WEBs SPY Defined Volatility ETF (DVSP)

The WEBs SPY Defined Volatility ETF (DVSP) is an exchange-traded fund from WEBs Investments. It provides exposure to the SPDR S&P 500 ETF Trust, which tracks the S&P 500 Index, through a volatility-managed strategy.

The fund raises its exposure to large-cap U.S. stocks when market volatility is low and scales it back when volatility increases. This approach seeks a more stable level of risk over time than a constant allocation to the S&P 500 would provide.