DVXK vs. DVXY

Last updated Jun 4, 2026

DVXK (WEBs Technology XLK Defined Volatility ETF) and DVXY (WEBs Consumer Discretionary XLY Defined Volatility ETF) are both exchange-traded funds - DVXK is a Technology Equities fund tracking the Syntax Defined Volatility XLK Index, while DVXY is a Consumer Discretionary Equities fund tracking the Syntax Defined Volatility XLY Index. Both are passively managed. A 0.54 correlation means they provide meaningful diversification when combined. Both charge a 0.89% expense ratio.

Performance

DVXK vs. DVXY - Performance Comparison

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

Returns By Period

In the year-to-date period, DVXK achieves a 42.75% return, which is significantly higher than DVXY's -9.95% return.

DVXK

• 1D: -1.28%
• 1M: 29.95%
• YTD: 42.75%
• 6M: 40.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXY

• 1D: -1.02%
• 1M: -2.07%
• YTD: -9.95%
• 6M: -11.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXK vs. DVXY - Yearly Performance Comparison

	2026 (YTD)	2025
DVXK WEBs Technology XLK Defined Volatility ETF	42.75%	15.77%
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	-9.95%	1.26%

Correlation

The correlation between DVXK and DVXY is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.54

Return for Risk

DVXK vs. DVXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Technology XLK Defined Volatility ETF (DVXK) and WEBs Consumer Discretionary XLY Defined Volatility ETF (DVXY). 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

	DVXK	DVXY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.46	-0.38	+2.84

Drawdowns

DVXK vs. DVXY - Drawdown Comparison

The maximum DVXK drawdown since its inception was -24.08%, roughly equal to the maximum DVXY drawdown of -23.09%. Use the drawdown chart below to compare losses from any high point for DVXK and DVXY.

Drawdown Indicators

	DVXK	DVXY	Difference
Max Drawdown Largest peak-to-trough decline	-24.08%	-23.09%	-0.99%
Current Drawdown Current decline from peak	-1.28%	-16.23%	+14.95%
Average Drawdown Average peak-to-trough decline	-6.71%	-7.81%	+1.10%

Volatility

Volatility by Period

	DVXK	DVXY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	32.24%	26.97%	+5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.24%	26.97%	+5.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.24%	26.97%	+5.27%

DVXK vs. DVXY - Expense Ratio Comparison

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

Dividends

DVXK vs. DVXY - Dividend Comparison

DVXK's dividend yield for the trailing twelve months is around 2.32%, while DVXY has not paid dividends to shareholders.

Position	TTM	2025
DVXK WEBs Technology XLK Defined Volatility ETF	2.32%	3.32%
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVXK and DVXY in my portfolio?

DVXK and DVXY have a correlation of 0.54, 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 DVXY?

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 DVXY?

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

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

DVXK has the higher dividend yield at 2.32%, compared with 0.00% for DVXY.

What is the main difference between DVXK and DVXY?

DVXK is categorized as Technology Equities, while DVXY is Consumer Discretionary Equities. DVXK tracks Syntax Defined Volatility XLK Index, while DVXY tracks Syntax Defined Volatility XLY Index.