DVXV vs. DVXE
DVXV (WEBs Health Care XLV Defined Volatility ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both exchange-traded funds - DVXV is a Health & Biotech Equities fund tracking the Syntax Defined Volatility XLV Index, while DVXE is a Energy Equities fund tracking the Syntax Defined Volatility XLE Index. Both are passively managed. Over the past year, DVXV returned 33.47% vs 61.29% for DVXE. Their -0.03 correlation means they have often moved in opposite directions in the past. Both charge a 0.89% expense ratio.
Performance
DVXV vs. DVXE - Performance Comparison
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Returns By Period
In the year-to-date period, DVXV achieves a 4.89% return, which is significantly lower than DVXE's 50.61% return.
DVXV
- 1D
- -0.50%
- 1M
- -1.06%
- 6M
- 5.03%
- YTD
- 4.89%
- 1Y
- 33.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 26.57%
DVXE
- 1D
- 1.38%
- 1M
- 15.67%
- 6M
- 26.93%
- YTD
- 50.61%
- 1Y
- 61.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 55.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $14.59K | $12.40K | $16.43K | |
| $1.42K | $1.10K | $2.54K |
DVXV vs. DVXE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DVXV WEBs Health Care XLV Defined Volatility ETF | 4.89% | 21.27% |
DVXE WEBs Energy XLE Defined Volatility ETF | 50.61% | 4.49% |
Correlation
The correlation between DVXV and DVXE is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025 | -0.03 |
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Return for Risk
DVXV vs. DVXE — Risk / Return Rank
DVXV
DVXE
DVXV vs. DVXE - 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 Energy XLE Defined Volatility ETF (DVXE). 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 | DVXE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.41 | 2.59 | -0.19 |
| Martin ratioReturn relative to average drawdown | 5.60 | 6.05 | -0.46 |
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Drawdowns
DVXV vs. DVXE - Drawdown Comparison
The maximum DVXV drawdown since its inception was -14.36%, smaller than the maximum DVXE drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for DVXV and DVXE.
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Drawdown Indicators
| DVXV | DVXE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.36% | -21.83% | +7.47% |
Max Drawdown (1Y)Largest decline over 1 year | -14.36% | -21.83% | +7.47% |
Current DrawdownCurrent decline from peak | -2.61% | -8.57% | +5.96% |
Average DrawdownAverage peak-to-trough decline | -4.58% | -7.25% | +2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.16% | 9.37% | -3.21% |
Volatility
DVXV vs. DVXE - Volatility Comparison
The current volatility for WEBs Health Care XLV Defined Volatility ETF (DVXV) is 5.81%, while WEBs Energy XLE Defined Volatility ETF (DVXE) has a volatility of 8.29%. This indicates that DVXV experiences smaller price fluctuations and is considered to be less risky than DVXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DVXV | DVXE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 8.29% | -2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 15.13% | 22.36% | -7.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.61% | 30.92% | -9.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.42% | 30.78% | -9.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.42% | 30.78% | -9.36% |
DVXV vs. DVXE - Expense Ratio Comparison
Both DVXV and DVXE have an expense ratio of 0.89%.
Dividends
DVXV vs. DVXE - Dividend Comparison
Neither DVXV nor DVXE has paid dividends to shareholders.
Frequently Asked Questions
DVXV and DVXE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DVXE has higher volatility (8.29%) compared to DVXV (5.81%). In terms of maximum drawdown, DVXV dropped -14.36% vs DVXE's -21.83%.
On 1-year performance, DVXE leads with 61.29% vs 33.47% for DVXV. 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.
Over the 1-year period, DVXE has performed better with a 61.29% return vs 33.47%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DVXV and DVXE have the same expense ratio: 0.89% per year.
DVXV and DVXE have nearly identical dividend yields, around 0.00%.
DVXV is categorized as Health & Biotech Equities, while DVXE is Energy Equities. DVXV tracks Syntax Defined Volatility XLV Index, while DVXE tracks Syntax Defined Volatility XLE Index.
DVXE currently has the higher Sharpe Ratio (1.83 vs 1.62), 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.
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