ETF Report: WEBs Defined Volatility XLV ETF (DVXV)

What this ETF is trying to do

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

What the numbers show

As of August 11, 2026, the current price of one share is approximately $33.77.

When looking at how the share price has moved, we can see significant growth over the last year. The one-year price return was approximately 39.24%. This means the share price increased by that amount over the past twelve months. We can estimate that the price roughly one year ago was $24.25.

For the current year so far (Year-to-Date), the YTD price return is approximately 8.52%. Because total return data for this period matches the price return, the YTD total return is also approximately 8.52%. This figure reflects the overall return including distributions, according to the source data.

Income and distribution explanation

Some investors look for ETFs that pay out regular cash, known as distributions. For this ETF, no distributions were detected over the last 12 months. The distribution yield is 0.00%, and there has been no payout frequency recorded.

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 the value of those underlying assets drops significantly over time.

For this ETF, the erosion-risk score is 100, and the label is "No price erosion detected." The erosion severity is described as "good," and there is no severe erosion-risk flag. This suggests that the fund's price movement has not shown signs of the type of deterioration measured by these specific risk indicators.

Top Holdings

The following is a list of the Top Holdings for this ETF (as of August 20, 2026). Please note that holdings can change over time.

• STATE STREET® HLTHCRSELSECTSPDR® ETF: 55.72%

Pros

• The ETF has shown a strong one-year price return of approximately 39.24%.

• The erosion-risk measurements indicate a "good" status with no detected price erosion.

Cons

• This ETF does not currently provide cash distributions or a distribution yield for investors seeking regular income.

Beginner takeaway

This ETF has experienced significant share-price growth over the last year, moving from an estimated price of $24.25 to its current price of $33.77. While it has performed well in terms of price return, it does not currently pay out dividends or distributions. Always remember that price returns and total returns are different, and past performance does not guarantee future results.