ETF Education Report: WEBs Defined Volatility XLF ETF (DVXF)

What this ETF is trying to do

The WEBs Defined Volatility XLF ETF (ticker: DVXF) is an exchange-traded fund listed on the NASDAQ. Based on its holdings, it focuses on the financial sector.

What the numbers show

The current price of one share is approximately $28.74. When we look at how the share price has moved over time, we see some growth:

• Year-to-Date (YTD) Price Return: The share price has increased by approximately 9.17% since the start of the year.

• One-Year Price Return: Over the last twelve months, the share price grew by approximately 19.40%.

To understand this growth, we can look at an estimated price from roughly one year ago, which was approximately $24.07. If you had invested $10,000 into this ETF one year ago, your investment would have grown to approximately $11,940 based on the share-price change alone (before any distributions).

Because the total return data provided is the same as the price return, the one-year total return is also approximately 19.40%. This means the overall return matches the movement of the share price.

Income and distribution explanation

Some investors look for ETFs that pay regular cash, known as distributions. For this ETF, no distributions were detected over the last 12 months. The distribution yield is 0.00%. 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" happens when a fund's value is consistently lost over time.

For DVXF, the erosion-risk score is 100, and the label indicates "No price erosion detected." The erosion severity is described as "good," and there is no severe erosion-risk flag. This means the data does not show signs of the price deteriorating in a way that suggests significant loss of value.

Top Holdings

This ETF has a very concentrated portfolio. As of the latest update on August 20, 2026, its holdings include:

• STATE STREET® FINSELSECTSPDR® ETF (XLF): 46.76% weight.

Please remember that holdings can change over time.

Pros

• The ETF has shown positive price returns over both the year-to-date period and the last twelve months.

• The erosion-risk measurements suggest a stable price trend rather than a pattern of deterioration.

Cons

• The fund is highly concentrated, with a large portion of its weight in a single holding.

• There are no distributions, so it does not provide cash income for investors seeking regular payouts.

Beginner takeaway

DVXF has recently experienced growth in its share price. While some investors seek high distribution yields for income, this fund focuses on price movement rather than paying out cash. Always remember that past performance is not a guarantee of what will happen in the future.