IVES

Dan IVES Wedbush AI Revolution ETF

$32.14
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Dan IVES Wedbush AI Revolution ETF (IVES) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Wedbush ETFMG Global Cloud Technology Index, which is designed to track the performance of companies involved in the development and utilization of artificial intelligence (AI) technologies.

Overview

ETF tracking Dan IVES Wedbush AI Revolution ETF

Category Innovation
Issuer Other
Inception Date 2025-06-04
Market Cap $711.1M
Average Volume N/A
Dividend Yield N/A
52-Week Range $25.24 - $35.20
VWAP $32.00

Performance

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Investment Summary

📎 Investment Objective

The Dan IVES Wedbush AI Revolution ETF (IVES) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Wedbush ETFMG Global Cloud Technology Index, which is designed to track the performance of companies involved in the development and utilization of artificial intelligence (AI) technologies.

🎯 Investment Strategy

The ETF invests in a portfolio of global companies that are involved in the development and application of AI technologies across various industries. The fund's holdings are selected based on their exposure to AI-related business activities, such as machine learning, natural language processing, computer vision, and autonomous systems.

✨ Key Features

  • Provides exposure to a diversified portfolio of global companies at the forefront of AI innovation
  • Focuses on companies that are actively developing and implementing AI-based solutions
  • Aims to capture the growth potential of the rapidly evolving AI technology sector
  • Passively managed to track the Wedbush ETFMG Global Cloud Technology Index

⚠️ Primary Risks

  • Concentration risk: The fund's investments are focused on the AI technology sector, which may be subject to greater volatility and risk than a more diversified portfolio
  • Technological risk: Rapid changes in AI technology and the potential for disruption in various industries may impact the performance of the fund's holdings
  • Global market risk: The fund's investments in international companies may be subject to currency fluctuations, political instability, and other global market risks
  • Liquidity risk: The fund may invest in smaller or less-traded companies, which could lead to increased liquidity risk

👤 Best For

The Dan IVES Wedbush AI Revolution ETF may be suitable for investors with a long-term investment horizon who are seeking exposure to the growth potential of the AI technology sector. Investors should be comfortable with the higher level of risk and volatility associated with a thematic, sector-focused fund.