DVXE vs. NBET
DVXE (WEBs Energy XLE Defined Volatility ETF) and NBET (Neuberger Berman Energy Transition & Infrastructure ETF) are both Energy Equities funds. DVXE is passively managed, while NBET is actively managed. Their correlation of 0.83 suggests significant overlap in exposure. DVXE charges 0.89%/yr vs 0.65%/yr for NBET.
Performance
DVXE vs. NBET - 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 NBET's 20.80% return.
DVXE
- 1D
- 0.96%
- 1M
- -8.86%
- YTD
- 34.11%
- 6M
- 35.08%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBET
- 1D
- 0.19%
- 1M
- -5.87%
- YTD
- 20.80%
- 6M
- 20.90%
- 1Y
- 23.09%
- 3Y*
- 19.86%
- 5Y*
- —
- 10Y*
- —
DVXE vs. NBET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DVXE WEBs Energy XLE Defined Volatility ETF | 34.11% | 4.49% |
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 20.80% | 3.49% |
Correlation
The correlation between DVXE and NBET is 0.83, 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 | 0.83 |
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Return for Risk
DVXE vs. NBET — Risk / Return Rank
DVXE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NBET
DVXE vs. NBET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WEBs Energy XLE Defined Volatility ETF (DVXE) and Neuberger Berman Energy Transition & Infrastructure ETF (NBET). 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 | NBET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.26 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.90 | — |
| Martin ratioReturn relative to average drawdown | — | 7.90 | — |
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Drawdowns
DVXE vs. NBET - Drawdown Comparison
The maximum DVXE drawdown since its inception was -20.56%, which is greater than NBET's maximum drawdown of -18.72%. Use the drawdown chart below to compare losses from any high point for DVXE and NBET.
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Drawdown Indicators
| DVXE | NBET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.56% | -18.72% | -1.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.00% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.72% | — |
Current DrawdownCurrent decline from peak | -18.58% | -6.98% | -11.60% |
Average DrawdownAverage peak-to-trough decline | -6.35% | -5.07% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.93% | — |
Volatility
DVXE vs. NBET - Volatility Comparison
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Volatility by Period
| DVXE | NBET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.77% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.00% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 31.12% | 14.66% | +16.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.12% | 19.48% | +11.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.12% | 19.48% | +11.64% |
DVXE vs. NBET - Expense Ratio Comparison
DVXE has a 0.89% expense ratio, which is higher than NBET's 0.65% expense ratio.
Dividends
DVXE vs. NBET - Dividend Comparison
DVXE has not paid dividends to shareholders, while NBET's dividend yield for the trailing twelve months is around 1.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
DVXE WEBs Energy XLE Defined Volatility ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NBET Neuberger Berman Energy Transition & Infrastructure ETF | 1.71% | 2.70% | 2.43% | 1.22% | 0.87% |
Frequently Asked Questions
DVXE and NBET have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NBET is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NBET is cheaper with a 0.65% expense ratio, compared with 0.89% for DVXE.
NBET has the higher dividend yield at 1.71%, compared with 0.00% for DVXE.
They also come from different issuers: WEBs and Neuberger Berman. Their fees differ too: 0.89% for DVXE and 0.65% for NBET.
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