AWAY vs. IVES

Last updated Jun 5, 2026

AWAY (ETFMG Travel Tech ETF) and IVES (Dan IVES Wedbush AI Revolution ETF) are both exchange-traded funds - AWAY is a Consumer Discretionary Equities fund tracking the Prime Travel Technology Index, while IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index. Both are passively managed. Over the past year, AWAY returned -17.95% vs 57.58% for IVES. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

AWAY vs. IVES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Travel Tech ETF (AWAY) and Dan IVES Wedbush AI Revolution ETF (IVES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWAY achieves a -15.47% return, which is significantly lower than IVES's 26.00% return.

AWAY

• 1D: 1.11%
• 1M: -1.83%
• YTD: -15.47%
• 6M: -16.29%
• 1Y: -17.95%
• 3Y*: 0.57%
• 5Y*: -11.00%
• 10Y*: —

IVES

• 1D: -0.90%
• 1M: 16.50%
• YTD: 26.00%
• 6M: 22.83%
• 1Y: 57.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AWAY vs. IVES - Yearly Performance Comparison

	2026 (YTD)	2025
AWAY ETFMG Travel Tech ETF	-15.47%	-2.93%
IVES Dan IVES Wedbush AI Revolution ETF	26.00%	25.06%

Correlation

The correlation between AWAY and IVES is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.52

AWAY vs. IVES - Sectors Allocation Comparison

Sectors	AWAY	IVES
Consumer Cyclical	63.7%	12.9%
Technology	30.0%	67.8%
Communication Services	4.0%	11.8%
Industrials	1.0%	4.3%
Financial Services	0.2%	1.7%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	1.7%

Return for Risk

AWAY vs. IVES — Risk / Return Rank

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

AWAY

AWAY Risk / Return Rank: 3
AWAY Sharpe Ratio Rank: 3
AWAY Sortino Ratio Rank: 3
AWAY Omega Ratio Rank: 3
AWAY Calmar Ratio Rank: 4
AWAY Martin Ratio Rank: 4

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.

AWAY vs. IVES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and Dan IVES Wedbush AI Revolution ETF (IVES). 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.

	AWAY	IVES	Difference
Sharpe ratio: Return per unit of total volatility	-0.80	—	—
Sortino ratio: Return per unit of downside risk	-1.03	—	—
Omega ratio: Gain probability vs. loss probability	0.88	—	—
Calmar ratio: Return relative to maximum drawdown	-0.55	—	—
Martin ratio: Return relative to average drawdown	-1.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AWAY	IVES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.80	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	2.25	-2.42

Drawdowns

AWAY vs. IVES - Drawdown Comparison

The maximum AWAY drawdown since its inception was -56.57%, which is greater than IVES's maximum drawdown of -22.64%. Use the drawdown chart below to compare losses from any high point for AWAY and IVES.

Drawdown Indicators

	AWAY	IVES	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-22.64%	-33.93%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-22.64%	-10.19%
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-52.49%	—	—
Current Drawdown Current decline from peak	-49.01%	-4.55%	-44.46%
Average Drawdown Average peak-to-trough decline	-36.16%	-5.62%	-30.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.40%	—	—

Volatility

Volatility by Period

	AWAY	IVES	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.39%	25.74%	-3.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.83%	25.74%	+1.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.81%	25.74%	+6.07%

AWAY vs. IVES - Expense Ratio Comparison

Both AWAY and IVES have an expense ratio of 0.75%.

Dividends

AWAY vs. IVES - Dividend Comparison

AWAY has not paid dividends to shareholders, while IVES's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.04%
IVES Dan IVES Wedbush AI Revolution ETF	0.33%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AWAY and IVES in my portfolio?

AWAY and IVES have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AWAY or IVES?

On 1-year performance, IVES leads with 57.58% vs -17.95% for AWAY. Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AWAY or IVES?

Over the 1-year period, IVES has performed better with a 57.58% return vs -17.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AWAY or IVES?

AWAY and IVES have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AWAY or IVES?

IVES has the higher dividend yield at 0.33%, compared with 0.00% for AWAY.

What is the main difference between AWAY and IVES?

AWAY is categorized as Consumer Discretionary Equities, while IVES is Technology Equities. AWAY tracks Prime Travel Technology Index, while IVES tracks Solactive Wedbush Artificial Intelligence Index. They also come from different issuers: ETFMG and Wedbush.