DRLL vs. IVEP

Last updated Jun 23, 2026

DRLL (Strive U.S. Energy ETF) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. Both are passively managed. At a correlation of -0.29, they often move in opposite directions. DRLL charges 0.41%/yr vs 0.75%/yr for IVEP.

Performance

DRLL vs. IVEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive U.S. Energy ETF (DRLL) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DRLL

• 1D: 1.39%
• 1M: -8.33%
• YTD: 20.68%
• 6M: 21.93%
• 1Y: 22.10%
• 3Y*: 12.27%
• 5Y*: —
• 10Y*: —

IVEP

• 1D: 1.42%
• 1M: 3.12%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DRLL vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
DRLL Strive U.S. Energy ETF	-11.49%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	11.64%

Correlation

The correlation between DRLL and IVEP is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	-0.29

DRLL vs. IVEP - Sectors Allocation Comparison

Sectors	DRLL	IVEP
Energy	99.2%	13.0%
Consumer Cyclical	0.8%	-
Basic Materials	-	2.4%
Communication Services	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	43.6%
Real Estate	-	10.9%
Technology	-	7.7%
Utilities	-	22.5%

Return for Risk

DRLL vs. IVEP — Risk / Return Rank

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

DRLL

DRLL Risk / Return Rank: 27
DRLL Sharpe Ratio Rank: 28
DRLL Sortino Ratio Rank: 26
DRLL Omega Ratio Rank: 25
DRLL Calmar Ratio Rank: 28
DRLL Martin Ratio Rank: 30

IVEP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

DRLL vs. IVEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive U.S. Energy ETF (DRLL) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). 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.

	DRLL	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	0.97	—	—
Sortino ratio: Return per unit of downside risk	1.39	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.33	—	—
Martin ratio: Return relative to average drawdown	3.99	—	—

Drawdowns

DRLL vs. IVEP - Drawdown Comparison

The maximum DRLL drawdown since its inception was -23.73%, which is greater than IVEP's maximum drawdown of -10.90%. Use the drawdown chart below to compare losses from any high point for DRLL and IVEP.

Drawdown Indicators

	DRLL	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	-10.90%	-12.83%
Max Drawdown (1Y) Largest decline over 1 year	-16.66%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.73%	—	—
Current Drawdown Current decline from peak	-15.51%	0.00%	-15.51%
Average Drawdown Average peak-to-trough decline	-8.06%	-2.75%	-5.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.60%	—	—

Volatility

Volatility by Period

	DRLL	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.82%	28.05%	-5.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.83%	28.05%	-4.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.83%	28.05%	-4.22%

DRLL vs. IVEP - Expense Ratio Comparison

DRLL has a 0.41% expense ratio, which is lower than IVEP's 0.75% expense ratio.

Dividends

DRLL vs. IVEP - Dividend Comparison

DRLL's dividend yield for the trailing twelve months is around 2.54%, while IVEP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
DRLL Strive U.S. Energy ETF	2.54%	2.99%	3.00%	3.01%	1.18%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DRLL and IVEP in my portfolio?

DRLL and IVEP have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DRLL or IVEP?

On fees, DRLL is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DRLL or IVEP?

DRLL is cheaper with a 0.41% expense ratio, compared with 0.75% for IVEP.

Which ETF pays a higher dividend yield, DRLL or IVEP?

DRLL has the higher dividend yield at 2.54%, compared with 0.00% for IVEP.

What is the main difference between DRLL and IVEP?

DRLL is categorized as Energy Equities, while IVEP is Industrials Equities. DRLL tracks Bloomberg US Energy Select Index, while IVEP tracks Solactive Wedbush AI Power & Infrastructure Index. They also come from different issuers: Strive and Wedbush. Their fees differ too: 0.41% for DRLL and 0.75% for IVEP.