DVXK vs MUNC

Comparison between WEBs Defined Volatility XLK ETF (DVXK, ETF) and NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF (MUNC, ETF).

DVXK vs MUNC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DVXK(ETF)	MUNC(ETF)
Net Assets	$8M	$8.20M
Expense Ratio	0.89%	0.18%
Max Drawdown	26.47%	3.38%
Sharpe Ratio	1.30	0.27
5Y Beta	2.22	0.06

Net Assets

DVXK

$8M

Winner

MUNC

$8.20M

Expense Ratio

DVXK

0.89%

Winner

MUNC

0.18%

Max Drawdown

DVXK

26.47%

Winner

MUNC

3.38%

Sharpe Ratio

Winner

DVXK

1.30

MUNC

0.27

5Y Beta

DVXK

2.22

Winner

MUNC

0.06

DVXK vs MUNC - Holdings Comparison

DVXK and MUNC have 0 common holdings. Overlap is 0.00%

DVXK's top 25 holdings weight is 45.63%. MUNC's top 25 holdings weight is 50.41%.

Rank	DVXK	MUNC
#1	STATE STREET®TECHSELSECTSPDR®ETF (XLK) - 45.63%	UTILITY DEBT SECURITIZATION AUTH N Y 5% (n/a) - 3.34%
#2	N/A	NEW JERSEY ST TRANSN TR FD AUTH 5% (n/a) - 3.31%
#3	N/A	SUN PRAIRIE WIS 5% (n/a) - 3.25%
#4	N/A	LOS ANGELES CALIF DEPT WTR & PWR REV 5% (n/a) - 3.22%
#5	N/A	IOWA FIN AUTH REV 5% (n/a) - 3.18%
#6	N/A	WAKE CNTY N C 5% (n/a) - 3.06%
#7	N/A	NEW YORK N Y 5% (n/a) - 2.92%
#8	N/A	KENTUCKY ST PPTY & BLDGS COMMN REVS 5% (n/a) - 2.19%
#9	N/A	ROUND ROCK TEX INDPT SCH DIST 5% (n/a) - 2.16%
#10	N/A	MASSACHUSETTS ST 5% (n/a) - 1.95%
#11	N/A	CENTRAL FLA TOURISM OVERSIGHT DIST 5% (n/a) - 1.87%
#12	N/A	FERRIS ST UNIV MICH REV 5% (n/a) - 1.87%
#13	N/A	n/a (n/a) - 1.73%
#14	N/A	DISTRICT COLUMBIA INCOME TAX REV 5% (n/a) - 1.55%
#15	N/A	CASH (n/a) - 1.46%
#16	N/A	n/a (n/a) - 1.43%
#17	N/A	SAN ANTONIO TEX ELEC & GAS REV 5% (n/a) - 1.43%
#18	N/A	n/a (n/a) - 1.41%
#19	N/A	QUITMAN TEX INDPT SCH DIST 5% (n/a) - 1.39%
#20	N/A	ST PAUL MINN INDPT SCH DIST NO 625 5% (n/a) - 1.35%
#21	N/A	MADISON CNTY ALA BRD ED CAP OUTLAY 5% (n/a) - 1.31%
#22	N/A	UNIVERSITY WASH UNIV REVS 5% (n/a) - 1.28%
#23	N/A	NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% (n/a) - 1.27%
#24	N/A	MANSFIELD TEX INDPT SCH DIST 5% (n/a) - 1.26%
#25	N/A	n/a (n/a) - 1.22%
Total Holdings	1	108

DVXK vs MUNC - Historical Returns

Returns include dividend reinvestment.

Period	DVXK	MUNC
1 month	-4.19%	-0.76%
3 months	+24.81%	-0.52%
6 months	+30.42%	-0.34%
1 year	+49.88%	+4.13%
Max(CAGR)	+50.25%	+4.50%

DVXK

-4.19%

Winner

MUNC

-0.76%

Winner

DVXK

+24.81%

MUNC

-0.52%

Winner

DVXK

+30.42%

MUNC

-0.34%

Winner

DVXK

+49.88%

MUNC

+4.13%

Max(CAGR)

Winner

DVXK

+50.25%

MUNC

+4.50%

DVXK vs MUNC - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	DVXK	MUNC
2026	+29.14%	+0.29%
2025	+15.79%	+3.78%

DVXK vs MUNC Drawdown Comparison

The maximum drawdown for DVXK was -24.07%, occurring on Mar 30, 2026. Recovery took 128 trading sessions.

The maximum drawdown for MUNC was -3.17%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current DVXK drawdown is -10.49%. The current MUNC drawdown is -1.93%.

Rank	DVXK	MUNC
#1	-24.07% Oct 29, 2025 - May 5, 2026	-3.17% Feb 26, 2026 - Mar 27, 2026
#2	-12.82% Jun 2, 2026 - Jun 10, 2026	-0.57% Sep 17, 2025 - Oct 10, 2025
#3	-8.22% Oct 8, 2025 - Oct 27, 2025	-0.56% Jan 16, 2026 - Jan 28, 2026
#4	-6.97% Aug 13, 2025 - Sep 10, 2025	-0.33% Nov 11, 2025 - Dec 23, 2025
#5	-5.51% Jul 30, 2025 - Aug 8, 2025	-0.25% Oct 24, 2025 - Nov 7, 2025
#6	-4.60% May 14, 2026 - May 22, 2026	-0.18% Feb 3, 2026 - Feb 5, 2026
#7	-3.52% Sep 22, 2025 - Oct 1, 2025	-0.14% Feb 17, 2026 - Feb 23, 2026
#8	-2.10% May 11, 2026 - May 14, 2026	-0.09% Dec 23, 2025 - Dec 30, 2025
#9	-1.51% Oct 6, 2025 - Oct 8, 2025	-0.09% Aug 29, 2025 - Sep 4, 2025
#10	-1.43% Sep 15, 2025 - Sep 18, 2025	-0.07% Aug 19, 2025 - Aug 22, 2025
#11	-1.37% Aug 8, 2025 - Aug 12, 2025	-0.06% Feb 24, 2026 - Feb 26, 2026
#12	-1.13% Oct 2, 2025 - Oct 6, 2025	-0.04% Oct 17, 2025 - Oct 21, 2025
#13	-0.70% May 26, 2026 - May 28, 2026	-0.04% Feb 10, 2026 - Feb 12, 2026
#14	-0.34% May 6, 2026 - May 8, 2026	-0.03% Oct 10, 2025 - Oct 14, 2025
#15	-0.15% Sep 11, 2025 - Sep 15, 2025	-0.03% Oct 22, 2025 - Oct 24, 2025