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IVEP

GradeDNew York Stock Exchange Arca

Dan IVES Wedbush AI Power & Infrastructure ETF

Themes · Wedbush · Inception 2026-04-06

$25.69−0.24 (−0.93%)

As of Sep 23, 2026, 1:58 PM EDT

History starts Apr 8, 2026.History starts Apr 8, 2026.History starts Apr 8, 2026.
Intraday session: down, 14 prints from 25.93 to 25.69. Range 25.60 to 26.00. Use the arrow keys to read each point.$25.60$25.80$25.90$26.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$16M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$25.42
52W range
low $24.05high $29.36

The ETF.net IVEP Grade

D

36/ 100

Rank 8 of 14 in AI Data Infrastructure⁠

Confidence Medium

Six-pillar profile for IVEP. Scores out of 100: Cost 12, Risk 59, Mission not scored, Tradability 39, Holdings 65, Durability 54. Strongest: Holdings (65). Weakest: Cost (12). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 36 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 12
    Category rank13/14 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 59
    Category rank2/8 · top 25%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 39
    Category rank9/14 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank4/10 · top 40%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 54
    Category rank8/14 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on IVEP

ETF.net Research

DA Wall Street research call in an ETF wrapper: IVEP owns the roughly 30 names from Dan Ives' AI Power 30 list, aiming at the turbines, grid gear and data centers behind AI rather than the chips inside.

Stated mandate

The Fund seeks exposure to companies connected to AI power and infrastructure. Its Solactive index identifies eligible companies using natural-language processing and a requirement that at least 50% of revenue come from designated AI power businesses.

Why people hold it

  1. 01The AI trade one layer down: power generation, grid equipment, data centers and enabling materials, filtered to companies drawing at least 50% of revenue from AI power businesses.mondovisione.com
  2. 02Solactive builds the index from the Dan Ives AI Power 30 report: a published analyst call, reconstituted semi-annually as new reports land and rebalanced quarterly.globenewswire.comtradingview.com
  3. 03Roughly 30 holdings, weighted by free-float market cap with caps to curb concentration, so it spreads across the buildout instead of riding one utility or one equipment maker.tradingview.commondovisione.com
  4. 04Sequel to IVES, the Wedbush platform's first ETF, launched 2025. Same research desk, aimed at the physical layer rather than software and semis.globenewswire.com

Worth knowing

  1. 01Costs 0.75% a year, above the 0.65% typical of AI infrastructure peers and above TCAI (0.65%) and AIPO (0.69%).
  2. 02Launched in 2026 and still small and thinly traded, so bid-ask spreads can run wider than at the category's established funds.
  3. 03The lineup tracks one research desk's list. When that report changes, the portfolio changes with it.mondovisione.com

IVEP Holdings

As of Sep 20, 2026, 10:43 PM
Asset class
Stocks
Holdings
—
Top-10 weight
41%
Largest holding
SBGSY4.7%

Sectors

  • Industrials43.5%
  • Utilities21.1%
  • Energy14.4%
  • Technology10.1%
  • Real Estate7.9%
  • Materials3.0%

Geography

  • United States73.42%
  • Ireland8.58%
  • Canada6.30%
  • France4.66%
  • Germany4.12%
  • United Kingdom2.93%

Developed 100% · Emerging 0% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SBGSYSCHNEIDER ELECT SE-UNSP ADR4.66%11,520$757K13
002ETNEATON CORP PLC4.52%1,729$734K259
003SMERYSIEMENS ENERGY AG SPON ADR4.11%20,625$669K10
004EQIXEQUINIX INC4.11%654$668K355
005BEBLOOM ENERGY CORP- A4.08%2,496$663K304
006CEGCONSTELLATION ENERGY4.05%2,588$659K353
007JCIJOHNSON CONTROLS INTERNATION4.05%4,593$658K214
008PWRQUANTA SERVICES INC4.02%1,026$653K355
009NEENEXTERA ENERGY INC3.97%8,017$645K407
010WMBWILLIAMS COS INC3.92%8,849$638K361
011SOSOUTHERN CO/THE3.80%7,230$618K331
012DLRDIGITAL REALTY TRUST INC3.78%3,376$615K309
013GEVGE VERNOVA INC3.76%651$612K473
014KMIKINDER MORGAN INC3.68%18,781$598K342
015BKRBAKER HUGHES CO3.61%10,252$587K359

Showing 1–15 of 31 holdings

IVEP Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IVEP$8,865
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. IVEP $8,865. SPY $10,415. Use the arrow keys to read each point.$8,070$9,348$10,626Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for IVEP. Periods over one year show the average yearly return.
PeriodIVEP
Year to dateFund launched this year—
1 month−0.2%
3 months−11.4%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IVEP
YearReturn barIVEP
2026 YTD−0.7%

History from Apr 8, 2026

IVEP in the news

IVEP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Apr 2026. No distributions yet.

IVEP Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Apr 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.02
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

IVEP Cost

Expense ratio0.75%
  • The middle half of AI Data Infrastructure funds
  • Median 0.65%

9 of the 12 AI Data Infrastructure funds charge less.

IVEP costs $75.00 a year on $10,000. The median AI Data Infrastructure fund costs $65.00.