IVES vs. VOO

Last updated Aug 4, 2026

IVES (Dan IVES Wedbush AI Revolution ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - IVES is a Artificial Intelligence 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. Over the past year, IVES returned 37.89% vs 23.30% for VOO. Their correlation of 0.81 means they have usually moved in the same direction. 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 18.13% return, which is significantly higher than VOO's 11.72% return.

IVES

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

VOO

• 1D: 1.42%
• 1M: 1.69%
• 6M: 9.53%
• YTD: 11.72%
• 1Y: 23.30%
• 3Y*: 20.85%
• 5Y*: 13.12%
• 10Y*: 15.17%
• ALL TIME*: 14.88%

*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
VOO Vanguard S&P 500 ETF	$3.97B	$3.80B	$5.49B

IVES vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025
IVES Dan IVES Wedbush AI Revolution ETF	18.13%	25.11%
VOO Vanguard S&P 500 ETF	11.72%	15.45%

Correlation

The correlation between IVES and VOO is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.81

The correlation between IVES and VOO has been stable across timeframes, ranging from 0.81 to 0.81 - a consistent structural relationship.

IVES vs. VOO - Sectors Allocation Comparison

Sectors	IVES	VOO
Technology	71.4%	38.6%
Communication Services	11.9%	9.9%
Consumer Cyclical	9.4%	9.5%
Industrials	4.4%	8.5%
Financial Services	1.4%	11.4%
Utilities	1.4%	2.2%
Basic Materials	-	1.7%
Consumer Defensive	-	4.5%
Energy	-	3.0%
Healthcare	-	8.9%
Real Estate	-	1.8%

Return for Risk

IVES vs. VOO — 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

VOO

VOO Risk / Return Rank: 78
VOO Sharpe Ratio Rank: 79
VOO Sortino Ratio Rank: 77
VOO Omega Ratio Rank: 78
VOO Calmar Ratio Rank: 74
VOO 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. 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.

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	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.36	1.83	-0.48
Sortino ratio: Return per unit of downside risk	1.90	2.53	-0.63
Omega ratio: Gain probability vs. loss probability	1.23	1.33	-0.10
Calmar ratio: Return relative to maximum drawdown	1.68	2.63	-0.95
Martin ratio: Return relative to average drawdown	4.11	11.23	-7.12

IVES vs. VOO - Sharpe Ratio Comparison

The current IVES Sharpe Ratio is 1.36, which is comparable to the VOO Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of IVES and VOO, 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. 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	-22.64%	-8.90%	-13.74%
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	-10.52%	0.00%	-10.52%
Average Drawdown Average peak-to-trough decline	-6.43%	-3.67%	-2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.23%	2.08%	+7.15%

Volatility

IVES vs. VOO - Volatility Comparison

Dan IVES Wedbush AI Revolution ETF (IVES) has a higher volatility of 8.88% compared to Vanguard S&P 500 ETF (VOO) at 3.81%. This indicates that IVES's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVES	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.88%	3.81%	+5.07%
Volatility (6M) Calculated over the trailing 6-month period	22.41%	10.18%	+12.23%
Volatility (1Y) Calculated over the trailing 1-year period	28.14%	12.80%	+15.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.95%	16.95%	+10.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.95%	18.02%	+8.93%

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 0.35%, less than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IVES Dan IVES Wedbush AI Revolution ETF	0.35%	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	1.05%	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 0.81, 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 VOO?

IVES has higher volatility (8.88%) compared to VOO (3.81%). In terms of maximum drawdown, IVES dropped -22.64% vs VOO's -33.99%.

Which ETF is better, IVES or VOO?

On 1-year performance, IVES leads with 37.89% vs 23.30% for VOO. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 3.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVES or VOO?

Over the 1-year period, IVES has performed better with a 37.89% return vs 23.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

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 1.05%, compared with 0.35% for IVES.

What is the main difference between IVES and VOO?

IVES is categorized as Artificial Intelligence, 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.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.83 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.