AIPOvsHVACETF Comparison
VS
Defiance AI & Power Infrastructure ETF (AIPO) belongs to the Multiple Trends segment. AdvisorShares HVAC and Industrials ETF (HVAC) is part of the Uncategorized Equities segment. AIPO's top 3 sector exposures are Industrials, Utilities and Technology. In contrast, HVAC's top sector exposures are Industrials, Technology and Business Services. AIPO is less expensive with a Total Expense Ratio (TER) of 0.69%, versus 35.61% for HVAC. AIPO is up 33.1% year-to-date (YTD) with +$777M in YTD flows. HVAC performs worse with 15.94% YTD performance, and +$11M in YTD flows. Run a side-by-side ETF comparison of AIPO and HVAC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
AIPO vs HVAC performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/20/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | AIPO HVAC | -15.39%-17.10% | +0.34%-8.72% | +33.10%+15.94% | +44.52%+25.00% | n/an/a | n/an/a |
| Flows | AIPO HVAC | +$79M+$3M | +$610M+$7M | +$777M+$11M | +$900M+$13M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | AIPO HVAC | +42.33%+40.31% | +35.85%+31.53% | n/an/a | n/an/a |
| Max drawdown | AIPO HVAC | -15.94%-17.10% | -17.09%-17.10% | n/an/a | n/an/a |
| Max drawdown duration | AIPO HVAC | 28d28d | 104d28d | n/an/a | n/an/a |
Trading data
AIPO | HVAC | |
Last sale 7/21/2026 at 7:07 PM | $30.24 | $37.20 |
| Previous close 07/20/2026 | $29.40 | $35.92 |
| Consolidated volume 07/20/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
HVAC
is actively managed and doesn’t replicate an indexAIPO | HVAC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/21/2026 at 7:07 PM
Live
Closed
AIPO | HVAC | |
|---|---|---|
| Last price | $30.24 | $37.20 |
| 1D performance | +2.86% | +3.56% |
| AuM | $901.17 M | $14.73 M |
| E/R | 0.69% | 35.61% |
Characteristics
AIPO | HVAC | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | Defiance ETFs | AdvisorShares |
| Benchmark | MarketVector US Listed AI and Power Infrastructure Index | - |
| N° of holdings | 78 | 22 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 24, 2025 | February 3, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
AIPO
USA
81.29%
Ireland
7.9%
Other
10.81%
HVAC
USA
90.57%
Other
9.43%
Sectors
AIPO
Industrials
56.58%
Utilities
15.63%
Technology
13.6%
Other
14.19%
HVAC
Industrials
77.93%
Technology
16.04%
Other
6.03%
Advertisement
Diversification
AIPO
Total weight of top 15 holdings out of 15
63.43%
HVAC
Total weight of top 15 holdings out of 15
78.19%
Top 15 holdings
Data as of June 30, 2026
AIPO
GE Vernova, Inc.
8.87%
Eaton Corp. Plc
7.90%
Quanta Services, Inc.
7.78%
Vertiv Holdings Co.
7.73%
Bloom Energy Corp.
4.41%
Cameco Corp.
3.83%
Broadcom Inc.
3.61%
Constellation Energy Corp.
3.60%
NVIDIA Corp.
3.54%
Advanced Micro Devices, Inc.
2.33%
MasTec, Inc.
1.99%
Hubbell, Inc.
1.97%
Xcel Energy, Inc.
1.96%
Vistra Corp.
1.96%
Dominion Energy, Inc.
1.95%
HVAC
Sterling Infrastructure, Inc.
8.60%
Comfort Systems USA, Inc.
7.24%
Jabil, Inc.
5.96%
Amphenol Corp.
5.33%
Caterpillar, Inc.
5.01%
Trane Technologies Plc
4.84%
Curtiss-Wright Corp.
4.81%
Belden, Inc.
4.75%
Quanta Services, Inc.
4.72%
Bloom Energy Corp.
4.65%
nVent Electric Plc
4.63%
Vertiv Holdings Co.
4.61%
AAON, Inc.
4.50%
GE Vernova, Inc.
4.27%
Generac Holdings, Inc.
4.27%
Frequently asked questions about AIPO and HVAC
How have the AIPO and HVAC ETFs performed in 2026?
As of July 20, 2026, AIPO is up 33.1% year-to-date (YTD), while HVAC has returned 15.94%. That puts AIPO better performer ahead so far this year.
Which ETF is attracting more investor money: AIPO or HVAC?
Year-to-date, the AIPO ETF saw +$777M in flows, compared to +$11M for HVAC.
Which ETF is more volatile: AIPO or HVAC?
Over the past year, AIPO had a volatility of 35.85%, while HVAC experienced 31.53%.
Which ETF is bigger: AIPO or HVAC?
As of July 20, 2026, AIPO holds $901.17 M in assets under management (AUM), while HVAC manages $14.73 M.
What sectors do the AIPO and HVAC ETFs invest in?
AIPO leans toward sectors like Industrials, Utilities and Technology. Meanwhile, HVAC focuses on Industrials and Technology.
What are the top holdings of the AIPO ETF and HVAC ETF?
AIPO top holdings include GE Vernova, Inc., Eaton Corp. Plc and Quanta Services, Inc.. HVAC holds in its top three: Sterling Infrastructure, Inc., Comfort Systems USA, Inc. and Jabil, Inc..
Which ETF is more diversified: AIPO or HVAC?
AIPO holds 78 securities with 63.43% of its assets in the top 15. HVAC has 22 securities and a top 15 weight of 78.19%.
Advertisement
Latest news about AIPO & HVAC
There’s an ETF for That? Air Conditioning Stocks
July 3, 2026
HVAC
The ETF Underdogs, Part 7: High Asset, Low Obsolescence (HALO)
March 13, 2026
HVAC
There’s an ETF for That? Blue Collar Trades
September 30, 2025
HVAC
Advertisement
Advertisement
