DVXF vs. DVXP

Last updated Jun 23, 2026

DVXF (WEBs Financial XLF Defined Volatility ETF) and DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) are both exchange-traded funds - DVXF is a Financials Equities fund tracking the Syntax Defined Volatility XLF Index, while DVXP is a Consumer Staples Equities fund tracking the Syntax Defined Volatility XLP Index. Both are passively managed. At a 0.14 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVXF vs. DVXP - Performance Comparison

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

Returns By Period

In the year-to-date period, DVXF achieves a -4.31% return, which is significantly lower than DVXP's 10.51% return.

DVXF

• 1D: 1.05%
• 1M: 6.78%
• YTD: -4.31%
• 6M: -6.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXP

• 1D: -0.81%
• 1M: -3.52%
• YTD: 10.51%
• 6M: 9.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXF vs. DVXP - Yearly Performance Comparison

	2026 (YTD)	2025
DVXF WEBs Financial XLF Defined Volatility ETF	-4.31%	5.63%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	10.51%	-10.24%

Correlation

The correlation between DVXF and DVXP is 0.14, 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 23, 2025	0.14

Return for Risk

DVXF vs. DVXP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Financial XLF Defined Volatility ETF (DVXF) and WEBs Consumer Staples XLP Defined Volatility ETF (DVXP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

DVXF vs. DVXP - Drawdown Comparison

The maximum DVXF drawdown since its inception was -26.68%, which is greater than DVXP's maximum drawdown of -16.36%. Use the drawdown chart below to compare losses from any high point for DVXF and DVXP.

Drawdown Indicators

	DVXF	DVXP	Difference
Max Drawdown Largest peak-to-trough decline	-26.68%	-16.36%	-10.32%
Current Drawdown Current decline from peak	-9.59%	-11.12%	+1.53%
Average Drawdown Average peak-to-trough decline	-9.43%	-8.28%	-1.15%

Volatility

Volatility by Period

	DVXF	DVXP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.89%	21.08%	+6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.89%	21.08%	+6.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.89%	21.08%	+6.81%

DVXF vs. DVXP - Expense Ratio Comparison

Both DVXF and DVXP have an expense ratio of 0.89%.

Dividends

DVXF vs. DVXP - Dividend Comparison

DVXF has not paid dividends to shareholders, while DVXP's dividend yield for the trailing twelve months is around 0.17%.

Position	TTM	2025
DVXF WEBs Financial XLF Defined Volatility ETF	0.00%	0.00%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%

Frequently Asked Questions

Can I hold both DVXF and DVXP in my portfolio?

DVXF and DVXP have a correlation of 0.14, 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 DVXP?

Both ETFs have the same 0.89% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXF or DVXP?

DVXF and DVXP have the same expense ratio: 0.89% per year.

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

DVXP has the higher dividend yield at 0.17%, compared with 0.00% for DVXF.

What is the main difference between DVXF and DVXP?

DVXF is categorized as Financials Equities, while DVXP is Consumer Staples Equities. DVXF tracks Syntax Defined Volatility XLF Index, while DVXP tracks Syntax Defined Volatility XLP Index.