DVSP ETF — WEBs Defined Volatility SPY ETF

WEBs Defined Volatility SPY ETF (DVSP)

Updated October 16, 2026.

DVSP is an ETF. its trailing-12-month yield is 0.25%, its expense ratio is 0.89%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 18.5% over the past 1.8 years, 10.7 points behind SPY at 29.2%.

WEBs Defined Volatility SPY ETF is an ETF that tracks the performance of the S&P 500 through the SPDR S&P 500 ETF while adjusting its exposure to maintain a targeted annual volatility rate of 20%. The fund carries a 0.89% expense ratio and makes annual distributions, though its latest payout was special and may not recur. This fund appeals primarily to investors seeking equity exposure with a defined volatility profile rather than traditional dividend income.

DVSP performance versus SPY

Price and return data through 2026-10-16.

Total return is 18.5% over the past 1.8 years, 10.7 points behind SPY at 29.2%. Over the past year its total return — price change plus distributions reinvested — is 12.3%. Its deepest 1-year drawdown was 15.6%.

DVSP key facts

Distribution Safety Score™

50 · Unproven

Issuer

WEBs Investments

Asset type

ETF

Asset class

Equity

Inception date

12/16/2024

Expense ratio

0.89%

Distribution frequency

Annual

Trailing yield

0.25%

Last close

$29.44 (as of 2026-10-16)

AUM

$1,349,054

Average volume

1404.0

Dividend

$0.075

Ex-dividend date

12/30/2025

Payment date

01/05/2026

Beta

1.5853

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.25%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: WEBs Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DVSP risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 15.6%.

Who may consider DVSP — and who may not

It is a weaker fit for investors who need monthly cash flow (DVSP pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DVSP

• All tickers starting with D

Frequently asked questions

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