AXIA vs. AIVI

Last updated Jun 9, 2026

AXIA (AXIA Energia SA) is a stock, while AIVI (WisdomTree International Al Enhanced Value Fund) is Foreign Large Cap Equities fund actively managed by WisdomTree. Over the past 10 years, AXIA returned 20.56%/yr vs 8.74%/yr for AIVI. At a 0.37 correlation, their price movements are largely independent.

Performance

AXIA vs. AIVI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AXIA Energia SA (AXIA) 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, AXIA achieves a 6.22% return, which is significantly lower than AIVI's 8.15% return. Over the past 10 years, AXIA has outperformed AIVI with an annualized return of 20.56%, while AIVI has yielded a comparatively lower 8.74% annualized return.

AXIA

• 1D: -0.71%
• 1M: -18.85%
• YTD: 6.22%
• 6M: 5.02%
• 1Y: 78.41%
• 3Y*: 21.09%
• 5Y*: 9.92%
• 10Y*: 20.56%

AIVI

• 1D: 0.24%
• 1M: -1.93%
• YTD: 8.15%
• 6M: 12.25%
• 1Y: 21.28%
• 3Y*: 17.67%
• 5Y*: 9.71%
• 10Y*: 8.74%

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

AXIA vs. AIVI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AXIA AXIA Energia SA	6.22%	121.49%	-31.28%	9.41%	32.73%	-6.42%	-21.77%	50.39%	11.40%	-16.91%
AIVI WisdomTree International Al Enhanced Value Fund	8.15%	38.68%	2.07%	18.11%	-9.78%	9.33%	-1.28%	17.55%	-9.25%	20.63%

Correlation

The correlation between AXIA and AIVI is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.34
Correlation (All Time) Calculated using the full available price history since Nov 20, 2008	0.37

The correlation between AXIA and AIVI shifts across timeframes, from 0.34 (10 years) to 0.46 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

AXIA vs. AIVI — Risk / Return Rank

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

AXIA

AXIA Risk / Return Rank: 87
AXIA Sharpe Ratio Rank: 91
AXIA Sortino Ratio Rank: 87
AXIA Omega Ratio Rank: 86
AXIA Calmar Ratio Rank: 83
AXIA Martin Ratio Rank: 88

AIVI

AIVI Risk / Return Rank: 48
AIVI Sharpe Ratio Rank: 51
AIVI Sortino Ratio Rank: 50
AIVI Omega Ratio Rank: 50
AIVI Calmar Ratio Rank: 44
AIVI Martin Ratio Rank: 46

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.

AXIA vs. AIVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AXIA Energia SA (AXIA) 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.

	AXIA	AIVI	Difference
Sharpe ratio: Return per unit of total volatility	2.22	1.60	+0.62
Sortino ratio: Return per unit of downside risk	2.79	2.23	+0.57
Omega ratio: Gain probability vs. loss probability	1.35	1.28	+0.07
Calmar ratio: Return relative to maximum drawdown	2.86	1.96	+0.90
Martin ratio: Return relative to average drawdown	10.06	6.84	+3.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AXIA vs. AIVI - Sharpe Ratio Comparison

The current AXIA Sharpe Ratio is 2.22, which is higher than the AIVI Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of AXIA 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.

Sharpe Ratios by Period

	AXIA	AIVI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	1.60	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.64	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.53	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.24	-0.19

Drawdowns

AXIA vs. AIVI - Drawdown Comparison

The maximum AXIA drawdown since its inception was -93.65%, which is greater than AIVI's maximum drawdown of -65.98%. Use the drawdown chart below to compare losses from any high point for AXIA and AIVI.

Drawdown Indicators

	AXIA	AIVI	Difference
Max Drawdown Largest peak-to-trough decline	-93.65%	-65.98%	-27.67%
Max Drawdown (1Y) Largest decline over 1 year	-27.55%	-10.92%	-16.63%
Max Drawdown (3Y) Largest decline over 3 years	-38.66%	-11.71%	-26.95%
Max Drawdown (5Y) Largest decline over 5 years	-45.28%	-28.05%	-17.23%
Max Drawdown (10Y) Largest decline over 10 years	-72.80%	-35.42%	-37.38%
Current Drawdown Current decline from peak	-27.55%	-3.81%	-23.74%
Average Drawdown Average peak-to-trough decline	-56.67%	-15.53%	-41.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.82%	3.12%	+4.70%

Volatility

AXIA vs. AIVI - Volatility Comparison

AXIA Energia SA (AXIA) has a higher volatility of 9.57% compared to WisdomTree International Al Enhanced Value Fund (AIVI) at 3.77%. This indicates that AXIA's price experiences larger fluctuations and is considered to be riskier than AIVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AXIA	AIVI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.57%	3.77%	+5.80%
Volatility (6M) Calculated over the trailing 6-month period	28.79%	11.00%	+17.79%
Volatility (1Y) Calculated over the trailing 1-year period	35.57%	13.42%	+22.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.52%	15.16%	+22.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.11%	16.48%	+78.63%

Dividends

AXIA vs. AIVI - Dividend Comparison

AXIA's dividend yield for the trailing twelve months is around 5.49%, more than AIVI's 4.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIVI WisdomTree International Al Enhanced Value Fund	4.26%	4.70%	4.94%	5.05%	4.32%	5.53%	3.50%	4.31%	4.21%	3.65%	3.98%	4.23%
AXIA AXIA Energia SA	5.49%	7.19%	3.85%	0.51%	1.89%	7.32%	4.38%	2.21%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AXIA and AIVI in my portfolio?

AXIA and AIVI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AXIA or AIVI?

AXIA has higher volatility (9.57%) compared to AIVI (3.77%). In terms of maximum drawdown, AXIA dropped -93.65% vs AIVI's -65.98%.

Which has better risk-adjusted returns?

AXIA currently has the higher Sharpe Ratio (2.22 vs 1.60), 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.