Musaffa Logo
W
WEBs Defined Volatility XLB ETF DVXB

Is WEBs Defined Volatility XLB ETF Halal?

Shariah Compliance Analysis of DVXB ETF

No. As of October 2026, WEBs Defined Volatility XLB ETF (DVXB) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

DVXB was created on 2025-07-22 by WEBs. The fund's investment portfolio concentrates primarily on materials equity. DVXB tracks an index that adjusts exposure, between 0-200% via swaps, to the US large-cap materials sector based on recent market volatility. The investment objective is to reduce volatility to a distinct target level and pursue better risk-adjusted sector returns.

DVXB Shariah Compliance

As of October 2026, WEBs Defined Volatility XLB ETF is classified as not halal.

NOT HALAL

WEBs Defined Volatility XLB ETF (DVXB) Chart

Fetching Price Chart...