DVXK vs. DVRE

Last updated Aug 1, 2026

DVXK (WEBs Technology XLK Defined Volatility ETF) and DVRE (WEBs Real Estate XLRE Defined Volatility ETF) are both exchange-traded funds - DVXK is a Technology Equities fund tracking the Syntax Defined Volatility XLK Index, while DVRE is a REIT fund tracking the Syntax Defined Volatility XLRE Index. Both are passively managed. Over the past year, DVXK returned 48.91% vs 8.07% for DVRE. Their -0.06 correlation means they have often moved in opposite directions in the past. Both charge a 0.89% expense ratio.

Performance

DVXK vs. DVRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Technology XLK Defined Volatility ETF (DVXK) and WEBs Real Estate XLRE Defined Volatility ETF (DVRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXK achieves a 25.56% return, which is significantly higher than DVRE's 14.13% return.

DVXK

• 1D: -0.31%
• 1M: -2.72%
• 6M: 26.10%
• YTD: 25.56%
• 1Y: 48.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 44.89%

DVRE

• 1D: -0.65%
• 1M: 1.48%
• 6M: 9.24%
• YTD: 14.13%
• 1Y: 8.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.35%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DVRE WEBs Real Estate XLRE Defined Volatility ETF	$1.26K	$832.59	$697.29
DVXK WEBs Technology XLK Defined Volatility ETF	$166.11K	$93.54K	$249.13K

DVXK vs. DVRE - Yearly Performance Comparison

	2026 (YTD)	2025
DVXK WEBs Technology XLK Defined Volatility ETF	25.56%	16.30%
DVRE WEBs Real Estate XLRE Defined Volatility ETF	14.13%	-11.17%

Correlation

The correlation between DVXK and DVRE is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.06
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	-0.06

Return for Risk

DVXK vs. DVRE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DVXK

DVXK Risk / Return Rank: 49
DVXK Sharpe Ratio Rank: 54
DVXK Sortino Ratio Rank: 49
DVXK Omega Ratio Rank: 48
DVXK Calmar Ratio Rank: 49
DVXK Martin Ratio Rank: 43

DVRE

DVRE Risk / Return Rank: 19
DVRE Sharpe Ratio Rank: 18
DVRE Sortino Ratio Rank: 18
DVRE Omega Ratio Rank: 18
DVRE Calmar Ratio Rank: 20
DVRE Martin Ratio Rank: 20

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DVXK vs. DVRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Technology XLK Defined Volatility ETF (DVXK) and WEBs Real Estate XLRE Defined Volatility ETF (DVRE). 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.

	DVXK	DVRE	Difference
Sharpe ratio: Return per unit of total volatility	1.30	0.32	+0.98
Sortino ratio: Return per unit of downside risk	1.78	0.59	+1.19
Omega ratio: Gain probability vs. loss probability	1.22	1.07	+0.15
Calmar ratio: Return relative to maximum drawdown	1.79	0.49	+1.31
Martin ratio: Return relative to average drawdown	4.71	1.25	+3.46

DVXK vs. DVRE - Sharpe Ratio Comparison

The current DVXK Sharpe Ratio is 1.30, which is higher than the DVRE Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of DVXK and DVRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DVXK vs. DVRE - Drawdown Comparison

The maximum DVXK drawdown since its inception was -24.08%, which is greater than DVRE's maximum drawdown of -15.88%. Use the drawdown chart below to compare losses from any high point for DVXK and DVRE.

Drawdown Indicators

	DVXK	DVRE	Difference
Max Drawdown Largest peak-to-trough decline	-24.08%	-15.88%	-8.20%
Max Drawdown (1Y) Largest decline over 1 year	-24.08%	-15.88%	-8.20%
Current Drawdown Current decline from peak	-13.17%	-2.98%	-10.19%
Average Drawdown Average peak-to-trough decline	-7.26%	-5.73%	-1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.15%	6.17%	+2.98%

Volatility

DVXK vs. DVRE - Volatility Comparison

WEBs Technology XLK Defined Volatility ETF (DVXK) has a higher volatility of 8.64% compared to WEBs Real Estate XLRE Defined Volatility ETF (DVRE) at 6.30%. This indicates that DVXK's price experiences larger fluctuations and is considered to be riskier than DVRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DVXK	DVRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.64%	6.30%	+2.34%
Volatility (6M) Calculated over the trailing 6-month period	24.83%	18.38%	+6.45%
Volatility (1Y) Calculated over the trailing 1-year period	33.23%	24.61%	+8.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.88%	25.01%	+7.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.88%	25.01%	+7.87%

DVXK vs. DVRE - Expense Ratio Comparison

Both DVXK and DVRE have an expense ratio of 0.89%.

Dividends

DVXK vs. DVRE - Dividend Comparison

DVXK's dividend yield for the trailing twelve months is around 2.64%, more than DVRE's 0.87% yield.

Position	TTM	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	0.87%	0.99%
DVXK WEBs Technology XLK Defined Volatility ETF	2.64%	3.32%

Frequently Asked Questions

Can I hold both DVXK and DVRE in my portfolio?

DVXK and DVRE 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.

Which is riskier, DVXK or DVRE?

DVXK has higher volatility (8.64%) compared to DVRE (6.30%). In terms of maximum drawdown, DVXK dropped -24.08% vs DVRE's -15.88%.

Which ETF is better, DVXK or DVRE?

On 1-year performance, DVXK leads with 48.91% vs 8.07% for DVRE. Both ETFs have the same 0.89% expense ratio. On volatility, DVRE has been the lower-risk option at 6.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DVXK or DVRE?

Over the 1-year period, DVXK has performed better with a 48.91% return vs 8.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DVXK or DVRE?

DVXK and DVRE have the same expense ratio: 0.89% per year.

Which ETF pays a higher dividend yield, DVXK or DVRE?

DVXK has the higher dividend yield at 2.64%, compared with 0.87% for DVRE.

What is the main difference between DVXK and DVRE?

DVXK is categorized as Technology Equities, while DVRE is REIT. DVXK tracks Syntax Defined Volatility XLK Index, while DVRE tracks Syntax Defined Volatility XLRE Index.

Which has better risk-adjusted returns?

DVXK currently has the higher Sharpe Ratio (1.30 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.