DVXE vs VYM

Quick Verdict

VYM has a lower expense ratio. DVXE delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: DVXEMore Diversified: VYM

Side-by-Side Comparison

MetricDVXEVYMWinner
Expense Ratio0.89%0.04%
AUM$587,553$79.0B
Dividend Yield0.00%2.86%
Holdings4568
YTD Return+49.73%+16.16%
1Y Return+77.93%+26.05%
3Y Return (annualized)-+18.43%
5Y Return (annualized)-+12.21%
Volatility (annualized)32.7%14.6%
Max Drawdown-21.8%-58.8%
Fund FamilyWEBs InvestmentsVanguard (US)
CategoryEquityEquity
InceptionJul 22, 2025Nov 10, 2006

DVXE vs VYM Performance

WEBs Energy XLE Defined Volatility ETF (DVXE) is a ETF from WEBs Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DVXE returned +77.93% while VYM returned +26.05%. Year to date, DVXE is up 49.73% versus a gain of 16.16% for VYM.

Risk: Volatility and Drawdowns

DVXE has been the more volatile fund, with annualized monthly volatility of 32.7% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -21.8% for DVXE and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.04. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DVXE charges 0.89% per year while VYM charges 0.04%. On a $10,000 position that is $89 vs $4 annually, a gap of $85 per year that compounds over a long holding period. On income, DVXE currently yields 0.00% against 2.86% for VYM.

Holdings Overlap

0.0%overlap

DVXE and VYM share 0 holdings out of 559 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, DVXE or VYM?

DVXE has an expense ratio of 0.89% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $85 per year of difference.

Which performed better, DVXE or VYM?

Over the past year DVXE returned +77.93% vs +26.05% for VYM, so DVXE leads on 1-year performance. Over the longest common window we track (1 years), DVXE annualized +64.29% vs +7.09% for VYM. Past performance does not guarantee future results.

Which is riskier, DVXE or VYM?

DVXE has been the more volatile fund at 32.7% annualized versus 14.6% for VYM. Worst drawdown: DVXE -21.8% vs VYM -58.8%.

Should I hold both DVXE and VYM?

DVXE and VYM have a monthly-return correlation of -0.04, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DVXE and VYM?

DVXE and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 559 unique securities.

Which pays a higher dividend, DVXE or VYM?

DVXE yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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