DVXP vs. DVRE

Last updated Aug 1, 2026

DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) and DVRE (WEBs Real Estate XLRE Defined Volatility ETF) are both exchange-traded funds - DVXP is a Consumer Staples Equities fund tracking the Syntax Defined Volatility XLP Index, while DVRE is a REIT fund tracking the Syntax Defined Volatility XLRE Index. Both are passively managed. Over the past year, DVXP returned 7.24% vs 8.07% for DVRE. Their 0.51 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.89% expense ratio.

Performance

DVXP vs. DVRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) 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, DVXP achieves a 15.21% return, which is significantly higher than DVRE's 14.13% return.

DVXP

• 1D: -0.45%
• 1M: 0.32%
• 6M: 2.88%
• YTD: 15.21%
• 1Y: 7.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.34%

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
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	$45.59K	$42.24K	$40.71K

DVXP vs. DVRE - Yearly Performance Comparison

	2026 (YTD)	2025
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	15.21%	-10.24%
DVRE WEBs Real Estate XLRE Defined Volatility ETF	14.13%	-11.17%

Correlation

The correlation between DVXP and DVRE is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.51

The correlation between DVXP and DVRE has been stable across timeframes, ranging from 0.49 to 0.51 - a consistent structural relationship.

Return for Risk

DVXP vs. DVRE — Risk / Return Rank

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

DVXP

DVXP Risk / Return Rank: 20
DVXP Sharpe Ratio Rank: 21
DVXP Sortino Ratio Rank: 21
DVXP Omega Ratio Rank: 20
DVXP Calmar Ratio Rank: 20
DVXP Martin Ratio Rank: 17

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.

DVXP vs. DVRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) 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.

	DVXP	DVRE	Difference
Sharpe ratio: Return per unit of total volatility	0.40	0.32	+0.08
Sortino ratio: Return per unit of downside risk	0.72	0.59	+0.14
Omega ratio: Gain probability vs. loss probability	1.08	1.07	+0.01
Calmar ratio: Return relative to maximum drawdown	0.52	0.49	+0.03
Martin ratio: Return relative to average drawdown	0.90	1.25	-0.35

DVXP vs. DVRE - Sharpe Ratio Comparison

The current DVXP Sharpe Ratio is 0.40, which is comparable to the DVRE Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of DVXP 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

DVXP vs. DVRE - Drawdown Comparison

The maximum DVXP drawdown since its inception was -16.36%, roughly equal to the maximum DVRE drawdown of -15.88%. Use the drawdown chart below to compare losses from any high point for DVXP and DVRE.

Drawdown Indicators

	DVXP	DVRE	Difference
Max Drawdown Largest peak-to-trough decline	-16.36%	-15.88%	-0.48%
Max Drawdown (1Y) Largest decline over 1 year	-16.36%	-15.88%	-0.48%
Current Drawdown Current decline from peak	-7.34%	-2.98%	-4.36%
Average Drawdown Average peak-to-trough decline	-8.28%	-5.73%	-2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.37%	6.17%	+3.20%

Volatility

DVXP vs. DVRE - Volatility Comparison

WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) has a higher volatility of 6.69% compared to WEBs Real Estate XLRE Defined Volatility ETF (DVRE) at 6.30%. This indicates that DVXP'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

	DVXP	DVRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.69%	6.30%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	15.43%	18.38%	-2.95%
Volatility (1Y) Calculated over the trailing 1-year period	21.19%	24.61%	-3.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.20%	25.01%	-3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.20%	25.01%	-3.81%

DVXP vs. DVRE - Expense Ratio Comparison

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

Dividends

DVXP vs. DVRE - Dividend Comparison

DVXP's dividend yield for the trailing twelve months is around 0.16%, less than DVRE's 0.87% yield.

Position	TTM	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	0.87%	0.99%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.16%	0.19%

Frequently Asked Questions

Can I hold both DVXP and DVRE in my portfolio?

DVXP and DVRE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DVXP or DVRE?

DVXP has higher volatility (6.69%) compared to DVRE (6.30%). In terms of maximum drawdown, DVXP dropped -16.36% vs DVRE's -15.88%.

Which ETF is better, DVXP or DVRE?

On 1-year performance, DVRE leads with 8.07% vs 7.24% for DVXP. 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, DVXP or DVRE?

Over the 1-year period, DVRE has performed better with a 8.07% return vs 7.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DVXP or DVRE?

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

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

DVRE has the higher dividend yield at 0.87%, compared with 0.16% for DVXP.

What is the main difference between DVXP and DVRE?

DVXP is categorized as Consumer Staples Equities, while DVRE is REIT. DVXP tracks Syntax Defined Volatility XLP Index, while DVRE tracks Syntax Defined Volatility XLRE Index.

Which has better risk-adjusted returns?

DVXP currently has the higher Sharpe Ratio (0.40 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.