IVES vs. HDV

Last updated Jun 5, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. Both are passively managed. Over the past year, IVES returned 57.58% vs 22.15% for HDV. At a correlation of -0.18, they often move in opposite directions. IVES charges 0.75%/yr vs 0.08%/yr for HDV.

Performance

IVES vs. HDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Revolution ETF (IVES) and iShares Core High Dividend ETF (HDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVES achieves a 26.00% return, which is significantly higher than HDV's 13.48% return.

IVES

• 1D: -0.90%
• 1M: 16.50%
• YTD: 26.00%
• 6M: 22.83%
• 1Y: 57.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HDV

• 1D: 0.70%
• 1M: 0.51%
• YTD: 13.48%
• 6M: 13.49%
• 1Y: 22.15%
• 3Y*: 15.28%
• 5Y*: 10.47%
• 10Y*: 9.29%

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

IVES vs. HDV - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	26.00%	25.06%
HDV iShares Core High Dividend ETF	13.48%	7.64%

Correlation

The correlation between IVES and HDV is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	-0.18

IVES vs. HDV - Sectors Allocation Comparison

Sectors	IVES	HDV
Technology	67.8%	8.2%
Consumer Cyclical	12.9%	6.1%
Communication Services	11.8%	0.1%
Industrials	4.3%	1.4%
Financial Services	1.7%	11.1%
Utilities	1.7%	9.2%
Basic Materials	-	1.2%
Consumer Defensive	-	24.1%
Energy	-	22.3%
Healthcare	-	16.5%
Real Estate	-	-

Return for Risk

IVES vs. HDV — Risk / Return Rank

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

HDV

HDV Risk / Return Rank: 73
HDV Sharpe Ratio Rank: 71
HDV Sortino Ratio Rank: 76
HDV Omega Ratio Rank: 67
HDV Calmar Ratio Rank: 82
HDV Martin Ratio Rank: 66

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. HDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and iShares Core High Dividend ETF (HDV). 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	HDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.29	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.82	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.59	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.25	0.73	+1.53

Drawdowns

IVES vs. HDV - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for IVES and HDV.

Drawdown Indicators

	IVES	HDV	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-37.04%	+14.40%
Max Drawdown (1Y) Largest decline over 1 year	-22.64%	-5.18%	-17.46%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.49%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.04%	—
Current Drawdown Current decline from peak	-4.55%	-1.86%	-2.69%
Average Drawdown Average peak-to-trough decline	-5.62%	-3.09%	-2.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.86%	—

Volatility

Volatility by Period

	IVES	HDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.23%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.74%	9.75%	+15.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.74%	12.82%	+12.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.74%	15.73%	+10.01%

IVES vs. HDV - Expense Ratio Comparison

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

Dividends

IVES vs. HDV - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.33%, less than HDV's 2.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDV iShares Core High Dividend ETF	2.89%	3.22%	3.67%	3.82%	3.56%	3.47%	4.07%	3.27%	3.67%	3.27%	3.28%	3.92%
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%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IVES and HDV in my portfolio?

IVES and HDV have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IVES or HDV?

On 1-year performance, IVES leads with 57.58% vs 22.15% for HDV. On fees, HDV is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVES or HDV?

Over the 1-year period, IVES has performed better with a 57.58% return vs 22.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVES or HDV?

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

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

HDV has the higher dividend yield at 2.89%, compared with 0.33% for IVES.

What is the main difference between IVES and HDV?

IVES is categorized as Technology Equities, while HDV is Dividend. IVES tracks Solactive Wedbush Artificial Intelligence Index, while HDV tracks Morningstar Dividend Yield Focus Index. They also come from different issuers: Wedbush and iShares. Their fees differ too: 0.75% for IVES and 0.08% for HDV.