AIVI vs. EFAV

Last updated Jun 5, 2026

AIVI (WisdomTree International Al Enhanced Value Fund) and EFAV (iShares Edge MSCI Min Vol EAFE ETF) are both Foreign Large Cap Equities funds. AIVI is actively managed, while EFAV is passively managed. Over the past 10 years, AIVI returned 8.60%/yr vs 5.92%/yr for EFAV. Their correlation of 0.86 suggests significant overlap in exposure. AIVI charges 0.58%/yr vs 0.20%/yr for EFAV.

Performance

AIVI vs. EFAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree International Al Enhanced Value Fund (AIVI) and iShares Edge MSCI Min Vol EAFE ETF (EFAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AIVI achieves a 9.99% return, which is significantly higher than EFAV's 4.42% return. Over the past 10 years, AIVI has outperformed EFAV with an annualized return of 8.60%, while EFAV has yielded a comparatively lower 5.92% annualized return.

AIVI

• 1D: 0.52%
• 1M: 1.80%
• YTD: 9.99%
• 6M: 13.68%
• 1Y: 23.85%
• 3Y*: 18.62%
• 5Y*: 10.06%
• 10Y*: 8.60%

EFAV

• 1D: 0.57%
• 1M: -1.23%
• YTD: 4.42%
• 6M: 5.83%
• 1Y: 9.78%
• 3Y*: 13.24%
• 5Y*: 6.29%
• 10Y*: 5.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AIVI vs. EFAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AIVI WisdomTree International Al Enhanced Value Fund	9.99%	38.68%	2.07%	18.11%	-9.78%	9.33%	-1.28%	17.55%	-9.25%	20.63%
EFAV iShares Edge MSCI Min Vol EAFE ETF	4.42%	26.00%	5.30%	12.52%	-15.11%	7.20%	-0.06%	16.67%	-5.74%	22.24%

Correlation

The correlation between AIVI and EFAV is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.86
Correlation (All Time) Calculated using the full available price history since Oct 21, 2011	0.86

The correlation between AIVI and EFAV has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

AIVI vs. EFAV - Sectors Allocation Comparison

Sectors	AIVI	EFAV
Financial Services	39.3%	19.9%
Industrials	16.1%	15.1%
Consumer Defensive	7.2%	11.5%
Basic Materials	6.7%	1.6%
Energy	5.6%	8.2%
Utilities	5.4%	9.1%
Consumer Cyclical	5.2%	5.2%
Healthcare	5.2%	12.4%
Technology	3.3%	4.5%
Real Estate	3.1%	2.9%
Communication Services	2.9%	9.7%

Return for Risk

AIVI vs. EFAV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AIVI

AIVI Risk / Return Rank: 50
AIVI Sharpe Ratio Rank: 54
AIVI Sortino Ratio Rank: 53
AIVI Omega Ratio Rank: 53
AIVI Calmar Ratio Rank: 45
AIVI Martin Ratio Rank: 47

EFAV

EFAV Risk / Return Rank: 28
EFAV Sharpe Ratio Rank: 28
EFAV Sortino Ratio Rank: 26
EFAV Omega Ratio Rank: 26
EFAV Calmar Ratio Rank: 32
EFAV Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AIVI vs. EFAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Al Enhanced Value Fund (AIVI) and iShares Edge MSCI Min Vol EAFE ETF (EFAV). 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.

	AIVI	EFAV	Difference
Sharpe ratio: Return per unit of total volatility	1.81	0.95	+0.86
Sortino ratio: Return per unit of downside risk	2.51	1.38	+1.13
Omega ratio: Gain probability vs. loss probability	1.32	1.17	+0.15
Calmar ratio: Return relative to maximum drawdown	2.19	1.52	+0.67
Martin ratio: Return relative to average drawdown	7.71	4.22	+3.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AIVI vs. EFAV - Sharpe Ratio Comparison

The current AIVI Sharpe Ratio is 1.81, which is higher than the EFAV Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of AIVI and EFAV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AIVI	EFAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.81	0.95	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.54	+0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.45	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.54	-0.29

Drawdowns

AIVI vs. EFAV - Drawdown Comparison

The maximum AIVI drawdown since its inception was -65.98%, which is greater than EFAV's maximum drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for AIVI and EFAV.

Drawdown Indicators

	AIVI	EFAV	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-27.56%	-38.42%
Max Drawdown (1Y) Largest decline over 1 year	-10.92%	-6.46%	-4.46%
Max Drawdown (3Y) Largest decline over 3 years	-11.71%	-8.75%	-2.96%
Max Drawdown (5Y) Largest decline over 5 years	-28.05%	-27.46%	-0.59%
Max Drawdown (10Y) Largest decline over 10 years	-35.42%	-27.56%	-7.86%
Current Drawdown Current decline from peak	-2.18%	-5.07%	+2.89%
Average Drawdown Average peak-to-trough decline	-15.53%	-4.77%	-10.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.10%	2.32%	+0.78%

Volatility

AIVI vs. EFAV - Volatility Comparison

WisdomTree International Al Enhanced Value Fund (AIVI) has a higher volatility of 4.04% compared to iShares Edge MSCI Min Vol EAFE ETF (EFAV) at 3.14%. This indicates that AIVI's price experiences larger fluctuations and is considered to be riskier than EFAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIVI	EFAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.04%	3.14%	+0.90%
Volatility (6M) Calculated over the trailing 6-month period	10.82%	8.19%	+2.63%
Volatility (1Y) Calculated over the trailing 1-year period	13.25%	10.32%	+2.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.13%	11.79%	+3.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.47%	13.21%	+3.26%

AIVI vs. EFAV - Expense Ratio Comparison

AIVI has a 0.58% expense ratio, which is higher than EFAV's 0.20% expense ratio.

Dividends

AIVI vs. EFAV - Dividend Comparison

AIVI's dividend yield for the trailing twelve months is around 4.19%, more than EFAV's 3.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIVI WisdomTree International Al Enhanced Value Fund	4.19%	4.70%	4.94%	5.05%	4.32%	5.53%	3.50%	4.31%	4.21%	3.65%	3.98%	4.23%
EFAV iShares Edge MSCI Min Vol EAFE ETF	3.06%	3.20%	3.24%	3.08%	2.53%	2.47%	1.33%	4.19%	3.34%	2.45%	3.94%	2.49%

Frequently Asked Questions

Can I hold both AIVI and EFAV in my portfolio?

AIVI and EFAV have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIVI or EFAV?

AIVI has higher volatility (4.04%) compared to EFAV (3.14%). In terms of maximum drawdown, AIVI dropped -65.98% vs EFAV's -27.56%.

Which ETF is better, AIVI or EFAV?

On 10-year performance, AIVI leads with 8.60% vs 5.92% for EFAV. On fees, EFAV is cheaper at 0.20% per year. On volatility, EFAV has been the lower-risk option at 3.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIVI or EFAV?

Over the 10-year period, AIVI has performed better with a 8.60% return vs 5.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIVI or EFAV?

EFAV is cheaper with a 0.20% expense ratio, compared with 0.58% for AIVI.

Which ETF pays a higher dividend yield, AIVI or EFAV?

AIVI has the higher dividend yield at 4.19%, compared with 3.06% for EFAV.

What is the main difference between AIVI and EFAV?

They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.58% for AIVI and 0.20% for EFAV.

Which has better risk-adjusted returns?

AIVI currently has the higher Sharpe Ratio (1.81 vs 0.95), 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.