DVXY vs. TMH

Last updated Jun 24, 2026

DVXY (WEBs Consumer Discretionary XLY Defined Volatility ETF) and TMH (Toyota Motor Corporation ADRhedged) are both Consumer Discretionary Equities funds - DVXY tracks the Syntax Defined Volatility XLY Index while TMH tracks the Toyota Motor Corporation Local Shares Total Return. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. DVXY charges 0.89%/yr vs 0.19%/yr for TMH.

Performance

DVXY vs. TMH - Performance Comparison

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

Returns By Period

DVXY

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

TMH

• 1D: -1.80%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DVXY vs. TMH - Yearly Performance Comparison

	2026 (YTD)
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	-8.91%
TMH Toyota Motor Corporation ADRhedged	-9.71%

Correlation

The correlation between DVXY and TMH is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.90

Return for Risk

DVXY vs. TMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WEBs Consumer Discretionary XLY Defined Volatility ETF (DVXY) and Toyota Motor Corporation ADRhedged (TMH). 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. TMH - Drawdown Comparison

The maximum DVXY drawdown since its inception was -23.09%, which is greater than TMH's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for DVXY and TMH.

Drawdown Indicators

	DVXY	TMH	Difference
Max Drawdown Largest peak-to-trough decline	-23.09%	-10.20%	-12.89%
Current Drawdown Current decline from peak	-18.78%	-10.20%	-8.58%
Average Drawdown Average peak-to-trough decline	-8.30%	-5.78%	-2.52%

Volatility

Volatility by Period

	DVXY	TMH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.09%	25.94%	+1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.09%	25.94%	+1.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.09%	25.94%	+1.15%

DVXY vs. TMH - Expense Ratio Comparison

DVXY has a 0.89% expense ratio, which is higher than TMH's 0.19% expense ratio.

Dividends

DVXY vs. TMH - Dividend Comparison

DVXY has not paid dividends to shareholders, while TMH's dividend yield for the trailing twelve months is around 5.28%.

Position	TTM
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	0.00%
TMH Toyota Motor Corporation ADRhedged	5.28%

Frequently Asked Questions

Can I hold both DVXY and TMH in my portfolio?

With a correlation of 0.90, DVXY and TMH move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DVXY or TMH?

On fees, TMH 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, DVXY or TMH?

TMH is cheaper with a 0.19% expense ratio, compared with 0.89% for DVXY.

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

TMH has the higher dividend yield at 5.28%, compared with 0.00% for DVXY.

What is the main difference between DVXY and TMH?

DVXY tracks Syntax Defined Volatility XLY Index, while TMH tracks Toyota Motor Corporation Local Shares Total Return. They also come from different issuers: WEBs and ADRhedged. Their fees differ too: 0.89% for DVXY and 0.19% for TMH.