PBPH vs. DVXV

Last updated Jun 23, 2026

PBPH (Portfolio Building Block World Pharma and Biotech Index ETF) and DVXV (WEBs Health Care XLV Defined Volatility ETF) are both Health & Biotech Equities funds - PBPH tracks the BITA Global Pharma and Biotech Select Index while DVXV tracks the Syntax Defined Volatility XLV Index. Both are passively managed. Their correlation of 0.86 suggests significant overlap in exposure. PBPH charges 0.13%/yr vs 0.89%/yr for DVXV.

Performance

PBPH vs. DVXV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Portfolio Building Block World Pharma and Biotech Index ETF (PBPH) and WEBs Health Care XLV Defined Volatility ETF (DVXV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PBPH achieves a 1.21% return, which is significantly higher than DVXV's -3.39% return.

PBPH

• 1D: 1.17%
• 1M: -0.54%
• YTD: 1.21%
• 6M: 1.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXV

• 1D: 0.86%
• 1M: 0.61%
• YTD: -3.39%
• 6M: -4.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PBPH vs. DVXV - Yearly Performance Comparison

	2026 (YTD)	2025
PBPH Portfolio Building Block World Pharma and Biotech Index ETF	1.21%	0.74%
DVXV WEBs Health Care XLV Defined Volatility ETF	-3.39%	-0.39%

Correlation

The correlation between PBPH and DVXV is 0.86, 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 Nov 25, 2025	0.86

Return for Risk

PBPH vs. DVXV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Portfolio Building Block World Pharma and Biotech Index ETF (PBPH) and WEBs Health Care XLV Defined Volatility ETF (DVXV). 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

PBPH vs. DVXV - Drawdown Comparison

The maximum PBPH drawdown since its inception was -11.10%, smaller than the maximum DVXV drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for PBPH and DVXV.

Drawdown Indicators

	PBPH	DVXV	Difference
Max Drawdown Largest peak-to-trough decline	-11.10%	-14.36%	+3.26%
Current Drawdown Current decline from peak	-6.53%	-7.98%	+1.45%
Average Drawdown Average peak-to-trough decline	-4.36%	-4.86%	+0.50%

Volatility

Volatility by Period

	PBPH	DVXV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.03%	21.43%	-4.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.03%	21.43%	-4.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.03%	21.43%	-4.40%

PBPH vs. DVXV - Expense Ratio Comparison

PBPH has a 0.13% expense ratio, which is lower than DVXV's 0.89% expense ratio.

Dividends

PBPH vs. DVXV - Dividend Comparison

PBPH's dividend yield for the trailing twelve months is around 0.09%, while DVXV has not paid dividends to shareholders.

Position	TTM	2025
DVXV WEBs Health Care XLV Defined Volatility ETF	0.00%	0.00%
PBPH Portfolio Building Block World Pharma and Biotech Index ETF	0.09%	0.09%

Frequently Asked Questions

Can I hold both PBPH and DVXV in my portfolio?

PBPH and DVXV have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PBPH or DVXV?

On fees, PBPH is cheaper at 0.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PBPH or DVXV?

PBPH is cheaper with a 0.13% expense ratio, compared with 0.89% for DVXV.

Which ETF pays a higher dividend yield, PBPH or DVXV?

PBPH has the higher dividend yield at 0.09%, compared with 0.00% for DVXV.

What is the main difference between PBPH and DVXV?

PBPH tracks BITA Global Pharma and Biotech Select Index, while DVXV tracks Syntax Defined Volatility XLV Index. They also come from different issuers: Portfolio Building Block and WEBs. Their fees differ too: 0.13% for PBPH and 0.89% for DVXV.