IVES vs. AIS

Last updated Apr 1, 2026

Compare and contrast key facts about Dan IVES Wedbush AI Revolution ETF (IVES) and VistaShares Artificial Intelligence Supercycle ETF (AIS).

IVES and AIS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVES is a passively managed fund by Wedbush that tracks the performance of the Solactive Wedbush Artificial Intelligence Index. It was launched on Jun 4, 2025. AIS is an actively managed fund by VistaShares. It was launched on Dec 3, 2024.

Performance

IVES vs. AIS - Performance Comparison

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

IVES vs. AIS - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	-10.25%	25.06%
AIS VistaShares Artificial Intelligence Supercycle ETF	10.96%	47.65%

Returns By Period

In the year-to-date period, IVES achieves a -10.25% return, which is significantly lower than AIS's 10.96% return.

IVES

• 1D: 4.61%
• 1M: -4.73%
• YTD: -10.25%
• 6M: -11.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIS

• 1D: 5.94%
• 1M: -8.03%
• YTD: 10.96%
• 6M: 19.31%
• 1Y: 94.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVES vs. AIS - Expense Ratio Comparison

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

IVES

Dan IVES Wedbush AI Revolution ETF

AIS

VistaShares Artificial Intelligence Supercycle ETF

Return for Risk

IVES vs. AIS — Risk / Return Rank

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

AIS

AIS Risk / Return Rank: 95
AIS Sharpe Ratio Rank: 96
AIS Sortino Ratio Rank: 95
AIS Omega Ratio Rank: 93
AIS Calmar Ratio Rank: 97
AIS Martin Ratio Rank: 96

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. AIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and VistaShares Artificial Intelligence Supercycle ETF (AIS). 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	AIS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	1.33	-0.72

Correlation

The correlation between IVES and AIS is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IVES vs. AIS - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.46%, while AIS has not paid dividends to shareholders.

	TTM	2025
IVES Dan IVES Wedbush AI Revolution ETF	0.46%	0.41%
AIS VistaShares Artificial Intelligence Supercycle ETF	0.00%	0.00%

Drawdowns

IVES vs. AIS - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum AIS drawdown of -32.78%. Use the drawdown chart below to compare losses from any high point for IVES and AIS.

Drawdown Indicators

	IVES	AIS	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-32.78%	+10.14%
Max Drawdown (1Y) Largest decline over 1 year	—	-18.75%	—
Current Drawdown Current decline from peak	-19.07%	-10.75%	-8.32%
Average Drawdown Average peak-to-trough decline	-5.65%	-5.96%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.44%	—

Volatility

Volatility by Period

	IVES	AIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	15.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	26.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.09%	36.55%	-11.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.09%	36.11%	-11.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.09%	36.11%	-11.02%