DVXB vs. DVUT

Last updated Jun 3, 2026

DVXB (WEBs Materials XLB Defined Volatility ETF) and DVUT (WEBs Utilities XLU Defined Volatility ETF) are both exchange-traded funds - DVXB is a Materials fund tracking the Syntax Defined Volatility XLB Index, while DVUT is a Utilities Equities fund tracking the Syntax Defined Volatility XLU Index. Both are passively managed. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVXB vs. DVUT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Materials XLB Defined Volatility ETF (DVXB) and WEBs Utilities XLU Defined Volatility ETF (DVUT). 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 higher than DVUT's 3.22% return.

DVXB

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

DVUT

• 1D: 2.63%
• 1M: -8.88%
• YTD: 3.22%
• 6M: -1.12%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXB vs. DVUT - Yearly Performance Comparison

	2026 (YTD)	2025
DVXB WEBs Materials XLB Defined Volatility ETF	19.55%	-6.27%
DVUT WEBs Utilities XLU Defined Volatility ETF	3.22%	2.12%

Correlation

The correlation between DVXB and DVUT is 0.31, 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	0.31

Return for Risk

DVXB vs. DVUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Materials XLB Defined Volatility ETF (DVXB) and WEBs Utilities XLU Defined Volatility ETF (DVUT). 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	DVUT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.24	+0.23

Drawdowns

DVXB vs. DVUT - Drawdown Comparison

The maximum DVXB drawdown since its inception was -19.77%, which is greater than DVUT's maximum drawdown of -18.27%. Use the drawdown chart below to compare losses from any high point for DVXB and DVUT.

Drawdown Indicators

	DVXB	DVUT	Difference
Max Drawdown Largest peak-to-trough decline	-19.77%	-18.27%	-1.50%
Current Drawdown Current decline from peak	-9.42%	-13.63%	+4.21%
Average Drawdown Average peak-to-trough decline	-6.92%	-7.60%	+0.68%

Volatility

Volatility by Period

	DVXB	DVUT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.51%	26.73%	+3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.51%	26.73%	+3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.51%	26.73%	+3.78%

DVXB vs. DVUT - Expense Ratio Comparison

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

Dividends

DVXB vs. DVUT - Dividend Comparison

Neither DVXB nor DVUT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DVXB and DVUT in my portfolio?

DVXB and DVUT have a correlation of 0.31, 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 DVUT?

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, DVXB or DVUT?

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

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

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

What is the main difference between DVXB and DVUT?

DVXB is categorized as Materials, while DVUT is Utilities Equities. DVXB tracks Syntax Defined Volatility XLB Index, while DVUT tracks Syntax Defined Volatility XLU Index.