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IVES

GradeCNew York Stock Exchange Arca

Dan Ives Wedbush AI Revolution ETF

Themes · Wedbush · Inception 2025-06-03

$41.81−0.05 (−0.12%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Jun 4, 2025.
Intraday session: down, 51 prints from 41.86 to 41.81. Range 41.49 to 41.97. Use the arrow keys to read each point.$41.60$42.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1.1B
1Y return
+29.0%
Yield · Last 12 months
Data unavailable
Holdings
29
Volume · 30D
0.5M sh
NAV per share
$41.47
52W range
low $26.92high $41.95

The ETF.net IVES Grade

C

46/ 100

Rank 16 of 30 in Artificial Intelligence⁠

Confidence Medium

Six-pillar profile for IVES. Scores out of 100: Cost 22, Risk 54, Mission not scored, Tradability 79, Holdings 56, Durability 57. Strongest: Tradability (79). Weakest: Cost (22). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 46 of 100 sits in the C 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 22
    Category rank24/30 · 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.
    CScore 54
    Category rank14/27 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 79
    Category rank1/30 · top 3%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 56
    Category rank15/27 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 57
    Category rank17/30 · mid-pack

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

Our read on IVES

ETF.net Research

CWedbush turned its own AI research call into a ticker. IVES tracks a house-built index of roughly 30 AI names, reaching past US megacaps into chip-supply-chain countries like Taiwan, the Netherlands and Israel.

Stated mandate

The Fund seeks to track, before fees and expenses, the total return of the Solactive Wedbush Artificial Intelligence Index.

Why people hold it

  1. 01Concentration is the point: roughly 30 stocks, not 300, so the names the index selects actually move the fund.
  2. 02It doesn't stop at Silicon Valley. The mandate reaches into Taiwan, the Netherlands, Israel and China, where much of the physical AI supply chain sits.
  3. 03Rules first, hunches second. It follows the Solactive Wedbush Artificial Intelligence Index, so the selection logic is written down before you own it.
  4. 04Shares trade actively, which generally keeps the gap between the market price and the fund's underlying value tight for everyday orders.

Worth knowing

  1. 01At 0.75% a year it sits above the typical AI index fund. XAIX charges 0.35% and ARTY 0.47% for their own takes on the theme.
  2. 02Both the fund and its index launched in 2025, so there's no multi-year record of how closely it has tracked the benchmark.
  3. 03Thirty-odd stocks in one theme cuts both ways: the focus that sharpens the AI bet also makes for a bumpier ride than a broad tech fund.

IVES Holdings

As of Sep 20, 2026, 10:43 PM
Asset class
Stocks
Holdings
29
Top-10 weight
46%
Largest holding
MSFT5.6%

Sectors

  • Technology75.8%
  • Communication10.1%
  • Consumer Discr.8.7%
  • Industrials2.8%
  • Financials1.5%
  • Utilities1.2%

Geography

  • United States87.33%
  • Taiwan4.50%
  • South Korea3.99%
  • Netherlands2.32%
  • Australia1.85%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001MSFTMICROSOFT CORP5.64%122,242$60M792
002AAPLAPPLE INC4.78%152,302$51M707
003NVDANVIDIA CORP4.72%227,029$50M828
004TSMTAIWAN SEMICONDUCTOR-SP ADR4.50%110,844$48M268
005AMZNAMAZON.COM INC4.48%189,020$48M720
006PLTRPALANTIR TECHNOLOGIES INC-A4.43%266,562$47M503
007MUMICRON TECHNOLOGY INC4.40%46,310$47M655
008METAMETA PLATFORMS INC-CLASS A4.33%69,524$46M683
009AMDADVANCED MICRO DEVICES4.32%82,559$46M618
010GOOGLALPHABET INC-CL A4.23%129,499$45M704
011SKHYSK HYNIX INC-ADR3.99%227,595$43M16
012AVGOBROADCOM INC3.98%119,032$43M732
013TSLATESLA INC3.91%114,870$42M509
014CRMSALESFORCE INC3.88%174,450$42M457
015ORCLORACLE CORP3.57%258,897$38M448

Showing 1–15 of 32 holdings

IVES Performance

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

IVES$12,904
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. IVES $12,904. SPY $11,723. Use the arrow keys to read each point.$7,997$10,632$13,268Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – 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 IVES. Periods over one year show the average yearly return.
PeriodIVES
Year to date+32.4%
1 month+8.1%
3 months+11.4%
1 year+29.0%
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 IVES
YearReturn barIVES
2026 YTD+32.4%
2025+25.1%

History from Jun 4, 2025

IVES in the news

IVES 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.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 22, 2025 $0.13. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 22, 2025Dec 29, 2025$0.13

IVES Risk

How much the fund’s monthly returns vary, scaled to a year.
32.6%
Annualised · 14 months to Aug 2026
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.
1.05
vs 3-month T-bills · 14 months to Aug 2026
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.
−22.6%
15 months · trough Mar 2026
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.
2.12
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.

IVES Cost

Expense ratio0.75%
  • The middle half of Artificial Intelligence funds
  • Median 0.65%

20 of the 30 Artificial Intelligence funds charge less.

IVES costs $75.00 a year on $10,000. The median Artificial Intelligence fund costs $65.00.