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Globe Newswire (Mon, 27-Jul 9:00 AM ET)
WEBs Materials XLB Defined Volatility ETF seeks to provide investment results that, before fees and expenses, correspond to the performance of the Syntax Defined Volatility Materials Index. The Fund is a passively managed ETF listed for trading on the Exchange. 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. Syntax Defined Volatility Materials Index is a rules-based strategy that seeks to track the net asset value of a portfolio of securities of companies in the materials sector of the large-cap U.S. equity market, with investment exposure to The Materials Select Sector SPDR Fund ("XLB" or the "Underlying ETF"), adjusted for a targeted annual volatility rate of 30% (a representation of the annual long-term volatility rate of the Underlying ETF) (the "Defined Volatility Rate"). The Index was created by Syntax LLC.
Webs Materials Xlb Defined Volatility ETF trades on the NASDAQ stock market under the symbol DVXB.
As of July 28, 2026, DVXB stock price was flat at $28.02 with 102 million shares trading.
DVXB has a market cap of $280,231.00. This is considered a Sub-Micro Cap stock.
DVXB has underperformed the market in the last year with a return of +11.0%, while the SPY ETF gained +17.5%. In the last 3 month period, DVXB fell short of the market, returning -4.3%, while SPY returned +3.9%. However, in the most recent 2 weeks DVXB has outperformed the stock market by returning +2.7%, while SPY returned -1.1%.
DVXB support price is $27.59 and resistance is $28.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DVXB shares will trade within this expected range on the day.
