DVXV vs. DVRE

Last updated Aug 1, 2026

DVXV (WEBs Health Care XLV Defined Volatility ETF) and DVRE (WEBs Real Estate XLRE Defined Volatility ETF) are both exchange-traded funds - DVXV is a Health & Biotech Equities fund tracking the Syntax Defined Volatility XLV Index, while DVRE is a REIT fund tracking the Syntax Defined Volatility XLRE Index. Both are passively managed. Over the past year, DVXV returned 33.47% vs 8.07% for DVRE. Their 0.47 correlation means their historical movements had little consistent relationship. Both charge a 0.89% expense ratio.

Performance

DVXV vs. DVRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Health Care XLV Defined Volatility ETF (DVXV) and WEBs Real Estate XLRE Defined Volatility ETF (DVRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXV achieves a 4.89% return, which is significantly lower than DVRE's 14.13% return.

DVXV

• 1D: -0.50%
• 1M: -1.06%
• 6M: 5.03%
• YTD: 4.89%
• 1Y: 33.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.57%

DVRE

• 1D: -0.65%
• 1M: 1.48%
• 6M: 9.24%
• YTD: 14.13%
• 1Y: 8.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.35%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DVRE WEBs Real Estate XLRE Defined Volatility ETF	$1.26K	$832.59	$697.29
DVXV WEBs Health Care XLV Defined Volatility ETF	$1.42K	$1.10K	$2.54K

DVXV vs. DVRE - Yearly Performance Comparison

	2026 (YTD)	2025
DVXV WEBs Health Care XLV Defined Volatility ETF	4.89%	21.27%
DVRE WEBs Real Estate XLRE Defined Volatility ETF	14.13%	-11.17%

Correlation

The correlation between DVXV and DVRE is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.47
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	0.47

Return for Risk

DVXV vs. DVRE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DVXV

DVXV Risk / Return Rank: 66
DVXV Sharpe Ratio Rank: 70
DVXV Sortino Ratio Rank: 79
DVXV Omega Ratio Rank: 66
DVXV Calmar Ratio Rank: 68
DVXV Martin Ratio Rank: 49

DVRE

DVRE Risk / Return Rank: 19
DVRE Sharpe Ratio Rank: 18
DVRE Sortino Ratio Rank: 18
DVRE Omega Ratio Rank: 18
DVRE Calmar Ratio Rank: 20
DVRE Martin Ratio Rank: 20

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DVXV vs. DVRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Health Care XLV Defined Volatility ETF (DVXV) and WEBs Real Estate XLRE Defined Volatility ETF (DVRE). 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.

	DVXV	DVRE	Difference
Sharpe ratio: Return per unit of total volatility	1.62	0.32	+1.31
Sortino ratio: Return per unit of downside risk	2.56	0.59	+1.98
Omega ratio: Gain probability vs. loss probability	1.28	1.07	+0.21
Calmar ratio: Return relative to maximum drawdown	2.41	0.49	+1.92
Martin ratio: Return relative to average drawdown	5.60	1.25	+4.35

DVXV vs. DVRE - Sharpe Ratio Comparison

The current DVXV Sharpe Ratio is 1.62, which is higher than the DVRE Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of DVXV and DVRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DVXV vs. DVRE - Drawdown Comparison

The maximum DVXV drawdown since its inception was -14.36%, smaller than the maximum DVRE drawdown of -15.88%. Use the drawdown chart below to compare losses from any high point for DVXV and DVRE.

Drawdown Indicators

	DVXV	DVRE	Difference
Max Drawdown Largest peak-to-trough decline	-14.36%	-15.88%	+1.52%
Max Drawdown (1Y) Largest decline over 1 year	-14.36%	-15.88%	+1.52%
Current Drawdown Current decline from peak	-2.61%	-2.98%	+0.37%
Average Drawdown Average peak-to-trough decline	-4.58%	-5.73%	+1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.16%	6.17%	-0.01%

Volatility

DVXV vs. DVRE - Volatility Comparison

The current volatility for WEBs Health Care XLV Defined Volatility ETF (DVXV) is 5.81%, while WEBs Real Estate XLRE Defined Volatility ETF (DVRE) has a volatility of 6.30%. This indicates that DVXV experiences smaller price fluctuations and is considered to be less risky than DVRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DVXV	DVRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.81%	6.30%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	15.13%	18.38%	-3.25%
Volatility (1Y) Calculated over the trailing 1-year period	21.61%	24.61%	-3.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.42%	25.01%	-3.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.42%	25.01%	-3.59%

DVXV vs. DVRE - Expense Ratio Comparison

Both DVXV and DVRE have an expense ratio of 0.89%.

Dividends

DVXV vs. DVRE - Dividend Comparison

DVXV has not paid dividends to shareholders, while DVRE's dividend yield for the trailing twelve months is around 0.87%.

Position	TTM	2025
DVRE WEBs Real Estate XLRE Defined Volatility ETF	0.87%	0.99%
DVXV WEBs Health Care XLV Defined Volatility ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVXV and DVRE in my portfolio?

DVXV and DVRE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DVXV or DVRE?

DVRE has higher volatility (6.30%) compared to DVXV (5.81%). In terms of maximum drawdown, DVXV dropped -14.36% vs DVRE's -15.88%.

Which ETF is better, DVXV or DVRE?

On 1-year performance, DVXV leads with 33.47% vs 8.07% for DVRE. Both ETFs have the same 0.89% expense ratio. On volatility, DVXV has been the lower-risk option at 5.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DVXV or DVRE?

Over the 1-year period, DVXV has performed better with a 33.47% return vs 8.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DVXV or DVRE?

DVXV and DVRE have the same expense ratio: 0.89% per year.

Which ETF pays a higher dividend yield, DVXV or DVRE?

DVRE has the higher dividend yield at 0.87%, compared with 0.00% for DVXV.

What is the main difference between DVXV and DVRE?

DVXV is categorized as Health & Biotech Equities, while DVRE is REIT. DVXV tracks Syntax Defined Volatility XLV Index, while DVRE tracks Syntax Defined Volatility XLRE Index.

Which has better risk-adjusted returns?

DVXV currently has the higher Sharpe Ratio (1.62 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.