TMH vs. DVXY

Last updated Jun 4, 2026

TMH (Toyota Motor Corporation ADRhedged) and DVXY (WEBs Consumer Discretionary XLY Defined Volatility ETF) are both Consumer Discretionary Equities funds - TMH tracks the Toyota Motor Corporation Local Shares Total Return while DVXY tracks the Syntax Defined Volatility XLY Index. Both are passively managed. Their correlation of 0.80 suggests significant overlap in exposure. TMH charges 0.19%/yr vs 0.89%/yr for DVXY.

Performance

TMH vs. DVXY - Performance Comparison

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

Returns By Period

TMH

• 1D: -0.03%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXY

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

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

TMH vs. DVXY - Yearly Performance Comparison

	2026 (YTD)
TMH Toyota Motor Corporation ADRhedged	-5.59%
DVXY WEBs Consumer Discretionary XLY Defined Volatility ETF	-6.74%

Correlation

The correlation between TMH and DVXY is 0.80, 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 29, 2026	0.80

Return for Risk

TMH vs. DVXY - Risk-Adjusted Trends Comparison

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

	TMH	DVXY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-5.39	-0.38	-5.01

Drawdowns

TMH vs. DVXY - Drawdown Comparison

The maximum TMH drawdown since its inception was -5.59%, smaller than the maximum DVXY drawdown of -23.09%. Use the drawdown chart below to compare losses from any high point for TMH and DVXY.

Drawdown Indicators

	TMH	DVXY	Difference
Max Drawdown Largest peak-to-trough decline	-5.59%	-23.09%	+17.50%
Current Drawdown Current decline from peak	-5.59%	-16.23%	+10.64%
Average Drawdown Average peak-to-trough decline	-4.22%	-7.81%	+3.59%

Volatility

Volatility by Period

	TMH	DVXY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.85%	26.97%	-6.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.85%	26.97%	-6.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.85%	26.97%	-6.12%

TMH vs. DVXY - Expense Ratio Comparison

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

Dividends

TMH vs. DVXY - Dividend Comparison

Neither TMH nor DVXY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both TMH and DVXY in my portfolio?

TMH and DVXY have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TMH or DVXY?

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, TMH or DVXY?

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

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

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

What is the main difference between TMH and DVXY?

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