DVXE vs. SOLR
DVXE (WEBs Energy XLE Defined Volatility ETF) and SOLR (SmartETFs Sustainable Energy II ETF) are both Energy Equities funds. DVXE is passively managed, while SOLR is actively managed. At a correlation of -0.06, they often move in opposite directions. DVXE charges 0.89%/yr vs 0.79%/yr for SOLR.
Performance
DVXE vs. SOLR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DVXE achieves a 32.83% return, which is significantly higher than SOLR's 17.59% return.
DVXE
- 1D
- 1.51%
- 1M
- -9.73%
- YTD
- 32.83%
- 6M
- 34.88%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SOLR
- 1D
- 0.99%
- 1M
- 3.45%
- YTD
- 17.59%
- 6M
- 15.84%
- 1Y
- 38.77%
- 3Y*
- 6.94%
- 5Y*
- 3.99%
- 10Y*
- —
DVXE vs. SOLR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DVXE WEBs Energy XLE Defined Volatility ETF | 32.83% | 4.49% |
SOLR SmartETFs Sustainable Energy II ETF | 17.59% | 6.15% |
Correlation
The correlation between DVXE and SOLR 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 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DVXE vs. SOLR — Risk / Return Rank
DVXE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SOLR
DVXE vs. SOLR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WEBs Energy XLE Defined Volatility ETF (DVXE) and SmartETFs Sustainable Energy II ETF (SOLR). 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 | SOLR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.66 | — |
| Martin ratioReturn relative to average drawdown | — | 9.21 | — |
Loading charts...
Drawdowns
DVXE vs. SOLR - Drawdown Comparison
The maximum DVXE drawdown since its inception was -20.56%, smaller than the maximum SOLR drawdown of -39.46%. Use the drawdown chart below to compare losses from any high point for DVXE and SOLR.
Loading charts...
Drawdown Indicators
| DVXE | SOLR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.56% | -39.46% | +18.90% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.63% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -34.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -39.46% | — |
Current DrawdownCurrent decline from peak | -19.36% | -1.80% | -17.56% |
Average DrawdownAverage peak-to-trough decline | -6.30% | -15.49% | +9.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.22% | — |
Volatility
DVXE vs. SOLR - Volatility Comparison
Loading charts...
Volatility by Period
| DVXE | SOLR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.76% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.68% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 31.18% | 20.52% | +10.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.18% | 22.37% | +8.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.18% | 22.84% | +8.34% |
DVXE vs. SOLR - Expense Ratio Comparison
DVXE has a 0.89% expense ratio, which is higher than SOLR's 0.79% expense ratio.
Dividends
DVXE vs. SOLR - Dividend Comparison
DVXE has not paid dividends to shareholders, while SOLR's dividend yield for the trailing twelve months is around 0.57%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DVXE WEBs Energy XLE Defined Volatility ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SOLR SmartETFs Sustainable Energy II ETF | 0.57% | 0.67% | 0.93% | 0.42% | 1.29% | 2.62% |
Frequently Asked Questions
DVXE and SOLR 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.
On fees, SOLR is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SOLR is cheaper with a 0.79% expense ratio, compared with 0.89% for DVXE.
SOLR has the higher dividend yield at 0.57%, compared with 0.00% for DVXE.
They also come from different issuers: WEBs and SmartETFs. Their fees differ too: 0.89% for DVXE and 0.79% for SOLR.
Find the right allocation for DVXE and SOLR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer