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Data as of .

IVEP vs WISE: which is really different?

IVEP and WISE hold 0% of their weight in the same names.

Dan IVES Wedbush AI Power & Infrastructure ETF and Themes Generative Artificial Intelligence ETF.

71.2%IVEP in the S&P 500
32.4%WISE in the S&P 500
−2.5%IVEP total return, 1 year
−17.1%WISE total return, 1 year

ETFIQ Off-Index Score: IVEP scores higher

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

IVEP 39.7WISE 16.20.1, 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

IVEP29% of its weight is outside the S&P 500 · 3 months to Sep 18, 2026
71%29%of its weight in S&P 500 companiesoutside the S&P 500active share 97% · top ten 41% of the fund · 30 holdings filed Apr 30, 2026 · Nasdaq-100: 11% in71%29%in the S&P 500outsideactive share 97% · top ten 41% of the fund
WISE68% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
32%68%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 84% · top ten 51% of the fund · 40 holdings filed Jun 30, 2026 · Nasdaq-100: 29% in32%68%inoutside the S&P 500active share 84% · top ten 51% of the fund

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, IVEP and WISE hold 0% of their money in the same securities at the same weight.

Only in each
Only in IVEPOnly in WISE
BLOOM ENERGY CORP 4.98%Advanced Micro Devices Inc 11.41%
QUANTA SERVICES INC 4.31%QuickLogic Corp 7.53%
GE VERNOVA INC 4.16%Gorilla Technology Group Inc 5.49%
VERTIV HOLDINGS COMPANY 4.12%Snowflake Inc 5.15%
SIEMENS ENERGY AG 4.11%NVIDIA Corp 4.70%
EATON CORP PLC 4.07%Broadcom Inc 3.53%
NEXTERA ENERGY INC 3.94%Amazon.com Inc 3.46%
SCHNEIDER ELECTRIC SE 3.91%Information Services Group Inc 3.45%

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 and Jun 30, 2026.

Performance, window by window

IVEP and WISE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
IVEPWISEIVEPWISEIVEPWISE
3 months−11.8%−13.3%−14.0 pts−15.6 pts−9.3 pts−10.8 pts
6 monthsnot published+7.5%not published−10.5 ptsnot published−16.8 pts
1 yearnot published−17.1%not published−33.7 ptsnot published−38.9 pts
Since launch−2.5%+42.7%−15.7 pts−28.9 pts−21.7 pts−44.1 pts
Open the live comparison on ETFIQ
IVEP and WISE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
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
WISE
Themes Generative Artificial Intelligence ETF
Holds 40 stocks in artificial intelligence, 32% of its weight in S&P 500 companies
IssuerWedbushThemes
ThemeAI infrastructure and chipsArtificial intelligence
In the S&P 50071.2%32.4%
Active share vs the S&P 50097.0%83.6%
In the Nasdaq-10011.3%29.2%
Holdings3040
Top ten, share of the fund41.4%51.4%
Expense ratio0.75%0.35%
Fee for the differing part0.77%0.42%
Total return, 1 year−2.5% (since launch on Apr 8, 2026)−17.1%
vs the S&P 500−15.7 pts−33.7 pts
vs the Nasdaq-100−21.7 pts−38.9 pts
Below its high−13.0%−24.0%
Net assets$9m$28m

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.

WISE in plain words

By weight, 32% of WISE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 51% of the fund across 40 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −17.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 33.7 pts. It sits 24.0% below its all-time high of Oct 15, 2025.

Questions people ask

Do IVEP and WISE hold the same stocks?
By their latest filings, 0% 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, IVEP or WISE?
IVEP has 71% of its weight in S&P 500 names and WISE has 32%, so IVEP differs more from the index.
Which is cheaper, IVEP or WISE?
IVEP charges 0.75% a year and WISE charges 0.35%, so WISE 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.

IVEP against WISE, 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, IVEP against WISE, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ivep-vs-wise Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources