DVXV vs. GSKH

Last updated Jun 24, 2026

DVXV (WEBs Health Care XLV Defined Volatility ETF) and GSKH (GSK plc ADRhedged ETF) are both Health & Biotech Equities funds - DVXV tracks the Syntax Defined Volatility XLV Index while GSKH tracks the GSK plc Local Shares Total Return. Both are passively managed. A 0.57 correlation means they provide meaningful diversification when combined. DVXV charges 0.89%/yr vs 0.19%/yr for GSKH.

Performance

DVXV vs. GSKH - Performance Comparison

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

Returns By Period

In the year-to-date period, DVXV achieves a -1.82% return, which is significantly lower than GSKH's 9.90% return.

DVXV

• 1D: 1.62%
• 1M: 2.24%
• YTD: -1.82%
• 6M: -2.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSKH

• 1D: 2.87%
• 1M: 2.94%
• YTD: 9.90%
• 6M: 10.56%
• 1Y: 42.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXV vs. GSKH - Yearly Performance Comparison

	2026 (YTD)	2025
DVXV WEBs Health Care XLV Defined Volatility ETF	-1.82%	21.27%
GSKH GSK plc ADRhedged ETF	9.90%	34.18%

Correlation

The correlation between DVXV and GSKH is 0.57, 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	0.57

Return for Risk

DVXV vs. GSKH — Risk / Return Rank

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

DVXV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GSKH

GSKH Risk / Return Rank: 51
GSKH Sharpe Ratio Rank: 53
GSKH Sortino Ratio Rank: 56
GSKH Omega Ratio Rank: 54
GSKH Calmar Ratio Rank: 51
GSKH Martin Ratio Rank: 41

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.

DVXV vs. GSKH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Health Care XLV Defined Volatility ETF (DVXV) and GSK plc ADRhedged ETF (GSKH). 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	GSKH	Difference
Sharpe ratio: Return per unit of total volatility	—	1.64	—
Sortino ratio: Return per unit of downside risk	—	2.43	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.31	—
Martin ratio: Return relative to average drawdown	—	6.06	—

Drawdowns

DVXV vs. GSKH - Drawdown Comparison

The maximum DVXV drawdown since its inception was -14.36%, smaller than the maximum GSKH drawdown of -18.54%. Use the drawdown chart below to compare losses from any high point for DVXV and GSKH.

Drawdown Indicators

	DVXV	GSKH	Difference
Max Drawdown Largest peak-to-trough decline	-14.36%	-18.54%	+4.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.54%	—
Current Drawdown Current decline from peak	-6.49%	-11.62%	+5.13%
Average Drawdown Average peak-to-trough decline	-4.87%	-5.86%	+0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.06%	—

Volatility

Volatility by Period

	DVXV	GSKH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.45%	26.14%	-4.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.45%	26.95%	-5.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.45%	26.95%	-5.50%

DVXV vs. GSKH - Expense Ratio Comparison

DVXV has a 0.89% expense ratio, which is higher than GSKH's 0.19% expense ratio.

Dividends

DVXV vs. GSKH - Dividend Comparison

DVXV has not paid dividends to shareholders, while GSKH's dividend yield for the trailing twelve months is around 2.82%.

Position	TTM	2025
DVXV WEBs Health Care XLV Defined Volatility ETF	0.00%	0.00%
GSKH GSK plc ADRhedged ETF	2.82%	1.15%

Frequently Asked Questions

Can I hold both DVXV and GSKH in my portfolio?

DVXV and GSKH have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVXV or GSKH?

On fees, GSKH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXV or GSKH?

GSKH is cheaper with a 0.19% expense ratio, compared with 0.89% for DVXV.

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

GSKH has the higher dividend yield at 2.82%, compared with 0.00% for DVXV.

What is the main difference between DVXV and GSKH?

DVXV tracks Syntax Defined Volatility XLV Index, while GSKH tracks GSK plc Local Shares Total Return. They also come from different issuers: WEBs and ADRhedged. Their fees differ too: 0.89% for DVXV and 0.19% for GSKH.