ALAIvsIVESETF Comparison
VS
Alger AI Enablers & Adopters ETF (ALAI) and Dan IVES Wedbush AI Revolution ETF (IVES) belong to the same industry segment: AI & Big Data. ALAI's top 3 sector exposures are Technology, Consumer Non-Cyclicals and Finance. In contrast, IVES's top sector exposures are Technology, Consumer Cyclicals and Consumer Non-Cyclicals. ALAI is more expensive with a Total Expense Ratio (TER) of 1.68%, versus 0.75% for IVES. ALAI is up 14.12% year-to-date (YTD) with +$130M in YTD flows. IVES performs worse with 9.59% YTD performance, and -$104M in YTD flows. Run a side-by-side ETF comparison of ALAI and IVES 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
ALAI vs IVES performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ALAI IVES | -7.89%-7.30% | +5.22%+5.59% | +14.12%+9.59% | +29.84%+22.88% | n/an/a | n/an/a |
| Flows | ALAI IVES | +$53M-$56M | +$94M-$97M | +$130M-$104M | +$313M+$412M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ALAI IVES | +28.98%+29.97% | +25.28%+27.42% | n/an/a | n/an/a |
| Max drawdown | ALAI IVES | -11.27%-17.00% | -18.30%-22.54% | n/an/a | n/an/a |
| Max drawdown duration | ALAI IVES | 37d57d | 169d188d | n/an/a | n/an/a |
Trading data
ALAI | IVES | |
Last sale 7/29/2026 at 4:04 PM | $40.45 | $34.03 |
| Previous close 07/28/2026 | $41.33 | $34.61 |
| Consolidated volume 07/28/2026 | ||
| 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
ALAI
is actively managed and doesn’t replicate an indexALAI | IVES | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/29/2026 at 4:04 PM
Live
Closed
ALAI | IVES | |
|---|---|---|
| Last price | $40.45 | $34.03 |
| 1D performance | -2.13% | -1.68% |
| AuM | $460.62 M | $955.79 M |
| E/R | 1.68% | 0.75% |
Characteristics
ALAI | IVES | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Fred Alger Management | Wedbush Funds |
| Benchmark | - | Solactive Wedbush Artificial Intelligence Index |
| N° of holdings | 58 | 30 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 5, 2024 | June 4, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
ALAI
USA
70.75%
Other
29.25%
IVES
USA
90.55%
Other
9.45%
Sectors
ALAI
Technology
62.66%
Consumer Non-Cycl.
7.91%
Other
29.43%
IVES
Technology
79.92%
Other
20.08%
Diversification
ALAI
Total weight of top 15 holdings out of 15
62.94%
IVES
Total weight of top 15 holdings out of 15
68.66%
Top 15 holdings
Data as of June 30, 2026
ALAI
NVIDIA Corp.
12.24%
Taiwan Semiconductor Manufacturing Co., Ltd.
5.97%
Amazon.com, Inc.
4.94%
Microsoft Corp.
4.78%
Alphabet, Inc.
4.72%
Western Digital Corp.
4.34%
Nebius Group NV
4.02%
Broadcom Inc.
3.77%
Meta Platforms, Inc.
3.76%
US84615Q1031
3.08%
Apple, Inc.
2.83%
Tesla, Inc.
2.57%
Applovin Corp.
2.08%
Seagate Technology Holdings Plc
1.98%
Talen Energy Corp.
1.86%
IVES
Micron Technology, Inc.
5.34%
Taiwan Semiconductor Manufacturing Co., Ltd.
5.25%
Advanced Micro Devices, Inc.
5.11%
Apple, Inc.
4.78%
Tesla, Inc.
4.71%
NVIDIA Corp.
4.71%
Amazon.com, Inc.
4.67%
Alphabet, Inc.
4.62%
Broadcom Inc.
4.57%
Meta Platforms, Inc.
4.53%
Microsoft Corp.
4.50%
GE Vernova, Inc.
4.42%
Palo Alto Networks, Inc.
4.19%
International Business Machines Corp.
3.67%
CrowdStrike Holdings, Inc.
3.57%
Frequently asked questions about ALAI and IVES
How have the ALAI and IVES ETFs performed in 2026?
As of July 28, 2026, ALAI is up 14.12% year-to-date (YTD), while IVES has returned 9.59%. That puts ALAI better performer ahead so far this year.
Which ETF is attracting more investor money: ALAI or IVES?
Year-to-date, the ALAI ETF saw +$130M in flows, compared to -$104M for IVES.
Which ETF is more volatile: ALAI or IVES?
Over the past year, ALAI had a volatility of 25.28%, while IVES experienced 27.42%.
Which ETF is bigger: ALAI or IVES?
As of July 28, 2026, ALAI holds $460.62 M in assets under management (AUM), while IVES manages $955.79 M.
What sectors do the ALAI and IVES ETFs invest in?
ALAI leans toward sectors like Technology and Consumer Non-Cyclicals. Meanwhile, IVES focuses on Technology.
What are the top holdings of the ALAI ETF and IVES ETF?
ALAI top holdings include NVIDIA Corp., Taiwan Semiconductor Manufacturing Co., Ltd. and Amazon.com, Inc.. IVES holds in its top three: Micron Technology, Inc., Taiwan Semiconductor Manufacturing Co., Ltd. and Advanced Micro Devices, Inc..
Which ETF is more diversified: ALAI or IVES?
ALAI holds 58 securities with 62.94% of its assets in the top 15. IVES has 30 securities and a top 15 weight of 68.66%.
Advertisement
Latest news about ALAI & IVES
Dan IVES Wedbush AI Revolution ETF (IVES) Deep Dive
September 26, 2025
IVES
ETF Comparison: ARK Autonomous Technology & Robotics ETF (ARKQ) Versus Dan IVES Wedbush AI Revolution ETF (IVES)
August 29, 2025
IVES
There’s an ETF for That? Tom Lee & Dan Ives
June 19, 2025
IVES
Advertisement
Advertisement
