ETF Evaluator: WEBs Consumer Disc XLY Dfnd Vol ETF () Follow This ETF

WEBs Consumer Disc XLY Dfnd Vol ETF Overview

WEBs Consumer Disc XLY Dfnd Vol ETF (DVXY) is a passively managed Sector Equity Consumer Cyclical exchange-traded fund (ETF). WEBs Investments Inc. launched the ETF in 2025.

The investment seeks to provide investment results that, before fees and expenses, correspond to the performance of the Syntax Defined Volatility XLY Index (the “Index”). The fund implements its investment objective by investing, under normal market conditions, at least 80% of its net assets (including borrowings for investment purposes) in financial instruments that achieve the investment results of the index. The index is a rules-based strategy that seeks to track the net asset value of a portfolio of securities of companies in the consumer discretionary sector of the large-cap U.S. equity market. The fund is non-diversified.

About WEBs Consumer Disc XLY Dfnd Vol ETF (DVXY)

There are 3 members of the management team with an average tenure of 1.02 years: Rafael Zayas (2025), Austin Wen (2025) and Devin Ryder (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: Syntax Defined Volatility XLY TR USD index with a weighting of 100%. WEBs Consumer Disc XLY Dfnd Vol ETF has 4 securities in its portfolio. The top 10 holdings constitute 146.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

WEBs Consumer Disc XLY Dfnd Vol ETF is part of the Equity global asset class and is within the Sector Equity ETF group. WEBs Consumer Disc XLY Dfnd Vol ETF has 0.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 51.1% There is 0.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). WEBs Consumer Disc XLY Dfnd Vol ETF has 46.4% of the portfolio in cash.

Assets Under Management

The fund has $222 million in total assets, which is below the $1 billion average for the Consumer Cyclical category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

DVXY Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WEBs Consumer Disc XLY Dfnd Vol ETF expense ratio is high compared to funds in the Consumer Cyclical category. WEBs Consumer Disc XLY Dfnd Vol ETF has an expense ratio of 0.89%, which is 109% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. WEBs Consumer Disc XLY Dfnd Vol ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 41% for the Consumer Cyclical category.

Recently, in the month of July 2026, WEBs Consumer Disc XLY Dfnd Vol ETF returned -3.3%, which earned it a grade of F, as the Consumer Cyclical category had an average return of -0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

WEBs Consumer Disc XLY Dfnd Vol ETF has a trailing yield of 0.00%, which is below the 0.97% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

WEBs Consumer Disc XLY Dfnd Vol ETF Grades

Year to date, the ETF has returned -12.7%, 12.7 percentage points worse than the category, which translates into a grade of F. The fund has returned -7.4% over the past year (grade of F).

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