ADPV vs DVSP
Adaptiv Select ETF vs WEBs SPY Defined Volatility ETF
Which is better, ADPV or DVSP?
DVSP has been ahead.
DVSP has a lower expense ratio. DVSP led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ADPV | DVSP |
|---|---|---|
| Expense Ratio | 1.00% | 0.89%Best |
| AUM | $176M | $2M |
| Dividend Yield | 0.69% | 0.26% |
| Holdings | 28 | 8 |
| YTD Return | -0.05% | +10.86%Best |
| 1Y Return | -2.98% | +13.59%Best |
| 3Y Return (annualized) | +22.44% | - |
| Volatility (annualized) | 17.3%Best | 17.8% |
| Max Drawdown | -22.3%Best | -22.7% |
| $10,000 over 1.8 years | $11,947 | $12,078Best |
| Fund Family | Adaptive ETFs | WEBs Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | Dec 16, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 17, 2024 to Oct 15, 2026 (1.8 years).
ADPV vs DVSP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.
ADPV vs DVSP Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and WEBs SPY Defined Volatility ETF (DVSP) is an ETF from WEBs Investments. Over the past year ADPV returned -2.98% while DVSP returned +13.59%. Year to date, ADPV is down 0.05% versus a gain of 10.86% for DVSP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DVSP has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 17.3% for ADPV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -22.3% for ADPV and -22.7% for DVSP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ADPV charges 1.00% per year while DVSP charges 0.89%. On a $10,000 position that is $100 vs $89 annually, a gap of $11 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 0.26% for DVSP.
Holdings Overlap
We hold position weights for 26 holdings in ADPV and 1 in DVSP, totalling 99.9% and 43.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 26 positions we hold weights for in ADPV and 1 in DVSP, against full books of 28 and 8.
You are not choosing between two funds in isolation.
Whichever of ADPV and DVSP you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ADPV or DVSP?
ADPV has an expense ratio of 1.00% while DVSP charges 0.89%. DVSP is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, ADPV or DVSP?
Over the past year ADPV returned -2.98% vs +13.59% for DVSP, so DVSP leads on 1-year performance. Over the longest common window we track (2 years), ADPV annualized +10.39% vs +11.06% for DVSP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADPV or DVSP?
DVSP has been the more volatile fund at 17.8% annualized versus 17.3% for ADPV. Worst drawdown: ADPV -22.3% vs DVSP -22.7%.
Should I hold both ADPV and DVSP?
ADPV and DVSP have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ADPV or DVSP?
ADPV yields 0.69% while DVSP yields 0.26%, so ADPV currently pays the higher dividend yield.
Is DVSP better than ADPV?
DVSP has a lower expense ratio. DVSP led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.