IVES vs. AIFD

Last updated Aug 4, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and AIFD (TCW Artificial Intelligence ETF) are both Artificial Intelligence funds. IVES is passively managed, while AIFD is actively managed. Over the past year, IVES returned 37.89% vs 61.19% for AIFD. Their correlation of 0.87 means they have usually moved in the same direction. Both charge a 0.75% expense ratio.

Performance

IVES vs. AIFD - Performance Comparison

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

Returns By Period

In the year-to-date period, IVES achieves a 18.13% return, which is significantly lower than AIFD's 34.94% return.

IVES

• 1D: 3.61%
• 1M: 0.16%
• 6M: 15.32%
• YTD: 18.13%
• 1Y: 37.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 39.89%

AIFD

• 1D: 3.45%
• 1M: -1.75%
• 6M: 30.89%
• YTD: 34.94%
• 1Y: 61.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 36.07%

*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)
AIFD TCW Artificial Intelligence ETF	$659.85K	$728.46K	$1.17M
IVES Dan IVES Wedbush AI Revolution ETF	$10.92M	$16.04M	$21.36M

IVES vs. AIFD - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	18.13%	25.11%
AIFD TCW Artificial Intelligence ETF	34.94%	32.46%

Correlation

The correlation between IVES and AIFD is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.87
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.87

The correlation between IVES and AIFD has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

IVES vs. AIFD - Sectors Allocation Comparison

Sectors	IVES	AIFD
Technology	71.4%	73.7%
Communication Services	11.9%	7.0%
Consumer Cyclical	9.4%	5.2%
Industrials	4.4%	10.0%
Financial Services	1.4%	-
Utilities	1.4%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

IVES vs. AIFD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IVES

IVES Risk / Return Rank: 48
IVES Sharpe Ratio Rank: 54
IVES Sortino Ratio Rank: 53
IVES Omega Ratio Rank: 49
IVES Calmar Ratio Rank: 46
IVES Martin Ratio Rank: 39

AIFD

AIFD Risk / Return Rank: 79
AIFD Sharpe Ratio Rank: 82
AIFD Sortino Ratio Rank: 74
AIFD Omega Ratio Rank: 73
AIFD Calmar Ratio Rank: 80
AIFD Martin Ratio Rank: 84

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.

IVES vs. AIFD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and TCW Artificial Intelligence ETF (AIFD). 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.

	IVES	AIFD	Difference
Sharpe ratio: Return per unit of total volatility	1.36	2.02	-0.67
Sortino ratio: Return per unit of downside risk	1.90	2.53	-0.63
Omega ratio: Gain probability vs. loss probability	1.23	1.32	-0.09
Calmar ratio: Return relative to maximum drawdown	1.68	3.04	-1.36
Martin ratio: Return relative to average drawdown	4.11	12.31	-8.20

IVES vs. AIFD - Sharpe Ratio Comparison

The current IVES Sharpe Ratio is 1.36, which is lower than the AIFD Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of IVES and AIFD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IVES vs. AIFD - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum AIFD drawdown of -33.20%. Use the drawdown chart below to compare losses from any high point for IVES and AIFD.

Drawdown Indicators

	IVES	AIFD	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-33.20%	+10.56%
Max Drawdown (1Y) Largest decline over 1 year	-22.64%	-20.22%	-2.42%
Current Drawdown Current decline from peak	-10.52%	-11.49%	+0.97%
Average Drawdown Average peak-to-trough decline	-6.43%	-5.99%	-0.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.23%	4.99%	+4.24%

Volatility

IVES vs. AIFD - Volatility Comparison

The current volatility for Dan IVES Wedbush AI Revolution ETF (IVES) is 8.88%, while TCW Artificial Intelligence ETF (AIFD) has a volatility of 11.65%. This indicates that IVES experiences smaller price fluctuations and is considered to be less risky than AIFD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVES	AIFD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.88%	11.65%	-2.77%
Volatility (6M) Calculated over the trailing 6-month period	22.41%	25.22%	-2.81%
Volatility (1Y) Calculated over the trailing 1-year period	28.14%	30.48%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.95%	30.63%	-3.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.95%	30.63%	-3.68%

IVES vs. AIFD - Expense Ratio Comparison

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

Dividends

IVES vs. AIFD - Dividend Comparison

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

Position	TTM	2025
AIFD TCW Artificial Intelligence ETF	0.00%	0.00%
IVES Dan IVES Wedbush AI Revolution ETF	0.35%	0.41%

Frequently Asked Questions

Can I hold both IVES and AIFD in my portfolio?

IVES and AIFD have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVES or AIFD?

AIFD has higher volatility (11.65%) compared to IVES (8.88%). In terms of maximum drawdown, IVES dropped -22.64% vs AIFD's -33.20%.

Which ETF is better, IVES or AIFD?

On 1-year performance, AIFD leads with 61.19% vs 37.89% for IVES. Both ETFs have the same 0.75% expense ratio. On volatility, IVES has been the lower-risk option at 8.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVES or AIFD?

Over the 1-year period, AIFD has performed better with a 61.19% return vs 37.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVES or AIFD?

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

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

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

What is the main difference between IVES and AIFD?

They also come from different issuers: Wedbush and TCW.

Which has better risk-adjusted returns?

AIFD currently has the higher Sharpe Ratio (2.02 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.