DVSP vs SPYU
WEBs SPY Defined Volatility ETF vs MAX S&P 500 4X Leveraged ETN
Which is better, DVSP or SPYU?
SPYU has been ahead.
SPYU led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95.
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 | DVSP | SPYU |
|---|---|---|
| Expense Ratio | 0.89% | - |
| AUM | $2M | $567M |
| Dividend Yield | 0.26% | 0.00% |
| Holdings | 8 | - |
| YTD Return | +10.86% | +25.79%Best |
| 1Y Return | +13.59% | +31.14%Best |
| Volatility (annualized) | 17.8%Best | 52.9% |
| Max Drawdown | -22.7%Best | -61.1% |
| $10,000 over 1.8 years | $12,078 | $12,994Best |
| Fund Family | WEBs Investments | BMO Capital Markets |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 16, 2024 | Dec 4, 2023 |
Not shown on this pair: 3Y Return (annualized), 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).
DVSP vs SPYU 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.
DVSP vs SPYU Performance
WEBs SPY Defined Volatility ETF (DVSP) is an ETF from WEBs Investments and MAX S&P 500 4X Leveraged ETN (SPYU) is an ETF from BMO Capital Markets. Over the past year DVSP returned +13.59% while SPYU returned +31.14%. Year to date, DVSP is up 10.86% versus a gain of 25.79% for SPYU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYU has been the more volatile fund, with annualized monthly volatility of 52.9% compared with 17.8% for DVSP. 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 -22.7% for DVSP and -61.1% for SPYU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
You are not choosing between two funds in isolation.
Whichever of DVSP and SPYU 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 performed better, DVSP or SPYU?
Over the past year DVSP returned +13.59% vs +31.14% for SPYU, so SPYU leads on 1-year performance. Over the longest common window we track (2 years), DVSP annualized +11.06% vs +15.66% for SPYU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DVSP or SPYU?
SPYU has been the more volatile fund at 52.9% annualized versus 17.8% for DVSP. Worst drawdown: DVSP -22.7% vs SPYU -61.1%.
Should I hold both DVSP and SPYU?
DVSP and SPYU have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, DVSP or SPYU?
DVSP yields 0.26% while SPYU yields 0.00%, so DVSP currently pays the higher dividend yield.
Is SPYU better than DVSP?
SPYU led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.