IVES vs. SMCI

Last updated Jun 4, 2026

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. A 0.59 correlation means they provide meaningful diversification when combined.

Performance

IVES vs. SMCI - Performance Comparison

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

Returns By Period

In the year-to-date period, IVES achieves a 27.14% return, which is significantly lower than SMCI's 62.01% return.

IVES

• 1D: -2.92%
• 1M: 18.28%
• YTD: 27.14%
• 6M: 24.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SMCI

• 1D: -5.48%
• 1M: 69.84%
• YTD: 62.01%
• 6M: 40.80%
• 1Y: 9.79%
• 3Y*: 28.80%
• 5Y*: 66.83%
• 10Y*: 33.40%

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

IVES vs. SMCI - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	27.14%	25.06%
SMCI Super Micro Computer, Inc.	62.01%	-33.67%

Correlation

The correlation between IVES and SMCI is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.59

Return for Risk

IVES vs. SMCI — Risk / Return Rank

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

SMCI

SMCI Risk / Return Rank: 45
SMCI Sharpe Ratio Rank: 45
SMCI Sortino Ratio Rank: 47
SMCI Omega Ratio Rank: 48
SMCI Calmar Ratio Rank: 44
SMCI Martin Ratio Rank: 43

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. 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.

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

Sharpe Ratios by Period

	IVES	SMCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.32	0.37	+1.95

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.

Drawdown Indicators

	IVES	SMCI	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-84.84%	+62.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-66.18%	—
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 Drawdown Current decline from peak	-3.69%	-60.09%	+56.40%
Average Drawdown Average peak-to-trough decline	-5.63%	-31.94%	+26.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	38.80%	—

Volatility

Volatility by Period

	IVES	SMCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	30.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	66.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.77%	79.02%	-53.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.77%	85.25%	-59.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.77%	70.43%	-44.66%

Dividends

IVES vs. SMCI - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.33%, while SMCI has not paid dividends to shareholders.

Position	TTM	2025
IVES Dan IVES Wedbush AI Revolution ETF	0.33%	0.41%
SMCI Super Micro Computer, Inc.	0.00%	0.00%

Frequently Asked Questions

Can I hold both IVES and SMCI in my portfolio?

IVES and SMCI have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.