Data as of .
EPAI vs IVEP: which is really different?
EPAI and IVEP hold 18% of their weight in the same names.
ETFIQ Off-Index Score: IVEP scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
18% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, EPAI and IVEP hold 18% of their money in the same securities at the same weight.
| Holding | EPAI | IVEP |
|---|---|---|
| Vertiv Holdings Co | 4.76% | 4.12% |
| Monolithic Power Systems Inc | 3.61% | 3.89% |
| Eaton Corp PLC | 2.84% | 4.07% |
| GE Vernova Inc | 2.59% | 4.16% |
| Digital Realty Trust Inc | 2.49% | 3.43% |
| Johnson Controls International plc | 2.38% | 3.55% |
| Only in EPAI | Only in IVEP |
|---|---|
| Teradyne Inc 4.25% | BLOOM ENERGY CORP 4.98% |
| FormFactor Inc 3.98% | QUANTA SERVICES INC 4.31% |
| MasTec Inc 3.82% | SIEMENS ENERGY AG 4.11% |
| Applied Materials Inc 3.65% | NEXTERA ENERGY INC 3.94% |
| Taiwan Semiconductor Manufacturing Co Lt 3.61% | SCHNEIDER ELECTRIC SE 3.91% |
| Everus Construction Group Inc 3.48% | CONSTELLATION ENERGY CORP 3.88% |
| Entegris Inc 3.46% | EQUINIX INC 3.78% |
| Lam Research Corp 3.27% | WILLIAMS COMPANIES INC (THE) 3.66% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| EPAI | IVEP | EPAI | IVEP | EPAI | IVEP | |
| 3 months | −13.1% | −11.8% | −15.3 pts | −14.0 pts | −10.6 pts | −9.3 pts |
| 6 months | +19.2% | not published | +1.2 pts | not published | −5.0 pts | not published |
| Since launch | +33.6% | −2.5% | +19.8 pts | −15.7 pts | +14.8 pts | −21.7 pts |
| EPAI Harbor AI Inflection Strategy ETF Holds 37 stocks in artificial intelligence, 58% of its weight in S&P 500 companies | IVEP Dan IVES Wedbush AI Power & Infrastructure ETF Holds 30 stocks in aI infrastructure and chips, 71% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Harbor | Wedbush |
| Theme | Artificial intelligence | AI infrastructure and chips |
| In the S&P 500 | 58.0% | 71.2% |
| Active share vs the S&P 500 | 95.5% | 97.0% |
| In the Nasdaq-100 | 19.0% | 11.3% |
| Holdings | 37 | 30 |
| Top ten, share of the fund | 37.9% | 41.4% |
| Expense ratio | 0.88% | 0.75% |
| Fee for the differing part | 0.92% | 0.77% |
| Total return, 1 year | +33.6% (since launch on Dec 18, 2025) | −2.5% (since launch on Apr 8, 2026) |
| vs the S&P 500 | +19.8 pts | −15.7 pts |
| vs the Nasdaq-100 | +14.8 pts | −21.7 pts |
| Below its high | −16.8% | −13.0% |
| Net assets | $5m | $9m |
EPAI in plain words
By weight, 58% of EPAI's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 38% of the fund across 37 positions, as filed for Apr 30, 2026. Since it launched on Dec 18, 2025 the fund returned +33.6% with distributions reinvested against +13.8% for the S&P 500, so a holder was ahead by 19.8 pts. It sits 16.8% below its all-time high of Jun 30, 2026.
IVEP in plain words
By weight, 71% 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 41% of the fund across 30 positions, as filed for Apr 30, 2026. Since it launched on Apr 8, 2026 the fund returned −2.5% with distributions reinvested against +13.2% for the S&P 500, so a holder was behind by 15.7 pts. It sits 13.0% below its all-time high of May 6, 2026.
Questions people ask
- Do EPAI and IVEP hold the same stocks?
- By their latest filings, 18% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, EPAI or IVEP?
- EPAI has 58% of its weight in S&P 500 names and IVEP has 71%, so IVEP differs more from the index.
- Which is cheaper, EPAI or IVEP?
- EPAI charges 0.88% a year and IVEP charges 0.75%, so IVEP is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, EPAI against IVEP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/epai-vs-ivep Free to use with attribution; the underlying files are at Open data.