IVES vs. IVEP

Last updated Jun 25, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. Both are passively managed. At a 0.42 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

IVES vs. IVEP - Performance Comparison

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

Returns By Period

IVES

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

IVEP

• 1D: 0.14%
• 1M: -0.97%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVES vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
IVES Dan IVES Wedbush AI Revolution ETF	24.44%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	7.21%

Correlation

The correlation between IVES and IVEP is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.42

IVES vs. IVEP - Sectors Allocation Comparison

Sectors	IVES	IVEP
Technology	71.8%	7.7%
Consumer Cyclical	11.0%	-
Communication Services	10.9%	-
Industrials	3.1%	43.6%
Financial Services	1.9%	-
Utilities	1.3%	22.5%
Basic Materials	-	2.4%
Consumer Defensive	-	-
Energy	-	13.0%
Healthcare	-	-
Real Estate	-	10.9%

Return for Risk

IVES vs. IVEP — 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

IVEP

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

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. IVEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). 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	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	1.33	—	—
Sortino ratio: Return per unit of downside risk	1.82	—	—
Omega ratio: Gain probability vs. loss probability	1.23	—	—
Calmar ratio: Return relative to maximum drawdown	1.58	—	—
Martin ratio: Return relative to average drawdown	4.30	—	—

Drawdowns

IVES vs. IVEP - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, which is greater than IVEP's maximum drawdown of -10.90%. Use the drawdown chart below to compare losses from any high point for IVES and IVEP.

Drawdown Indicators

	IVES	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-10.90%	-11.74%
Max Drawdown (1Y) Largest decline over 1 year	-22.64%	—	—
Current Drawdown Current decline from peak	-13.37%	-3.97%	-9.40%
Average Drawdown Average peak-to-trough decline	-5.86%	-2.80%	-3.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.32%	—	—

Volatility

Volatility by Period

	IVES	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	27.13%	29.06%	-1.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.65%	29.06%	-2.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.65%	29.06%	-2.41%

IVES vs. IVEP - Expense Ratio Comparison

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

Dividends

IVES vs. IVEP - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.36%, while IVEP has not paid dividends to shareholders.

Position	TTM	2025
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%
IVES Dan IVES Wedbush AI Revolution ETF	0.36%	0.41%

Frequently Asked Questions

Can I hold both IVES and IVEP in my portfolio?

IVES and IVEP have a correlation of 0.42, 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 IVEP?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVES or IVEP?

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

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

IVES has the higher dividend yield at 0.36%, compared with 0.00% for IVEP.

What is the main difference between IVES and IVEP?

IVES is categorized as Technology Equities, while IVEP is Industrials Equities. IVES tracks Solactive Wedbush Artificial Intelligence Index, while IVEP tracks Solactive Wedbush AI Power & Infrastructure Index.