IVEP vs. IVES

Last updated Jun 23, 2026

IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) and IVES (Dan IVES Wedbush AI Revolution ETF) are both exchange-traded funds - IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index, while IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index. Both are passively managed. At a 0.39 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

IVEP vs. IVES - Performance Comparison

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

Returns By Period

IVEP

• 1D: 1.42%
• 1M: 3.12%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVES

• 1D: -1.24%
• 1M: 0.83%
• YTD: 18.82%
• 6M: 16.32%
• 1Y: 45.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVEP vs. IVES - Yearly Performance Comparison

	2026 (YTD)
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	11.64%
IVES Dan IVES Wedbush AI Revolution ETF	29.29%

Correlation

The correlation between IVEP and IVES is 0.39, 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	0.39

IVEP vs. IVES - Sectors Allocation Comparison

Sectors	IVEP	IVES
Industrials	43.6%	3.1%
Utilities	22.5%	1.3%
Energy	13.0%	-
Real Estate	10.9%	-
Technology	7.7%	71.8%
Basic Materials	2.4%	-
Communication Services	-	10.9%
Consumer Cyclical	-	11.0%
Consumer Defensive	-	-
Financial Services	-	1.9%
Healthcare	-	-

Return for Risk

IVEP vs. IVES — 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.

IVES

IVES Risk / Return Rank: 44
IVES Sharpe Ratio Rank: 52
IVES Sortino Ratio Rank: 46
IVES Omega Ratio Rank: 45
IVES Calmar Ratio Rank: 42
IVES Martin Ratio Rank: 37

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. IVES - Risk-Adjusted Trends Comparison

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

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	IVES	Difference
Sharpe ratio: Return per unit of total volatility	—	1.71	—
Sortino ratio: Return per unit of downside risk	—	2.23	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.03	—
Martin ratio: Return relative to average drawdown	—	5.57	—

Drawdowns

IVEP vs. IVES - Drawdown Comparison

The maximum IVEP drawdown since its inception was -10.90%, smaller than the maximum IVES drawdown of -22.64%. Use the drawdown chart below to compare losses from any high point for IVEP and IVES.

Drawdown Indicators

	IVEP	IVES	Difference
Max Drawdown Largest peak-to-trough decline	-10.90%	-22.64%	+11.74%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.64%	—
Current Drawdown Current decline from peak	0.00%	-9.99%	+9.99%
Average Drawdown Average peak-to-trough decline	-2.75%	-5.80%	+3.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.25%	—

Volatility

Volatility by Period

	IVEP	IVES	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	28.05%	27.03%	+1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.05%	26.59%	+1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.05%	26.59%	+1.46%

IVEP vs. IVES - Expense Ratio Comparison

Both IVEP and IVES have an expense ratio of 0.75%.

Dividends

IVEP vs. IVES - Dividend Comparison

IVEP has not paid dividends to shareholders, while IVES's dividend yield for the trailing twelve months is around 0.35%.

Position	TTM	2025
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%
IVES Dan IVES Wedbush AI Revolution ETF	0.35%	0.41%

Frequently Asked Questions

Can I hold both IVEP and IVES in my portfolio?

IVEP and IVES have a correlation of 0.39, 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 IVES?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVEP or IVES?

IVEP and IVES have the same expense ratio: 0.75% per year.

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

IVES has the higher dividend yield at 0.35%, compared with 0.00% for IVEP.

What is the main difference between IVEP and IVES?

IVEP is categorized as Industrials Equities, while IVES is Technology Equities. IVEP tracks Solactive Wedbush AI Power & Infrastructure Index, while IVES tracks Solactive Wedbush Artificial Intelligence Index.