MYMI vs. IVEP

Last updated Aug 2, 2026

MYMI (State Street My2029 Municipal Bond ETF) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - MYMI is a Municipal Bonds fund actively managed by State Street, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. MYMI is actively managed, while IVEP is passively managed. Their 0.22 correlation means their historical movements had little consistent relationship. MYMI charges 0.20%/yr vs 0.75%/yr for IVEP.

Performance

MYMI vs. IVEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2029 Municipal Bond ETF (MYMI) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MYMI

• 1D: -0.02%
• 1M: -0.57%
• 6M: 0.18%
• YTD: 1.10%
• 1Y: 3.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 1.73%

IVEP

• 1D: 0.51%
• 1M: -3.48%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*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)
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	$577.50K	$624.15K	$882.90K
MYMI State Street My2029 Municipal Bond ETF	$23.06K	$13.64K	$27.29K

MYMI vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
MYMI State Street My2029 Municipal Bond ETF	0.36%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	-1.60%

Correlation

The correlation between MYMI and IVEP is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	0.22

Return for Risk

MYMI vs. IVEP — Risk / Return Rank

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

MYMI

MYMI Risk / Return Rank: 85
MYMI Sharpe Ratio Rank: 91
MYMI Sortino Ratio Rank: 93
MYMI Omega Ratio Rank: 95
MYMI Calmar Ratio Rank: 74
MYMI Martin Ratio Rank: 70

IVEP

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

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.

MYMI vs. IVEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2029 Municipal Bond ETF (MYMI) 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.

	MYMI	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	2.31	—	—
Sortino ratio: Return per unit of downside risk	3.62	—	—
Omega ratio: Gain probability vs. loss probability	1.56	—	—
Calmar ratio: Return relative to maximum drawdown	2.64	—	—
Martin ratio: Return relative to average drawdown	8.61	—	—

Drawdowns

MYMI vs. IVEP - Drawdown Comparison

The maximum MYMI drawdown since its inception was -3.11%, smaller than the maximum IVEP drawdown of -17.54%. Use the drawdown chart below to compare losses from any high point for MYMI and IVEP.

Drawdown Indicators

	MYMI	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-3.11%	-17.54%	+14.43%
Max Drawdown (1Y) Largest decline over 1 year	-1.39%	—	—
Current Drawdown Current decline from peak	-0.61%	-11.86%	+11.25%
Average Drawdown Average peak-to-trough decline	-0.67%	-5.01%	+4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.42%	—	—

Volatility

Volatility by Period

	MYMI	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.59%	31.41%	-29.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.80%	31.41%	-28.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.80%	31.41%	-28.61%

MYMI vs. IVEP - Expense Ratio Comparison

MYMI has a 0.20% expense ratio, which is lower than IVEP's 0.75% expense ratio.

Dividends

MYMI vs. IVEP - Dividend Comparison

MYMI's dividend yield for the trailing twelve months is around 2.87%, 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%
MYMI State Street My2029 Municipal Bond ETF	2.61%	3.00%	0.93%

Frequently Asked Questions

Can I hold both MYMI and IVEP in my portfolio?

MYMI and IVEP have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MYMI or IVEP?

On fees, MYMI is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MYMI or IVEP?

MYMI is cheaper with a 0.20% expense ratio, compared with 0.75% for IVEP.

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

MYMI has the higher dividend yield at 2.61%, compared with 0.00% for IVEP.

What is the main difference between MYMI and IVEP?

MYMI is categorized as Municipal Bonds, while IVEP is Industrials Equities. They also come from different issuers: State Street and Wedbush. Their fees differ too: 0.20% for MYMI and 0.75% for IVEP.