Dan IVES Wedbush AI Revolution ETF

IVES

Market cap $963M

The Dan IVES Wedbush AI Revolution is off to a tremendous start in terms of attracting investor inflows. IVES holds a concentrated portfolio of mega-cap tech stocks, closely mirroring QQQ, but adds volatile, speculative small-cap AI names. The ETF initially outperformed but has since lagged major indexes, with recent underperformance driven by sharp corrections in more speculative picks.

The Dan Ives Wedbush AI Revolution ETF is a recent arrival to the exchange-traded fund firmament. Ives is a well-known technology analyst.

PASADENA, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Wedbush Fund Advisers today announced a major milestone as the Dan IVES Wedbush AI Revolution ETF (Ticker: IVES) has officially surpassed $1 billion in assets under management (AUM).

Dan Ives and Tom Lee, two of Wall Street's most bombastic figures have launched ETFs tapping their social media megaphones. Bloomberg's Isabelle Lee joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.

The Dan Ives Wedbush AI Revolution ETF has surpassed $750 million in assets under management since its June 2025 launch. IVES provides targeted exposure to 30 leading public companies at the forefront of AI infrastructure, software, semiconductors, and consumer internet platforms. But here's the catch: there's very little value-add here versus QQQ or perhaps other AI-themed ETFs that are crowded into that same trade.

Wedbush Fund Advisers announces its inaugural ETF, the Dan Ives Wedbush AI Revolution ETF, has surpassed $750 million in assets under management (AUM).

Artificial intelligence (AI) may be the hottest investment theme on the planet right now -- and for good reason. Companies involved in this potentially game-changing technology have led the S&P 500 to a winning performance over the past two years and have propelled the index higher so far this year, too.

Blending ARKQ ETF with IVES ETF balances risk-driven upside from innovation with quality growth from mega-cap tech, capturing AI potential while cushioning volatility. ARKQ offers concentrated bets on disruptive innovators and benefits most from Fed easing and AI enthusiasm, but is more volatile in tightening cycles. IVES focuses on established, cash-rich tech leaders, providing resilience and steady growth, especially during higher-for-longer rate environments or AI market slowdowns.

Exchange-traded funds, or ETFs, are fantastic ways to get in on a particular investing theme or group of stocks. The idea is with one simple purchase, you can bet on technology stocks, pharma players, or an index like the S&P 500.

The ETF market is more crowded than ever. With well over 4,000 U.S.-listed ETFs — more funds than U.S. stocks — differentiation has become its own strategy.