TSES vs. DVXE

Last updated Jul 4, 2026

TSES (Truth Social American Energy Security ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both Energy Equities funds - TSES tracks the Truth Social - Yorkville American Energy Security Index while DVXE tracks the Syntax Defined Volatility XLE Index. Both are passively managed. A 0.63 correlation means they provide meaningful diversification when combined. TSES charges 0.65%/yr vs 0.89%/yr for DVXE.

Performance

TSES vs. DVXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truth Social American Energy Security ETF (TSES) and WEBs Energy XLE Defined Volatility ETF (DVXE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TSES achieves a 20.75% return, which is significantly lower than DVXE's 30.20% return.

TSES

• 1D: 0.00%
• 1M: -3.52%
• 6M: 18.38%
• YTD: 20.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: 1.11%
• 1M: -10.19%
• 6M: 26.32%
• YTD: 30.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TSES vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
TSES Truth Social American Energy Security ETF	20.75%	-0.71%
DVXE WEBs Energy XLE Defined Volatility ETF	30.20%	0.41%

Correlation

The correlation between TSES and DVXE is 0.63, 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 Dec 30, 2025	0.63

Return for Risk

TSES vs. DVXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truth Social American Energy Security ETF (TSES) 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.

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

TSES vs. DVXE - Drawdown Comparison

The maximum TSES drawdown since its inception was -6.25%, smaller than the maximum DVXE drawdown of -21.83%. Use the drawdown chart below to compare losses from any high point for TSES and DVXE.

Drawdown Indicators

	TSES	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-6.25%	-21.83%	+15.58%
Current Drawdown Current decline from peak	-6.25%	-20.96%	+14.71%
Average Drawdown Average peak-to-trough decline	-1.73%	-6.77%	+5.04%

Volatility

Volatility by Period

	TSES	DVXE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.79%	30.83%	-15.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.79%	30.83%	-15.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.79%	30.83%	-15.04%

TSES vs. DVXE - Expense Ratio Comparison

TSES has a 0.65% expense ratio, which is lower than DVXE's 0.89% expense ratio.

Dividends

TSES vs. DVXE - Dividend Comparison

TSES's dividend yield for the trailing twelve months is around 0.87%, while DVXE has not paid dividends to shareholders.

Position	TTM
DVXE WEBs Energy XLE Defined Volatility ETF	0.00%
TSES Truth Social American Energy Security ETF	0.87%

Frequently Asked Questions

Can I hold both TSES and DVXE in my portfolio?

TSES and DVXE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TSES or DVXE?

On fees, TSES is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSES or DVXE?

TSES is cheaper with a 0.65% expense ratio, compared with 0.89% for DVXE.

Which ETF pays a higher dividend yield, TSES or DVXE?

TSES has the higher dividend yield at 0.87%, compared with 0.00% for DVXE.

What is the main difference between TSES and DVXE?

TSES tracks Truth Social - Yorkville American Energy Security Index, while DVXE tracks Syntax Defined Volatility XLE Index. They also come from different issuers: Truth Social Funds and WEBs. Their fees differ too: 0.65% for TSES and 0.89% for DVXE.