Do AIS and IVES hold the same stocks?

By their latest filings, 22% 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, AIS or IVES?

AIS has 40% of its weight in S&P 500 names and IVES has 76%, so AIS differs more from the index.

Which is cheaper, AIS or IVES?

AIS and IVES both charge 0.75% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

AIS vs IVES: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, AIS returned +44.0% to IVES's +9.2%; 22% of their weight is in the same names.

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Net assets: $940m on Nov 4, 2026 for VistaShares Artificial Intelligence Supercycle ETF, and $986m on Jul 31, 2026 for Dan IVES Wedbush AI Revolution ETF.

AIS on its own →IVES on its own →

At a glance

40.5%

AIS in the S&P 500

76.0%

IVES in the S&P 500

+44.0%

AIS total return, 1 year

+9.2%

IVES total return, 1 year

AIS · 1 year to Nov 4, 2026 60% of its weight is outside the S&P 500

41% of AIS's weight is in S&P 500 companies and 60% is outside the index. Holdings as of Nov 4, 2026.

IVES · 1 year to Nov 4, 2026 24% of its weight is outside the S&P 500

76% of IVES's weight is in S&P 500 companies and 24% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

Both cost 0.75% a year; their one-year returns differ by 34.8 points.

Points (pts) are percentage points.

AIS vs IVES: Holdings Overlap & Returns
Measure	AIS	IVES
Return
Measure	AIS	IVES
Total return, 1 year	+44.0%	+9.2%
Drawdown
Measure	AIS	IVES
Below its all-time high	37.0%, high on Jun 22, 2026	14.3%, high on Oct 6, 2026
Against its benchmark
Measure	AIS	IVES
What it tracks	Artificial intelligence	Artificial intelligence
Against the S&P 500, 1 year	ahead by 29.2 pts	behind by 5.6 pts
Its benchmark, total return, 1 year	+14.8%	+14.8%
Against its benchmark, 1 year	ahead by 29.2 pts	behind by 5.6 pts
Cost and size
Measure	AIS	IVES
Expense ratio	0.75%	0.75%
Net assets, AIS as of Nov 4, 2026 and IVES as of Jul 31, 2026	$940m	$986m
Holdings
Measure	AIS	IVES
Holdings in common	22%

Method

Risk and return

Jun 13, 2025 to Oct 30, 2026 · 72 weekly returns · each against VOO

AIS IVES

Return

Total return edge AIS +129.6% +45.0%

Annualized edge AIS +82.2% +30.7%

Price return edge AIS +129.6% +44.4%

Risk

Volatility edge IVES 38.8% 26.5%

Max drawdown edge IVES −30.4% −20.3%

Downside capture 151.2% 158.1%

Beta 2.18 1.84

Risk-adjusted

Sharpe edge AIS 1.65 1.00

Sortino edge AIS 2.52 1.55

Treynor 0.293 0.144

Calmar edge AIS 2.71 1.52

Against the benchmark

Alpha +31.0% a year −1.3% a year

Alpha t-stat 1.22 −0.10

Information ratio 1.51 0.62

Tracking error 32.3% 18.4%

Reading

From Jun 2025 to Oct 2026, AIS returned more: +129.6% to +45.0%. IVES swung less: 26.5% to 38.8%. IVES fell less at its worst: −20.3% to −30.4%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: AIS vs IVES: Holdings Overlap & Returns
Measure	AIS	IVES	VOO	Edge	How it is measured
Return
Total return	+129.6%	+45.0%		AIS	Price change plus distributions, reinvested.
Annualized	+82.2%	+30.7%		AIS	Total return as a yearly rate.
Price return	+129.6%	+44.4%		AIS	Price change alone, distributions left out.
Risk
Volatility	38.8%	26.5%		IVES	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	25.4%	17.0%		IVES	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−30.4%	−20.3%		IVES	Deepest fall from a high to the low after it.
Upside capture	Not measured	253.6%	100.0%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	151.2%	158.1%	100.0%	AIS (slight)	Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	2.18	1.84	1.00	IVES lower	How far it moves for each 1% its benchmark moves.
R squared	0.43	0.65	1.00	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	1.65	1.00		AIS	Return above Treasury bills per unit of volatility.
Sortino	2.52	1.55		AIS	Return above Treasury bills per unit of downside deviation.
Treynor	0.293	0.144	0.151	AIS	Return above Treasury bills per unit of beta.
Calmar	2.71	1.52		AIS	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	VOO	VOO	VOO		The ETF each fund is measured against.
Alpha	+31.0% a year	−1.3% a year	0.0%	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	1.22	−0.10		Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−19.8% to +81.8%	−28.4% to +25.7%		Both include zero	The 95% range for the yearly alpha.
Information ratio	1.51	0.62		AIS	Return against its benchmark per unit of tracking error.
Tracking error	32.3%	18.4%	0.0%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 72 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

22%

By the books each fund has filed, AIS and IVES hold 22% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

22% in common

Positions both hold · largest shared weight first AIS IVES

Taiwan Semiconductor Manufacturing Co Ltd 4.24% 4.68%

Advanced Micro Devices Inc 6.19% 4.10%

Micron Technology Inc 7.23% 3.98%

SK hynix Inc 8.20% 3.42%

GE Vernova Inc 2.95% 3.43%

NVIDIA Corp 2.35% 4.75%

Broadcom Inc 0.81% 4.83%

Only in one fund ↓

Only in AIS

Semtech Corp 3.60%

Vertiv Holdings Co 3.41%

MARVELL TECHNOLOGY INC 3.37%

Foxconn Industrial Internet Co Ltd 2.48%

Silicon Motion Technology Corp 2.46%

Samsung Electronics Co Ltd 2.36%

Intel Corp 2.31%

Arista Networks Inc 2.24%

Only in IVES

MICROSOFT CORP 5.92%

AMAZON.COM INC 5.35%

APPLE INC 4.91%

ALPHABET INC 4.81%

META PLATFORMS INC 4.04%

TESLA INC 3.73%

ORACLE CORP 3.51%

INTERNATIONAL BUSINESS MACHINES CORP 3.50%

Check overlap with more funds →

Window by window

Window by window: AIS vs IVES: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	AIS	IVES	AIS	IVES
3 months	−18.7%	−5.6%	−18.6 pts vs VOO	−5.5 pts vs VOO
6 months	−15.7%	+2.7%	−20.7 pts vs VOO	−2.3 pts vs VOO
1 year	+44.0%	+9.2%	+29.2 pts vs VOO	−5.6 pts vs VOO
Since launchNot the same days: AIS Dec 2024 · IVES Jun 2025	+122.2%	+43.7%	+92.2 pts vs VOO	+12.7 pts vs VOO

Open this comparison in the app →

Side by side

AIS VistaShares Artificial Intelligence Supercycle ETF · Holds 57 stocks in artificial intelligence, 40% of its weight in S&P 500 companies IVES Dan IVES Wedbush AI Revolution ETF · Holds 30 stocks in artificial intelligence, 76% of its weight in S&P 500 companies

Issuer VistaShares Wedbush

Theme Artificial intelligence Artificial intelligence

In the S&P 500 40.5% 76.0%

Active share vs the S&P 500 88.4% 66.3%

In the Nasdaq-100 33.1% 63.2%

Holdings 57 30

Top ten, share of the fund 44.1% 47.4%

Expense ratio 0.75% 0.75%

Fee for the differing part 0.85% 1.13%

Total return, 1 year +44.0% +9.2%

vs its benchmark +29.2 pts vs VOO −5.6 pts vs VOO

Below its high −37.0% −14.3%

Net assets, AIS as of Nov 4, 2026 and IVES as of Jul 31, 2026 $940m $986m

As of Nov 4, 2026. Source: ETFIQ.

22% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

AIS

By weight, 40% of AIS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 88%. The top ten holdings are 44% of the fund across 57 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +44.0% with distributions reinvested against +14.8% for its benchmark, the S&P 500 TR, so a holder was ahead by 29.2 pts. It sits 37.0% below its all-time high of Jun 22, 2026.

IVES

By weight, 76% of IVES's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 66%. The top ten holdings are 47% of the fund across 30 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +9.2% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 5.6 pts. It sits 14.3% below its all-time high of Oct 6, 2026.

Questions people ask

Do AIS and IVES hold the same stocks?: By their latest filings, 22% 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, AIS or IVES?: AIS has 40% of its weight in S&P 500 names and IVES has 76%, so AIS differs more from the index.
Which is cheaper, AIS or IVES?: AIS and IVES both charge 0.75% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

AIS vs IGPT AIS vs FAI AIS vs XAIX AIS vs BAI IVES vs ROBT IVES vs WTAI IVES vs ALAI IVES vs THNQ

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →AIS on its own →IVES on its own →AIS holdings →IVES dividend history →IVES holdings →Method →Standards and sources →

Sources and dates

AIS filings on SEC EDGAR ↗

AIS prospectus with the expense ratio (SEC) ↗

VistaShares page for AIS ↗

IVES filings on SEC EDGAR ↗

IVES prospectus with the expense ratio (SEC) ↗

Wedbush website ↗

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

How this is computed

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, AIS against IVES, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ais-vs-ives

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