Do AIPO and IVEP hold the same stocks?

By their latest filings, 35% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, AIPO or IVEP?

AIPO has 68% of its weight in S&P 500 names and IVEP has 67%, so IVEP differs more from the index.

Which is cheaper, AIPO or IVEP?

AIPO charges 0.69% a year and IVEP charges 0.75%, so AIPO is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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AIPO vs IVEP: Holdings Overlap & Returns

Return, fees and overlap, side by side.

Return gap

+9.5 pts

6 months to Nov 12, 2026: IVEP ahead, total return

Fee gap

0.06 pts

A year: AIPO 0.69%, IVEP 0.75%, per filings dated Dec 22, 2025 and Sep 2, 2026

Overlap

35%

Share of the two books held in common, holdings dated Nov 12, 2026 and Jul 31, 2026

Net flow

–

Needs daily flows for both funds

Pair scorecard

AIPO costs 0.06 points a year less.

Points (pts) are percentage points.

AIPO vs IVEP: Holdings Overlap & Returns
Measure	AIPO	IVEP
Return
Measure	AIPO	IVEP
Total return, 1 year	+1.6%	not published
Drawdown
Measure	AIPO	IVEP
Below its all-time high	30.5%, high on Jun 22, 2026	19.3%, high on May 6, 2026
Against its benchmark
Measure	AIPO	IVEP
What it tracks	AI infrastructure and chips	AI infrastructure and chips
Against the S&P 500, 1 year	behind by 10.5 pts
Its benchmark, total return, 1 year	+12.1%
Against its benchmark, 1 year	behind by 10.5 pts
Cost and size
Measure	AIPO	IVEP
Expense ratio	0.69%	0.75%
Net assets, AIPO as of Nov 11, 2026 and IVEP as of Jul 31, 2026	$789m	$19m
Active share vs the S&P 500	86%	97%
Holdings
Measure	AIPO	IVEP
Holdings in common	35%

ETFIQ S&P 500 Difference Score · IVEP scores higher How much of its weight does it not share with the S&P 500?

IQ Themes Score54.5AIPO79.7IVEP

How different its holdings are from the S&P 500, ranked against 111 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

AIPO 54.5

IVEP 79.7

0.5, the lowest in this set 99.5, the highest

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. All thematic ETFs ranked by it →

Method

Key numbers

67.9%

AIPO in the S&P 500

67.0%

IVEP in the S&P 500

+1.6%

AIPO total return, 1 year

−9.5%

IVEP total return, since launch, Apr 8, 2026

AIPO · 1 year to Nov 12, 2026 32% of its weight is outside the S&P 500

68% of AIPO's weight is in S&P 500 companies and 32% is outside the index. Holdings as of Nov 12, 2026.

IVEP · 6 months to Nov 12, 2026 33% of its weight is outside the S&P 500

67% of IVEP's weight is in S&P 500 companies and 33% is outside the index. Holdings as of Jul 31, 2026.

What they share

35%

By the books each fund has filed, AIPO and IVEP hold 35% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 12, 2026.

50%

0 half 100%

half

35% in common

Positions both hold · largest shared weight first AIPO IVEP

Eaton Corp Plc 8.38% 4.34%

Quanta Services Inc 9.37% 4.14%

Constellation Energy Corp 4.00% 4.12%

Ge Vernova Inc 8.34% 3.89%

Vertiv Holdings Co 6.58% 3.22%

Bloom Energy Corp 4.63% 3.11%

Cameco Corp 3.32% 2.97%

Hubbell Inc 2.13% 2.82%

Vistra Corp 1.86% 3.27%

Nvent Electric Plc 1.73% 2.80%

Bwx Technologies Inc 1.14% 2.39%

Equinix Inc 0.65% 4.02%

Only in one fund ↓

Only in AIPO

Broadcom Inc 4.85%

Alphabet Inc 4.38%

Nvidia Corp 3.61%

Advanced Micro Devices Inc 3.17%

Dominion Energy Inc 2.05%

Xcel Energy Inc 2.04%

Public Service Enterprise Group Inc 1.46%

Generac Holdings Inc 1.29%

Only in IVEP

SCHNEIDER ELECTRIC SE 4.68%

SIEMENS ENERGY AG 4.26%

NEXTERA ENERGY INC 4.22%

SOUTHERN COMPANY (THE) 4.14%

JOHNSON CONTROLS INTERNATIONAL PLC 4.08%

MONOLITHIC POWER SYSTEMS INC 3.88%

WILLIAMS COMPANIES INC (THE) 3.83%

BAKER HUGHES COMPANY 3.75%

Check overlap with more funds →

Window by window

Window by window: AIPO vs IVEP: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	AIPO	IVEP	AIPO	IVEP
3 months	−21.3%	−13.6%	−18.9 pts vs VOO	−11.2 pts vs VOO
6 months	−27.8%	−18.3%	−29.6 pts vs VOO	−20.1 pts vs VOO
1 year	+1.6%	–	−10.5 pts vs VOO	–
Since launchNot the same days: AIPO Jul 2025 · IVEP Apr 2026	+18.7%	−9.5%	−1.9 pts vs VOO	−22.1 pts vs VOO

– means no data for this window. Open this comparison in the app →

Side by side

AIPO Defiance AI & Power Infrastructure ETF · Holds 86 stocks in aI infrastructure and chips, 68% of its weight in S&P 500 companies IVEP Dan IVES Wedbush AI Power & Infrastructure ETF · Holds 30 stocks in aI infrastructure and chips, 67% of its weight in S&P 500 companies

Issuer Defiance Wedbush

Theme AI infrastructure and chips AI infrastructure and chips

In the S&P 500 67.9% 67.0%

Active share vs the S&P 500 86.5% 97.2%

In the Nasdaq-100 24.1% 11.7%

Holdings 86 30

Top ten, share of the fund 57.5% 41.9%

Expense ratio 0.69% 0.75%

Fee for the differing part 0.80% 0.77%

Total return, 1 year +1.6% −9.5% (since launch, Apr 8, 2026)

vs its benchmark −10.5 pts vs VOO −22.1 pts vs VOO (since launch, Apr 8, 2026)

Below its high −30.5% −19.3%

Net assets, AIPO as of Nov 11, 2026 and IVEP as of Jul 31, 2026 $789m $19m

As of Nov 12, 2026. Source: ETFIQ.

35% of the two portfolios are the same securities at the same weight.

Alert

About each fund

AIPO

By weight, 68% of AIPO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 86%. The top ten holdings are 58% of the fund across 86 positions, as published by its issuer for Nov 12, 2026. Over the year to Nov 12, 2026 the fund returned +1.6% with distributions reinvested against +12.1% for its benchmark, the S&P 500 Total Return Index, so a holder was behind by 10.5 pts. It sits 30.5% below its all-time high of Jun 22, 2026.

IVEP

By weight, 67% of IVEP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 42% of the fund across 30 positions, as filed for Jul 31, 2026. Since it first traded on Apr 8, 2026 the fund returned −9.5% with distributions reinvested. It sits 19.3% below its all-time high of May 6, 2026.

Questions people ask

Do AIPO and IVEP hold the same stocks?: By their latest filings, 35% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, AIPO or IVEP?: AIPO has 68% of its weight in S&P 500 names and IVEP has 67%, so IVEP differs more from the index.
Which is cheaper, AIPO or IVEP?: AIPO charges 0.69% a year and IVEP charges 0.75%, so AIPO is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIPO vs COOL AIPO vs CHPX AIPO vs TCAI AIPO vs AIHY IVEP vs TCAI IVEP vs AIHY IVEP vs LUMA IVEP vs CHPX

Where to next

AIPO on its own →IVEP on its own →AIPO dividend history →AIPO holdings →IVEP holdings →Method →Standards and sources →

Sources and dates

AIPO filings on SEC EDGAR ↗

AIPO prospectus with the expense ratio (SEC) ↗

Defiance page for AIPO ↗

IVEP filings on SEC EDGAR ↗

IVEP prospectus with the expense ratio (SEC) ↗

Wedbush website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, AIPO against IVEP, data as of Nov 12, 2026. https://etfiq.com/compare/themes/aipo-vs-ivep

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

AIPO and IVEP hold 35% of their weight in the same names.

AIPO on its own →IVEP on its own →

Growth of 100

AIPO and IVEP

Total return, distributions reinvested, 6 months.

AIPO −27.8%IVEP −18.3%

May 14, 2026Nov 12, 2026

AIPO −27.8%, IVEP −18.3%: IVEP +9.5 pts ahead, 6 months, May 14, 2026 to Nov 12, 2026.