IVEP vs. IMF

Last updated Jun 24, 2026

IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) and IMF (Invesco Managed Futures Strategy ETF) are both exchange-traded funds - IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index, while IMF is a Systematic Trend fund actively managed by Invesco. IVEP is passively managed, while IMF is actively managed. At a 0.13 correlation, their price movements are largely independent. IVEP charges 0.75%/yr vs 0.65%/yr for IMF.

Performance

IVEP vs. IMF - Performance Comparison

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

Returns By Period

IVEP

• 1D: -4.10%
• 1M: -1.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IMF

• 1D: -0.87%
• 1M: -2.28%
• YTD: 11.36%
• 6M: 11.56%
• 1Y: 20.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVEP vs. IMF - Yearly Performance Comparison

	2026 (YTD)
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	7.06%
IMF Invesco Managed Futures Strategy ETF	-0.52%

Correlation

The correlation between IVEP and IMF is 0.13, 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 8, 2026	0.13

Return for Risk

IVEP vs. IMF — Risk / Return Rank

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

IVEP

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

IMF

IMF Risk / Return Rank: 73
IMF Sharpe Ratio Rank: 63
IMF Sortino Ratio Rank: 57
IMF Omega Ratio Rank: 70
IMF Calmar Ratio Rank: 92
IMF Martin Ratio Rank: 84

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.

IVEP vs. IMF - Risk-Adjusted Trends Comparison

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

	IVEP	IMF	Difference
Sharpe ratio: Return per unit of total volatility	—	1.95	—
Sortino ratio: Return per unit of downside risk	—	2.53	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	5.65	—
Martin ratio: Return relative to average drawdown	—	16.14	—

Drawdowns

IVEP vs. IMF - Drawdown Comparison

The maximum IVEP drawdown since its inception was -10.90%, smaller than the maximum IMF drawdown of -15.29%. Use the drawdown chart below to compare losses from any high point for IVEP and IMF.

Drawdown Indicators

	IVEP	IMF	Difference
Max Drawdown Largest peak-to-trough decline	-10.90%	-15.29%	+4.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.59%	—
Current Drawdown Current decline from peak	-4.10%	-3.18%	-0.92%
Average Drawdown Average peak-to-trough decline	-2.78%	-8.30%	+5.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.25%	—

Volatility

Volatility by Period

	IVEP	IMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.58%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	29.34%	10.43%	+18.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.34%	12.39%	+16.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.34%	12.39%	+16.95%

IVEP vs. IMF - Expense Ratio Comparison

IVEP has a 0.75% expense ratio, which is higher than IMF's 0.65% expense ratio.

Dividends

IVEP vs. IMF - Dividend Comparison

IVEP has not paid dividends to shareholders, while IMF's dividend yield for the trailing twelve months is around 0.91%.

Position	TTM	2025
IMF Invesco Managed Futures Strategy ETF	0.91%	1.01%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both IVEP and IMF in my portfolio?

IVEP and IMF have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IVEP or IMF?

On fees, IMF is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVEP or IMF?

IMF is cheaper with a 0.65% expense ratio, compared with 0.75% for IVEP.

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

IMF has the higher dividend yield at 0.91%, compared with 0.00% for IVEP.

What is the main difference between IVEP and IMF?

IVEP is categorized as Industrials Equities, while IMF is Systematic Trend. They also come from different issuers: Wedbush and Invesco. Their fees differ too: 0.75% for IVEP and 0.65% for IMF.