DVXP vs. GXPS

Last updated Jun 4, 2026

DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) and GXPS (Global X PureCap MSCI Consumer Staples ETF) are both Consumer Staples Equities funds - DVXP tracks the Syntax Defined Volatility XLP Index while GXPS tracks the MSCI USA Consumer Staples Index. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. DVXP charges 0.89%/yr vs 0.25%/yr for GXPS.

Performance

DVXP vs. GXPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) and Global X PureCap MSCI Consumer Staples ETF (GXPS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXP achieves a 8.96% return, which is significantly higher than GXPS's 7.14% return.

DVXP

• 1D: 0.56%
• 1M: -3.05%
• YTD: 8.96%
• 6M: 7.24%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GXPS

• 1D: 0.91%
• 1M: -2.93%
• YTD: 7.14%
• 6M: 5.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXP vs. GXPS - Yearly Performance Comparison

	2026 (YTD)	2025
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	8.96%	-10.24%
GXPS Global X PureCap MSCI Consumer Staples ETF	7.14%	-1.72%

Correlation

The correlation between DVXP and GXPS is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.93

Return for Risk

DVXP vs. GXPS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) and Global X PureCap MSCI Consumer Staples ETF (GXPS). 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

	DVXP	GXPS	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.44	-0.56

Drawdowns

DVXP vs. GXPS - Drawdown Comparison

The maximum DVXP drawdown since its inception was -16.36%, which is greater than GXPS's maximum drawdown of -9.20%. Use the drawdown chart below to compare losses from any high point for DVXP and GXPS.

Drawdown Indicators

	DVXP	GXPS	Difference
Max Drawdown Largest peak-to-trough decline	-16.36%	-9.20%	-7.16%
Current Drawdown Current decline from peak	-12.38%	-7.97%	-4.41%
Average Drawdown Average peak-to-trough decline	-8.26%	-3.87%	-4.39%

Volatility

Volatility by Period

	DVXP	GXPS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.03%	13.97%	+7.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.03%	13.97%	+7.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.03%	13.97%	+7.06%

DVXP vs. GXPS - Expense Ratio Comparison

DVXP has a 0.89% expense ratio, which is higher than GXPS's 0.25% expense ratio.

Dividends

DVXP vs. GXPS - Dividend Comparison

DVXP's dividend yield for the trailing twelve months is around 0.17%, less than GXPS's 0.56% yield.

Position	TTM	2025
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%
GXPS Global X PureCap MSCI Consumer Staples ETF	0.56%	0.59%

Frequently Asked Questions

Can I hold both DVXP and GXPS in my portfolio?

With a correlation of 0.93, DVXP and GXPS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DVXP or GXPS?

On fees, GXPS is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXP or GXPS?

GXPS is cheaper with a 0.25% expense ratio, compared with 0.89% for DVXP.

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

GXPS has the higher dividend yield at 0.56%, compared with 0.17% for DVXP.

What is the main difference between DVXP and GXPS?

DVXP tracks Syntax Defined Volatility XLP Index, while GXPS tracks MSCI USA Consumer Staples Index. They also come from different issuers: WEBs and Global X. Their fees differ too: 0.89% for DVXP and 0.25% for GXPS.