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IVES vs FAI

Dan IVES Wedbush AI Revolution ETF vs First Trust Bloomberg Artificial Intelligence ETF

IVES

Dan IVES Wedbush AI Revolution ETF

Annual cost

0.75%

Fund size

$1.2B

FAI

First Trust Bloomberg Artificial Intelligence ETF

Annual cost

0.65%

Fund size

$92M

Key differences

Both IVES and FAI are equity ETFs. IVES charges 0.75% a year and FAI 0.65%. The main difference: FAI costs 0.10% less per year.

  • FAI costs 0.10% less per year.
  • IVES is much larger than FAI. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

IVESFAI
Annual cost (TER)0.75%0.65%
Fund size (AUM)$1.2B$92M
Since20252024
Dividend yield0.00%
Asset classequityequity
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+47.9%+59.1%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y26.47%25.78%
Max drawdown-22.64%-27.82%

Similar to IVES and FAI