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 Non-Cyclicals and Consumer Cyclicals. ALAI is more expensive with a Total Expense Ratio (TER) of 1.68%, versus 0.75% for IVES. ALAI is up 22.25% year-to-date (YTD) with +$890M in YTD flows. IVES performs better with 25.41% YTD performance, and -$146M 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 09/14/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ALAI IVES | -4.27%-0.87% | -3.53%+3.45% | +22.25%+25.41% | +22.74%+27.44% | n/an/a | n/an/a |
| Flows | ALAI IVES | +$751M-$24M | +$821M-$101M | +$890M-$146M | +$1.01B+$201M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ALAI IVES | +26.90%+27.51% | +25.95%+28.67% | n/an/a | n/an/a |
| Max drawdown | ALAI IVES | -13.47%-11.36% | -18.30%-22.54% | n/an/a | n/an/a |
| Max drawdown duration | ALAI IVES | 85d49d | 169d188d | n/an/a | n/an/a |
Trading data
ALAI | IVES | |
Last sale 9/15/2026 at 1:30 PM | $43.87 | $39.36 |
| Previous close 09/14/2026 | $44.21 | $39.61 |
| Consolidated volume 09/14/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 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 9/15/2026 at 1:30 PM
Live
Closed
ALAI | IVES | |
|---|---|---|
| Last price | $43.87 | $39.36 |
| 1D performance | -0.78% | -0.63% |
| AuM | $1.24 B | $1.05 B |
| 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 | 62 | 31 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 5, 2024 | June 4, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
ALAI
USA
70.26%
Other
29.74%
IVES
USA
88.08%
Other
11.92%
Sectors
ALAI
Technology
63.35%
Consumer Non-Cycl.
8.24%
Other
28.41%
IVES
Technology
81.12%
Other
18.88%
Advertisement
Diversification
ALAI
Total weight of top 15 holdings out of 15
59.46%
IVES
Total weight of top 15 holdings out of 15
64.96%
Top 15 holdings
Data as of July 31, 2026
ALAI
NVIDIA Corp.
13.20%
Microsoft Corp.
6.59%
Taiwan Semiconductor Manufacturing Co., Ltd.
5.59%
Amazon.com, Inc.
5.23%
Western Digital Corp.
4.17%
Alphabet, Inc.
4.15%
Meta Platforms, Inc.
3.50%
Nebius Group NV
3.37%
Seagate Technology Holdings Plc
2.69%
Apple, Inc.
2.22%
SK hynix, Inc.
1.94%
Snowflake, Inc.
1.79%
Talen Energy Corp.
1.75%
Micron Technology, Inc.
1.64%
Forgent Power Solutions, Inc.
1.62%
IVES
Microsoft Corp.
5.92%
Amazon.com, Inc.
5.35%
Apple, Inc.
4.90%
Broadcom Inc.
4.83%
Alphabet, Inc.
4.81%
NVIDIA Corp.
4.75%
Taiwan Semiconductor Manufacturing Co., Ltd.
4.67%
Advanced Micro Devices, Inc.
4.10%
Meta Platforms, Inc.
4.04%
Micron Technology, Inc.
3.98%
Tesla, Inc.
3.72%
Oracle Corp.
3.51%
International Business Machines Corp.
3.49%
Palo Alto Networks, Inc.
3.47%
GE Vernova, Inc.
3.43%
Frequently asked questions about ALAI and IVES
How have the ALAI and IVES ETFs performed in 2026?
As of September 14, 2026, ALAI is up 22.25% year-to-date (YTD), while IVES has returned 25.41%. That puts IVES better performer ahead so far this year.
Which ETF is attracting more investor money: ALAI or IVES?
Year-to-date, the ALAI ETF saw +$890M in flows, compared to -$146M for IVES.
Which ETF is more volatile: ALAI or IVES?
Over the past year, ALAI had a volatility of 25.95%, while IVES experienced 28.67%.
Which ETF is bigger: ALAI or IVES?
As of September 14, 2026, ALAI holds $1.24 B in assets under management (AUM), while IVES manages $1.05 B.
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., Microsoft Corp. and Taiwan Semiconductor Manufacturing Co., Ltd.. IVES holds in its top three: Microsoft Corp., Amazon.com, Inc. and Apple, Inc..
Which ETF is more diversified: ALAI or IVES?
ALAI holds 63 securities with 59.46% of its assets in the top 15. IVES has 31 securities and a top 15 weight of 64.96%.
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
