DVXP vs. IYK

Last updated Jun 4, 2026

DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) and IYK (iShares U.S. Consumer Goods ETF) are both Consumer Staples Equities funds - DVXP tracks the Syntax Defined Volatility XLP Index while IYK tracks the Dow Jones U.S. Consumer Goods Index. Both are passively managed. Their correlation of 0.91 suggests significant overlap in exposure. DVXP charges 0.89%/yr vs 0.42%/yr for IYK.

Performance

DVXP vs. IYK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) and iShares U.S. Consumer Goods ETF (IYK). 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 IYK's 5.67% return.

DVXP

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

IYK

• 1D: 0.24%
• 1M: -1.01%
• YTD: 5.67%
• 6M: 5.57%
• 1Y: 1.60%
• 3Y*: 4.75%
• 5Y*: 5.55%
• 10Y*: 8.87%

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

DVXP vs. IYK - Yearly Performance Comparison

	2026 (YTD)	2025
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	8.96%	-10.24%
IYK iShares U.S. Consumer Goods ETF	5.67%	-3.49%

Correlation

The correlation between DVXP and IYK is 0.91, 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	0.91

Return for Risk

DVXP vs. IYK — Risk / Return Rank

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

IYK

IYK Risk / Return Rank: 10
IYK Sharpe Ratio Rank: 10
IYK Sortino Ratio Rank: 10
IYK Omega Ratio Rank: 9
IYK Calmar Ratio Rank: 10
IYK Martin Ratio Rank: 10

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.

DVXP vs. IYK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) and iShares U.S. Consumer Goods ETF (IYK). 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	IYK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.13	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	0.56	-0.68

Drawdowns

DVXP vs. IYK - Drawdown Comparison

The maximum DVXP drawdown since its inception was -16.36%, smaller than the maximum IYK drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for DVXP and IYK.

Drawdown Indicators

	DVXP	IYK	Difference
Max Drawdown Largest peak-to-trough decline	-16.36%	-42.64%	+26.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.68%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.19%	—
Current Drawdown Current decline from peak	-12.38%	-8.92%	-3.46%
Average Drawdown Average peak-to-trough decline	-8.26%	-5.07%	-3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.02%	—

Volatility

Volatility by Period

	DVXP	IYK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.03%	12.16%	+8.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.03%	12.98%	+8.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.03%	15.50%	+5.53%

DVXP vs. IYK - Expense Ratio Comparison

DVXP has a 0.89% expense ratio, which is higher than IYK's 0.42% expense ratio.

Dividends

DVXP vs. IYK - Dividend Comparison

DVXP's dividend yield for the trailing twelve months is around 0.17%, less than IYK's 2.68% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVXP WEBs Consumer Staples XLP Defined Volatility ETF	0.17%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IYK iShares U.S. Consumer Goods ETF	2.68%	2.75%	2.63%	2.74%	2.16%	1.49%	1.42%	2.21%	2.81%	1.74%	2.63%	2.11%

Frequently Asked Questions

Can I hold both DVXP and IYK in my portfolio?

With a correlation of 0.91, DVXP and IYK 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 IYK?

On fees, IYK is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXP or IYK?

IYK is cheaper with a 0.42% expense ratio, compared with 0.89% for DVXP.

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

IYK has the higher dividend yield at 2.68%, compared with 0.17% for DVXP.

What is the main difference between DVXP and IYK?

DVXP tracks Syntax Defined Volatility XLP Index, while IYK tracks Dow Jones U.S. Consumer Goods Index. They also come from different issuers: WEBs and iShares. Their fees differ too: 0.89% for DVXP and 0.42% for IYK.