DVXE vs. UMI
DVXE (WEBs Energy XLE Defined Volatility ETF) and UMI (USCF Midstream Energy Income Fund ETF) are both Energy Equities funds. DVXE is passively managed, while UMI is actively managed. A 0.63 correlation means they provide meaningful diversification when combined. DVXE charges 0.89%/yr vs 0.85%/yr for UMI.
Performance
DVXE vs. UMI - Performance Comparison
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Returns By Period
In the year-to-date period, DVXE achieves a 32.83% return, which is significantly higher than UMI's 21.76% return.
DVXE
- 1D
- 1.51%
- 1M
- -9.73%
- YTD
- 32.83%
- 6M
- 34.88%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UMI
- 1D
- 0.96%
- 1M
- -5.27%
- YTD
- 21.76%
- 6M
- 23.01%
- 1Y
- 24.46%
- 3Y*
- 27.84%
- 5Y*
- 20.20%
- 10Y*
- —
DVXE vs. UMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DVXE WEBs Energy XLE Defined Volatility ETF | 32.83% | 4.49% |
UMI USCF Midstream Energy Income Fund ETF | 21.76% | 4.10% |
Correlation
The correlation between DVXE and UMI is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.63 |
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Return for Risk
DVXE vs. UMI — Risk / Return Rank
DVXE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
UMI
DVXE vs. UMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WEBs Energy XLE Defined Volatility ETF (DVXE) and USCF Midstream Energy Income Fund ETF (UMI). 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 | UMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.28 | — |
| Martin ratioReturn relative to average drawdown | — | 8.47 | — |
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Drawdowns
DVXE vs. UMI - Drawdown Comparison
The maximum DVXE drawdown since its inception was -20.56%, smaller than the maximum UMI drawdown of -48.08%. Use the drawdown chart below to compare losses from any high point for DVXE and UMI.
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Drawdown Indicators
| DVXE | UMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.56% | -48.08% | +27.52% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.50% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.08% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.05% | — |
Current DrawdownCurrent decline from peak | -19.36% | -5.35% | -14.01% |
Average DrawdownAverage peak-to-trough decline | -6.30% | -6.59% | +0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.90% | — |
Volatility
DVXE vs. UMI - Volatility Comparison
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Volatility by Period
| DVXE | UMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.33% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.05% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 31.18% | 14.23% | +16.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.18% | 19.45% | +11.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.18% | 23.16% | +8.02% |
DVXE vs. UMI - Expense Ratio Comparison
DVXE has a 0.89% expense ratio, which is higher than UMI's 0.85% expense ratio.
Dividends
DVXE vs. UMI - Dividend Comparison
DVXE has not paid dividends to shareholders, while UMI's dividend yield for the trailing twelve months is around 6.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
UMI USCF Midstream Energy Income Fund ETF | 6.02% | 6.23% | 4.39% | 4.67% | 4.36% | 3.00% | 2.18% | 2.47% | 2.48% | 0.15% |
Frequently Asked Questions
DVXE and UMI have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UMI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UMI is cheaper with a 0.85% expense ratio, compared with 0.89% for DVXE.
UMI has the higher dividend yield at 6.02%, compared with 0.00% for DVXE.
They also come from different issuers: WEBs and Wainwright, Inc.. Their fees differ too: 0.89% for DVXE and 0.85% for UMI.
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