ELFY vs. AIPO

Last updated Apr 1, 2026

Compare and contrast key facts about ALPS Electrification Infrastructure ETF (ELFY) and Defiance AI & Power Infrastructure ETF (AIPO).

ELFY and AIPO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ELFY is a passively managed fund by ALPS that tracks the performance of the Ladenburg Thalmann Electrification Infrastructure Index. It was launched on Apr 9, 2025. AIPO is a passively managed fund by Defiance that tracks the performance of the MarketVector™ US Listed AI and Power Infrastructure Index. It was launched on Jul 24, 2025. Both ELFY and AIPO 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

ELFY vs. AIPO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Electrification Infrastructure ETF (ELFY) and Defiance AI & Power Infrastructure ETF (AIPO). The values are adjusted to include any dividend payments, if applicable.

ELFY vs. AIPO - Yearly Performance Comparison

	2026 (YTD)	2025
ELFY ALPS Electrification Infrastructure ETF	12.06%	5.09%
AIPO Defiance AI & Power Infrastructure ETF	12.84%	8.68%

Returns By Period

In the year-to-date period, ELFY achieves a 12.06% return, which is significantly lower than AIPO's 12.84% return.

ELFY

• 1D: 2.62%
• 1M: -5.24%
• YTD: 12.06%
• 6M: 10.55%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: 4.70%
• 1M: -4.73%
• YTD: 12.84%
• 6M: 10.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ELFY vs. AIPO - Expense Ratio Comparison

ELFY has a 0.50% expense ratio, which is lower than AIPO's 0.69% expense ratio.

AIPO

Defiance AI & Power Infrastructure ETF

ELFY

ALPS Electrification Infrastructure ETF

Return for Risk

ELFY vs. AIPO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Electrification Infrastructure ETF (ELFY) and Defiance AI & Power Infrastructure ETF (AIPO). 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.

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

Sharpe Ratios by Period

	ELFY	AIPO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.98	1.03	+1.95

Correlation

The correlation between ELFY and AIPO is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ELFY vs. AIPO - Dividend Comparison

ELFY's dividend yield for the trailing twelve months is around 0.94%, more than AIPO's 0.01% yield.

	TTM	2025
ELFY ALPS Electrification Infrastructure ETF	0.94%	0.76%
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%

Drawdowns

ELFY vs. AIPO - Drawdown Comparison

The maximum ELFY drawdown since its inception was -8.37%, smaller than the maximum AIPO drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for ELFY and AIPO.

Drawdown Indicators

	ELFY	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-8.37%	-17.31%	+8.94%
Current Drawdown Current decline from peak	-5.94%	-7.04%	+1.10%
Average Drawdown Average peak-to-trough decline	-1.63%	-5.03%	+3.40%

Volatility

Volatility by Period

	ELFY	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.35%	34.05%	-15.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.35%	34.05%	-15.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.35%	34.05%	-15.70%