DVXP vs. PSL
DVXP (WEBs Consumer Staples XLP Defined Volatility ETF) and PSL (Invesco DWA Consumer Staples Momentum ETF) are both exchange-traded funds - DVXP is a Consumer Staples Equities fund tracking the Syntax Defined Volatility XLP Index, while PSL is a Momentum fund tracking the DWA Consumer Staples Technical Leaders Index. Both are passively managed. A 0.76 correlation means they provide meaningful diversification when combined. DVXP charges 0.89%/yr vs 0.60%/yr for PSL.
Performance
DVXP vs. PSL - Performance Comparison
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Returns By Period
In the year-to-date period, DVXP achieves a 13.94% return, which is significantly higher than PSL's 11.21% return.
DVXP
- 1D
- 0.90%
- 1M
- -0.52%
- YTD
- 13.94%
- 6M
- 12.53%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PSL
- 1D
- 0.43%
- 1M
- 0.21%
- YTD
- 11.21%
- 6M
- 9.38%
- 1Y
- 1.20%
- 3Y*
- 9.94%
- 5Y*
- 4.59%
- 10Y*
- 8.21%
DVXP vs. PSL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DVXP WEBs Consumer Staples XLP Defined Volatility ETF | 13.94% | -10.24% |
PSL Invesco DWA Consumer Staples Momentum ETF | 11.21% | -7.76% |
Correlation
The correlation between DVXP and PSL is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | 0.76 |
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Return for Risk
DVXP vs. PSL — Risk / Return Rank
DVXP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PSL
DVXP vs. PSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WEBs Consumer Staples XLP Defined Volatility ETF (DVXP) and Invesco DWA Consumer Staples Momentum ETF (PSL). 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 | PSL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.03 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.09 | — |
| Martin ratioReturn relative to average drawdown | — | 0.19 | — |
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Drawdowns
DVXP vs. PSL - Drawdown Comparison
The maximum DVXP drawdown since its inception was -16.36%, smaller than the maximum PSL drawdown of -41.58%. Use the drawdown chart below to compare losses from any high point for DVXP and PSL.
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Drawdown Indicators
| DVXP | PSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.36% | -41.58% | +25.22% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.64% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.64% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.67% | — |
Current DrawdownCurrent decline from peak | -8.36% | -4.60% | -3.76% |
Average DrawdownAverage peak-to-trough decline | -8.29% | -5.81% | -2.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 6.20% | — |
Volatility
DVXP vs. PSL - Volatility Comparison
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Volatility by Period
| DVXP | PSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.44% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 21.13% | 13.11% | +8.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.13% | 15.17% | +5.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.13% | 16.51% | +4.62% |
DVXP vs. PSL - Expense Ratio Comparison
DVXP has a 0.89% expense ratio, which is higher than PSL's 0.60% expense ratio.
Dividends
DVXP vs. PSL - Dividend Comparison
DVXP's dividend yield for the trailing twelve months is around 0.17%, less than PSL's 0.75% 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% |
PSL Invesco DWA Consumer Staples Momentum ETF | 0.75% | 0.93% | 0.60% | 1.37% | 1.98% | 1.24% | 0.80% | 0.47% | 0.75% | 0.34% | 2.08% | 1.18% |
Frequently Asked Questions
DVXP and PSL have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PSL is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PSL is cheaper with a 0.60% expense ratio, compared with 0.89% for DVXP.
PSL has the higher dividend yield at 0.75%, compared with 0.17% for DVXP.
DVXP is categorized as Consumer Staples Equities, while PSL is Momentum. DVXP tracks Syntax Defined Volatility XLP Index, while PSL tracks DWA Consumer Staples Technical Leaders Index. They also come from different issuers: WEBs and Invesco. Their fees differ too: 0.89% for DVXP and 0.60% for PSL.
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