DVXK vs. XT

Last updated Jun 4, 2026

DVXK (WEBs Technology XLK Defined Volatility ETF) and XT (iShares Future Exponential Technologies ETF) are both Technology Equities funds - DVXK tracks the Syntax Defined Volatility XLK Index while XT tracks the Morningstar Exponential Technologies Index (Net). Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. DVXK charges 0.89%/yr vs 0.46%/yr for XT.

Performance

DVXK vs. XT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Technology XLK Defined Volatility ETF (DVXK) and iShares Future Exponential Technologies ETF (XT). 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 XT's 20.20% return.

DVXK

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

XT

• 1D: -0.47%
• 1M: 9.47%
• YTD: 20.20%
• 6M: 20.54%
• 1Y: 45.88%
• 3Y*: 18.83%
• 5Y*: 8.42%
• 10Y*: 14.70%

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

DVXK vs. XT - Yearly Performance Comparison

	2026 (YTD)	2025
DVXK WEBs Technology XLK Defined Volatility ETF	42.75%	15.77%
XT iShares Future Exponential Technologies ETF	20.20%	11.03%

Correlation

The correlation between DVXK and XT 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 24, 2025	0.79

Return for Risk

DVXK vs. XT — Risk / Return Rank

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

XT

XT Risk / Return Rank: 84
XT Sharpe Ratio Rank: 86
XT Sortino Ratio Rank: 84
XT Omega Ratio Rank: 79
XT Calmar Ratio Rank: 83
XT Martin Ratio Rank: 86

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. XT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Technology XLK Defined Volatility ETF (DVXK) and iShares Future Exponential Technologies ETF (XT). 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	XT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.89	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.46	0.66	+1.81

Drawdowns

DVXK vs. XT - Drawdown Comparison

The maximum DVXK drawdown since its inception was -24.08%, smaller than the maximum XT drawdown of -34.41%. Use the drawdown chart below to compare losses from any high point for DVXK and XT.

Drawdown Indicators

	DVXK	XT	Difference
Max Drawdown Largest peak-to-trough decline	-24.08%	-34.41%	+10.33%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.09%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.41%	—
Current Drawdown Current decline from peak	-1.28%	-0.47%	-0.81%
Average Drawdown Average peak-to-trough decline	-6.71%	-7.41%	+0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.49%	—

Volatility

Volatility by Period

	DVXK	XT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	32.24%	15.99%	+16.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.24%	20.76%	+11.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.24%	20.08%	+12.16%

DVXK vs. XT - Expense Ratio Comparison

DVXK has a 0.89% expense ratio, which is higher than XT's 0.46% expense ratio.

Dividends

DVXK vs. XT - Dividend Comparison

DVXK's dividend yield for the trailing twelve months is around 2.32%, less than XT's 6.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVXK WEBs Technology XLK Defined Volatility ETF	2.32%	3.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XT iShares Future Exponential Technologies ETF	6.61%	7.95%	0.66%	0.41%	0.78%	0.84%	0.77%	1.55%	1.40%	0.97%	1.37%	1.34%

Frequently Asked Questions

Can I hold both DVXK and XT in my portfolio?

DVXK and XT 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 XT?

On fees, XT is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXK or XT?

XT is cheaper with a 0.46% expense ratio, compared with 0.89% for DVXK.

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

XT has the higher dividend yield at 6.61%, compared with 2.32% for DVXK.

What is the main difference between DVXK and XT?

DVXK tracks Syntax Defined Volatility XLK Index, while XT tracks Morningstar Exponential Technologies Index (Net). They also come from different issuers: WEBs and iShares. Their fees differ too: 0.89% for DVXK and 0.46% for XT.