DVXP vs. DVUT

Last updated Jun 23, 2026

DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) and DVUT (WEBs Utilities XLU Defined Volatility ETF) are both exchange-traded funds - DVXP is a Consumer Staples Equities fund tracking the Syntax Defined Volatility XLP Index, while DVUT is a Utilities Equities fund tracking the Syntax Defined Volatility XLU Index. Both are passively managed. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVXP vs. DVUT - 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 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, DVXP achieves a 10.51% return, which is significantly higher than DVUT's 6.30% return.

DVXP

• 1D: -0.81%
• 1M: -3.52%
• YTD: 10.51%
• 6M: 9.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVUT

• 1D: 0.68%
• 1M: -2.07%
• YTD: 6.30%
• 6M: 7.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXP vs. DVUT - Yearly Performance Comparison

	2026 (YTD)	2025
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	10.51%	-10.24%
DVUT WEBs Utilities XLU Defined Volatility ETF	6.30%	2.12%

Correlation

The correlation between DVXP and DVUT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.31

Return for Risk

DVXP vs. DVUT - 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 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

DVXP vs. DVUT - Drawdown Comparison

The maximum DVXP drawdown since its inception was -16.36%, smaller than the maximum DVUT drawdown of -18.27%. Use the drawdown chart below to compare losses from any high point for DVXP and DVUT.

Drawdown Indicators

	DVXP	DVUT	Difference
Max Drawdown Largest peak-to-trough decline	-16.36%	-18.27%	+1.91%
Current Drawdown Current decline from peak	-11.12%	-11.05%	-0.07%
Average Drawdown Average peak-to-trough decline	-8.28%	-7.85%	-0.43%

Volatility

Volatility by Period

	DVXP	DVUT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.08%	26.28%	-5.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.08%	26.28%	-5.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.08%	26.28%	-5.20%

DVXP vs. DVUT - Expense Ratio Comparison

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

Dividends

DVXP vs. DVUT - Dividend Comparison

DVXP's dividend yield for the trailing twelve months is around 0.17%, while DVUT has not paid dividends to shareholders.

Position	TTM	2025
DVUT WEBs Utilities XLU Defined Volatility ETF	0.00%	0.00%
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%

Frequently Asked Questions

Can I hold both DVXP and DVUT in my portfolio?

DVXP and DVUT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVXP 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, DVXP or DVUT?

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

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

DVXP has the higher dividend yield at 0.17%, compared with 0.00% for DVUT.

What is the main difference between DVXP and DVUT?

DVXP is categorized as Consumer Staples Equities, while DVUT is Utilities Equities. DVXP tracks Syntax Defined Volatility XLP Index, while DVUT tracks Syntax Defined Volatility XLU Index.