WTMY vs. IVEP

Last updated Jun 24, 2026

WTMY (WisdomTree High Income Laddered Municipal ETF) and IVEP (Dan IVES Wedbush AI Power & Infrastructure ETF) are both exchange-traded funds - WTMY is a High Yield Muni fund actively managed by WisdomTree, while IVEP is a Industrials Equities fund tracking the Solactive Wedbush AI Power & Infrastructure Index. WTMY is actively managed, while IVEP is passively managed. At a correlation of -0.13, they often move in opposite directions. WTMY charges 0.35%/yr vs 0.75%/yr for IVEP.

Performance

WTMY vs. IVEP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree High Income Laddered Municipal ETF (WTMY) and Dan IVES Wedbush AI Power & Infrastructure ETF (IVEP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WTMY

• 1D: 0.04%
• 1M: 1.49%
• YTD: 1.35%
• 6M: 1.58%
• 1Y: 5.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IVEP

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

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

WTMY vs. IVEP - Yearly Performance Comparison

	2026 (YTD)
WTMY WisdomTree High Income Laddered Municipal ETF	1.07%
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	7.06%

Correlation

The correlation between WTMY and IVEP is -0.13, 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	-0.13

Return for Risk

WTMY vs. IVEP — Risk / Return Rank

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

WTMY

WTMY Risk / Return Rank: 68
WTMY Sharpe Ratio Rank: 78
WTMY Sortino Ratio Rank: 84
WTMY Omega Ratio Rank: 90
WTMY Calmar Ratio Rank: 45
WTMY Martin Ratio Rank: 41

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.

WTMY vs. IVEP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree High Income Laddered Municipal ETF (WTMY) 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.

	WTMY	IVEP	Difference
Sharpe ratio: Return per unit of total volatility	2.24	—	—
Sortino ratio: Return per unit of downside risk	3.33	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	2.06	—	—
Martin ratio: Return relative to average drawdown	6.00	—	—

Drawdowns

WTMY vs. IVEP - Drawdown Comparison

The maximum WTMY drawdown since its inception was -3.67%, smaller than the maximum IVEP drawdown of -10.90%. Use the drawdown chart below to compare losses from any high point for WTMY and IVEP.

Drawdown Indicators

	WTMY	IVEP	Difference
Max Drawdown Largest peak-to-trough decline	-3.67%	-10.90%	+7.23%
Max Drawdown (1Y) Largest decline over 1 year	-2.71%	—	—
Current Drawdown Current decline from peak	-0.75%	-4.10%	+3.35%
Average Drawdown Average peak-to-trough decline	-0.81%	-2.78%	+1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	—	—

Volatility

Volatility by Period

	WTMY	IVEP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.50%	29.34%	-26.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.51%	29.34%	-25.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.51%	29.34%	-25.83%

WTMY vs. IVEP - Expense Ratio Comparison

WTMY has a 0.35% expense ratio, which is lower than IVEP's 0.75% expense ratio.

Dividends

WTMY vs. IVEP - Dividend Comparison

WTMY's dividend yield for the trailing twelve months is around 3.42%, while IVEP has not paid dividends to shareholders.

Position	TTM	2025
IVEP Dan IVES Wedbush AI Power & Infrastructure ETF	0.00%	0.00%
WTMY WisdomTree High Income Laddered Municipal ETF	3.42%	2.56%

Frequently Asked Questions

Can I hold both WTMY and IVEP in my portfolio?

WTMY and IVEP have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTMY or IVEP?

On fees, WTMY is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTMY or IVEP?

WTMY is cheaper with a 0.35% expense ratio, compared with 0.75% for IVEP.

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

WTMY has the higher dividend yield at 3.42%, compared with 0.00% for IVEP.

What is the main difference between WTMY and IVEP?

WTMY is categorized as High Yield Muni, while IVEP is Industrials Equities. They also come from different issuers: WisdomTree and Wedbush. Their fees differ too: 0.35% for WTMY and 0.75% for IVEP.