ratio Rank: 8
DVXC Calmar Ratio Rank: 7
DVXC Martin Ratio Rank: 7

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.

DVUT vs. DVXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Utilities XLU Defined Volatility ETF (DVUT) and WEBs Communication Services XLC Defined Volatility ETF (DVXC). 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.

	DVUT	DVXC	Difference
Sharpe ratio: Return per unit of total volatility	0.16	-0.27	+0.43
Sortino ratio: Return per unit of downside risk	0.40	-0.19	+0.60
Omega ratio: Gain probability vs. loss probability	1.05	0.98	+0.07
Calmar ratio: Return relative to maximum drawdown	0.23	-0.28	+0.51
Martin ratio: Return relative to average drawdown	0.45	-0.65	+1.10

DVUT vs. DVXC - Sharpe Ratio Comparison

The current DVUT Sharpe Ratio is 0.16, which is higher than the DVXC Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of DVUT and DVXC, 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

DVUT vs. DVXC - Drawdown Comparison

The maximum DVUT drawdown since its inception was -18.27%, smaller than the maximum DVXC drawdown of -26.47%. Use the drawdown chart below to compare losses from any high point for DVUT and DVXC.

Drawdown Indicators

	DVUT	DVXC	Difference
Max Drawdown Largest peak-to-trough decline	-18.27%	-26.47%	+8.20%
Max Drawdown (1Y) Largest decline over 1 year	-18.27%	-26.47%	+8.20%
Current Drawdown Current decline from peak	-12.19%	-23.95%	+11.76%
Average Drawdown Average peak-to-trough decline	-7.98%	-9.04%	+1.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.37%	11.32%	-1.95%

Volatility

DVUT vs. DVXC - Volatility Comparison

The current volatility for WEBs Utilities XLU Defined Volatility ETF (DVUT) is 7.37%, while WEBs Communication Services XLC Defined Volatility ETF (DVXC) has a volatility of 10.08%. This indicates that DVUT experiences smaller price fluctuations and is considered to be less risky than DVXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DVUT	DVXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.37%	10.08%	-2.71%
Volatility (6M) Calculated over the trailing 6-month period	19.50%	21.25%	-1.75%
Volatility (1Y) Calculated over the trailing 1-year period	26.12%	27.73%	-1.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.08%	27.59%	-1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.08%	27.59%	-1.51%

DVUT vs. DVXC - Expense Ratio Comparison

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

Dividends

DVUT vs. DVXC - Dividend Comparison

Neither DVUT nor DVXC has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DVUT and DVXC in my portfolio?

DVUT and DVXC 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 is riskier, DVUT or DVXC?

DVXC has higher volatility (10.08%) compared to DVUT (7.37%). In terms of maximum drawdown, DVUT dropped -18.27% vs DVXC's -26.47%.

Which ETF is better, DVUT or DVXC?

On 1-year performance, DVUT leads with 3.76% vs -5.14% for DVXC. Both ETFs have the same 0.89% expense ratio. On volatility, DVUT has been the lower-risk option at 7.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DVUT or DVXC?

Over the 1-year period, DVUT has performed better with a 3.76% return vs -5.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DVUT or DVXC?

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

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

DVUT and DVXC have nearly identical dividend yields, around 0.00%.

What is the main difference between DVUT and DVXC?

DVUT is categorized as Utilities Equities, while DVXC is Communications Equities. DVUT tracks Syntax Defined Volatility XLU Index, while DVXC tracks Syntax Defined Volatility XLC Index.

Which has better risk-adjusted returns?

DVUT currently has the higher Sharpe Ratio (0.16 vs -0.27), 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.