TGLR vs. IVES

Last updated Aug 4, 2026

TGLR (Wedbush LAFFER|TENGLER New Era Value ETF) and IVES (Dan IVES Wedbush AI Revolution ETF) are both exchange-traded funds - TGLR is a Dividend fund actively managed by Wedbush, while IVES is a Artificial Intelligence fund tracking the Solactive Wedbush Artificial Intelligence Index. TGLR is actively managed, while IVES is passively managed. Over the past year, TGLR returned 25.36% vs 37.89% for IVES. Their 0.66 correlation means they have sometimes moved together and sometimes differently. TGLR charges 0.95%/yr vs 0.75%/yr for IVES.

Performance

TGLR vs. IVES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wedbush LAFFER|TENGLER New Era Value ETF (TGLR) and Dan IVES Wedbush AI Revolution ETF (IVES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TGLR achieves a 13.03% return, which is significantly lower than IVES's 18.13% return.

TGLR

• 1D: 1.01%
• 1M: 1.21%
• 6M: 7.68%
• YTD: 13.03%
• 1Y: 25.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.26%

IVES

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

*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
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	$127.00K	$118.29K	$218.46K

TGLR vs. IVES - Yearly Performance Comparison

	2026 (YTD)	2025
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	13.03%	18.51%
IVES Dan IVES Wedbush AI Revolution ETF	18.13%	25.11%

Correlation

The correlation between TGLR and IVES is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.66

The correlation between TGLR and IVES has been stable across timeframes, ranging from 0.66 to 0.67 - a consistent structural relationship.

TGLR vs. IVES - Sectors Allocation Comparison

Sectors	TGLR	IVES
Technology	24.6%	71.4%
Financial Services	15.2%	1.4%
Industrials	15.0%	4.4%
Consumer Cyclical	13.1%	9.4%
Healthcare	8.8%	-
Energy	7.6%	-
Consumer Defensive	4.7%	-
Communication Services	3.7%	11.9%
Basic Materials	3.0%	-
Utilities	2.1%	1.4%
Real Estate	2.1%	-

Return for Risk

TGLR vs. IVES — Risk / Return Rank

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

TGLR

TGLR Risk / Return Rank: 80
TGLR Sharpe Ratio Rank: 80
TGLR Sortino Ratio Rank: 81
TGLR Omega Ratio Rank: 78
TGLR Calmar Ratio Rank: 78
TGLR Martin Ratio Rank: 83

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

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.

TGLR vs. IVES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wedbush LAFFER|TENGLER New Era Value ETF (TGLR) and Dan IVES Wedbush AI Revolution ETF (IVES). 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.

	TGLR	IVES	Difference
Sharpe ratio: Return per unit of total volatility	1.93	1.36	+0.57
Sortino ratio: Return per unit of downside risk	2.76	1.90	+0.86
Omega ratio: Gain probability vs. loss probability	1.34	1.23	+0.11
Calmar ratio: Return relative to maximum drawdown	2.96	1.68	+1.27
Martin ratio: Return relative to average drawdown	11.79	4.11	+7.68

TGLR vs. IVES - Sharpe Ratio Comparison

The current TGLR Sharpe Ratio is 1.93, which is higher than the IVES Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of TGLR and IVES, 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

TGLR vs. IVES - Drawdown Comparison

The maximum TGLR drawdown since its inception was -19.82%, smaller than the maximum IVES drawdown of -22.64%. Use the drawdown chart below to compare losses from any high point for TGLR and IVES.

Drawdown Indicators

	TGLR	IVES	Difference
Max Drawdown Largest peak-to-trough decline	-19.82%	-22.64%	+2.82%
Max Drawdown (1Y) Largest decline over 1 year	-8.62%	-22.64%	+14.02%
Current Drawdown Current decline from peak	-0.72%	-10.52%	+9.80%
Average Drawdown Average peak-to-trough decline	-2.33%	-6.43%	+4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	9.23%	-7.07%

Volatility

TGLR vs. IVES - Volatility Comparison

The current volatility for Wedbush LAFFER|TENGLER New Era Value ETF (TGLR) is 3.67%, while Dan IVES Wedbush AI Revolution ETF (IVES) has a volatility of 8.88%. This indicates that TGLR experiences smaller price fluctuations and is considered to be less risky than IVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TGLR	IVES	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.67%	8.88%	-5.21%
Volatility (6M) Calculated over the trailing 6-month period	10.27%	22.41%	-12.14%
Volatility (1Y) Calculated over the trailing 1-year period	13.24%	28.14%	-14.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.17%	26.95%	-11.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.17%	26.95%	-11.78%

TGLR vs. IVES - Expense Ratio Comparison

TGLR has a 0.95% expense ratio, which is higher than IVES's 0.75% expense ratio.

Dividends

TGLR vs. IVES - Dividend Comparison

TGLR's dividend yield for the trailing twelve months is around 0.93%, more than IVES's 0.35% yield.

Position	TTM	2025	2024	2023
IVES Dan IVES Wedbush AI Revolution ETF	0.35%	0.41%	0.00%	0.00%
TGLR Wedbush LAFFER|TENGLER New Era Value ETF	0.93%	1.16%	1.02%	0.65%

Frequently Asked Questions

Can I hold both TGLR and IVES in my portfolio?

TGLR and IVES have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TGLR or IVES?

IVES has higher volatility (8.88%) compared to TGLR (3.67%). In terms of maximum drawdown, TGLR dropped -19.82% vs IVES's -22.64%.

Which ETF is better, TGLR or IVES?

On 1-year performance, IVES leads with 37.89% vs 25.36% for TGLR. On fees, IVES is cheaper at 0.75% per year. On volatility, TGLR has been the lower-risk option at 3.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TGLR or IVES?

Over the 1-year period, IVES has performed better with a 37.89% return vs 25.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TGLR or IVES?

IVES is cheaper with a 0.75% expense ratio, compared with 0.95% for TGLR.

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

TGLR has the higher dividend yield at 0.93%, compared with 0.35% for IVES.

What is the main difference between TGLR and IVES?

TGLR is categorized as Dividend, while IVES is Artificial Intelligence. Their fees differ too: 0.95% for TGLR and 0.75% for IVES.

Which has better risk-adjusted returns?

TGLR currently has the higher Sharpe Ratio (1.93 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.