A side-by-side comparison of WEBs Defined Volatility XLP ETF (DVXP) and Invesco DWA Consumer Staples Momentum ETF (PSL) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | DVXP | PSL |
|---|---|---|
| YTD Return | +6.10%✓ | -3.06% |
| 1-Day Change | -7.88% | +0.30%✓ |
| 1-Week Change | -7.88% | -0.96%✓ |
| 1-Month Change | +3.18%✓ | -6.85% |
| Current Price | $24.49 | $106.68 |
| AUM | $244,858 | $78M✓ |
| MER (Expense Ratio) | — | 0.6% |
| Dividend Yield | 0.16% | 0.73%✓ |
| Distribution Frequency | — | NA |
| Inception Date | 2025-07-22 | 2006-10-12 |
| Holdings Count | 1 | 48 |
| MorningStar Rating | — | ★★★★ |
| Category | Consumer Defensive | Consumer Defensive |
| Beta | 0.00 | 0.74 |
| 52-Week High | $26.58 | $117.10 |
| 52-Week Low | $21.67 | $97.22 |
| 50-Day MA | $25.72 | $112.96 |
| 200-Day MA | $25.12 | $110.52 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | DVXP | PSL |
|---|---|---|
| YTD | +6.10%✓ | -3.06% |
| 1 Year | +12.52%✓ | +0.32% |
| 3 Year | — | +9.30% |
| 5 Year | — | +4.90% |
| 10 Year | — | +7.78% |
| 1Y Volatility | 23.83% | 16.79% |
| Sharpe Ratio (3Y) | — | 0.42 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | XLP | Consumer Staples Select Sector SPDR® Fund | 50.41% |
| 1 | COST | Costco Wholesale Corp | 5.05% |
| 2 | USFD | US Foods Holding Corp | 5.05% |
| 3 | CHD | Church & Dwight Company Inc | 4.74% |
| 4 | PM | Philip Morris International Inc | 3.99% |
| 5 | CASY | Caseys General Stores Inc | 3.94% |
| 6 | PFGC | Performance Food Group Co | 3.90% |
| 7 | KR | Kroger Company | 3.40% |
| 8 | DAR | Darling Ingredients Inc | 3.37% |
| 9 | MO | Altria Group | 3.31% |
| 10 | MNST | Monster Beverage Corp | 3.26% |
Sector Weights
| Sector | DVXP | PSL |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 7.57% |
| Consumer Defensive | 0.00% | 89.05% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 1.38% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 2.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About DVXP
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. The index is a rules-based strategy that seeks to track the net asset value of a portfolio of securities of companies in the consumer staples sector of the large-cap U.S. equity market. The fund is non-diversified.
About PSL
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of at least 30 securities of companies in the consumer staples sector that have powerful relative strength or momentum characteristics.
Which ETF is Right for You?
Both DVXP and PSL are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, PSL scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between DVXP and PSL?
DVXP (WEBs Defined Volatility XLP ETF) and PSL (Invesco DWA Consumer Staples Momentum ETF) are both Canadian-listed ETFs. Key differences include their AUM ($244,858 vs $78M), dividend yield (0.16% vs 0.73%), and year-to-date performance (+6.10% vs -3.06%).
Is DVXP better than PSL?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, DVXP has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy DVXP and PSL on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both DVXP and PSL should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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