IVEP vs. XLII

Last updated Aug 2, 2026

IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) and XLII (State Street Industrial Select Sector SPDR Premium Income ETF) are both exchange-traded funds - IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index, while XLII is a Derivative Income fund actively managed by State Street. IVEP is passively managed, while XLII is actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. IVEP charges 0.75%/yr vs 0.35%/yr for XLII.

Performance

IVEP vs. XLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IVEP

• 1D: 0.51%
• 1M: -3.48%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

XLII

• 1D: 0.96%
• 1M: -0.49%
• 6M: 8.98%
• YTD: 11.91%
• 1Y: 20.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.91%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	$577.50K	$624.15K	$882.90K
XLII State Street Industrial Select Sector SPDR Premium Income ETF	$449.50K	$324.22K	$213.70K

IVEP vs. XLII - Yearly Performance Comparison

	2026 (YTD)
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	-1.60%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	11.24%

Correlation

The correlation between IVEP and XLII is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.67

IVEP vs. XLII - Sectors Allocation Comparison

Sectors	IVEP	XLII
Industrials	45.4%	93.8%
Utilities	22.3%	-
Energy	12.5%	-
Real Estate	10.1%	-
Technology	7.6%	5.9%
Basic Materials	2.2%	-
Communication Services	-	-
Consumer Cyclical	-	0.3%
Consumer Defensive	-	-
Financial Services	-	100.8%
Healthcare	-	-

Return for Risk

IVEP vs. XLII — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

XLII

XLII Risk / Return Rank: 66
XLII Sharpe Ratio Rank: 69
XLII Sortino Ratio Rank: 68
XLII Omega Ratio Rank: 69
XLII Calmar Ratio Rank: 54
XLII Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IVEP vs. XLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP) and State Street Industrial Select Sector SPDR Premium Income ETF (XLII). 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	XLII	Difference
Sharpe ratio: Return per unit of total volatility	—	1.59	—
Sortino ratio: Return per unit of downside risk	—	2.26	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	1.93	—
Martin ratio: Return relative to average drawdown	—	8.68	—

Drawdowns

IVEP vs. XLII - Drawdown Comparison

The maximum IVEP drawdown since its inception was -17.54%, which is greater than XLII's maximum drawdown of -10.10%. Use the drawdown chart below to compare losses from any high point for IVEP and XLII.

Drawdown Indicators

	IVEP	XLII	Difference
Max Drawdown Largest peak-to-trough decline	-17.54%	-10.10%	-7.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.10%	—
Current Drawdown Current decline from peak	-11.86%	-1.32%	-10.54%
Average Drawdown Average peak-to-trough decline	-5.01%	-1.28%	-3.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.24%	—

Volatility

Volatility by Period

	IVEP	XLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	31.41%	12.25%	+19.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.41%	12.23%	+19.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.41%	12.23%	+19.18%

IVEP vs. XLII - Expense Ratio Comparison

IVEP has a 0.75% expense ratio, which is higher than XLII's 0.35% expense ratio.

Dividends

IVEP vs. XLII - Dividend Comparison

IVEP has not paid dividends to shareholders, while XLII's dividend yield for the trailing twelve months is around 12.08%.

Position	TTM	2025
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%
XLII State Street Industrial Select Sector SPDR Premium Income ETF	12.08%	5.47%

Frequently Asked Questions

Can I hold both IVEP and XLII in my portfolio?

IVEP and XLII have a correlation of 0.67, 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 XLII?

On fees, XLII is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVEP or XLII?

XLII is cheaper with a 0.35% expense ratio, compared with 0.75% for IVEP.

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

XLII has the higher dividend yield at 12.08%, compared with 0.00% for IVEP.

What is the main difference between IVEP and XLII?

IVEP is categorized as Industrials Equities, while XLII is Derivative Income. They also come from different issuers: Wedbush and State Street. Their fees differ too: 0.75% for IVEP and 0.35% for XLII.