XLEI vs. DVXE

Last updated Jun 25, 2026

XLEI (State Street Energy Select Sector SPDR Premium Income ETF) and DVXE (WEBs Energy XLE Defined Volatility ETF) are both Energy Equities funds - XLEI tracks the S&P Energy Select Sector while DVXE tracks the Syntax Defined Volatility XLE Index. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. XLEI charges 0.35%/yr vs 0.89%/yr for DVXE.

Performance

XLEI vs. DVXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Energy Select Sector SPDR Premium Income ETF (XLEI) 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, XLEI achieves a 13.05% return, which is significantly lower than DVXE's 34.11% return.

XLEI

• 1D: -1.56%
• 1M: -5.91%
• YTD: 13.05%
• 6M: 13.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DVXE

• 1D: 0.96%
• 1M: -8.86%
• YTD: 34.11%
• 6M: 35.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLEI vs. DVXE - Yearly Performance Comparison

	2026 (YTD)	2025
XLEI State Street Energy Select Sector SPDR Premium Income ETF	13.05%	6.17%
DVXE WEBs Energy XLE Defined Volatility ETF	34.11%	0.30%

Correlation

The correlation between XLEI and DVXE is 0.93, 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 30, 2025	0.93

Return for Risk

XLEI vs. DVXE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Energy Select Sector SPDR Premium Income ETF (XLEI) 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

XLEI vs. DVXE - Drawdown Comparison

The maximum XLEI drawdown since its inception was -7.98%, smaller than the maximum DVXE drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for XLEI and DVXE.

Drawdown Indicators

	XLEI	DVXE	Difference
Max Drawdown Largest peak-to-trough decline	-7.98%	-20.56%	+12.58%
Current Drawdown Current decline from peak	-7.03%	-18.58%	+11.55%
Average Drawdown Average peak-to-trough decline	-1.70%	-6.35%	+4.65%

Volatility

Volatility by Period

	XLEI	DVXE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.97%	31.12%	-17.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	31.12%	-17.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.97%	31.12%	-17.15%

XLEI vs. DVXE - Expense Ratio Comparison

XLEI has a 0.35% expense ratio, which is lower than DVXE's 0.89% expense ratio.

Dividends

XLEI vs. DVXE - Dividend Comparison

XLEI's dividend yield for the trailing twelve months is around 17.67%, while DVXE has not paid dividends to shareholders.

Position	TTM	2025
DVXE WEBs Energy XLE Defined Volatility ETF	0.00%	0.00%
XLEI State Street Energy Select Sector SPDR Premium Income ETF	17.67%	10.17%

Frequently Asked Questions

Can I hold both XLEI and DVXE in my portfolio?

With a correlation of 0.93, XLEI 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, XLEI or DVXE?

On fees, XLEI is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XLEI or DVXE?

XLEI is cheaper with a 0.35% expense ratio, compared with 0.89% for DVXE.

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

XLEI has the higher dividend yield at 17.67%, compared with 0.00% for DVXE.

What is the main difference between XLEI and DVXE?

XLEI tracks S&P Energy Select Sector, while DVXE tracks Syntax Defined Volatility XLE Index. They also come from different issuers: State Street and WEBs. Their fees differ too: 0.35% for XLEI and 0.89% for DVXE.