DVXB

WEBs Materials XLB Defined Volatility ETF is a passively managed fund that provides exposure to the U.S. large-cap materials sector while employing a systematic, rules-based strategy to target a specific annual volatility rate. The fund dynamically adjusts its market exposure between 0% and 200% based on recent realized volatility, increasing exposure through derivatives when market fluctuations are low and reducing exposure to cash when volatility exceeds the target.