DVXF vs. DVQQ

Last updated Jun 4, 2026

DVXF (WEBs Financial XLF Defined Volatility ETF) and DVQQ (WEBs QQQ Defined Volatility ETF) are both exchange-traded funds - DVXF is a Financials Equities fund tracking the Syntax Defined Volatility XLF Index, while DVQQ is a Large Cap Growth Equities fund tracking the Syntax Defined Volatility Triple Qs Index. Both are passively managed. At a 0.40 correlation, their price movements are largely independent. DVXF charges 0.89%/yr vs 0.94%/yr for DVQQ.

Performance

DVXF vs. DVQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Financial XLF Defined Volatility ETF (DVXF) and WEBs QQQ Defined Volatility ETF (DVQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXF achieves a -14.23% return, which is significantly lower than DVQQ's 21.39% return.

DVXF

• 1D: -2.29%
• 1M: -3.22%
• YTD: -14.23%
• 6M: -10.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVQQ

• 1D: -0.37%
• 1M: 14.84%
• YTD: 21.39%
• 6M: 18.25%
• 1Y: 49.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXF vs. DVQQ - Yearly Performance Comparison

	2026 (YTD)	2025
DVXF WEBs Financial XLF Defined Volatility ETF	-14.23%	3.87%
DVQQ WEBs QQQ Defined Volatility ETF	21.39%	11.56%

Correlation

The correlation between DVXF and DVQQ is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.40

Return for Risk

DVXF vs. DVQQ — Risk / Return Rank

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

DVQQ

DVQQ Risk / Return Rank: 60
DVQQ Sharpe Ratio Rank: 68
DVQQ Sortino Ratio Rank: 58
DVQQ Omega Ratio Rank: 60
DVQQ Calmar Ratio Rank: 57
DVQQ Martin Ratio Rank: 54

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.

DVXF vs. DVQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Financial XLF Defined Volatility ETF (DVXF) and WEBs QQQ Defined Volatility ETF (DVQQ). 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

	DVXF	DVQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.19	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	0.88	-1.34

Drawdowns

DVXF vs. DVQQ - Drawdown Comparison

The maximum DVXF drawdown since its inception was -26.68%, which is greater than DVQQ's maximum drawdown of -25.09%. Use the drawdown chart below to compare losses from any high point for DVXF and DVQQ.

Drawdown Indicators

	DVXF	DVQQ	Difference
Max Drawdown Largest peak-to-trough decline	-26.68%	-25.09%	-1.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.89%	—
Current Drawdown Current decline from peak	-18.95%	-0.37%	-18.58%
Average Drawdown Average peak-to-trough decline	-9.32%	-7.16%	-2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.43%	—

Volatility

Volatility by Period

	DVXF	DVQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.54%	22.86%	+4.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.54%	24.37%	+3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.54%	24.37%	+3.17%

DVXF vs. DVQQ - Expense Ratio Comparison

DVXF has a 0.89% expense ratio, which is lower than DVQQ's 0.94% expense ratio.

Dividends

DVXF vs. DVQQ - Dividend Comparison

DVXF has not paid dividends to shareholders, while DVQQ's dividend yield for the trailing twelve months is around 0.03%.

Position	TTM	2025
DVQQ WEBs QQQ Defined Volatility ETF	0.03%	0.04%
DVXF WEBs Financial XLF Defined Volatility ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVXF and DVQQ in my portfolio?

DVXF and DVQQ have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVXF or DVQQ?

On fees, DVXF is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXF or DVQQ?

DVXF is cheaper with a 0.89% expense ratio, compared with 0.94% for DVQQ.

Which ETF pays a higher dividend yield, DVXF or DVQQ?

DVQQ has the higher dividend yield at 0.03%, compared with 0.00% for DVXF.

What is the main difference between DVXF and DVQQ?

DVXF is categorized as Financials Equities, while DVQQ is Large Cap Growth Equities. DVXF tracks Syntax Defined Volatility XLF Index, while DVQQ tracks Syntax Defined Volatility Triple Qs Index. Their fees differ too: 0.89% for DVXF and 0.94% for DVQQ.