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Globe Newswire (Mon, 27-Jul 9:00 AM ET)
WEBs Technology XLK Defined Volatility ETF seeks to provide investment results that, before fees and expenses, correspond to the performance of the Syntax Defined Volatility Technology Index (the "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 Technology Index is a rules-based strategy that seeks to track the net asset value of a portfolio of securities of companies in the technology sector of the large-cap U.S. equity market, with investment exposure to The Technology Select Sector SPDR Fund ("XLK" 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 Technology Xlk Defined Volatility ETF trades on the NASDAQ stock market under the symbol DVXK.
As of August 6, 2026, DVXK stock price was flat at $37.50 with 5 million shares trading.
DVXK has a market cap of $6.38 million. This is considered a Sub-Micro Cap stock.
DVXK has outperformed the market in the last year with a return of +52.8%, while the SPY ETF gained +24.0%. In the last 3 month period, DVXK beat the market returning +16.6%, while SPY returned +6.8%. However, in the most recent 2 weeks DVXK has underperformed the stock market by returning +2.6%, while SPY returned +3.2%.
DVXK support price is $36.80 and resistance is $38.21 (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 DVXK shares will trade within this expected range on the day.