WEEI vs. DVXE

Last updated Jun 4, 2026

WEEI (Westwood Salient Enhanced Energy Income ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both Energy Equities funds. WEEI is actively managed, while DVXE is passively managed. Their correlation of 0.95 suggests significant overlap in exposure. WEEI charges 0.85%/yr vs 0.89%/yr for DVXE.

Performance

WEEI vs. DVXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Westwood Salient Enhanced Energy Income ETF (WEEI) 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, WEEI achieves a 18.85% return, which is significantly lower than DVXE's 44.98% return.

WEEI

• 1D: 0.67%
• 1M: 0.42%
• YTD: 18.85%
• 6M: 18.31%
• 1Y: 34.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: 1.52%
• 1M: -1.50%
• YTD: 44.98%
• 6M: 39.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WEEI vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
WEEI Westwood Salient Enhanced Energy Income ETF	18.85%	7.00%
DVXE WEBs Energy XLE Defined Volatility ETF	44.98%	4.49%

Correlation

The correlation between WEEI 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

Return for Risk

WEEI vs. DVXE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WEEI

WEEI Risk / Return Rank: 74
WEEI Sharpe Ratio Rank: 75
WEEI Sortino Ratio Rank: 69
WEEI Omega Ratio Rank: 70
WEEI Calmar Ratio Rank: 83
WEEI Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WEEI vs. DVXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Westwood Salient Enhanced Energy Income ETF (WEEI) 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.

	WEEI	DVXE	Difference
Sharpe ratio Return per unit of total volatility	2.46	—	—
Sortino ratio Return per unit of downside risk	3.15	—	—
Omega ratio Gain probability vs. loss probability	1.42	—	—
Calmar ratio Return relative to maximum drawdown	4.48	—	—
Martin ratio Return relative to average drawdown	14.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	WEEI	DVXE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	1.99	-1.29

Drawdowns

WEEI vs. DVXE - Drawdown Comparison

The maximum WEEI drawdown since its inception was -18.78%, roughly equal to the maximum DVXE drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for WEEI and DVXE.

Drawdown Indicators

	WEEI	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-18.78%	-17.96%	-0.82%
Max Drawdown (1Y) Largest decline over 1 year	-7.67%	—	—
Current Drawdown Current decline from peak	-2.75%	-11.99%	+9.24%
Average Drawdown Average peak-to-trough decline	-4.17%	-5.80%	+1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	—	—

Volatility

Volatility by Period

	WEEI	DVXE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.97%	31.23%	-17.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.30%	31.23%	-12.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.30%	31.23%	-12.93%

WEEI vs. DVXE - Expense Ratio Comparison

WEEI has a 0.85% expense ratio, which is lower than DVXE's 0.89% expense ratio.

Dividends

WEEI vs. DVXE - Dividend Comparison

WEEI's dividend yield for the trailing twelve months is around 11.22%, while DVXE has not paid dividends to shareholders.

Position	TTM	2025	2024
DVXE WEBs Energy XLE Defined Volatility ETF	0.00%	0.00%	0.00%
WEEI Westwood Salient Enhanced Energy Income ETF	11.22%	12.59%	7.20%

Frequently Asked Questions

Can I hold both WEEI and DVXE in my portfolio?

With a correlation of 0.95, WEEI 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.

Which ETF is better, WEEI or DVXE?

On fees, WEEI is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WEEI or DVXE?

WEEI is cheaper with a 0.85% expense ratio, compared with 0.89% for DVXE.

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

WEEI has the higher dividend yield at 11.22%, compared with 0.00% for DVXE.

What is the main difference between WEEI and DVXE?

They also come from different issuers: Westwood and WEBs. Their fees differ too: 0.85% for WEEI and 0.89% for DVXE.