DVXK vs. DVUT

Last updated Jun 25, 2026

DVXK (WEBs Technology XLK Defined Volatility ETF) and DVUT (WEBs Utilities XLU Defined Volatility ETF) are both exchange-traded funds - DVXK is a Technology Equities fund tracking the Syntax Defined Volatility XLK Index, while DVUT is a Utilities Equities fund tracking the Syntax Defined Volatility XLU Index. Both are passively managed. At a 0.09 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVXK vs. DVUT - Performance Comparison

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

Returns By Period

In the year-to-date period, DVXK achieves a 30.18% return, which is significantly higher than DVUT's 8.96% return.

DVXK

• 1D: -0.62%
• 1M: 1.58%
• YTD: 30.18%
• 6M: 26.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVUT

• 1D: 1.38%
• 1M: 0.38%
• YTD: 8.96%
• 6M: 8.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXK vs. DVUT - Yearly Performance Comparison

	2026 (YTD)	2025
DVXK WEBs Technology XLK Defined Volatility ETF	30.18%	16.30%
DVUT WEBs Utilities XLU Defined Volatility ETF	8.96%	2.12%

Correlation

The correlation between DVXK and DVUT is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.09

Return for Risk

DVXK vs. DVUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Technology XLK Defined Volatility ETF (DVXK) and WEBs Utilities XLU Defined Volatility ETF (DVUT). 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

DVXK vs. DVUT - Drawdown Comparison

The maximum DVXK drawdown since its inception was -24.08%, which is greater than DVUT's maximum drawdown of -18.27%. Use the drawdown chart below to compare losses from any high point for DVXK and DVUT.

Drawdown Indicators

	DVXK	DVUT	Difference
Max Drawdown Largest peak-to-trough decline	-24.08%	-18.27%	-5.81%
Current Drawdown Current decline from peak	-9.98%	-8.83%	-1.15%
Average Drawdown Average peak-to-trough decline	-6.82%	-7.86%	+1.04%

Volatility

Volatility by Period

	DVXK	DVUT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	33.30%	26.22%	+7.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.30%	26.22%	+7.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.30%	26.22%	+7.08%

DVXK vs. DVUT - Expense Ratio Comparison

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

Dividends

DVXK vs. DVUT - Dividend Comparison

DVXK's dividend yield for the trailing twelve months is around 2.55%, while DVUT has not paid dividends to shareholders.

Position	TTM	2025
DVUT WEBs Utilities XLU Defined Volatility ETF	0.00%	0.00%
DVXK WEBs Technology XLK Defined Volatility ETF	2.55%	3.32%

Frequently Asked Questions

Can I hold both DVXK and DVUT in my portfolio?

DVXK and DVUT have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVXK or DVUT?

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, DVXK or DVUT?

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

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

DVXK has the higher dividend yield at 2.55%, compared with 0.00% for DVUT.

What is the main difference between DVXK and DVUT?

DVXK is categorized as Technology Equities, while DVUT is Utilities Equities. DVXK tracks Syntax Defined Volatility XLK Index, while DVUT tracks Syntax Defined Volatility XLU Index.