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AIVI vs. IDEV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

AIVI vs. IDEV

Last updated Jun 4, 2026

AIVI (WisdomTree International Al Enhanced Value Fund) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds. AIVI is actively managed, while IDEV is passively managed. Over the past 5 years, AIVI returned 9.94%/yr vs 8.48%/yr for IDEV. Their correlation of 0.92 suggests significant overlap in exposure. AIVI charges 0.58%/yr vs 0.05%/yr for IDEV.

Performance

AIVI vs. IDEV - Performance Comparison

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

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Returns By Period

In the year-to-date period, AIVI achieves a 9.42% return, which is significantly higher than IDEV's 8.92% return.

AIVI

1D
-0.67%
1M
2.33%
YTD
9.42%
6M
12.83%
1Y
23.87%
3Y*
18.38%
5Y*
9.94%
10Y*
8.65%

IDEV

1D
-0.90%
1M
3.23%
YTD
8.92%
6M
11.57%
1Y
23.20%
3Y*
17.40%
5Y*
8.48%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

AIVI vs. IDEV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
AIVI
WisdomTree International Al Enhanced Value Fund		9.42%38.68%2.07%18.11%-9.78%9.33%-1.28%17.55%-9.25%13.89%
IDEV
iShares Core MSCI International Developed Markets ETF		8.92%32.56%4.54%17.36%-14.99%13.00%8.32%23.12%-14.10%17.29%

Correlation

The correlation between AIVI and IDEV is 0.90, 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

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.91

Correlation (5Y)
Calculated over the trailing 5-year period

0.93

Correlation (All Time)
Calculated using the full available price history since Mar 24, 2017

0.92

The correlation between AIVI and IDEV has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

AIVI vs. IDEV - Sectors Allocation Comparison

Sectors
AIVI
IDEV

Financial Services

39.3%
24.2%

Industrials

16.1%
19.1%

Consumer Defensive

7.2%
6.0%

Basic Materials

6.7%
8.0%

Energy

5.6%
5.9%

Utilities

5.4%
3.7%

Consumer Cyclical

5.2%
7.7%

Healthcare

5.2%
8.6%

Technology

3.3%
9.9%

Real Estate

3.1%
2.9%

Communication Services

2.9%
4.0%

Financial Services

AIVI
39.3%
IDEV
24.2%

Industrials

AIVI
16.1%
IDEV
19.1%

Consumer Defensive

AIVI
7.2%
IDEV
6.0%

Basic Materials

AIVI
6.7%
IDEV
8.0%

Energy

AIVI
5.6%
IDEV
5.9%

Utilities

AIVI
5.4%
IDEV
3.7%

Consumer Cyclical

AIVI
5.2%
IDEV
7.7%

Healthcare

AIVI
5.2%
IDEV
8.6%

Technology

AIVI
3.3%
IDEV
9.9%

Real Estate

AIVI
3.1%
IDEV
2.9%

Communication Services

AIVI
2.9%
IDEV
4.0%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree International Al Enhanced Value Fund

iShares Core MSCI International Developed Markets ETF

Often compared with AIVI:
AIVI vs. AIVLAIVI vs. VOOAIVI vs. DWMFAIVI vs. EFASAIVI vs. SDIVAIVI vs. VEUAIVI vs. DGRO
Often compared with IDEV:
IDEV vs. VYMIIDEV vs. VEAIDEV vs. IEFAIDEV vs. IXUSIDEV vs. SCHFIDEV vs. FDEVIDEV vs. VEU

Return for Risk

AIVI vs. IDEV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
AIVI
AIVI Risk / Return Rank: 4949
Overall Rank
AIVI Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
AIVI Sortino Ratio Rank: 5151
Sortino Ratio Rank
AIVI Omega Ratio Rank: 5151
Omega Ratio Rank
AIVI Calmar Ratio Rank: 4444
Calmar Ratio Rank
AIVI Martin Ratio Rank: 4747
Martin Ratio Rank
IDEV
IDEV Risk / Return Rank: 4545
Overall Rank
IDEV Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
IDEV Sortino Ratio Rank: 4545
Sortino Ratio Rank
IDEV Omega Ratio Rank: 4444
Omega Ratio Rank
IDEV Calmar Ratio Rank: 4141
Calmar Ratio Rank
IDEV Martin Ratio Rank: 4848
Martin Ratio Rank
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. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Al Enhanced Value Fund (AIVI) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.

AIVIIDEVDifference
Sharpe ratioReturn per unit of total volatility
1.81
1.61

+0.20

Sortino ratioReturn per unit of downside risk
2.51
2.29

+0.22

Omega ratioGain probability vs. loss probability

1.32

1.29

+0.03

Calmar ratioReturn relative to maximum drawdown

2.20

2.08

+0.11

Martin ratioReturn relative to average drawdown

7.72

8.16

-0.44

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. IDEV - Sharpe Ratio Comparison

The current AIVI Sharpe Ratio is 1.81, which is comparable to the IDEV Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of AIVI and IDEV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

AIVIIDEVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.81

1.61

+0.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.66

0.52

+0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.24

0.55

-0.31

Drawdowns

AIVI vs. IDEV - Drawdown Comparison

The maximum AIVI drawdown since its inception was -65.98%, which is greater than IDEV's maximum drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for AIVI and IDEV.

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Drawdown Indicators

AIVIIDEVDifference

Max Drawdown

Largest peak-to-trough decline

-65.98%

-34.77%

-31.21%

Max Drawdown (1Y)

Largest decline over 1 year

-10.92%

-11.20%

+0.28%

Max Drawdown (3Y)

Largest decline over 3 years

-11.71%

-13.41%

+1.70%

Max Drawdown (5Y)

Largest decline over 5 years

-28.05%

-29.15%

+1.10%

Max Drawdown (10Y)

Largest decline over 10 years

-35.42%

—

—

Current Drawdown

Current decline from peak

-2.69%

-0.98%

-1.71%

Average Drawdown

Average peak-to-trough decline

-15.54%

-6.57%

-8.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.10%

2.85%

+0.25%

Volatility

AIVI vs. IDEV - Volatility Comparison

The current volatility for WisdomTree International Al Enhanced Value Fund (AIVI) is 4.13%, while iShares Core MSCI International Developed Markets ETF (IDEV) has a volatility of 4.60%. This indicates that AIVI experiences smaller price fluctuations and is considered to be less risky than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

AIVIIDEVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.13%

4.60%

-0.47%

Volatility (6M)

Calculated over the trailing 6-month period

10.81%

12.10%

-1.29%

Volatility (1Y)

Calculated over the trailing 1-year period

13.28%

14.51%

-1.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.14%

16.26%

-1.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.47%

17.27%

-0.80%

AIVI vs. IDEV - Expense Ratio Comparison

AIVI has a 0.58% expense ratio, which is higher than IDEV's 0.05% expense ratio.

Dividends

AIVI vs. IDEV - Dividend Comparison

AIVI's dividend yield for the trailing twelve months is around 4.21%, more than IDEV's 3.13% yield.

PositionTTM20252024202320222021202020192018201720162015
AIVI
WisdomTree International Al Enhanced Value Fund		4.21%4.70%4.94%5.05%4.32%5.53%3.50%4.31%4.21%3.65%3.98%4.23%
IDEV
iShares Core MSCI International Developed Markets ETF		3.13%3.40%3.30%3.07%2.69%3.05%2.00%3.18%3.16%1.54%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.90, AIVI and IDEV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

IDEV has higher volatility (4.60%) compared to AIVI (4.13%). In terms of maximum drawdown, AIVI dropped -65.98% vs IDEV's -34.77%.

On 5-year performance, AIVI leads with 9.94% vs 8.48% for IDEV. On fees, IDEV is cheaper at 0.05% per year. On volatility, AIVI has been the lower-risk option at 4.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, AIVI has performed better with a 9.94% return vs 8.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IDEV is cheaper with a 0.05% expense ratio, compared with 0.58% for AIVI.

AIVI has the higher dividend yield at 4.21%, compared with 3.13% for IDEV.

They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.58% for AIVI and 0.05% for IDEV.

AIVI currently has the higher Sharpe Ratio (1.81 vs 1.61), 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.

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