EVMT vs. IVEP

Last updated Jun 4, 2026

EVMT (Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - EVMT is a Commodities fund actively managed by Invesco, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. EVMT is actively managed, while IVEP is passively managed. At a 0.43 correlation, their price movements are largely independent. EVMT charges 0.59%/yr vs 0.75%/yr for IVEP.

Performance

EVMT vs. IVEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EVMT

• 1D: -1.66%
• 1M: 2.45%
• YTD: 13.45%
• 6M: 22.53%
• 1Y: 41.86%
• 3Y*: 4.71%
• 5Y*: —
• 10Y*: —

IVEP

• 1D: -0.87%
• 1M: -1.63%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EVMT vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
EVMT Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF	7.10%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	8.37%

Correlation

The correlation between EVMT and IVEP is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 9, 2026	0.43

Return for Risk

EVMT vs. IVEP — Risk / Return Rank

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

EVMT

EVMT Risk / Return Rank: 85
EVMT Sharpe Ratio Rank: 85
EVMT Sortino Ratio Rank: 84
EVMT Omega Ratio Rank: 84
EVMT Calmar Ratio Rank: 89
EVMT Martin Ratio Rank: 85

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.

EVMT vs. IVEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) 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.

	EVMT	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	2.79	—	—
Sortino ratio: Return per unit of downside risk	3.72	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	5.28	—	—
Martin ratio: Return relative to average drawdown	17.86	—	—
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

	EVMT	IVEP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	2.62	-2.89

Drawdowns

EVMT vs. IVEP - Drawdown Comparison

The maximum EVMT drawdown since its inception was -48.34%, which is greater than IVEP's maximum drawdown of -7.34%. Use the drawdown chart below to compare losses from any high point for EVMT and IVEP.

Drawdown Indicators

	EVMT	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-48.34%	-7.34%	-41.00%
Max Drawdown (1Y) Largest decline over 1 year	-7.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.38%	—	—
Current Drawdown Current decline from peak	-21.69%	-3.31%	-18.38%
Average Drawdown Average peak-to-trough decline	-34.74%	-1.97%	-32.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	—	—

Volatility

Volatility by Period

	EVMT	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.09%	26.29%	-11.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.51%	26.29%	-5.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.51%	26.29%	-5.78%

EVMT vs. IVEP - Expense Ratio Comparison

EVMT has a 0.59% expense ratio, which is lower than IVEP's 0.75% expense ratio.

Dividends

EVMT vs. IVEP - Dividend Comparison

EVMT's dividend yield for the trailing twelve months is around 10.40%, while IVEP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
EVMT Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF	10.40%	11.80%	3.62%	5.49%	0.86%
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 EVMT and IVEP in my portfolio?

EVMT and IVEP have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EVMT or IVEP?

On fees, EVMT is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EVMT or IVEP?

EVMT is cheaper with a 0.59% expense ratio, compared with 0.75% for IVEP.

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

EVMT has the higher dividend yield at 10.40%, compared with 0.00% for IVEP.

What is the main difference between EVMT and IVEP?

EVMT is categorized as Commodities, while IVEP is Industrials Equities. They also come from different issuers: Invesco and Wedbush. Their fees differ too: 0.59% for EVMT and 0.75% for IVEP.