DVXY vs. IEDI

Last updated Jun 4, 2026

DVXY (WEBs Consumer Discretionary XLY Defined Volatility ETF) and IEDI (iShares Evolved U.S. Discretionary Spending ETF) are both Consumer Discretionary Equities funds. DVXY is passively managed, while IEDI is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. DVXY charges 0.89%/yr vs 0.18%/yr for IEDI.

Performance

DVXY vs. IEDI - Performance Comparison

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

Returns By Period

In the year-to-date period, DVXY achieves a -9.95% return, which is significantly lower than IEDI's -1.90% return.

DVXY

• 1D: -1.02%
• 1M: -2.07%
• YTD: -9.95%
• 6M: -11.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IEDI

• 1D: 0.44%
• 1M: -3.26%
• YTD: -1.90%
• 6M: -2.73%
• 1Y: 0.05%
• 3Y*: 13.10%
• 5Y*: 6.11%
• 10Y*: —

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

DVXY vs. IEDI - Yearly Performance Comparison

	2026 (YTD)	2025
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	-9.95%	1.26%
IEDI iShares Evolved U.S. Discretionary Spending ETF	-1.90%	-0.93%

Correlation

The correlation between DVXY and IEDI 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 24, 2025	0.72

Return for Risk

DVXY vs. IEDI — Risk / Return Rank

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

IEDI

IEDI Risk / Return Rank: 9
IEDI Sharpe Ratio Rank: 9
IEDI Sortino Ratio Rank: 8
IEDI Omega Ratio Rank: 8
IEDI Calmar Ratio Rank: 9
IEDI Martin Ratio Rank: 9

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. IEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Consumer Discretionary XLY Defined Volatility ETF (DVXY) and iShares Evolved U.S. Discretionary Spending ETF (IEDI). 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.

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

Sharpe Ratios by Period

	DVXY	IEDI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.38	0.60	-0.98

Drawdowns

DVXY vs. IEDI - Drawdown Comparison

The maximum DVXY drawdown since its inception was -23.09%, smaller than the maximum IEDI drawdown of -30.60%. Use the drawdown chart below to compare losses from any high point for DVXY and IEDI.

Drawdown Indicators

	DVXY	IEDI	Difference
Max Drawdown Largest peak-to-trough decline	-23.09%	-30.60%	+7.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.44%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-29.79%	—
Current Drawdown Current decline from peak	-16.23%	-7.63%	-8.60%
Average Drawdown Average peak-to-trough decline	-7.81%	-6.93%	-0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.85%	—

Volatility

Volatility by Period

	DVXY	IEDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	26.97%	13.46%	+13.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.97%	18.21%	+8.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.97%	19.45%	+7.52%

DVXY vs. IEDI - Expense Ratio Comparison

DVXY has a 0.89% expense ratio, which is higher than IEDI's 0.18% expense ratio.

Dividends

DVXY vs. IEDI - Dividend Comparison

DVXY has not paid dividends to shareholders, while IEDI's dividend yield for the trailing twelve months is around 0.99%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.99%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%

Frequently Asked Questions

Can I hold both DVXY and IEDI in my portfolio?

DVXY and IEDI 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 IEDI?

On fees, IEDI is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DVXY or IEDI?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.89% for DVXY.

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

IEDI has the higher dividend yield at 0.99%, compared with 0.00% for DVXY.

What is the main difference between DVXY and IEDI?

They also come from different issuers: WEBs and iShares. Their fees differ too: 0.89% for DVXY and 0.18% for IEDI.