IVEP vs. AIPO

Last updated Jul 12, 2026

IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) and AIPO (Defiance AI & Power Infrastructure ETF) are both exchange-traded funds - IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index, while AIPO is a Building & Construction fund tracking the MarketVector™ US Listed AI and Power Infrastructure Index. Both are passively managed. Their correlation of 0.90 suggests significant overlap in exposure. IVEP charges 0.75%/yr vs 0.69%/yr for AIPO.

Performance

IVEP vs. AIPO - Performance Comparison

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

Returns By Period

IVEP

• 1D: 0.26%
• 1M: -1.65%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIPO

• 1D: -0.41%
• 1M: -0.70%
• 6M: 34.03%
• YTD: 41.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVEP vs. AIPO - Yearly Performance Comparison

	2026 (YTD)
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	2.48%
AIPO Defiance AI & Power Infrastructure ETF	22.23%

Correlation

The correlation between IVEP and AIPO is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.90

IVEP vs. AIPO - Sectors Allocation Comparison

Sectors	IVEP	AIPO
Industrials	43.6%	47.5%
Utilities	22.5%	25.3%
Energy	13.0%	7.4%
Real Estate	10.9%	0.9%
Technology	7.7%	15.0%
Basic Materials	2.4%	-
Communication Services	-	0.5%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	2.9%
Healthcare	-	-

Return for Risk

IVEP vs. AIPO - Risk-Adjusted Trends Comparison

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

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.

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

Drawdowns

IVEP vs. AIPO - Drawdown Comparison

The maximum IVEP drawdown since its inception was -10.90%, smaller than the maximum AIPO drawdown of -17.31%. Use the drawdown chart below to compare losses from any high point for IVEP and AIPO.

Drawdown Indicators

	IVEP	AIPO	Difference
Max Drawdown Largest peak-to-trough decline	-10.90%	-17.31%	+6.41%
Current Drawdown Current decline from peak	-8.21%	-10.18%	+1.97%
Average Drawdown Average peak-to-trough decline	-3.53%	-4.63%	+1.10%

Volatility

Volatility by Period

	IVEP	AIPO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	29.11%	35.92%	-6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.11%	35.92%	-6.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.11%	35.92%	-6.81%

IVEP vs. AIPO - Expense Ratio Comparison

IVEP has a 0.75% expense ratio, which is higher than AIPO's 0.69% expense ratio.

Dividends

IVEP vs. AIPO - Dividend Comparison

IVEP has not paid dividends to shareholders, while AIPO's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025
AIPO Defiance AI & Power Infrastructure ETF	0.01%	0.01%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both IVEP and AIPO in my portfolio?

With a correlation of 0.90, IVEP and AIPO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, IVEP or AIPO?

On fees, AIPO is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVEP or AIPO?

AIPO is cheaper with a 0.69% expense ratio, compared with 0.75% for IVEP.

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

AIPO has the higher dividend yield at 0.01%, compared with 0.00% for IVEP.

What is the main difference between IVEP and AIPO?

IVEP is categorized as Industrials Equities, while AIPO is Building & Construction. IVEP tracks Solactive Wedbush AI Power & Infrastructure Index, while AIPO tracks MarketVector™ US Listed AI and Power Infrastructure Index. They also come from different issuers: Wedbush and Defiance. Their fees differ too: 0.75% for IVEP and 0.69% for AIPO.