DVXP vs. DVXC

Last updated Jun 23, 2026

DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) and DVXC (WEBs Communication Services XLC Defined Volatility ETF) are both exchange-traded funds - DVXP is a Consumer Staples Equities fund tracking the Syntax Defined Volatility XLP Index, while DVXC is a Communications Equities fund tracking the Syntax Defined Volatility XLC Index. Both are passively managed. At a 0.06 correlation, their price movements are largely independent. Both charge a 0.89% expense ratio.

Performance

DVXP vs. DVXC - 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 Communication Services XLC Defined Volatility ETF (DVXC). 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 DVXC's -21.18% return.

DVXP

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

DVXC

• 1D: -4.33%
• 1M: -14.49%
• YTD: -21.18%
• 6M: -19.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXP vs. DVXC - Yearly Performance Comparison

	2026 (YTD)	2025
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	10.51%	-10.24%
DVXC WEBs Communication Services XLC Defined Volatility ETF	-21.18%	16.00%

Correlation

The correlation between DVXP and DVXC is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.06

Return for Risk

DVXP vs. DVXC - 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 Communication Services XLC Defined Volatility ETF (DVXC). 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. DVXC - Drawdown Comparison

The maximum DVXP drawdown since its inception was -16.36%, smaller than the maximum DVXC drawdown of -24.16%. Use the drawdown chart below to compare losses from any high point for DVXP and DVXC.

Drawdown Indicators

	DVXP	DVXC	Difference
Max Drawdown Largest peak-to-trough decline	-16.36%	-24.16%	+7.80%
Current Drawdown Current decline from peak	-11.12%	-24.16%	+13.04%
Average Drawdown Average peak-to-trough decline	-8.28%	-7.47%	-0.81%

Volatility

Volatility by Period

	DVXP	DVXC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.08%	26.75%	-5.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.08%	26.75%	-5.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.08%	26.75%	-5.67%

DVXP vs. DVXC - Expense Ratio Comparison

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

Dividends

DVXP vs. DVXC - Dividend Comparison

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

Position	TTM	2025
DVXC WEBs Communication Services XLC 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 DVXC in my portfolio?

DVXP and DVXC have a correlation of 0.06, 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 DVXC?

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 DVXC?

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

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

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

What is the main difference between DVXP and DVXC?

DVXP is categorized as Consumer Staples Equities, while DVXC is Communications Equities. DVXP tracks Syntax Defined Volatility XLP Index, while DVXC tracks Syntax Defined Volatility XLC Index.