31-Jul-2026
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Globe Newswire (Mon, 27-Jul 9:00 AM ET)
WEBs Energy XLE Defined Volatility ETF seeks to provide investment results that, before fees and expenses, correspond to the performance of the Syntax Defined Volatility Energy 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 Energy Index is a rules-based strategy that seeks to track the net asset value of a portfolio of securities of companies in the energy sector of the large-cap U.S. equity market, with investment exposure to The Energy Select Sector SPDR Fund ("XLE" 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 Energy Xle Defined Volatility ETF trades on the NASDAQ stock market under the symbol DVXE.
As of July 31, 2026, DVXE stock price climbed to $40.26 with 485 million shares trading.
DVXE has a market cap of $603,872.00. This is considered a Sub-Micro Cap stock.
DVXE has outperformed the market in the last year with a price return of +54.8% while the SPY ETF gained +18.9%. However, in the short term, DVXE had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.4% vs +4.2% return in SPY. But in the last 2 weeks, DVXE shares have fared better than the market returning +6.0% compared to SPY -0.5%.
DVXE support price is $38.92 and resistance is $40.50 (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 DVXE shares will trade within this expected range on the day.