DVXE vs. WEEI

Last updated Jun 5, 2026

DVXE (WEBs Energy XLE Defined Volatility ETF) and WEEI (Westwood Salient Enhanced Energy Income ETF) are both Energy Equities funds. DVXE is passively managed, while WEEI is actively managed. Their correlation of 0.95 suggests significant overlap in exposure. DVXE charges 0.89%/yr vs 0.85%/yr for WEEI.

Performance

DVXE vs. WEEI - Performance Comparison

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

Returns By Period

In the year-to-date period, DVXE achieves a 44.86% return, which is significantly higher than WEEI's 19.17% return.

DVXE

• 1D: -0.08%
• 1M: -2.12%
• YTD: 44.86%
• 6M: 38.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WEEI

• 1D: 0.27%
• 1M: 0.52%
• YTD: 19.17%
• 6M: 18.21%
• 1Y: 36.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXE vs. WEEI - Yearly Performance Comparison

	2026 (YTD)	2025
DVXE WEBs Energy XLE Defined Volatility ETF	44.86%	4.49%
WEEI Westwood Salient Enhanced Energy Income ETF	19.17%	7.00%

Correlation

The correlation between DVXE and WEEI 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 24, 2025	0.95

Return for Risk

DVXE vs. WEEI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WEEI

WEEI Risk / Return Rank: 80
WEEI Sharpe Ratio Rank: 82
WEEI Sortino Ratio Rank: 76
WEEI Omega Ratio Rank: 77
WEEI Calmar Ratio Rank: 86
WEEI Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DVXE vs. WEEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Energy XLE Defined Volatility ETF (DVXE) and Westwood Salient Enhanced Energy Income ETF (WEEI). 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	WEEI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.98	0.70	+1.27

Drawdowns

DVXE vs. WEEI - Drawdown Comparison

The maximum DVXE drawdown since its inception was -17.96%, roughly equal to the maximum WEEI drawdown of -18.78%. Use the drawdown chart below to compare losses from any high point for DVXE and WEEI.

Drawdown Indicators

	DVXE	WEEI	Difference
Max Drawdown Largest peak-to-trough decline	-17.96%	-18.78%	+0.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.67%	—
Current Drawdown Current decline from peak	-12.06%	-2.49%	-9.57%
Average Drawdown Average peak-to-trough decline	-5.83%	-4.17%	-1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.41%	—

Volatility

Volatility by Period

	DVXE	WEEI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	31.16%	13.96%	+17.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.16%	18.28%	+12.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.16%	18.28%	+12.88%

DVXE vs. WEEI - Expense Ratio Comparison

DVXE has a 0.89% expense ratio, which is higher than WEEI's 0.85% expense ratio.

Dividends

DVXE vs. WEEI - Dividend Comparison

DVXE has not paid dividends to shareholders, while WEEI's dividend yield for the trailing twelve months is around 11.19%.

Position	TTM	2025	2024
DVXE WEBs Energy XLE Defined Volatility ETF	0.00%	0.00%	0.00%
WEEI Westwood Salient Enhanced Energy Income ETF	11.19%	12.59%	7.20%

Frequently Asked Questions

Can I hold both DVXE and WEEI in my portfolio?

With a correlation of 0.95, DVXE and WEEI 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.

Which ETF is better, DVXE or WEEI?

On fees, WEEI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXE or WEEI?

WEEI is cheaper with a 0.85% expense ratio, compared with 0.89% for DVXE.

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

WEEI has the higher dividend yield at 11.19%, compared with 0.00% for DVXE.

What is the main difference between DVXE and WEEI?

They also come from different issuers: WEBs and Westwood. Their fees differ too: 0.89% for DVXE and 0.85% for WEEI.