IVES vs. AIQ

Last updated Jun 4, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and AIQ (Global X Artificial Intelligence & Technology ETF) are both Technology Equities funds - IVES tracks the Solactive Wedbush Artificial Intelligence Index while AIQ tracks the Indxx Artificial Intelligence & Big Data Index. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. IVES charges 0.75%/yr vs 0.68%/yr for AIQ.

Performance

IVES vs. AIQ - Performance Comparison

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

Returns By Period

In the year-to-date period, IVES achieves a 27.14% return, which is significantly lower than AIQ's 35.98% return.

IVES

• 1D: -2.92%
• 1M: 18.28%
• YTD: 27.14%
• 6M: 24.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIQ

• 1D: -1.40%
• 1M: 21.10%
• YTD: 35.98%
• 6M: 36.15%
• 1Y: 69.19%
• 3Y*: 37.50%
• 5Y*: 19.07%
• 10Y*: —

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

IVES vs. AIQ - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	27.14%	25.06%
AIQ Global X Artificial Intelligence & Technology ETF	35.98%	23.24%

Correlation

The correlation between IVES and AIQ is 0.93, 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 Jun 5, 2025	0.93

IVES vs. AIQ - Sectors Allocation Comparison

Sectors	IVES	AIQ
Technology	67.8%	73.3%
Consumer Cyclical	12.9%	8.5%
Communication Services	11.8%	13.2%
Industrials	4.3%	4.2%
Financial Services	1.7%	0.4%
Utilities	1.7%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	0.4%
Real Estate	-	-

Return for Risk

IVES vs. AIQ — Risk / Return Rank

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

AIQ

AIQ Risk / Return Rank: 81
AIQ Sharpe Ratio Rank: 88
AIQ Sortino Ratio Rank: 81
AIQ Omega Ratio Rank: 80
AIQ Calmar Ratio Rank: 80
AIQ Martin Ratio Rank: 75

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.

IVES vs. AIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and Global X Artificial Intelligence & Technology ETF (AIQ). 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.

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

Sharpe Ratios by Period

	IVES	AIQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.02	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.32	0.84	+1.48

Drawdowns

IVES vs. AIQ - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum AIQ drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for IVES and AIQ.

Drawdown Indicators

	IVES	AIQ	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-44.66%	+22.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.47%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-44.66%	—
Current Drawdown Current decline from peak	-3.69%	-1.40%	-2.29%
Average Drawdown Average peak-to-trough decline	-5.63%	-9.80%	+4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.76%	—

Volatility

Volatility by Period

	IVES	AIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.77%	23.04%	+2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.77%	25.33%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.77%	25.50%	+0.27%

IVES vs. AIQ - Expense Ratio Comparison

IVES has a 0.75% expense ratio, which is higher than AIQ's 0.68% expense ratio.

Dividends

IVES vs. AIQ - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.33%, more than AIQ's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AIQ Global X Artificial Intelligence & Technology ETF	0.14%	0.18%	0.14%	0.16%	0.56%	0.15%	0.50%	0.51%	0.51%
IVES Dan IVES Wedbush AI Revolution ETF	0.33%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IVES and AIQ in my portfolio?

With a correlation of 0.93, IVES and AIQ 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, IVES or AIQ?

On fees, AIQ is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVES or AIQ?

AIQ is cheaper with a 0.68% expense ratio, compared with 0.75% for IVES.

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

IVES has the higher dividend yield at 0.33%, compared with 0.14% for AIQ.

What is the main difference between IVES and AIQ?

IVES tracks Solactive Wedbush Artificial Intelligence Index, while AIQ tracks Indxx Artificial Intelligence & Big Data Index. They also come from different issuers: Wedbush and Global X. Their fees differ too: 0.75% for IVES and 0.68% for AIQ.