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Data as of .

EPAI vs IVES: which is really different?

EPAI and IVES hold 6% of their weight in the same names.

Harbor AI Inflection Strategy ETF and Dan IVES Wedbush AI Revolution ETF.

58.0%EPAI in the S&P 500
73.9%IVES in the S&P 500
+33.6%EPAI total return, 1 year
+27.2%IVES total return, 1 year

ETFIQ Off-Index Score: EPAI scores higher

How much of it is not the index it is sold as an alternative to?

EPAI 34.3IVES 2.50.1, the lowest in this set91.8, the highest

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

EPAI42% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
58%42%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 96% · top ten 38% of the fund · 37 holdings filed Apr 30, 2026 · Nasdaq-100: 19% in58%42%in the S&P 500outsideactive share 96% · top ten 38% of the fund
IVES26% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
74%26%of its weight in S&P 500 companiesoutside the S&P 500active share 67% · top ten 50% of the fund · 30 holdings filed Apr 30, 2026 · Nasdaq-100: 63% in74%26%in the S&P 500outsideactive share 67% · top ten 50% of the fund

6% 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 IVES hold 6% of their money in the same securities at the same weight.

Positions EPAI and IVES both hold, largest shared weight first
HoldingEPAIIVES
Taiwan Semiconductor Manufacturing Co Lt3.61%4.95%
GE Vernova Inc2.59%4.25%
Only in each
Only in EPAIOnly in IVES
Vertiv Holdings Co 4.76%ADVANCED MICRO DEVICES INC 6.33%
Teradyne Inc 4.25%BROADCOM INC 5.44%
FormFactor Inc 3.98%AMAZON.COM INC 5.42%
MasTec Inc 3.82%ALPHABET INC 5.38%
Applied Materials Inc 3.65%NVIDIA CORP 4.84%
Monolithic Power Systems Inc 3.61%APPLE INC 4.72%
Everus Construction Group Inc 3.48%MICRON TECHNOLOGY INC 4.66%
Entegris Inc 3.46%MICROSOFT CORP 4.44%

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

EPAI and IVES over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
EPAIIVESEPAIIVESEPAIIVES
3 months−13.1%+5.6%−15.3 pts+3.3 pts−10.6 pts+8.1 pts
6 months+19.2%+37.2%+1.2 pts+19.2 pts−5.0 pts+13.0 pts
1 yearnot published+27.2%not published+10.6 ptsnot published+5.4 pts
Since launch+33.6%+58.8%+19.8 pts+28.9 pts+14.8 pts+21.6 pts
Open the live comparison on ETFIQ
EPAI and IVES on the same fields, as of Sep 18, 2026. Source: ETFIQ.
EPAI
Harbor AI Inflection Strategy ETF
Holds 37 stocks in artificial intelligence, 58% of its weight in S&P 500 companies
IVES
Dan IVES Wedbush AI Revolution ETF
Holds 30 stocks in artificial intelligence, 74% of its weight in S&P 500 companies
IssuerHarborWedbush
ThemeArtificial intelligenceArtificial intelligence
In the S&P 50058.0%73.9%
Active share vs the S&P 50095.5%66.5%
In the Nasdaq-10019.0%62.6%
Holdings3730
Top ten, share of the fund37.9%50.4%
Expense ratio0.88%0.75%
Fee for the differing part0.92%1.13%
Total return, 1 year+33.6% (since launch on Dec 18, 2025)+27.2%
vs the S&P 500+19.8 pts+10.6 pts
vs the Nasdaq-100+14.8 pts+5.4 pts
Below its high−16.8%−3.8%
Net assets$5m$997m

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.

IVES in plain words

By weight, 74% 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 50% of the fund across 30 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +27.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 10.6 pts.

Questions people ask

Do EPAI and IVES hold the same stocks?
By their latest filings, 6% 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 IVES?
EPAI has 58% of its weight in S&P 500 names and IVES has 74%, so EPAI differs more from the index.
Which is cheaper, EPAI or IVES?
EPAI charges 0.88% a year and IVES charges 0.75%, so IVES 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.

EPAI against IVES, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EPAI against IVES, data as of Sep 18, 2026. https://etfiq.com/compare/themes/epai-vs-ives Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources