LYLD vs. IVEP

Last updated Jul 14, 2026

LYLD (Cambria Large Cap Shareholder Yield ETF) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - LYLD is a Large Cap Value Equities fund actively managed by Cambria, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. LYLD is actively managed, while IVEP is passively managed. At a 0.05 correlation, their price movements are largely independent. LYLD charges 0.59%/yr vs 0.75%/yr for IVEP.

Performance

LYLD vs. IVEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Large Cap Shareholder Yield ETF (LYLD) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LYLD

• 1D: 1.01%
• 1M: 1.17%
• 6M: 9.16%
• YTD: 12.37%
• 1Y: 18.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVEP

• 1D: -1.60%
• 1M: -3.22%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LYLD vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
LYLD Cambria Large Cap Shareholder Yield ETF	5.97%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.84%

Correlation

The correlation between LYLD and IVEP is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.05

Return for Risk

LYLD vs. IVEP — Risk / Return Rank

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

LYLD

LYLD Risk / Return Rank: 61
LYLD Sharpe Ratio Rank: 62
LYLD Sortino Ratio Rank: 66
LYLD Omega Ratio Rank: 58
LYLD Calmar Ratio Rank: 62
LYLD Martin Ratio Rank: 58

IVEP

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

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.

LYLD vs. IVEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Large Cap Shareholder Yield ETF (LYLD) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). 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.

	LYLD	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	1.64	—	—
Sortino ratio: Return per unit of downside risk	2.41	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.46	—	—
Martin ratio: Return relative to average drawdown	8.06	—	—

Drawdowns

LYLD vs. IVEP - Drawdown Comparison

The maximum LYLD drawdown since its inception was -18.64%, which is greater than IVEP's maximum drawdown of -10.90%. Use the drawdown chart below to compare losses from any high point for LYLD and IVEP.

Drawdown Indicators

	LYLD	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-18.64%	-10.90%	-7.74%
Max Drawdown (1Y) Largest decline over 1 year	-7.70%	—	—
Current Drawdown Current decline from peak	0.00%	-9.68%	+9.68%
Average Drawdown Average peak-to-trough decline	-3.54%	-3.63%	+0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.35%	—	—

Volatility

Volatility by Period

	LYLD	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.56%	29.07%	-17.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.41%	29.07%	-13.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.41%	29.07%	-13.66%

LYLD vs. IVEP - Expense Ratio Comparison

LYLD has a 0.59% expense ratio, which is lower than IVEP's 0.75% expense ratio.

Dividends

LYLD vs. IVEP - Dividend Comparison

LYLD's dividend yield for the trailing twelve months is around 2.08%, while IVEP has not paid dividends to shareholders.

Position	TTM	2025	2024
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%	0.00%
LYLD Cambria Large Cap Shareholder Yield ETF	2.08%	2.79%	0.72%

Frequently Asked Questions

Can I hold both LYLD and IVEP in my portfolio?

LYLD and IVEP have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LYLD or IVEP?

On fees, LYLD is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LYLD or IVEP?

LYLD is cheaper with a 0.59% expense ratio, compared with 0.75% for IVEP.

Which ETF pays a higher dividend yield, LYLD or IVEP?

LYLD has the higher dividend yield at 2.08%, compared with 0.00% for IVEP.

What is the main difference between LYLD and IVEP?

LYLD is categorized as Large Cap Value Equities, while IVEP is Industrials Equities. They also come from different issuers: Cambria and Wedbush. Their fees differ too: 0.59% for LYLD and 0.75% for IVEP.