ETF Report: WEBs Defined Volatility XLC ETF (DVXC)

What this ETF is trying to do

The WEBs Defined Volatility XLC ETF (ticker: DVXC) is an exchange-traded fund listed on the NASDAQ. Based on its holdings, it focuses on a specific sector of the market through its primary holding.

What the numbers show

As of August 11, 2026, the current price of DVXC is $23.72. Looking back at history, we can use an estimated price from roughly one year ago, which was approximately $25.00.

The data shows the following performance:

• Year-to-Date (YTD) Price Return: -18.14%

• Year-to-Date (YTD) Total Return: -18.14%

• One-Year Price Return: -5.13%

• One-Year Total Return: -5.13%

It is important to note that "price return" only measures how much the share price changed. "Total return" includes both price changes and any cash distributions. In this case, the price return and total return figures are the same because no distributions were detected.

Income and distribution explanation

Some investors look for ETFs that pay out regular cash, known as distributions. For DVXC, the distribution yield is 0%. No distributions have been detected over the last 12 months. Because there are no payouts, this ETF does not currently provide cash income to investors.

NAV erosion explanation

"NAV" stands for Net Asset Value, which is the actual value of the assets held by the fund. "NAV erosion" is a term used when the value of those underlying assets declines.

The StockValueFinder erosion-risk score for this ETF is 75, which is labeled as "Mild price erosion." This means there has been some mild deterioration in the share price. However, a falling market price does not always mean the NAV itself has declined; it simply means the price people are paying for the shares has gone down.

Top Holdings

The following is the top holding for this fund (as of August 20, 2026):

• STATE STREET® COMMSERVSELSECTSPDR®ETF (XLC): 52.99%

Please remember that holdings can change over time.

Pros

• The ETF provides direct exposure to its primary holding, the XLC ETF.

Cons

• The fund has experienced a share-price decline both over the last year and year-to-date.

• There are no recorded cash distributions for investors seeking income.

Beginner takeaway

When looking at an ETF, it is helpful to look at both the price return and the total return. If an ETF's price falls significantly, it can result in a loss of principal (the original money put in). While this fund shows "mild" erosion risk rather than a "severe erosion-risk flag," the negative returns show that the share price has been moving downward recently.