IVES vs. VOO

Last updated Jun 4, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - IVES is a Technology Equities fund tracking the Solactive Wedbush Artificial Intelligence Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. IVES charges 0.75%/yr vs 0.03%/yr for VOO.

Performance

IVES vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dan IVES Wedbush AI Revolution ETF (IVES) and Vanguard S&P 500 ETF (VOO). 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 higher than VOO's 10.91% return.

IVES

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

VOO

• 1D: -0.70%
• 1M: 5.04%
• YTD: 10.91%
• 6M: 10.93%
• 1Y: 28.04%
• 3Y*: 22.44%
• 5Y*: 13.90%
• 10Y*: 15.56%

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

IVES vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	27.14%	25.06%
VOO Vanguard S&P 500 ETF	10.91%	15.52%

Correlation

The correlation between IVES and VOO is 0.79, 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	0.79

IVES vs. VOO - Sectors Allocation Comparison

Sectors	IVES	VOO
Technology	67.8%	35.7%
Consumer Cyclical	12.9%	10.2%
Communication Services	11.8%	11.3%
Industrials	4.3%	8.3%
Financial Services	1.7%	11.6%
Utilities	1.7%	2.4%
Basic Materials	-	1.8%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Healthcare	-	8.5%
Real Estate	-	1.9%

Return for Risk

IVES vs. VOO — Risk / Return Rank

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

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 70
VOO Omega Ratio Rank: 70
VOO Calmar Ratio Rank: 62
VOO Martin Ratio Rank: 75

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. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dan IVES Wedbush AI Revolution ETF (IVES) and Vanguard S&P 500 ETF (VOO). 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	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.39	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.32	0.89	+1.43

Drawdowns

IVES vs. VOO - Drawdown Comparison

The maximum IVES drawdown since its inception was -22.64%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IVES and VOO.

Drawdown Indicators

	IVES	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-22.64%	-33.99%	+11.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-3.69%	-0.70%	-2.99%
Average Drawdown Average peak-to-trough decline	-5.63%	-3.69%	-1.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.91%	—

Volatility

Volatility by Period

	IVES	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.77%	11.80%	+13.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.77%	16.81%	+8.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.77%	18.01%	+7.76%

IVES vs. VOO - Expense Ratio Comparison

IVES has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

IVES vs. VOO - Dividend Comparison

IVES's dividend yield for the trailing twelve months is around 0.33%, less than VOO's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVES Dan IVES Wedbush AI Revolution ETF	0.33%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.03%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both IVES and VOO in my portfolio?

IVES and VOO have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IVES or VOO?

On fees, VOO is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IVES or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.75% for IVES.

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

VOO has the higher dividend yield at 1.03%, compared with 0.33% for IVES.

What is the main difference between IVES and VOO?

IVES is categorized as Technology Equities, while VOO is S&P 500. IVES tracks Solactive Wedbush Artificial Intelligence Index, while VOO tracks S&P 500 Index. They also come from different issuers: Wedbush and Vanguard. Their fees differ too: 0.75% for IVES and 0.03% for VOO.