UCIB vs. IVEP

Last updated Jun 24, 2026

UCIB (ETRACS CMCI Total Return ETN Series B) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - UCIB is a Commodities fund tracking the UBS Bloomberg CMCI Index, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. Both are passively managed. At a correlation of -0.19, they often move in opposite directions. UCIB charges 0.55%/yr vs 0.75%/yr for IVEP.

Performance

UCIB vs. IVEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS CMCI Total Return ETN Series B (UCIB) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UCIB

• 1D: -0.15%
• 1M: -5.98%
• YTD: 17.40%
• 6M: 17.51%
• 1Y: 22.65%
• 3Y*: 11.68%
• 5Y*: 11.67%
• 10Y*: 9.99%

IVEP

• 1D: -4.10%
• 1M: -1.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UCIB vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
UCIB ETRACS CMCI Total Return ETN Series B	-0.17%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	7.06%

Correlation

The correlation between UCIB and IVEP is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 8, 2026	-0.19

Return for Risk

UCIB vs. IVEP — Risk / Return Rank

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

UCIB

UCIB Risk / Return Rank: 27
UCIB Sharpe Ratio Rank: 21
UCIB Sortino Ratio Rank: 21
UCIB Omega Ratio Rank: 35
UCIB Calmar Ratio Rank: 27
UCIB Martin Ratio Rank: 30

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.

UCIB vs. IVEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS CMCI Total Return ETN Series B (UCIB) 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.

	UCIB	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	0.70	—	—
Sortino ratio: Return per unit of downside risk	1.13	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.28	—	—
Martin ratio: Return relative to average drawdown	3.95	—	—

Drawdowns

UCIB vs. IVEP - Drawdown Comparison

The maximum UCIB drawdown since its inception was -51.29%, which is greater than IVEP's maximum drawdown of -10.90%. Use the drawdown chart below to compare losses from any high point for UCIB and IVEP.

Drawdown Indicators

	UCIB	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-51.29%	-10.90%	-40.39%
Max Drawdown (1Y) Largest decline over 1 year	-17.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.95%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.94%	—	—
Current Drawdown Current decline from peak	-17.82%	-4.10%	-13.72%
Average Drawdown Average peak-to-trough decline	-21.03%	-2.78%	-18.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.76%	—	—

Volatility

Volatility by Period

	UCIB	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.71%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.37%	29.34%	+3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.86%	29.34%	-2.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.33%	29.34%	-6.01%

UCIB vs. IVEP - Expense Ratio Comparison

UCIB has a 0.55% expense ratio, which is lower than IVEP's 0.75% expense ratio.

Dividends

UCIB vs. IVEP - Dividend Comparison

Neither UCIB nor IVEP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UCIB and IVEP in my portfolio?

UCIB and IVEP have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UCIB or IVEP?

On fees, UCIB is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UCIB or IVEP?

UCIB is cheaper with a 0.55% expense ratio, compared with 0.75% for IVEP.

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

UCIB and IVEP have nearly identical dividend yields, around 0.00%.

What is the main difference between UCIB and IVEP?

UCIB is categorized as Commodities, while IVEP is Industrials Equities. UCIB tracks UBS Bloomberg CMCI Index, while IVEP tracks Solactive Wedbush AI Power & Infrastructure Index. They also come from different issuers: UBS and Wedbush. Their fees differ too: 0.55% for UCIB and 0.75% for IVEP.