The Dan Ives Wedbush AI Revolution ETF (IVES) debuted in June 2025, channeling Wedbush’s deep expertise in technology research into a single fund. By early January 2026, investors in IVES realized a 25% gain since inception, underscoring the market’s appetite for targeted AI exposure. This performance has outpaced many broad technology benchmarks over the same period and highlights the fund’s ability to capture high-growth themes within the sector.

In October 2025, IVES crossed the $1 billion mark in assets under management, just four months after launch. This milestone reflects robust inflows from institutional and retail investors seeking concentrated exposure to AI-related opportunities. Wedbush Fund Advisers attributes this rapid ramp-up to the ETF’s clear thematic focus and the firm’s reputation built over seven decades of technology research and innovation in investment products.

IVES holds 30 publicly traded companies that span the AI value chain, including semiconductor firms driving foundational chip architectures, cloud hyperscalers offering AI infrastructure, cybersecurity specialists integrating machine learning, robotics manufacturers automating industrial processes, and consumer platforms deploying AI-driven services. This diversified yet targeted approach aims to balance exposure between core technology enablers and real-world AI applications, positioning the fund to benefit from both R&D breakthroughs and commercial rollouts.

Ringing the Opening Bell at the New York Stock Exchange on January 8, 2026, symbolized Wedbush’s commitment to research-driven investment solutions. Looking ahead, IVES seeks to capitalize on continued AI spending growth projected by industry analysts, with Gartner forecasting global AI investment to exceed $150 billion in 2026. Wedbush remains focused on refining the ETF’s underlying index methodology and monitoring concentration and data risks, ensuring that IVES adapts to technological shifts while maintaining rigorous risk controls.