AIVL vs. RNIN

Last updated Jun 26, 2026

AIVL (WisdomTree U.S. Al Enhanced Value Fund) and RNIN (Bushido Capital US SMID Cap Equity ETF) are both Mid Cap Value Equities funds. Both are actively managed. Over the past year, AIVL returned 19.53% vs 25.77% for RNIN. A 0.71 correlation means they provide meaningful diversification when combined. AIVL charges 0.38%/yr vs 0.68%/yr for RNIN.

Performance

AIVL vs. RNIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Al Enhanced Value Fund (AIVL) and Bushido Capital US SMID Cap Equity ETF (RNIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with AIVL having a 14.65% return and RNIN slightly lower at 14.34%.

AIVL

• 1D: 1.99%
• 1M: 3.43%
• YTD: 14.65%
• 6M: 13.61%
• 1Y: 19.53%
• 3Y*: 15.11%
• 5Y*: 8.42%
• 10Y*: 9.00%

RNIN

• 1D: -1.63%
• 1M: 0.04%
• YTD: 14.34%
• 6M: 12.95%
• 1Y: 25.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AIVL vs. RNIN - Yearly Performance Comparison

	2026 (YTD)	2025
AIVL WisdomTree U.S. Al Enhanced Value Fund	14.65%	6.55%
RNIN Bushido Capital US SMID Cap Equity ETF	14.34%	10.92%

Correlation

The correlation between AIVL and RNIN is 0.68, 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	0.68
Correlation (All Time) Calculated using the full available price history since May 15, 2025	0.71

The correlation between AIVL and RNIN has been stable across timeframes, ranging from 0.68 to 0.71 - a consistent structural relationship.

Return for Risk

AIVL vs. RNIN — Risk / Return Rank

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

AIVL

AIVL Risk / Return Rank: 58
AIVL Sharpe Ratio Rank: 56
AIVL Sortino Ratio Rank: 58
AIVL Omega Ratio Rank: 54
AIVL Calmar Ratio Rank: 58
AIVL Martin Ratio Rank: 63

RNIN

RNIN Risk / Return Rank: 69
RNIN Sharpe Ratio Rank: 58
RNIN Sortino Ratio Rank: 61
RNIN Omega Ratio Rank: 55
RNIN Calmar Ratio Rank: 88
RNIN Martin Ratio Rank: 83

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. RNIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Al Enhanced Value Fund (AIVL) and Bushido Capital US SMID Cap Equity ETF (RNIN). 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	RNIN	Difference
Sharpe ratio: Return per unit of total volatility	1.67	1.72	-0.05
Sortino ratio: Return per unit of downside risk	2.44	2.51	-0.07
Omega ratio: Gain probability vs. loss probability	1.30	1.30	-0.01
Calmar ratio: Return relative to maximum drawdown	2.50	4.55	-2.05
Martin ratio: Return relative to average drawdown	10.06	14.93	-4.87

AIVL vs. RNIN - Sharpe Ratio Comparison

The current AIVL Sharpe Ratio is 1.67, which is comparable to the RNIN Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of AIVL and RNIN, 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. RNIN - Drawdown Comparison

The maximum AIVL drawdown since its inception was -62.48%, which is greater than RNIN's maximum drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for AIVL and RNIN.

Drawdown Indicators

	AIVL	RNIN	Difference
Max Drawdown Largest peak-to-trough decline	-62.48%	-5.70%	-56.78%
Max Drawdown (1Y) Largest decline over 1 year	-7.85%	-5.70%	-2.15%
Max Drawdown (3Y) Largest decline over 3 years	-14.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-19.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-41.16%	—	—
Current Drawdown Current decline from peak	0.00%	-3.88%	+3.88%
Average Drawdown Average peak-to-trough decline	-7.89%	-1.31%	-6.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	1.73%	+0.22%

Volatility

AIVL vs. RNIN - Volatility Comparison

The current volatility for WisdomTree U.S. Al Enhanced Value Fund (AIVL) is 4.23%, while Bushido Capital US SMID Cap Equity ETF (RNIN) has a volatility of 5.02%. This indicates that AIVL experiences smaller price fluctuations and is considered to be less risky than RNIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AIVL	RNIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	5.02%	-0.79%
Volatility (6M) Calculated over the trailing 6-month period	9.36%	10.79%	-1.43%
Volatility (1Y) Calculated over the trailing 1-year period	11.76%	15.05%	-3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.76%	14.94%	-0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.36%	14.94%	+2.42%

AIVL vs. RNIN - Expense Ratio Comparison

AIVL has a 0.38% expense ratio, which is lower than RNIN's 0.68% expense ratio.

Dividends

AIVL vs. RNIN - Dividend Comparison

AIVL's dividend yield for the trailing twelve months is around 1.47%, more than RNIN's 0.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIVL WisdomTree U.S. Al Enhanced Value Fund	1.47%	1.61%	2.13%	2.43%	2.08%	2.75%	3.55%	3.25%	4.18%	3.16%	3.20%	3.41%
RNIN Bushido Capital US SMID Cap Equity ETF	0.77%	0.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AIVL and RNIN in my portfolio?

AIVL and RNIN have a correlation of 0.68, 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 RNIN?

RNIN has higher volatility (5.02%) compared to AIVL (4.23%). In terms of maximum drawdown, AIVL dropped -62.48% vs RNIN's -5.70%.

Which ETF is better, AIVL or RNIN?

On 1-year performance, RNIN leads with 25.77% vs 19.53% for AIVL. On fees, AIVL is cheaper at 0.38% per year. On volatility, AIVL has been the lower-risk option at 4.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AIVL or RNIN?

Over the 1-year period, RNIN has performed better with a 25.77% return vs 19.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AIVL or RNIN?

AIVL is cheaper with a 0.38% expense ratio, compared with 0.68% for RNIN.

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

AIVL has the higher dividend yield at 1.47%, compared with 0.77% for RNIN.

What is the main difference between AIVL and RNIN?

They also come from different issuers: WisdomTree and Bushido. Their fees differ too: 0.38% for AIVL and 0.68% for RNIN.

Which has better risk-adjusted returns?

RNIN currently has the higher Sharpe Ratio (1.72 vs 1.67), 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.