EPAI vs. IVES

Last updated Jun 4, 2026

EPAI (Harbor AI Inflection Strategy ETF) and IVES (Dan IVES Wedbush AI Revolution ETF) are both Technology Equities funds. EPAI is actively managed, while IVES is passively managed. A 0.62 correlation means they provide meaningful diversification when combined. EPAI charges 0.88%/yr vs 0.75%/yr for IVES.

Performance

EPAI vs. IVES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor AI Inflection Strategy ETF (EPAI) 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, EPAI achieves a 47.68% return, which is significantly higher than IVES's 27.14% return.

EPAI

• 1D: 0.85%
• 1M: 9.43%
• YTD: 47.68%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVES

• 1D: -2.92%
• 1M: 18.28%
• YTD: 27.14%
• 6M: 24.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EPAI vs. IVES - Yearly Performance Comparison

	2026 (YTD)	2025
EPAI Harbor AI Inflection Strategy ETF	47.68%	0.86%
IVES Dan IVES Wedbush AI Revolution ETF	27.14%	1.73%

Correlation

The correlation between EPAI and IVES is 0.62, 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 Dec 19, 2025	0.62

Return for Risk

EPAI vs. IVES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor AI Inflection Strategy ETF (EPAI) 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.

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

Sharpe Ratios by Period

	EPAI	IVES	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	4.70	2.32	+2.38

Drawdowns

EPAI vs. IVES - Drawdown Comparison

The maximum EPAI drawdown since its inception was -12.31%, smaller than the maximum IVES drawdown of -22.64%. Use the drawdown chart below to compare losses from any high point for EPAI and IVES.

Drawdown Indicators

	EPAI	IVES	Difference
Max Drawdown Largest peak-to-trough decline	-12.31%	-22.64%	+10.33%
Current Drawdown Current decline from peak	0.00%	-3.69%	+3.69%
Average Drawdown Average peak-to-trough decline	-2.67%	-5.63%	+2.96%

Volatility

Volatility by Period

	EPAI	IVES	Difference
Volatility (1Y) Calculated over the trailing 1-year period	30.61%	25.77%	+4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.61%	25.77%	+4.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.61%	25.77%	+4.84%

EPAI vs. IVES - Expense Ratio Comparison

EPAI has a 0.88% expense ratio, which is higher than IVES's 0.75% expense ratio.

Dividends

EPAI vs. IVES - Dividend Comparison

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

Position	TTM	2025
EPAI Harbor AI Inflection Strategy ETF	0.00%	0.00%
IVES Dan IVES Wedbush AI Revolution ETF	0.33%	0.41%

Frequently Asked Questions

Can I hold both EPAI and IVES in my portfolio?

EPAI and IVES have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EPAI or IVES?

On fees, IVES is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EPAI or IVES?

IVES is cheaper with a 0.75% expense ratio, compared with 0.88% for EPAI.

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

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

What is the main difference between EPAI and IVES?

They also come from different issuers: Harbor and Wedbush. Their fees differ too: 0.88% for EPAI and 0.75% for IVES.