DVXY vs. DVQQ

Last updated Jun 23, 2026

DVXY (WEBs Consumer Discretionary XLY Defined Volatility ETF) and DVQQ (WEBs QQQ Defined Volatility ETF) are both exchange-traded funds - DVXY is a Consumer Discretionary Equities fund tracking the Syntax Defined Volatility XLY Index, while DVQQ is a Large Cap Growth Equities fund tracking the Syntax Defined Volatility Triple Qs Index. Both are passively managed. A 0.72 correlation means they provide meaningful diversification when combined. DVXY charges 0.89%/yr vs 0.94%/yr for DVQQ.

Performance

DVXY vs. DVQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WEBs Consumer Discretionary XLY Defined Volatility ETF (DVXY) and WEBs QQQ Defined Volatility ETF (DVQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXY achieves a -11.78% return, which is significantly lower than DVQQ's 17.26% return.

DVXY

• 1D: -1.93%
• 1M: -5.13%
• YTD: -11.78%
• 6M: -16.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVQQ

• 1D: -0.28%
• 1M: 1.35%
• YTD: 17.26%
• 6M: 15.36%
• 1Y: 46.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXY vs. DVQQ - Yearly Performance Comparison

	2026 (YTD)	2025
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	-11.78%	1.31%
DVQQ WEBs QQQ Defined Volatility ETF	17.26%	12.16%

Correlation

The correlation between DVXY and DVQQ is 0.72, 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	0.72

Return for Risk

DVXY vs. DVQQ — Risk / Return Rank

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

DVXY

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

DVQQ

DVQQ Risk / Return Rank: 54
DVQQ Sharpe Ratio Rank: 60
DVQQ Sortino Ratio Rank: 51
DVQQ Omega Ratio Rank: 54
DVQQ Calmar Ratio Rank: 55
DVQQ Martin Ratio Rank: 50

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.

DVXY vs. DVQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Consumer Discretionary XLY Defined Volatility ETF (DVXY) and WEBs QQQ Defined Volatility ETF (DVQQ). 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.

	DVXY	DVQQ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.93	—
Sortino ratio: Return per unit of downside risk	—	2.41	—
Omega ratio: Gain probability vs. loss probability	—	1.33	—
Calmar ratio: Return relative to maximum drawdown	—	2.60	—
Martin ratio: Return relative to average drawdown	—	8.34	—

Drawdowns

DVXY vs. DVQQ - Drawdown Comparison

The maximum DVXY drawdown since its inception was -23.09%, smaller than the maximum DVQQ drawdown of -25.28%. Use the drawdown chart below to compare losses from any high point for DVXY and DVQQ.

Drawdown Indicators

	DVXY	DVQQ	Difference
Max Drawdown Largest peak-to-trough decline	-23.09%	-25.28%	+2.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.89%	—
Current Drawdown Current decline from peak	-17.93%	-3.76%	-14.17%
Average Drawdown Average peak-to-trough decline	-8.25%	-7.17%	-1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.56%	—

Volatility

Volatility by Period

	DVXY	DVQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	27.13%	24.05%	+3.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.13%	24.92%	+2.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.13%	24.92%	+2.21%

DVXY vs. DVQQ - Expense Ratio Comparison

DVXY has a 0.89% expense ratio, which is lower than DVQQ's 0.94% expense ratio.

Dividends

DVXY vs. DVQQ - Dividend Comparison

DVXY has not paid dividends to shareholders, while DVQQ's dividend yield for the trailing twelve months is around 0.03%.

Position	TTM	2025
DVQQ WEBs QQQ Defined Volatility ETF	0.03%	0.04%
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both DVXY and DVQQ in my portfolio?

DVXY and DVQQ have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DVXY or DVQQ?

On fees, DVXY is cheaper at 0.89% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXY or DVQQ?

DVXY is cheaper with a 0.89% expense ratio, compared with 0.94% for DVQQ.

Which ETF pays a higher dividend yield, DVXY or DVQQ?

DVQQ has the higher dividend yield at 0.03%, compared with 0.00% for DVXY.

What is the main difference between DVXY and DVQQ?

DVXY is categorized as Consumer Discretionary Equities, while DVQQ is Large Cap Growth Equities. DVXY tracks Syntax Defined Volatility XLY Index, while DVQQ tracks Syntax Defined Volatility Triple Qs Index. Their fees differ too: 0.89% for DVXY and 0.94% for DVQQ.