AIVC vs. VOX
AIVC (Amplify Bloomberg AI Value Chain ETF) and VOX (Vanguard Communication Services ETF) are both exchange-traded funds - AIVC is a Technology Equities fund tracking the Bloomberg AI Value Chain Index, while VOX is a Communications Equities fund tracking the MSCI US Investable Market Communication Services 25/50 Index. Both are passively managed. Over the past 10 years, AIVC returned 16.72%/yr vs 8.42%/yr for VOX. A 0.61 correlation means they provide meaningful diversification when combined. AIVC charges 0.59%/yr vs 0.09%/yr for VOX.
Performance
AIVC vs. VOX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AIVC achieves a 66.45% return, which is significantly higher than VOX's -5.35% return. Over the past 10 years, AIVC has outperformed VOX with an annualized return of 16.72%, while VOX has yielded a comparatively lower 8.42% annualized return.
AIVC
- 1D
- -4.78%
- 1M
- 7.56%
- YTD
- 66.45%
- 6M
- 65.87%
- 1Y
- 125.43%
- 3Y*
- 48.25%
- 5Y*
- 16.85%
- 10Y*
- 16.72%
VOX
- 1D
- 0.26%
- 1M
- -6.50%
- YTD
- -5.35%
- 6M
- -5.46%
- 1Y
- 12.86%
- 3Y*
- 21.81%
- 5Y*
- 6.02%
- 10Y*
- 8.42%
AIVC vs. VOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIVC Amplify Bloomberg AI Value Chain ETF | 66.45% | 39.94% | 18.22% | 39.28% | -38.91% | -7.23% | 41.45% | 27.78% | -18.62% | 35.42% |
VOX Vanguard Communication Services ETF | -5.35% | 26.27% | 33.12% | 44.81% | -38.85% | 13.83% | 29.12% | 28.03% | -16.75% | -5.50% |
Correlation
The correlation between AIVC and VOX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2016 | 0.61 |
The correlation between AIVC and VOX shifts across timeframes, from 0.45 (1 year) to 0.67 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AIVC vs. VOX — Risk / Return Rank
AIVC
VOX
AIVC vs. VOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amplify Bloomberg AI Value Chain ETF (AIVC) and Vanguard Communication Services ETF (VOX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AIVC | VOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.09 | ||
| Sortino ratioReturn per unit of downside risk | +2.81 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.15 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 8.94 | 0.95 | +7.99 |
| Martin ratioReturn relative to average drawdown | 27.60 | 3.37 | +24.22 |
Loading charts...
Drawdowns
AIVC vs. VOX - Drawdown Comparison
The maximum AIVC drawdown since its inception was -56.11%, roughly equal to the maximum VOX drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for AIVC and VOX.
Loading charts...
Drawdown Indicators
| AIVC | VOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.11% | -57.18% | +1.07% |
Max Drawdown (1Y)Largest decline over 1 year | -14.11% | -13.56% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -32.55% | -21.15% | -11.40% |
Max Drawdown (5Y)Largest decline over 5 years | -53.58% | -46.76% | -6.82% |
Max Drawdown (10Y)Largest decline over 10 years | -56.11% | -46.76% | -9.35% |
Current DrawdownCurrent decline from peak | -8.48% | -8.53% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -16.38% | -11.90% | -4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.56% | 3.82% | +0.74% |
Volatility
AIVC vs. VOX - Volatility Comparison
Amplify Bloomberg AI Value Chain ETF (AIVC) has a higher volatility of 15.81% compared to Vanguard Communication Services ETF (VOX) at 5.44%. This indicates that AIVC's price experiences larger fluctuations and is considered to be riskier than VOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AIVC | VOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.81% | 5.44% | +10.37% |
Volatility (6M)Calculated over the trailing 6-month period | 26.60% | 11.89% | +14.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.28% | 15.80% | +16.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.73% | 21.24% | +9.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.16% | 20.93% | +6.23% |
AIVC vs. VOX - Expense Ratio Comparison
AIVC has a 0.59% expense ratio, which is higher than VOX's 0.09% expense ratio.
Dividends
AIVC vs. VOX - Dividend Comparison
AIVC's dividend yield for the trailing twelve months is around 0.10%, less than VOX's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIVC Amplify Bloomberg AI Value Chain ETF | 0.10% | 0.17% | 0.21% | 0.00% | 0.00% | 0.00% | 0.39% | 1.16% | 0.38% | 0.92% | 0.64% | 0.00% |
VOX Vanguard Communication Services ETF | 1.04% | 0.95% | 1.05% | 1.03% | 0.88% | 0.93% | 0.73% | 0.90% | 2.77% | 3.83% | 2.67% | 3.55% |
Frequently Asked Questions
AIVC and VOX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIVC has higher volatility (15.81%) compared to VOX (5.44%). In terms of maximum drawdown, AIVC dropped -56.11% vs VOX's -57.18%.
On 10-year performance, AIVC leads with 16.72% vs 8.42% for VOX. On fees, VOX is cheaper at 0.09% per year. On volatility, VOX has been the lower-risk option at 5.44%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, AIVC has performed better with a 16.72% return vs 8.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOX is cheaper with a 0.09% expense ratio, compared with 0.59% for AIVC.
VOX has the higher dividend yield at 1.04%, compared with 0.10% for AIVC.
AIVC is categorized as Technology Equities, while VOX is Communications Equities. AIVC tracks Bloomberg AI Value Chain Index, while VOX tracks MSCI US Investable Market Communication Services 25/50 Index. They also come from different issuers: Amplify and Vanguard. Their fees differ too: 0.59% for AIVC and 0.09% for VOX.
AIVC currently has the higher Sharpe Ratio (3.91 vs 0.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AIVC and VOX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer