IVES vs. FTEC

Last updated Jun 25, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and FTEC (Fidelity MSCI Information Technology Index ETF) are both Technology Equities funds - IVES tracks the Solactive Wedbush Artificial Intelligence Index while FTEC tracks the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past year, IVES returned 35.69% vs 43.89% for FTEC. Their correlation of 0.91 suggests significant overlap in exposure. IVES charges 0.75%/yr vs 0.08%/yr for FTEC.

Performance

IVES vs. FTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Revolution ETF (IVES) and Fidelity MSCI Information Technology Index ETF (FTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVES achieves a 14.36% return, which is significantly lower than FTEC's 22.66% return.

IVES

• 1D: -1.36%
• 1M: -2.95%
• YTD: 14.36%
• 6M: 11.68%
• 1Y: 35.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FTEC

• 1D: -0.73%
• 1M: -0.38%
• YTD: 22.66%
• 6M: 20.59%
• 1Y: 43.89%
• 3Y*: 30.26%
• 5Y*: 19.62%
• 10Y*: 25.18%

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

IVES vs. FTEC - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	14.36%	25.11%
FTEC Fidelity MSCI Information Technology Index ETF	22.66%	21.97%

Correlation

The correlation between IVES and FTEC is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.91

The correlation between IVES and FTEC has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

IVES vs. FTEC - Sectors Allocation Comparison

Sectors	IVES	FTEC
Technology	71.8%	98.3%
Consumer Cyclical	11.0%	0.0%
Communication Services	10.9%	0.0%
Industrials	3.1%	0.6%
Financial Services	1.9%	0.6%
Utilities	1.3%	-
Basic Materials	-	0.0%
Consumer Defensive	-	-
Energy	-	0.3%
Healthcare	-	-
Real Estate	-	-

Return for Risk

IVES vs. FTEC — Risk / Return Rank

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

IVES

IVES Risk / Return Rank: 37
IVES Sharpe Ratio Rank: 41
IVES Sortino Ratio Rank: 38
IVES Omega Ratio Rank: 38
IVES Calmar Ratio Rank: 34
IVES Martin Ratio Rank: 32

FTEC

FTEC Risk / Return Rank: 59
FTEC Sharpe Ratio Rank: 66
FTEC Sortino Ratio Rank: 58
FTEC Omega Ratio Rank: 59
FTEC Calmar Ratio Rank: 61
FTEC Martin Ratio Rank: 52

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. FTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and Fidelity MSCI Information Technology Index ETF (FTEC). 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	FTEC	Difference
Sharpe ratio: Return per unit of total volatility	1.33	1.94	-0.61
Sortino ratio: Return per unit of downside risk	1.82	2.47	-0.65
Omega ratio: Gain probability vs. loss probability	1.23	1.33	-0.10
Calmar ratio: Return relative to maximum drawdown	1.58	2.71	-1.13
Martin ratio: Return relative to average drawdown	4.30	8.29	-3.99

IVES vs. FTEC - Sharpe Ratio Comparison

The current IVES Sharpe Ratio is 1.33, which is lower than the FTEC Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of IVES and FTEC, 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. FTEC - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum FTEC drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for IVES and FTEC.

Drawdown Indicators

	IVES	FTEC	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-34.95%	+12.31%
Max Drawdown (1Y) Largest decline over 1 year	-22.64%	-16.26%	-6.38%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.95%	—
Current Drawdown Current decline from peak	-13.37%	-8.39%	-4.98%
Average Drawdown Average peak-to-trough decline	-5.86%	-5.57%	-0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.32%	5.31%	+3.01%

Volatility

IVES vs. FTEC - Volatility Comparison

Dan IVES Wedbush AI Revolution ETF (IVES) and Fidelity MSCI Information Technology Index ETF (FTEC) have volatilities of 11.81% and 11.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVES	FTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.81%	11.39%	+0.42%
Volatility (6M) Calculated over the trailing 6-month period	21.22%	18.57%	+2.65%
Volatility (1Y) Calculated over the trailing 1-year period	27.13%	22.79%	+4.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.65%	25.60%	+1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.65%	24.86%	+1.79%

IVES vs. FTEC - Expense Ratio Comparison

IVES has a 0.75% expense ratio, which is higher than FTEC's 0.08% expense ratio.

Dividends

IVES vs. FTEC - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.36%, which matches FTEC's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTEC Fidelity MSCI Information Technology Index ETF	0.36%	0.43%	0.49%	0.77%	0.93%	0.63%	0.83%	1.03%	1.20%	0.96%	1.25%	1.27%
IVES Dan IVES Wedbush AI Revolution ETF	0.36%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IVES and FTEC in my portfolio?

With a correlation of 0.91, IVES and FTEC 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 is riskier, IVES or FTEC?

IVES has higher volatility (11.81%) compared to FTEC (11.39%). In terms of maximum drawdown, IVES dropped -22.64% vs FTEC's -34.95%.

Which ETF is better, IVES or FTEC?

On 1-year performance, FTEC leads with 43.89% vs 35.69% for IVES. On fees, FTEC is cheaper at 0.08% per year. On volatility, FTEC has been the lower-risk option at 11.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVES or FTEC?

Over the 1-year period, FTEC has performed better with a 43.89% return vs 35.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVES or FTEC?

FTEC is cheaper with a 0.08% expense ratio, compared with 0.75% for IVES.

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

IVES and FTEC have nearly identical dividend yields, around 0.36%.

What is the main difference between IVES and FTEC?

IVES tracks Solactive Wedbush Artificial Intelligence Index, while FTEC tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: Wedbush and Fidelity. Their fees differ too: 0.75% for IVES and 0.08% for FTEC.

Which has better risk-adjusted returns?

FTEC currently has the higher Sharpe Ratio (1.94 vs 1.33), 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.