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IVES vs. RSPN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IVES and RSPN is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

IVES vs. RSPN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wedbush ETFMG Global Cloud Technology ETF (IVES) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
69.07%
196.56%
IVES
RSPN

Key characteristics

Sharpe Ratio

IVES:

-0.09

RSPN:

0.32

Sortino Ratio

IVES:

0.09

RSPN:

0.61

Omega Ratio

IVES:

1.01

RSPN:

1.08

Calmar Ratio

IVES:

-0.07

RSPN:

0.31

Martin Ratio

IVES:

-0.33

RSPN:

1.06

Ulcer Index

IVES:

8.73%

RSPN:

6.03%

Daily Std Dev

IVES:

31.41%

RSPN:

20.04%

Max Drawdown

IVES:

-56.11%

RSPN:

-61.25%

Current Drawdown

IVES:

-30.93%

RSPN:

-12.31%

Returns By Period

In the year-to-date period, IVES achieves a -15.32% return, which is significantly lower than RSPN's -4.09% return.


IVES

YTD

-15.32%

1M

-12.58%

6M

-14.68%

1Y

-6.98%

5Y*

6.22%

10Y*

N/A

RSPN

YTD

-4.09%

1M

-4.26%

6M

-5.83%

1Y

5.86%

5Y*

19.06%

10Y*

10.74%

*Annualized

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IVES vs. RSPN - Expense Ratio Comparison

IVES has a 0.68% expense ratio, which is higher than RSPN's 0.40% expense ratio.


Expense ratio chart for IVES: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IVES: 0.68%
Expense ratio chart for RSPN: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
RSPN: 0.40%

Risk-Adjusted Performance

IVES vs. RSPN — Risk-Adjusted Performance Rank

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

IVES
The Risk-Adjusted Performance Rank of IVES is 1818
Overall Rank
The Sharpe Ratio Rank of IVES is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of IVES is 2020
Sortino Ratio Rank
The Omega Ratio Rank of IVES is 2020
Omega Ratio Rank
The Calmar Ratio Rank of IVES is 1616
Calmar Ratio Rank
The Martin Ratio Rank of IVES is 1616
Martin Ratio Rank

RSPN
The Risk-Adjusted Performance Rank of RSPN is 4646
Overall Rank
The Sharpe Ratio Rank of RSPN is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of RSPN is 4848
Sortino Ratio Rank
The Omega Ratio Rank of RSPN is 4646
Omega Ratio Rank
The Calmar Ratio Rank of RSPN is 4949
Calmar Ratio Rank
The Martin Ratio Rank of RSPN is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IVES vs. RSPN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Wedbush ETFMG Global Cloud Technology ETF (IVES) and Invesco S&P 500® Equal Weight Industrials ETF (RSPN). 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.


The chart of Sharpe ratio for IVES, currently valued at -0.14, compared to the broader market-1.000.001.002.003.004.00
IVES: -0.14
RSPN: 0.32
The chart of Sortino ratio for IVES, currently valued at 0.01, compared to the broader market-2.000.002.004.006.008.00
IVES: 0.01
RSPN: 0.61
The chart of Omega ratio for IVES, currently valued at 1.00, compared to the broader market0.501.001.502.002.50
IVES: 1.00
RSPN: 1.08
The chart of Calmar ratio for IVES, currently valued at -0.11, compared to the broader market0.002.004.006.008.0010.0012.00
IVES: -0.11
RSPN: 0.31
The chart of Martin ratio for IVES, currently valued at -0.50, compared to the broader market0.0020.0040.0060.00
IVES: -0.50
RSPN: 1.06

The current IVES Sharpe Ratio is -0.09, which is lower than the RSPN Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of IVES and RSPN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.14
0.32
IVES
RSPN

Dividends

IVES vs. RSPN - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.23%, less than RSPN's 1.03% yield.


TTM20242023202220212020201920182017201620152014
IVES
Wedbush ETFMG Global Cloud Technology ETF
0.23%0.21%0.00%0.00%0.00%0.39%1.16%0.38%1.02%0.64%0.00%0.00%
RSPN
Invesco S&P 500® Equal Weight Industrials ETF
1.03%0.98%0.55%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

IVES vs. RSPN - Drawdown Comparison

The maximum IVES drawdown since its inception was -56.11%, smaller than the maximum RSPN drawdown of -61.25%. Use the drawdown chart below to compare losses from any high point for IVES and RSPN. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-30.93%
-12.31%
IVES
RSPN

Volatility

IVES vs. RSPN - Volatility Comparison

Wedbush ETFMG Global Cloud Technology ETF (IVES) has a higher volatility of 20.97% compared to Invesco S&P 500® Equal Weight Industrials ETF (RSPN) at 13.93%. This indicates that IVES's price experiences larger fluctuations and is considered to be riskier than RSPN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
20.97%
13.93%
IVES
RSPN