DVXK vs. GGTL

Last updated Jun 25, 2026

DVXK (WEBs Technology XLK Defined Volatility ETF) and GGTL (Gabelli Global Technology Leaders ETF) are both Technology Equities funds. DVXK is passively managed, while GGTL is actively managed. A 0.79 correlation means they provide meaningful diversification when combined. DVXK charges 0.89%/yr vs 0.90%/yr for GGTL.

Performance

DVXK vs. GGTL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Technology XLK Defined Volatility ETF (DVXK) and Gabelli Global Technology Leaders ETF (GGTL). 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 GGTL's 23.09% return.

DVXK

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

GGTL

• 1D: -0.60%
• 1M: 1.96%
• YTD: 23.09%
• 6M: 22.96%
• 1Y: 38.66%
• 3Y*: 21.22%
• 5Y*: —
• 10Y*: —

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

DVXK vs. GGTL - Yearly Performance Comparison

	2026 (YTD)	2025
DVXK WEBs Technology XLK Defined Volatility ETF	30.18%	16.30%
GGTL Gabelli Global Technology Leaders ETF	23.09%	6.14%

Correlation

The correlation between DVXK and GGTL is 0.79, 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 23, 2025	0.79

Return for Risk

DVXK vs. GGTL — Risk / Return Rank

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

DVXK

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

GGTL

GGTL Risk / Return Rank: 76
GGTL Sharpe Ratio Rank: 72
GGTL Sortino Ratio Rank: 67
GGTL Omega Ratio Rank: 73
GGTL Calmar Ratio Rank: 86
GGTL Martin Ratio Rank: 82

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.

DVXK vs. GGTL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Technology XLK Defined Volatility ETF (DVXK) and Gabelli Global Technology Leaders ETF (GGTL). 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	GGTL	Difference
Sharpe ratio: Return per unit of total volatility	—	2.00	—
Sortino ratio: Return per unit of downside risk	—	2.64	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	4.22	—
Martin ratio: Return relative to average drawdown	—	14.29	—

Drawdowns

DVXK vs. GGTL - Drawdown Comparison

The maximum DVXK drawdown since its inception was -24.08%, roughly equal to the maximum GGTL drawdown of -23.65%. Use the drawdown chart below to compare losses from any high point for DVXK and GGTL.

Drawdown Indicators

	DVXK	GGTL	Difference
Max Drawdown Largest peak-to-trough decline	-24.08%	-23.65%	-0.43%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.20%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.46%	—
Current Drawdown Current decline from peak	-9.98%	-5.21%	-4.77%
Average Drawdown Average peak-to-trough decline	-6.82%	-7.40%	+0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.71%	—

Volatility

Volatility by Period

	DVXK	GGTL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.92%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	33.30%	19.44%	+13.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.30%	18.19%	+15.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.30%	18.19%	+15.11%

DVXK vs. GGTL - Expense Ratio Comparison

DVXK has a 0.89% expense ratio, which is lower than GGTL's 0.90% expense ratio.

Dividends

DVXK vs. GGTL - Dividend Comparison

DVXK's dividend yield for the trailing twelve months is around 2.55%, more than GGTL's 0.85% yield.

Position	TTM	2025	2024	2023	2022
DVXK WEBs Technology XLK Defined Volatility ETF	2.55%	3.32%	0.00%	0.00%	0.00%
GGTL Gabelli Global Technology Leaders ETF	0.85%	1.04%	0.75%	0.84%	0.78%

Frequently Asked Questions

Can I hold both DVXK and GGTL in my portfolio?

DVXK and GGTL have a correlation of 0.79, 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 GGTL?

On fees, DVXK 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, DVXK or GGTL?

DVXK is cheaper with a 0.89% expense ratio, compared with 0.90% for GGTL.

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

DVXK has the higher dividend yield at 2.55%, compared with 0.85% for GGTL.

What is the main difference between DVXK and GGTL?

They also come from different issuers: WEBs and Gabelli. Their fees differ too: 0.89% for DVXK and 0.90% for GGTL.