AIVL vs. AIVI

Last updated Jun 23, 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 8.63%/yr vs 9.57%/yr for AIVI. A 0.74 correlation means they provide meaningful diversification when combined. 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

In the year-to-date period, AIVL achieves a 13.15% return, which is significantly higher than AIVI's 11.50% return. Over the past 10 years, AIVL has underperformed AIVI with an annualized return of 8.63%, while AIVI has yielded a comparatively higher 9.57% annualized return.

AIVL

• 1D: 0.65%
• 1M: 3.58%
• YTD: 13.15%
• 6M: 12.55%
• 1Y: 19.01%
• 3Y*: 14.86%
• 5Y*: 8.37%
• 10Y*: 8.63%

AIVI

• 1D: 0.01%
• 1M: 1.05%
• YTD: 11.50%
• 6M: 12.35%
• 1Y: 27.21%
• 3Y*: 19.19%
• 5Y*: 10.94%
• 10Y*: 9.57%

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

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	13.15%	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	11.50%	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 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.70
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 0.62 (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	21.3%	3.9%
Financial Services	17.9%	38.1%
Industrials	15.5%	15.9%
Healthcare	12.0%	5.5%
Utilities	8.9%	4.7%
Consumer Defensive	7.8%	7.2%
Basic Materials	4.6%	7.7%
Communication Services	4.2%	2.6%
Consumer Cyclical	3.1%	6.1%
Energy	3.1%	5.1%
Real Estate	1.5%	3.3%

Return for Risk

AIVL vs. AIVI — Risk / Return Rank

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

AIVL

AIVL Risk / Return Rank: 51
AIVL Sharpe Ratio Rank: 49
AIVL Sortino Ratio Rank: 50
AIVL Omega Ratio Rank: 47
AIVL Calmar Ratio Rank: 51
AIVL Martin Ratio Rank: 58

AIVI

AIVI Risk / Return Rank: 58
AIVI Sharpe Ratio Rank: 63
AIVI Sortino Ratio Rank: 62
AIVI Omega Ratio Rank: 61
AIVI Calmar Ratio Rank: 52
AIVI Martin Ratio Rank: 52

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.

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	1.65	2.02	-0.38
Sortino ratio: Return per unit of downside risk	2.39	2.80	-0.41
Omega ratio: Gain probability vs. loss probability	1.29	1.36	-0.07
Calmar ratio: Return relative to maximum drawdown	2.43	2.50	-0.07
Martin ratio: Return relative to average drawdown	9.80	8.71	+1.09

AIVL vs. AIVI - Sharpe Ratio Comparison

The current AIVL Sharpe Ratio is 1.65, which is comparable to the AIVI Sharpe Ratio of 2.02. 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	-0.16%	-0.84%	+0.68%
Average Drawdown Average peak-to-trough decline	-7.89%	-15.50%	+7.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	3.13%	-1.19%

Volatility

AIVL vs. AIVI - Volatility Comparison

WisdomTree U.S. Al Enhanced Value Fund (AIVL) and WisdomTree International Al Enhanced Value Fund (AIVI) have volatilities of 3.96% and 4.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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	3.96%	4.08%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	9.14%	11.23%	-2.09%
Volatility (1Y) Calculated over the trailing 1-year period	11.61%	13.53%	-1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.73%	15.17%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.37%	16.42%	+0.95%

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 1.42%, less than AIVI's 4.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIVI WisdomTree International Al Enhanced Value Fund	4.13%	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	1.42%	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 0.62, 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 (4.08%) compared to AIVL (3.96%). 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 9.57% vs 8.63% for AIVL. On fees, AIVL is cheaper at 0.38% per year. On volatility, AIVL has been the lower-risk option at 3.96%. 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 9.57% return vs 8.63%. 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 4.13%, compared with 1.42% 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 (2.02 vs 1.65), 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.