IVES vs. SMCI
IVES (Dan IVES Wedbush AI Revolution ETF) is Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index, while SMCI (Super Micro Computer, Inc.) is a stock. Over the past year, IVES returned 39.54% vs -44.40% for SMCI. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
IVES vs. SMCI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IVES achieves a 18.79% return, which is significantly higher than SMCI's -5.53% return.
IVES
- 1D
- 0.24%
- 1M
- 1.54%
- 6M
- 13.27%
- YTD
- 18.79%
- 1Y
- 39.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SMCI
- 1D
- -0.04%
- 1M
- -9.23%
- 6M
- -3.32%
- YTD
- -5.53%
- 1Y
- -44.40%
- 3Y*
- -2.18%
- 5Y*
- 51.58%
- 10Y*
- 26.67%
IVES vs. SMCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IVES Dan IVES Wedbush AI Revolution ETF | 18.79% | 25.11% |
SMCI Super Micro Computer, Inc. | -5.53% | -32.23% |
Correlation
The correlation between IVES and SMCI is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025 | 0.59 |
The correlation between IVES and SMCI has been stable across timeframes, ranging from 0.59 to 0.60 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IVES vs. SMCI — Risk / Return Rank
IVES
SMCI
IVES vs. SMCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and Super Micro Computer, Inc. (SMCI). 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 | SMCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.97 | ||
| Sortino ratioReturn per unit of downside risk | +2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.96 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | -0.67 | +2.43 |
| Martin ratioReturn relative to average drawdown | 4.59 | -1.06 | +5.65 |
Loading charts...
Drawdowns
IVES vs. SMCI - Drawdown Comparison
The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum SMCI drawdown of -84.84%. Use the drawdown chart below to compare losses from any high point for IVES and SMCI.
Loading charts...
Drawdown Indicators
| IVES | SMCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.64% | -84.84% | +62.20% |
Max Drawdown (1Y)Largest decline over 1 year | -22.64% | -66.18% | +43.54% |
Max Drawdown (3Y)Largest decline over 3 years | — | -84.84% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -84.84% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -84.84% | — |
Current DrawdownCurrent decline from peak | -10.02% | -76.73% | +66.71% |
Average DrawdownAverage peak-to-trough decline | -6.06% | -32.16% | +26.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.64% | 41.94% | -33.30% |
Volatility
IVES vs. SMCI - Volatility Comparison
The current volatility for Dan IVES Wedbush AI Revolution ETF (IVES) is 7.90%, while Super Micro Computer, Inc. (SMCI) has a volatility of 25.82%. This indicates that IVES experiences smaller price fluctuations and is considered to be less risky than SMCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IVES | SMCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.90% | 25.82% | -17.92% |
Volatility (6M)Calculated over the trailing 6-month period | 21.74% | 79.26% | -57.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.27% | 86.87% | -59.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.56% | 87.26% | -60.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.56% | 71.58% | -45.02% |
Dividends
IVES vs. SMCI - Dividend Comparison
IVES's dividend yield for the trailing twelve months is around 0.35%, while SMCI has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
IVES Dan IVES Wedbush AI Revolution ETF | 0.35% | 0.41% |
SMCI Super Micro Computer, Inc. | 0.00% | 0.00% |
Frequently Asked Questions
IVES and SMCI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMCI has higher volatility (25.82%) compared to IVES (7.90%). In terms of maximum drawdown, IVES dropped -22.64% vs SMCI's -84.84%.
IVES currently has the higher Sharpe Ratio (1.46 vs -0.51), 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.
Find the right allocation for IVES and SMCI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer