AIVL vs IVE
WisdomTree US AI Enhanced Value Fund vs iShares S&P 500 Value ETF
Which is better, AIVL or IVE?
Nearly the same fund. IVE costs less.
IVE has a lower expense ratio. AIVL led over 1Y, IVE over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. IVE is less concentrated, with 24.6% of the fund in its ten largest positions against 29.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AIVL | IVE |
|---|---|---|
| Expense Ratio | 0.38% | 0.18%Best |
| AUM | $414M | $49.5B |
| Dividend Yield | 1.53% | 1.58% |
| Holdings | 103 | 443 |
| YTD Return | +15.75%Best | +11.29% |
| 1Y Return | +17.67%Best | +15.69% |
| 3Y Return (annualized) | +16.26% | +16.79%Best |
| 5Y Return (annualized) | +8.46% | +11.39%Best |
| Volatility (annualized) | 15.8%Tie | 15.8%Tie |
| Max Drawdown | -65.1% | -63.0%Best |
| $10,000 over 5 years | $15,009 | $17,149Best |
| Top 10 Weight | 29.3% | 24.6%Best |
| Fund Family | WisdomTree Investments | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 16, 2006 | May 22, 2000 |
Volatility and max drawdown are measured over the window both funds cover: Jun 16, 2006 to Oct 14, 2026 (20.3 years).
AIVL vs IVE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 20.3 years both funds cover.
AIVL vs IVE Performance
WisdomTree US AI Enhanced Value Fund (AIVL) is an ETF from WisdomTree Investments and iShares S&P 500 Value ETF (IVE) is an ETF from iShares by BlackRock (US). Over the past year AIVL returned +17.67% while IVE returned +15.69%. Year to date, AIVL is up 15.75% versus a gain of 11.29% for IVE.
Over three years, AIVL compounded at +16.26% per year against +16.79% for IVE; over five years the annualized figures are +8.46% and +11.39% respectively. Across the full 20-year window we track, IVE has the edge at +6.87% annualized vs +5.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIVL and IVE have been equally volatile, both at 15.8% annualized.
The deepest peak-to-trough decline in our data was -65.1% for AIVL and -63.0% for IVE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AIVL charges 0.38% per year while IVE charges 0.18%. On a $10,000 position that is $38 vs $18 annually, a gap of $20 per year that compounds over a long holding period. On income, AIVL currently yields 1.53% against 1.58% for IVE.
Holdings Overlap
70.3% of AIVL's money is in holdings IVE also owns. 30.3% of IVE's money is in holdings AIVL also owns.
Most of AIVL is already inside IVE. Owning both mostly buys the same companies twice.
70 positions in common, counted across the 122 positions we hold weights for in AIVL and 438 in IVE, against full books of 103 and 443.
What only one of them owns
Our book lists 362 positions for IVE that do not appear in our book for AIVL (68.4% of the fund), and 50 for AIVL that do not appear in IVE (27.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AIVL | Weight in IVE | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.31% | 8.25% | 3.94% |
| AMZNAmazon.Com Inc | 4.26% | 3.92% | 0.34% |
| PGProcter & Gamble Company | 3.04% | 1.15% | 1.89% |
| BACBank of America Corp.: Financials | 2.83% | 1.20% | 1.63% |
| INTCIntel Corporation | 1.47% | 2.04% | 0.57% |
| MOAltria Group Inc | 2.28% | 0.38% | 1.90% |
| MDTMedtronic Plc Ordinary Shares | 2.27% | 0.38% | 1.89% |
| USBUS Bancorp | 2.20% | 0.31% | 1.89% |
| KMIKinder Morgan Inc./de | 2.27% | 0.20% | 2.07% |
| ICEIntercontinental Exchange Grp Usd0.01 | 2.17% | 0.29% | 1.88% |
70.3% of AIVL is already inside IVE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIVL or IVE?
AIVL has an expense ratio of 0.38% while IVE charges 0.18%. IVE is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, AIVL or IVE?
Over the past year AIVL returned +17.67% vs +15.69% for IVE, so AIVL leads on 1-year performance. Over the longest common window we track (20 years), AIVL annualized +5.48% vs +6.87% for IVE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIVL or IVE?
AIVL and IVE have been equally volatile, both at 15.8% annualized. Worst drawdown: AIVL -65.1% vs IVE -63.0%.
Should I hold both AIVL and IVE?
AIVL and IVE have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AIVL and IVE?
70.3% of AIVL's money is in holdings IVE also owns. 30.3% of IVE's is in holdings AIVL also owns. They hold 70 positions in common, counted across the 122 positions we hold weights for in AIVL and 438 in IVE.
Which pays a higher dividend, AIVL or IVE?
AIVL yields 1.53% while IVE yields 1.58%, so IVE currently pays the higher dividend yield.
Is IVE better than AIVL?
IVE has a lower expense ratio. AIVL led over 1Y, IVE over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. IVE is less concentrated, with 24.6% of the fund in its ten largest positions against 29.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.