AWAY vs. IVES

Last updated Apr 1, 2026

Compare and contrast key facts about ETFMG Travel Tech ETF (AWAY) and Dan IVES Wedbush AI Revolution ETF (IVES).

AWAY and IVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AWAY is a passively managed fund by ETFMG that tracks the performance of the Prime Travel Technology Index. It was launched on Feb 12, 2020. IVES is a passively managed fund by Wedbush that tracks the performance of the Solactive Wedbush Artificial Intelligence Index. It was launched on Jun 4, 2025. Both AWAY and IVES are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

AWAY vs. IVES - Yearly Performance Comparison

	2026 (YTD)	2025
AWAY ETFMG Travel Tech ETF	-22.39%	-2.93%
IVES Dan IVES Wedbush AI Revolution ETF	-10.25%	25.06%

Returns By Period

In the year-to-date period, AWAY achieves a -22.39% return, which is significantly lower than IVES's -10.25% return.

AWAY

• 1D: 3.74%
• 1M: -6.02%
• YTD: -22.39%
• 6M: -27.78%
• 1Y: -18.95%
• 3Y*: -2.35%
• 5Y*: -12.67%
• 10Y*: —

IVES

• 1D: 4.61%
• 1M: -4.73%
• YTD: -10.25%
• 6M: -11.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AWAY vs. IVES - Expense Ratio Comparison

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

AWAY

ETFMG Travel Tech ETF

IVES

Dan IVES Wedbush AI Revolution ETF

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: 2
AWAY Sharpe Ratio Rank: 2
AWAY Sortino Ratio Rank: 2
AWAY Omega Ratio Rank: 2
AWAY Calmar Ratio Rank: 3
AWAY Martin Ratio Rank: 1

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	-0.76	—	—
Sortino ratio Return per unit of downside risk	-0.96	—	—
Omega ratio Gain probability vs. loss probability	0.87	—	—
Calmar ratio Return relative to maximum drawdown	-0.60	—	—
Martin ratio Return relative to average drawdown	-1.58	—	—
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	-0.76	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	0.61	-0.82

Correlation

The correlation between AWAY and IVES is 0.51, 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.

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 0.46%.

	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	0.46%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%

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%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-53.16%	—	—
Current Drawdown Current decline from peak	-53.18%	-19.07%	-34.11%
Average Drawdown Average peak-to-trough decline	-35.76%	-5.65%	-30.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.41%	—	—

Volatility

Volatility by Period

	AWAY	IVES	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.59%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.90%	25.09%	-0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.78%	25.09%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.95%	25.09%	+6.86%