DVXB vs. DVQQ

Last updated Jun 3, 2026

DVXB (WEBs Materials XLB Defined Volatility ETF) and DVQQ (WEBs QQQ Defined Volatility ETF) are both exchange-traded funds - DVXB is a Materials fund tracking the Syntax Defined Volatility XLB Index, while DVQQ is a Large Cap Growth Equities fund tracking the Syntax Defined Volatility Triple Qs Index. Both are passively managed. At a 0.41 correlation, their price movements are largely independent. DVXB charges 0.89%/yr vs 0.94%/yr for DVQQ.

Performance

DVXB vs. DVQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Materials XLB Defined Volatility ETF (DVXB) and WEBs QQQ Defined Volatility ETF (DVQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXB achieves a 19.55% return, which is significantly lower than DVQQ's 21.84% return.

DVXB

• 1D: 1.66%
• 1M: -1.83%
• YTD: 19.55%
• 6M: 25.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVQQ

• 1D: 0.71%
• 1M: 15.01%
• YTD: 21.84%
• 6M: 18.89%
• 1Y: 52.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXB vs. DVQQ - Yearly Performance Comparison

	2026 (YTD)	2025
DVXB WEBs Materials XLB Defined Volatility ETF	19.55%	-6.27%
DVQQ WEBs QQQ Defined Volatility ETF	21.84%	11.56%

Correlation

The correlation between DVXB and DVQQ 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

DVXB vs. DVQQ — Risk / Return Rank

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

DVQQ

DVQQ Risk / Return Rank: 60
DVQQ Sharpe Ratio Rank: 68
DVQQ Sortino Ratio Rank: 58
DVQQ Omega Ratio Rank: 60
DVQQ Calmar Ratio Rank: 59
DVQQ Martin Ratio Rank: 56

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.

DVXB vs. DVQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Materials XLB Defined Volatility ETF (DVXB) and WEBs QQQ Defined Volatility ETF (DVQQ). 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

	DVXB	DVQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.29	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.89	-0.43

Drawdowns

DVXB vs. DVQQ - Drawdown Comparison

The maximum DVXB drawdown since its inception was -19.77%, smaller than the maximum DVQQ drawdown of -25.09%. Use the drawdown chart below to compare losses from any high point for DVXB and DVQQ.

Drawdown Indicators

	DVXB	DVQQ	Difference
Max Drawdown Largest peak-to-trough decline	-19.77%	-25.09%	+5.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.89%	—
Current Drawdown Current decline from peak	-9.42%	0.00%	-9.42%
Average Drawdown Average peak-to-trough decline	-6.92%	-7.18%	+0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.43%	—

Volatility

Volatility by Period

	DVXB	DVQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	30.51%	22.86%	+7.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.51%	24.40%	+6.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.51%	24.40%	+6.11%

DVXB vs. DVQQ - Expense Ratio Comparison

DVXB has a 0.89% expense ratio, which is lower than DVQQ's 0.94% expense ratio.

Dividends

DVXB vs. DVQQ - Dividend Comparison

DVXB has not paid dividends to shareholders, while DVQQ's dividend yield for the trailing twelve months is around 0.03%.

Position	TTM	2025
DVQQ WEBs QQQ Defined Volatility ETF	0.03%	0.04%
DVXB WEBs Materials XLB Defined Volatility ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVXB and DVQQ in my portfolio?

DVXB and DVQQ 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, DVXB or DVQQ?

On fees, DVXB is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXB or DVQQ?

DVXB is cheaper with a 0.89% expense ratio, compared with 0.94% for DVQQ.

Which ETF pays a higher dividend yield, DVXB or DVQQ?

DVQQ has the higher dividend yield at 0.03%, compared with 0.00% for DVXB.

What is the main difference between DVXB and DVQQ?

DVXB is categorized as Materials, while DVQQ is Large Cap Growth Equities. DVXB tracks Syntax Defined Volatility XLB Index, while DVQQ tracks Syntax Defined Volatility Triple Qs Index. Their fees differ too: 0.89% for DVXB and 0.94% for DVQQ.