Correlation
The correlation between AIVI and IDMO is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
AIVI vs. IDMO
Compare and contrast key facts about WisdomTree International Al Enhanced Value Fund (AIVI) and Invesco S&P International Developed Momentum ETF (IDMO).
AIVI and IDMO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIVI is an actively managed fund by WisdomTree. It was launched on Jun 16, 2006. IDMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. It was launched on Feb 24, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIVI or IDMO.
Performance
AIVI vs. IDMO - Performance Comparison
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Key characteristics
AIVI:
1.36
IDMO:
1.19
AIVI:
1.85
IDMO:
1.55
AIVI:
1.26
IDMO:
1.22
AIVI:
1.77
IDMO:
1.78
AIVI:
4.25
IDMO:
6.76
AIVI:
4.86%
IDMO:
3.33%
AIVI:
15.55%
IDMO:
20.70%
AIVI:
-65.98%
IDMO:
-39.36%
AIVI:
-0.10%
IDMO:
-0.58%
Returns By Period
In the year-to-date period, AIVI achieves a 21.99% return, which is significantly lower than IDMO's 23.40% return. Over the past 10 years, AIVI has underperformed IDMO with an annualized return of 5.02%, while IDMO has yielded a comparatively higher 7.59% annualized return.
AIVI
21.99%
3.77%
18.04%
20.97%
11.69%
11.81%
5.02%
IDMO
23.40%
6.42%
18.43%
24.37%
17.52%
16.41%
7.59%
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AIVI vs. IDMO - Expense Ratio Comparison
AIVI has a 0.58% expense ratio, which is higher than IDMO's 0.25% expense ratio.
Risk-Adjusted Performance
AIVI vs. IDMO — Risk-Adjusted Performance Rank
AIVI
IDMO
AIVI vs. IDMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Al Enhanced Value Fund (AIVI) and Invesco S&P International Developed Momentum ETF (IDMO). 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.
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Dividends
AIVI vs. IDMO - Dividend Comparison
AIVI's dividend yield for the trailing twelve months is around 3.91%, more than IDMO's 1.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIVI WisdomTree International Al Enhanced Value Fund | 3.91% | 4.94% | 5.05% | 4.32% | 5.53% | 3.50% | 4.31% | 4.21% | 3.65% | 3.98% | 4.23% | 5.12% |
IDMO Invesco S&P International Developed Momentum ETF | 1.67% | 2.24% | 2.89% | 3.66% | 1.81% | 1.64% | 2.10% | 3.27% | 3.08% | 2.18% | 2.52% | 2.18% |
Drawdowns
AIVI vs. IDMO - Drawdown Comparison
The maximum AIVI drawdown since its inception was -65.98%, which is greater than IDMO's maximum drawdown of -39.36%. Use the drawdown chart below to compare losses from any high point for AIVI and IDMO.
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Volatility
AIVI vs. IDMO - Volatility Comparison
The current volatility for WisdomTree International Al Enhanced Value Fund (AIVI) is 2.98%, while Invesco S&P International Developed Momentum ETF (IDMO) has a volatility of 3.40%. This indicates that AIVI experiences smaller price fluctuations and is considered to be less risky than IDMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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