IVES vs. TGLR

Last updated Aug 4, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and TGLR (Wedbush LAFFER|TENGLER New Era Value ETF) are both exchange-traded funds - IVES is a Artificial Intelligence fund tracking the Solactive Wedbush Artificial Intelligence Index, while TGLR is a Dividend fund actively managed by Wedbush. IVES is passively managed, while TGLR is actively managed. Over the past year, IVES returned 37.89% vs 25.36% for TGLR. Their 0.66 correlation means they have sometimes moved together and sometimes differently. IVES charges 0.75%/yr vs 0.95%/yr for TGLR.

Performance

IVES vs. TGLR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Revolution ETF (IVES) and Wedbush LAFFER|TENGLER New Era Value ETF (TGLR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVES achieves a 18.13% return, which is significantly higher than TGLR's 13.03% return.

IVES

• 1D: 3.61%
• 1M: 0.16%
• 6M: 15.32%
• YTD: 18.13%
• 1Y: 37.89%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 39.89%

TGLR

• 1D: 1.01%
• 1M: 1.21%
• 6M: 7.68%
• YTD: 13.03%
• 1Y: 25.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.26%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IVES Dan IVES Wedbush AI Revolution ETF	$10.92M	$16.04M	$21.36M
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	$127.00K	$118.29K	$218.46K

IVES vs. TGLR - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	18.13%	25.11%
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	13.03%	18.51%

Correlation

The correlation between IVES and TGLR is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.66

The correlation between IVES and TGLR has been stable across timeframes, ranging from 0.66 to 0.67 - a consistent structural relationship.

IVES vs. TGLR - Sectors Allocation Comparison

Sectors	IVES	TGLR
Technology	71.4%	24.6%
Communication Services	11.9%	3.7%
Consumer Cyclical	9.4%	13.1%
Industrials	4.4%	15.0%
Financial Services	1.4%	15.2%
Utilities	1.4%	2.1%
Basic Materials	-	3.0%
Consumer Defensive	-	4.7%
Energy	-	7.6%
Healthcare	-	8.8%
Real Estate	-	2.1%

Return for Risk

IVES vs. TGLR — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IVES

IVES Risk / Return Rank: 48
IVES Sharpe Ratio Rank: 54
IVES Sortino Ratio Rank: 53
IVES Omega Ratio Rank: 49
IVES Calmar Ratio Rank: 46
IVES Martin Ratio Rank: 39

TGLR

TGLR Risk / Return Rank: 80
TGLR Sharpe Ratio Rank: 80
TGLR Sortino Ratio Rank: 81
TGLR Omega Ratio Rank: 78
TGLR Calmar Ratio Rank: 78
TGLR Martin Ratio Rank: 83

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IVES vs. TGLR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and Wedbush LAFFER|TENGLER New Era Value ETF (TGLR). 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	TGLR	Difference
Sharpe ratio: Return per unit of total volatility	1.36	1.93	-0.57
Sortino ratio: Return per unit of downside risk	1.90	2.76	-0.86
Omega ratio: Gain probability vs. loss probability	1.23	1.34	-0.11
Calmar ratio: Return relative to maximum drawdown	1.68	2.96	-1.27
Martin ratio: Return relative to average drawdown	4.11	11.79	-7.68

IVES vs. TGLR - Sharpe Ratio Comparison

The current IVES Sharpe Ratio is 1.36, which is comparable to the TGLR Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of IVES and TGLR, 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. TGLR - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, which is greater than TGLR's maximum drawdown of -19.82%. Use the drawdown chart below to compare losses from any high point for IVES and TGLR.

Drawdown Indicators

	IVES	TGLR	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-19.82%	-2.82%
Max Drawdown (1Y) Largest decline over 1 year	-22.64%	-8.62%	-14.02%
Current Drawdown Current decline from peak	-10.52%	-0.72%	-9.80%
Average Drawdown Average peak-to-trough decline	-6.43%	-2.33%	-4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.23%	2.16%	+7.07%

Volatility

IVES vs. TGLR - Volatility Comparison

Dan IVES Wedbush AI Revolution ETF (IVES) has a higher volatility of 8.88% compared to Wedbush LAFFER|TENGLER New Era Value ETF (TGLR) at 3.67%. This indicates that IVES's price experiences larger fluctuations and is considered to be riskier than TGLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVES	TGLR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.88%	3.67%	+5.21%
Volatility (6M) Calculated over the trailing 6-month period	22.41%	10.27%	+12.14%
Volatility (1Y) Calculated over the trailing 1-year period	28.14%	13.24%	+14.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.95%	15.17%	+11.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.95%	15.17%	+11.78%

IVES vs. TGLR - Expense Ratio Comparison

IVES has a 0.75% expense ratio, which is lower than TGLR's 0.95% expense ratio.

Dividends

IVES vs. TGLR - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.35%, less than TGLR's 0.93% yield.

Position	TTM	2025	2024	2023
IVES Dan IVES Wedbush AI Revolution ETF	0.35%	0.41%	0.00%	0.00%
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	0.93%	1.16%	1.02%	0.65%

Frequently Asked Questions

Can I hold both IVES and TGLR in my portfolio?

IVES and TGLR have a correlation of 0.67, 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 TGLR?

IVES has higher volatility (8.88%) compared to TGLR (3.67%). In terms of maximum drawdown, IVES dropped -22.64% vs TGLR's -19.82%.

Which ETF is better, IVES or TGLR?

On 1-year performance, IVES leads with 37.89% vs 25.36% for TGLR. On fees, IVES is cheaper at 0.75% per year. On volatility, TGLR has been the lower-risk option at 3.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVES or TGLR?

Over the 1-year period, IVES has performed better with a 37.89% return vs 25.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVES or TGLR?

IVES is cheaper with a 0.75% expense ratio, compared with 0.95% for TGLR.

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

TGLR has the higher dividend yield at 0.93%, compared with 0.35% for IVES.

What is the main difference between IVES and TGLR?

IVES is categorized as Artificial Intelligence, while TGLR is Dividend. Their fees differ too: 0.75% for IVES and 0.95% for TGLR.

Which has better risk-adjusted returns?

TGLR currently has the higher Sharpe Ratio (1.93 vs 1.36), 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.