DVXY vs. DVXE

Last updated Jun 24, 2026

DVXY (WEBs Consumer Discretionary XLY Defined Volatility ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both exchange-traded funds - DVXY is a Consumer Discretionary Equities fund tracking the Syntax Defined Volatility XLY Index, while DVXE is a Energy Equities fund tracking the Syntax Defined Volatility XLE Index. Both are passively managed. At a correlation of -0.13, they often move in opposite directions. Both charge a 0.89% expense ratio.

Performance

DVXY vs. DVXE - 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 Energy XLE Defined Volatility ETF (DVXE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DVXY achieves a -12.70% return, which is significantly lower than DVXE's 34.11% return.

DVXY

• 1D: -1.04%
• 1M: -6.12%
• YTD: -12.70%
• 6M: -16.74%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: 0.96%
• 1M: -8.86%
• YTD: 34.11%
• 6M: 35.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXY vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	-12.70%	1.31%
DVXE WEBs Energy XLE Defined Volatility ETF	34.11%	4.49%

Correlation

The correlation between DVXY and DVXE is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 23, 2025	-0.13

Return for Risk

DVXY vs. DVXE - 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 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.

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

Drawdowns

DVXY vs. DVXE - Drawdown Comparison

The maximum DVXY drawdown since its inception was -23.09%, which is greater than DVXE's maximum drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for DVXY and DVXE.

Drawdown Indicators

	DVXY	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-23.09%	-20.56%	-2.53%
Current Drawdown Current decline from peak	-18.78%	-18.58%	-0.20%
Average Drawdown Average peak-to-trough decline	-8.30%	-6.35%	-1.95%

Volatility

Volatility by Period

	DVXY	DVXE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.09%	31.12%	-4.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.09%	31.12%	-4.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.09%	31.12%	-4.03%

DVXY vs. DVXE - Expense Ratio Comparison

Both DVXY and DVXE have an expense ratio of 0.89%.

Dividends

DVXY vs. DVXE - Dividend Comparison

Neither DVXY nor DVXE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DVXY and DVXE in my portfolio?

DVXY and DVXE have a correlation of -0.13, 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 DVXE?

Both ETFs have the same 0.89% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXY or DVXE?

DVXY and DVXE have the same expense ratio: 0.89% per year.

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

DVXY and DVXE have nearly identical dividend yields, around 0.00%.

What is the main difference between DVXY and DVXE?

DVXY is categorized as Consumer Discretionary Equities, while DVXE is Energy Equities. DVXY tracks Syntax Defined Volatility XLY Index, while DVXE tracks Syntax Defined Volatility XLE Index.