DVXC vs. DVXP

Last updated Jun 23, 2026

DVXC (WEBs Communication Services XLC Defined Volatility ETF) and DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) are both exchange-traded funds - DVXC is a Communications Equities fund tracking the Syntax Defined Volatility XLC Index, while DVXP is a Consumer Staples Equities fund tracking the Syntax Defined Volatility XLP Index. Both are passively managed. At a 0.06 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVXC vs. DVXP - Performance Comparison

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

Returns By Period

In the year-to-date period, DVXC achieves a -21.18% return, which is significantly lower than DVXP's 10.51% return.

DVXC

• 1D: -4.33%
• 1M: -14.49%
• YTD: -21.18%
• 6M: -19.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXP

• 1D: -0.81%
• 1M: -3.52%
• YTD: 10.51%
• 6M: 9.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXC vs. DVXP - Yearly Performance Comparison

	2026 (YTD)	2025
DVXC WEBs Communication Services XLC Defined Volatility ETF	-21.18%	16.00%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	10.51%	-10.24%

Correlation

The correlation between DVXC and DVXP is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.06

Return for Risk

DVXC vs. DVXP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Communication Services XLC Defined Volatility ETF (DVXC) and WEBs Consumer Staples XLP Defined Volatility ETF (DVXP). 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.

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

Drawdowns

DVXC vs. DVXP - Drawdown Comparison

The maximum DVXC drawdown since its inception was -24.16%, which is greater than DVXP's maximum drawdown of -16.36%. Use the drawdown chart below to compare losses from any high point for DVXC and DVXP.

Drawdown Indicators

	DVXC	DVXP	Difference
Max Drawdown Largest peak-to-trough decline	-24.16%	-16.36%	-7.80%
Current Drawdown Current decline from peak	-24.16%	-11.12%	-13.04%
Average Drawdown Average peak-to-trough decline	-7.47%	-8.28%	+0.81%

Volatility

Volatility by Period

	DVXC	DVXP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.75%	21.08%	+5.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.75%	21.08%	+5.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.75%	21.08%	+5.67%

DVXC vs. DVXP - Expense Ratio Comparison

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

Dividends

DVXC vs. DVXP - Dividend Comparison

DVXC has not paid dividends to shareholders, while DVXP's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM	2025
DVXC WEBs Communication Services XLC Defined Volatility ETF	0.00%	0.00%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%

Frequently Asked Questions

Can I hold both DVXC and DVXP in my portfolio?

DVXC and DVXP 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 ETF is better, DVXC or DVXP?

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, DVXC or DVXP?

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

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

DVXP has the higher dividend yield at 0.17%, compared with 0.00% for DVXC.

What is the main difference between DVXC and DVXP?

DVXC is categorized as Communications Equities, while DVXP is Consumer Staples Equities. DVXC tracks Syntax Defined Volatility XLC Index, while DVXP tracks Syntax Defined Volatility XLP Index.