IVES vs. QQQ

Last updated Jun 23, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past year, IVES returned 45.84% vs 40.91% for QQQ. Their correlation of 0.87 suggests significant overlap in exposure. IVES charges 0.75%/yr vs 0.18%/yr for QQQ.

Performance

IVES vs. QQQ - Performance Comparison

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

Returns By Period

In the year-to-date period, IVES achieves a 18.82% return, which is significantly lower than QQQ's 20.41% return.

IVES

• 1D: -1.24%
• 1M: 0.83%
• YTD: 18.82%
• 6M: 16.32%
• 1Y: 45.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQ

• 1D: -0.25%
• 1M: 2.96%
• YTD: 20.41%
• 6M: 19.46%
• 1Y: 40.91%
• 3Y*: 27.47%
• 5Y*: 16.94%
• 10Y*: 22.48%

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

IVES vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	18.82%	25.11%
QQQ Invesco QQQ ETF	20.41%	16.92%

Correlation

The correlation between IVES and QQQ is 0.87, 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	0.87
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.87

The correlation between IVES and QQQ has been stable across timeframes, ranging from 0.87 to 0.87 - a consistent structural relationship.

IVES vs. QQQ - Sectors Allocation Comparison

Sectors	IVES	QQQ
Technology	71.8%	58.7%
Consumer Cyclical	11.0%	11.4%
Communication Services	10.9%	14.3%
Industrials	3.1%	2.6%
Financial Services	1.9%	0.2%
Utilities	1.3%	1.2%
Basic Materials	-	1.0%
Consumer Defensive	-	6.4%
Energy	-	0.5%
Healthcare	-	3.7%
Real Estate	-	0.1%

Return for Risk

IVES vs. QQQ — Risk / Return Rank

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

IVES

IVES Risk / Return Rank: 44
IVES Sharpe Ratio Rank: 52
IVES Sortino Ratio Rank: 46
IVES Omega Ratio Rank: 45
IVES Calmar Ratio Rank: 42
IVES Martin Ratio Rank: 37

QQQ

QQQ Risk / Return Rank: 72
QQQ Sharpe Ratio Rank: 76
QQQ Sortino Ratio Rank: 70
QQQ Omega Ratio Rank: 72
QQQ Calmar Ratio Rank: 70
QQQ Martin Ratio Rank: 71

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. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and Invesco QQQ ETF (QQQ). 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	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	1.71	2.33	-0.62
Sortino ratio: Return per unit of downside risk	2.23	3.03	-0.80
Omega ratio: Gain probability vs. loss probability	1.29	1.41	-0.12
Calmar ratio: Return relative to maximum drawdown	2.03	3.44	-1.40
Martin ratio: Return relative to average drawdown	5.57	12.79	-7.21

IVES vs. QQQ - Sharpe Ratio Comparison

The current IVES Sharpe Ratio is 1.71, which is comparable to the QQQ Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of IVES and QQQ, 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. QQQ - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for IVES and QQQ.

Drawdown Indicators

	IVES	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-82.97%	+60.33%
Max Drawdown (1Y) Largest decline over 1 year	-22.64%	-11.96%	-10.68%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-9.99%	-0.99%	-9.00%
Average Drawdown Average peak-to-trough decline	-5.80%	-32.73%	+26.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.25%	3.21%	+5.04%

Volatility

IVES vs. QQQ - Volatility Comparison

Dan IVES Wedbush AI Revolution ETF (IVES) has a higher volatility of 11.55% compared to Invesco QQQ ETF (QQQ) at 8.47%. This indicates that IVES's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVES	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.55%	8.47%	+3.08%
Volatility (6M) Calculated over the trailing 6-month period	21.29%	14.20%	+7.09%
Volatility (1Y) Calculated over the trailing 1-year period	27.03%	17.67%	+9.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.59%	22.64%	+3.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.59%	22.43%	+4.16%

IVES vs. QQQ - Expense Ratio Comparison

IVES has a 0.75% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

IVES vs. QQQ - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.35%, less than QQQ's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVES Dan IVES Wedbush AI Revolution ETF	0.35%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.41%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both IVES and QQQ in my portfolio?

IVES and QQQ have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVES or QQQ?

IVES has higher volatility (11.55%) compared to QQQ (8.47%). In terms of maximum drawdown, IVES dropped -22.64% vs QQQ's -82.97%.

Which ETF is better, IVES or QQQ?

On 1-year performance, IVES leads with 45.84% vs 40.91% for QQQ. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 8.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVES or QQQ?

Over the 1-year period, IVES has performed better with a 45.84% return vs 40.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVES or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.75% for IVES.

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

QQQ has the higher dividend yield at 0.49%, compared with 0.35% for IVES.

What is the main difference between IVES and QQQ?

IVES is categorized as Technology Equities, while QQQ is Nasdaq-100. IVES tracks Solactive Wedbush Artificial Intelligence Index, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Wedbush and Invesco. Their fees differ too: 0.75% for IVES and 0.18% for QQQ.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.33 vs 1.71), 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.