IVRA vs. ETHO

Last updated Jun 25, 2026

IVRA (Invesco Real Assets ESG ETF) and ETHO (Amplify Etho Climate Leadership U.S. ETF) are both exchange-traded funds - IVRA is a ESG fund actively managed by Invesco, while ETHO is a Mid Cap Blend Equities fund tracking the Etho Climate Leadership Index. IVRA is actively managed, while ETHO is passively managed. Over the past year, IVRA returned 14.88% vs 35.12% for ETHO. At a 0.50 correlation, their price movements are largely independent. IVRA charges 0.59%/yr vs 0.45%/yr for ETHO.

Performance

IVRA vs. ETHO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Real Assets ESG ETF (IVRA) and Amplify Etho Climate Leadership U.S. ETF (ETHO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IVRA achieves a 11.70% return, which is significantly lower than ETHO's 19.20% return.

IVRA

• 1D: 0.00%
• 1M: 0.00%
• YTD: 11.70%
• 6M: 11.36%
• 1Y: 14.88%
• 3Y*: 15.44%
• 5Y*: 7.62%
• 10Y*: —

ETHO

• 1D: 1.20%
• 1M: 3.77%
• YTD: 19.20%
• 6M: 16.55%
• 1Y: 35.12%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IVRA vs. ETHO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IVRA Invesco Real Assets ESG ETF	11.70%	10.20%	18.17%
ETHO Amplify Etho Climate Leadership U.S. ETF	19.20%	10.23%	11.21%

Correlation

The correlation between IVRA and ETHO is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jan 29, 2024	0.50

The correlation between IVRA and ETHO shifts across timeframes, from 0.31 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.

IVRA vs. ETHO - Sectors Allocation Comparison

Sectors	IVRA	ETHO
Real Estate	46.8%	6.3%
Energy	23.5%	0.3%
Basic Materials	14.3%	2.9%
Utilities	10.3%	2.5%
Consumer Cyclical	2.6%	10.2%
Consumer Defensive	1.7%	4.4%
Financial Services	0.7%	12.2%
Communication Services	-	4.3%
Healthcare	-	12.3%
Industrials	-	15.9%
Technology	-	28.7%

Return for Risk

IVRA vs. ETHO — Risk / Return Rank

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

IVRA

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

ETHO

ETHO Risk / Return Rank: 73
ETHO Sharpe Ratio Rank: 70
ETHO Sortino Ratio Rank: 70
ETHO Omega Ratio Rank: 62
ETHO Calmar Ratio Rank: 81
ETHO Martin Ratio Rank: 83

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.

IVRA vs. ETHO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Real Assets ESG ETF (IVRA) and Amplify Etho Climate Leadership U.S. ETF (ETHO). 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.

	IVRA	ETHO	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.98	-0.20
Sortino ratio: Return per unit of downside risk	2.57	2.78	-0.22
Omega ratio: Gain probability vs. loss probability	1.37	1.33	+0.04
Calmar ratio: Return relative to maximum drawdown	3.57	3.82	-0.25
Martin ratio: Return relative to average drawdown	12.38	14.77	-2.39

IVRA vs. ETHO - Sharpe Ratio Comparison

The current IVRA Sharpe Ratio is 1.77, which is comparable to the ETHO Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of IVRA and ETHO, 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

IVRA vs. ETHO - Drawdown Comparison

The maximum IVRA drawdown since its inception was -25.99%, roughly equal to the maximum ETHO drawdown of -25.50%. Use the drawdown chart below to compare losses from any high point for IVRA and ETHO.

Drawdown Indicators

	IVRA	ETHO	Difference
Max Drawdown Largest peak-to-trough decline	-25.99%	-25.50%	-0.49%
Max Drawdown (1Y) Largest decline over 1 year	-4.60%	-9.25%	+4.65%
Max Drawdown (3Y) Largest decline over 3 years	-15.03%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.99%	—	—
Current Drawdown Current decline from peak	-0.92%	-0.13%	-0.79%
Average Drawdown Average peak-to-trough decline	-7.25%	-4.42%	-2.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.32%	2.38%	-1.06%

Volatility

IVRA vs. ETHO - Volatility Comparison

The current volatility for Invesco Real Assets ESG ETF (IVRA) is 0.00%, while Amplify Etho Climate Leadership U.S. ETF (ETHO) has a volatility of 5.12%. This indicates that IVRA experiences smaller price fluctuations and is considered to be less risky than ETHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IVRA	ETHO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	5.12%	-5.12%
Volatility (6M) Calculated over the trailing 6-month period	5.37%	13.19%	-7.82%
Volatility (1Y) Calculated over the trailing 1-year period	9.26%	17.89%	-8.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.58%	19.47%	-2.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.37%	19.47%	-3.10%

IVRA vs. ETHO - Expense Ratio Comparison

IVRA has a 0.59% expense ratio, which is higher than ETHO's 0.45% expense ratio.

Dividends

IVRA vs. ETHO - Dividend Comparison

IVRA has not paid dividends to shareholders, while ETHO's dividend yield for the trailing twelve months is around 0.72%.

Position	TTM	2025	2024	2023	2022	2021
ETHO Amplify Etho Climate Leadership U.S. ETF	0.72%	0.86%	0.69%	0.00%	0.00%	0.00%
IVRA Invesco Real Assets ESG ETF	16.80%	5.68%	3.71%	2.47%	2.30%	3.01%

Frequently Asked Questions

Can I hold both IVRA and ETHO in my portfolio?

IVRA and ETHO have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IVRA or ETHO?

ETHO has higher volatility (5.12%) compared to IVRA (0.00%). In terms of maximum drawdown, IVRA dropped -25.99% vs ETHO's -25.50%.

Which ETF is better, IVRA or ETHO?

On 1-year performance, ETHO leads with 35.12% vs 14.88% for IVRA. On fees, ETHO is cheaper at 0.45% per year. On volatility, IVRA has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IVRA or ETHO?

Over the 1-year period, ETHO has performed better with a 35.12% return vs 14.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IVRA or ETHO?

ETHO is cheaper with a 0.45% expense ratio, compared with 0.59% for IVRA.

Which ETF pays a higher dividend yield, IVRA or ETHO?

IVRA has the higher dividend yield at 16.80%, compared with 0.72% for ETHO.

What is the main difference between IVRA and ETHO?

IVRA is categorized as ESG, while ETHO is Mid Cap Blend Equities. They also come from different issuers: Invesco and Amplify. Their fees differ too: 0.59% for IVRA and 0.45% for ETHO.

Which has better risk-adjusted returns?

ETHO currently has the higher Sharpe Ratio (1.98 vs 1.77), 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.