DVUT vs. GII

Last updated Jun 24, 2026

DVUT (WEBs Utilities XLU Defined Volatility ETF) and GII (SPDR S&P Global Infrastructure ETF) are both Utilities Equities funds - DVUT tracks the Syntax Defined Volatility XLU Index while GII tracks the S&P Global Infrastructure. Both are passively managed. A 0.67 correlation means they provide meaningful diversification when combined. DVUT charges 0.89%/yr vs 0.40%/yr for GII.

Performance

DVUT vs. GII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Utilities XLU Defined Volatility ETF (DVUT) and SPDR S&P Global Infrastructure ETF (GII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVUT achieves a 7.47% return, which is significantly lower than GII's 9.45% return.

DVUT

• 1D: 1.10%
• 1M: -0.99%
• YTD: 7.47%
• 6M: 7.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GII

• 1D: -0.06%
• 1M: -0.25%
• YTD: 9.45%
• 6M: 8.82%
• 1Y: 17.64%
• 3Y*: 16.77%
• 5Y*: 10.67%
• 10Y*: 8.70%

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

DVUT vs. GII - Yearly Performance Comparison

	2026 (YTD)	2025
DVUT WEBs Utilities XLU Defined Volatility ETF	7.47%	2.12%
GII SPDR S&P Global Infrastructure ETF	9.45%	5.17%

Correlation

The correlation between DVUT and GII is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.67

Return for Risk

DVUT vs. GII — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DVUT

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

GII

GII Risk / Return Rank: 52
GII Sharpe Ratio Rank: 49
GII Sortino Ratio Rank: 48
GII Omega Ratio Rank: 48
GII Calmar Ratio Rank: 63
GII Martin Ratio Rank: 52

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.

DVUT vs. GII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Utilities XLU Defined Volatility ETF (DVUT) and SPDR S&P Global Infrastructure ETF (GII). 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	GII	Difference
Sharpe ratio: Return per unit of total volatility	—	1.63	—
Sortino ratio: Return per unit of downside risk	—	2.28	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.98	—
Martin ratio: Return relative to average drawdown	—	8.50	—

Drawdowns

DVUT vs. GII - Drawdown Comparison

The maximum DVUT drawdown since its inception was -18.27%, smaller than the maximum GII drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for DVUT and GII.

Drawdown Indicators

	DVUT	GII	Difference
Max Drawdown Largest peak-to-trough decline	-18.27%	-50.98%	+32.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-42.84%	—
Current Drawdown Current decline from peak	-10.07%	-3.03%	-7.04%
Average Drawdown Average peak-to-trough decline	-7.86%	-11.49%	+3.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.08%	—

Volatility

Volatility by Period

	DVUT	GII	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.24%	10.86%	+15.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.24%	14.09%	+12.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.24%	17.08%	+9.16%

DVUT vs. GII - Expense Ratio Comparison

DVUT has a 0.89% expense ratio, which is higher than GII's 0.40% expense ratio.

Dividends

DVUT vs. GII - Dividend Comparison

DVUT has not paid dividends to shareholders, while GII's dividend yield for the trailing twelve months is around 2.67%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVUT WEBs Utilities XLU Defined Volatility ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GII SPDR S&P Global Infrastructure ETF	2.67%	3.17%	3.23%	3.70%	3.07%	2.37%	2.66%	3.39%	3.31%	3.38%	3.11%	3.54%

Frequently Asked Questions

Can I hold both DVUT and GII in my portfolio?

DVUT and GII have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVUT or GII?

On fees, GII is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVUT or GII?

GII is cheaper with a 0.40% expense ratio, compared with 0.89% for DVUT.

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

GII has the higher dividend yield at 2.67%, compared with 0.00% for DVUT.

What is the main difference between DVUT and GII?

DVUT tracks Syntax Defined Volatility XLU Index, while GII tracks S&P Global Infrastructure. They also come from different issuers: WEBs and State Street. Their fees differ too: 0.89% for DVUT and 0.40% for GII.