DVXE vs. DVXK

Last updated Jun 3, 2026

DVXE (WEBs Energy XLE Defined Volatility ETF) and DVXK (WEBs Technology XLK Defined Volatility ETF) are both exchange-traded funds - DVXE is a Energy Equities fund tracking the Syntax Defined Volatility XLE Index, while DVXK is a Technology Equities fund tracking the Syntax Defined Volatility XLK Index. Both are passively managed. At a correlation of -0.10, they often move in opposite directions. Both charge a 0.89% expense ratio.

Performance

DVXE vs. DVXK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Energy XLE Defined Volatility ETF (DVXE) and WEBs Technology XLK Defined Volatility ETF (DVXK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DVXE having a 42.81% return and DVXK slightly higher at 44.61%.

DVXE

• 1D: 1.33%
• 1M: -2.40%
• YTD: 42.81%
• 6M: 41.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXK

• 1D: 1.68%
• 1M: 31.75%
• YTD: 44.61%
• 6M: 42.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXE vs. DVXK - Yearly Performance Comparison

	2026 (YTD)	2025
DVXE WEBs Energy XLE Defined Volatility ETF	42.81%	4.49%
DVXK WEBs Technology XLK Defined Volatility ETF	44.61%	15.77%

Correlation

The correlation between DVXE and DVXK is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	-0.10

Return for Risk

DVXE vs. DVXK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Energy XLE Defined Volatility ETF (DVXE) and WEBs Technology XLK Defined Volatility ETF (DVXK). 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

	DVXE	DVXK	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.91	2.56	-0.65

Drawdowns

DVXE vs. DVXK - Drawdown Comparison

The maximum DVXE drawdown since its inception was -17.96%, smaller than the maximum DVXK drawdown of -24.08%. Use the drawdown chart below to compare losses from any high point for DVXE and DVXK.

Drawdown Indicators

	DVXE	DVXK	Difference
Max Drawdown Largest peak-to-trough decline	-17.96%	-24.08%	+6.12%
Current Drawdown Current decline from peak	-13.30%	0.00%	-13.30%
Average Drawdown Average peak-to-trough decline	-5.77%	-6.73%	+0.96%

Volatility

Volatility by Period

	DVXE	DVXK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	31.27%	32.28%	-1.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.27%	32.28%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.27%	32.28%	-1.01%

DVXE vs. DVXK - Expense Ratio Comparison

Both DVXE and DVXK have an expense ratio of 0.89%.

Dividends

DVXE vs. DVXK - Dividend Comparison

DVXE has not paid dividends to shareholders, while DVXK's dividend yield for the trailing twelve months is around 2.29%.

Position	TTM	2025
DVXE WEBs Energy XLE Defined Volatility ETF	0.00%	0.00%
DVXK WEBs Technology XLK Defined Volatility ETF	2.29%	3.32%

Frequently Asked Questions

Can I hold both DVXE and DVXK in my portfolio?

DVXE and DVXK have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVXE or DVXK?

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, DVXE or DVXK?

DVXE and DVXK have the same expense ratio: 0.89% per year.

Which ETF pays a higher dividend yield, DVXE or DVXK?

DVXK has the higher dividend yield at 2.29%, compared with 0.00% for DVXE.

What is the main difference between DVXE and DVXK?

DVXE is categorized as Energy Equities, while DVXK is Technology Equities. DVXE tracks Syntax Defined Volatility XLE Index, while DVXK tracks Syntax Defined Volatility XLK Index.