AIVL vs. AIVI

Last updated Aug 2, 2026

AIVL (WisdomTree U.S. Al Enhanced Value Fund) and AIVI (WisdomTree International Al Enhanced Value Fund) are both exchange-traded funds - AIVL is a Mid Cap Value Equities fund actively managed by WisdomTree, while AIVI is a Foreign Large Cap Equities fund actively managed by WisdomTree. Both are actively managed. Over the past 10 years, AIVL returned 8.44%/yr vs 9.23%/yr for AIVI. Their 0.74 correlation means they have sometimes moved together and sometimes differently. AIVL charges 0.38%/yr vs 0.58%/yr for AIVI.

Performance

AIVL vs. AIVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Al Enhanced Value Fund (AIVL) and WisdomTree International Al Enhanced Value Fund (AIVI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with AIVL having a 16.26% return and AIVI slightly higher at 16.55%. Over the past 10 years, AIVL has underperformed AIVI with an annualized return of 8.44%, while AIVI has yielded a comparatively higher 9.23% annualized return.

AIVL

• 1D: 0.41%
• 1M: 0.73%
• 6M: 11.74%
• YTD: 16.26%
• 1Y: 21.46%
• 3Y*: 13.45%
• 5Y*: 8.79%
• 10Y*: 8.44%
• ALL TIME*: 8.37%

AIVI

• 1D: -0.33%
• 1M: 3.48%
• 6M: 11.00%
• YTD: 16.55%
• 1Y: 29.56%
• 3Y*: 19.53%
• 5Y*: 11.79%
• 10Y*: 9.23%
• ALL TIME*: 5.52%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AIVI WisdomTree International Al Enhanced Value Fund	$82.45K	$67.39K	$80.93K
AIVL WisdomTree U.S. Al Enhanced Value Fund	$552.10K	$822.97K	$521.55K

AIVL vs. AIVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AIVL WisdomTree U.S. Al Enhanced Value Fund	16.26%	9.72%	13.49%	7.17%	-7.26%	24.30%	-5.82%	24.40%	-9.57%	13.77%
AIVI WisdomTree International Al Enhanced Value Fund	16.55%	38.68%	2.07%	18.11%	-9.78%	9.33%	-1.28%	17.55%	-9.25%	20.63%

Correlation

The correlation between AIVL and AIVI is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.58
Correlation (3Y) Balances recent behavior with more history.	0.62
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.69
Correlation (All Time) Calculated using the full available price history since Jun 16, 2006	0.74

The correlation between AIVL and AIVI shifts across timeframes, from 0.58 (1 year) to 0.74 (all time), reflecting how their relationship changes across market environments.

AIVL vs. AIVI - Sectors Allocation Comparison

Sectors	AIVL	AIVI
Technology	22.4%	3.5%
Financial Services	17.3%	38.9%
Industrials	15.2%	14.3%
Healthcare	11.9%	6.2%
Utilities	8.9%	4.8%
Consumer Defensive	7.8%	8.4%
Basic Materials	4.8%	7.1%
Communication Services	3.8%	2.6%
Energy	3.2%	5.5%
Consumer Cyclical	3.1%	5.5%
Real Estate	1.4%	3.2%

Return for Risk

AIVL vs. AIVI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AIVL

AIVL Risk / Return Rank: 74
AIVL Sharpe Ratio Rank: 73
AIVL Sortino Ratio Rank: 75
AIVL Omega Ratio Rank: 71
AIVL Calmar Ratio Rank: 72
AIVL Martin Ratio Rank: 80

AIVI

AIVI Risk / Return Rank: 84
AIVI Sharpe Ratio Rank: 90
AIVI Sortino Ratio Rank: 89
AIVI Omega Ratio Rank: 88
AIVI Calmar Ratio Rank: 77
AIVI Martin Ratio Rank: 76

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AIVL vs. AIVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Al Enhanced Value Fund (AIVL) and WisdomTree International Al Enhanced Value Fund (AIVI). 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.

	AIVL	AIVI	Difference
Sharpe ratio: Return per unit of total volatility	1.66	2.22	-0.56
Sortino ratio: Return per unit of downside risk	2.44	3.06	-0.62
Omega ratio: Gain probability vs. loss probability	1.30	1.40	-0.10
Calmar ratio: Return relative to maximum drawdown	2.52	2.72	-0.20
Martin ratio: Return relative to average drawdown	10.46	9.59	+0.87

AIVL vs. AIVI - Sharpe Ratio Comparison

The current AIVL Sharpe Ratio is 1.66, which is comparable to the AIVI Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of AIVL and AIVI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AIVL vs. AIVI - Drawdown Comparison

The maximum AIVL drawdown since its inception was -62.48%, smaller than the maximum AIVI drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for AIVL and AIVI.

Drawdown Indicators

	AIVL	AIVI	Difference
Max Drawdown Largest peak-to-trough decline	-62.48%	-65.98%	+3.50%
Max Drawdown (1Y) Largest decline over 1 year	-7.85%	-10.92%	+3.07%
Max Drawdown (3Y) Largest decline over 3 years	-14.48%	-11.71%	-2.77%
Max Drawdown (5Y) Largest decline over 5 years	-19.08%	-28.05%	+8.97%
Max Drawdown (10Y) Largest decline over 10 years	-41.16%	-35.42%	-5.74%
Current Drawdown Current decline from peak	-1.05%	-0.33%	-0.72%
Average Drawdown Average peak-to-trough decline	-7.85%	-15.42%	+7.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.90%	3.10%	-1.20%

Volatility

AIVL vs. AIVI - Volatility Comparison

The current volatility for WisdomTree U.S. Al Enhanced Value Fund (AIVL) is 3.29%, while WisdomTree International Al Enhanced Value Fund (AIVI) has a volatility of 3.77%. This indicates that AIVL experiences smaller price fluctuations and is considered to be less risky than AIVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIVL	AIVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	3.77%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	9.40%	11.49%	-2.09%
Volatility (1Y) Calculated over the trailing 1-year period	11.93%	13.40%	-1.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.75%	15.17%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.33%	16.08%	+1.25%

AIVL vs. AIVI - Expense Ratio Comparison

AIVL has a 0.38% expense ratio, which is lower than AIVI's 0.58% expense ratio.

Dividends

AIVL vs. AIVI - Dividend Comparison

AIVL's dividend yield for the trailing twelve months is around 1.45%, less than AIVI's 4.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIVI WisdomTree International Al Enhanced Value Fund	4.99%	4.70%	4.94%	5.05%	4.32%	5.53%	3.50%	4.31%	4.21%	3.65%	3.98%	4.23%
AIVL WisdomTree U.S. Al Enhanced Value Fund	1.45%	1.61%	2.13%	2.43%	2.08%	2.75%	3.55%	3.25%	4.18%	3.16%	3.20%	3.41%

Frequently Asked Questions

Can I hold both AIVL and AIVI in my portfolio?

AIVL and AIVI have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AIVL or AIVI?

AIVI has higher volatility (3.77%) compared to AIVL (3.29%). In terms of maximum drawdown, AIVL dropped -62.48% vs AIVI's -65.98%.

Which ETF is better, AIVL or AIVI?

On 10-year performance, AIVI leads with 9.23% vs 8.44% for AIVL. On fees, AIVL is cheaper at 0.38% per year. On volatility, AIVL has been the lower-risk option at 3.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIVL or AIVI?

Over the 10-year period, AIVI has performed better with a 9.23% return vs 8.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIVL or AIVI?

AIVL is cheaper with a 0.38% expense ratio, compared with 0.58% for AIVI.

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

AIVI has the higher dividend yield at 4.99%, compared with 1.45% for AIVL.

What is the main difference between AIVL and AIVI?

AIVL is categorized as Mid Cap Value Equities, while AIVI is Foreign Large Cap Equities. Their fees differ too: 0.38% for AIVL and 0.58% for AIVI.

Which has better risk-adjusted returns?

AIVI currently has the higher Sharpe Ratio (2.22 vs 1.66), 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.