IXC vs. DVXE
IXC (iShares Global Energy ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both Energy Equities funds - IXC tracks the S&P Global Energy Sector Index while DVXE tracks the Syntax Defined Volatility XLE Index. Both are passively managed. Their correlation of 0.95 suggests significant overlap in exposure. IXC charges 0.46%/yr vs 0.89%/yr for DVXE.
Performance
IXC vs. DVXE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IXC achieves a 32.22% return, which is significantly lower than DVXE's 44.98% return.
IXC
- 1D
- 0.87%
- 1M
- -1.75%
- YTD
- 32.22%
- 6M
- 30.00%
- 1Y
- 48.10%
- 3Y*
- 18.84%
- 5Y*
- 19.64%
- 10Y*
- 10.29%
DVXE
- 1D
- 1.52%
- 1M
- -1.50%
- YTD
- 44.98%
- 6M
- 39.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IXC vs. DVXE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IXC iShares Global Energy ETF | 32.22% | 6.02% |
DVXE WEBs Energy XLE Defined Volatility ETF | 44.98% | 4.49% |
Correlation
The correlation between IXC and DVXE is 0.95, 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 Jul 24, 2025 | 0.95 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IXC vs. DVXE — Risk / Return Rank
IXC
DVXE
IXC vs. DVXE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Energy ETF (IXC) 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.
| IXC | DVXE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.42 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 5.00 | — | — |
| Martin ratioReturn relative to average drawdown | 15.10 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IXC | DVXE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.58 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 1.99 | -1.67 |
Drawdowns
IXC vs. DVXE - Drawdown Comparison
The maximum IXC drawdown since its inception was -67.88%, which is greater than DVXE's maximum drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for IXC and DVXE.
Loading charts...
Drawdown Indicators
| IXC | DVXE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.88% | -17.96% | -49.92% |
Max Drawdown (1Y)Largest decline over 1 year | -9.66% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -19.06% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -24.93% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.16% | — | — |
Current DrawdownCurrent decline from peak | -4.84% | -11.99% | +7.15% |
Average DrawdownAverage peak-to-trough decline | -17.48% | -5.80% | -11.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | — | — |
Volatility
IXC vs. DVXE - Volatility Comparison
Loading charts...
Volatility by Period
| IXC | DVXE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 15.42% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.75% | 31.23% | -12.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.50% | 31.23% | -7.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.85% | 31.23% | -4.38% |
IXC vs. DVXE - Expense Ratio Comparison
IXC has a 0.46% expense ratio, which is lower than DVXE's 0.89% expense ratio.
Dividends
IXC vs. DVXE - Dividend Comparison
IXC's dividend yield for the trailing twelve months is around 2.79%, while DVXE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVXE WEBs Energy XLE Defined Volatility ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IXC iShares Global Energy ETF | 2.79% | 3.68% | 4.56% | 3.45% | 4.76% | 3.98% | 4.86% | 7.00% | 3.51% | 3.05% | 2.86% | 3.77% |
Frequently Asked Questions
With a correlation of 0.95, IXC and DVXE 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.
On fees, IXC is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IXC is cheaper with a 0.46% expense ratio, compared with 0.89% for DVXE.
IXC has the higher dividend yield at 2.79%, compared with 0.00% for DVXE.
IXC tracks S&P Global Energy Sector Index, while DVXE tracks Syntax Defined Volatility XLE Index. They also come from different issuers: iShares and WEBs. Their fees differ too: 0.46% for IXC and 0.89% for DVXE.
Find the right allocation for IXC and DVXE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer