WEBs ETF Trust - WEBs SPY Defined Volatility ETF
DVSP
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- WEBs ETF Trust—WEBs SPY Defined Volatility ETF is a U.S.-domiciled, passively managed exchange-traded fund that seeks investment results, before fees and expenses, corresponding to the Syntax Defined Volatility U.S. Large Cap 500 Index. The fund provides volatility-managed exposure to the total return performance of the State Street SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index, through investments in SPY shares; over-the-counter total return swaps referencing SPY; cash and cash-like instruments; U.S. Treasury bills, notes and bonds; money market funds; fixed-income ETFs; collateralized repurchase agreements; commercial paper; and other high-quality fixed-income securities. Its rules-based index methodology compares SPY’s annualized 21-trading-day realized volatility with a 20% target volatility rate, increasing SPY exposure, including through swaps and potential leverage, when volatility is below the target and reducing exposure in favor of cash positions when volatility exceeds the target. Exposure to SPY may range from 0% to 200%, and the fund is non-diversified and may concentrate investments to approximately the same extent as SPY, including in information technology-related securities. Shares trade on The Nasdaq Stock Market under the ticker DVSP. The fund was formed on December 13, 2024, and is advised by WEBs Investments Inc., an SEC-registered investment adviser founded in 2024 and headquartered in Park City, Utah; the fund’s suite is supported operationally and for distribution by Westwood Holdings Group Inc., while Syntax LLC serves as index provider. The fund charges a 0.85% management fee and has total annual operating expenses of 0.89%. Recent developments include the October 2025 renaming of the fund from WEBs Defined Volatility SPY ETF to WEBs SPY Defined Volatility ETF as part of a standardized naming convention for the Defined Volatility ETF suite. In August 2026, the Board of Trustees of WEBs ETF Trust approved a plan to close and liquidate the fund; new creation purchases ceased on August 26, 2026, Nasdaq trading was halted after market close on that date, and the fund’s assets were scheduled to be liquidated as of the close of business on August 31, 2026.