Key stats
About WEBs Defined Volatility XLF ETF
Home page
Inception date
Jul 23, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WEBs Investments, Inc.
Distributor
Foreside Fund Services LLC
DVXF is a part of a suite of defined volatility ETFs. The fund is passively managed to actively adjust exposure to the SPDR Financial ETF (XLF) based on market volatility. As such, the fund is not expected to track XLF's performance, instead, its exposure is volatility-driven. The fund uses a rules-based strategy, dynamically adjusting exposure to XLF (via direct holdings or total return swaps for leverage) based on 21-day realized volatility relative to the 30% target: exposure increases when volatility is below 30% and decreases (by allocating to cash or cash-like instruments) when above. Fund exposure to XLF can vary between 0-200%. This suite of ETFs provides investors the ability to take a tactical approach to sector rotation or emphasize a sector-focus in a broad market portfolio.
Related funds
Classification
What's in the fund
Exposure type
Cash
ETF
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
DVXF trades at 23.98 USD today, its price has fallen −0.80% in the past 24 hours. Track more dynamics on DVXF price chart.
DVXF net asset value is 24.11 today — it's fallen 2.71% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
DVXF assets under management is 242.11 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
DVXF invests in cash. See more details in our Analysis section.
DVXF expense ratio is 0.89%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, DVXF is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, DVXF doesn't pay dividends to its holders.
DVXF trades at a premium (0.00%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
DVXF shares are issued by WEBs Investments, Inc.
DVXF follows the Syntax Defined Volatility XLF Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 23, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.