DVXE vs. IXC
DVXE (WEBs Energy XLE Defined Volatility ETF) and IXC (iShares Global Energy ETF) are both Energy Equities funds - DVXE tracks the Syntax Defined Volatility XLE Index while IXC tracks the S&P Global 1200 Energy Capped Index. Both are passively managed. Their correlation of 0.95 suggests significant overlap in exposure. DVXE charges 0.89%/yr vs 0.40%/yr for IXC.
Performance
DVXE vs. IXC - Performance Comparison
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Returns By Period
In the year-to-date period, DVXE achieves a 34.11% return, which is significantly higher than IXC's 22.29% return.
DVXE
- 1D
- 0.96%
- 1M
- -8.86%
- YTD
- 34.11%
- 6M
- 35.08%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IXC
- 1D
- 0.44%
- 1M
- -8.68%
- YTD
- 22.29%
- 6M
- 23.05%
- 1Y
- 31.78%
- 3Y*
- 16.38%
- 5Y*
- 17.77%
- 10Y*
- 9.38%
DVXE vs. IXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DVXE WEBs Energy XLE Defined Volatility ETF | 34.11% | 4.49% |
IXC iShares Global Energy ETF | 22.29% | 7.54% |
Correlation
The correlation between DVXE and IXC is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.95 |
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Return for Risk
DVXE vs. IXC — Risk / Return Rank
DVXE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IXC
DVXE vs. IXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WEBs Energy XLE Defined Volatility ETF (DVXE) and iShares Global Energy ETF (IXC). 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.
| DVXE | IXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.28 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.40 | — |
| Martin ratioReturn relative to average drawdown | — | 8.40 | — |
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Drawdowns
DVXE vs. IXC - Drawdown Comparison
The maximum DVXE drawdown since its inception was -20.56%, smaller than the maximum IXC drawdown of -67.88%. Use the drawdown chart below to compare losses from any high point for DVXE and IXC.
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Drawdown Indicators
| DVXE | IXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.56% | -67.88% | +47.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.31% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.06% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.16% | — |
Current DrawdownCurrent decline from peak | -18.58% | -11.99% | -6.59% |
Average DrawdownAverage peak-to-trough decline | -6.35% | -17.46% | +11.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.80% | — |
Volatility
DVXE vs. IXC - Volatility Comparison
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Volatility by Period
| DVXE | IXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.54% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.76% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 31.12% | 19.16% | +11.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.12% | 23.48% | +7.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.12% | 26.83% | +4.29% |
DVXE vs. IXC - Expense Ratio Comparison
DVXE has a 0.89% expense ratio, which is higher than IXC's 0.40% expense ratio.
Dividends
DVXE vs. IXC - Dividend Comparison
DVXE has not paid dividends to shareholders, while IXC's dividend yield for the trailing twelve months is around 3.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVXE WEBs Energy XLE 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% |
IXC iShares Global Energy ETF | 3.11% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Frequently Asked Questions
With a correlation of 0.95, DVXE and IXC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IXC is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IXC is cheaper with a 0.40% expense ratio, compared with 0.89% for DVXE.
IXC has the higher dividend yield at 3.11%, compared with 0.00% for DVXE.
DVXE tracks Syntax Defined Volatility XLE Index, while IXC tracks S&P Global 1200 Energy Capped Index. They also come from different issuers: WEBs and iShares. Their fees differ too: 0.89% for DVXE and 0.40% for IXC.
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