Wall Street Tech Star Dan Ives Launches AI-Focused ETF Backed by Proprietary Research
Wedbush Fund Advisers launched the IVES ETF, offering focused exposure to AI through 30 key companies like Nvidia and Microsoft. It targets AI infrastructure, deployment, and monetization.

New ETF Launches to Target the AI Sector Backed by Leading Tech Analyst
Wedbush Fund Advisers has introduced the Dan IVES Wedbush AI Revolution ETF, trading under the ticker IVES on the New York Stock Exchange. This fund is based on the proprietary research of well-known tech analyst Dan Ives and offers investors focused exposure to the artificial intelligence sector.
Dan Ives describes AI as “the biggest tech theme we’ve ever seen.” He emphasizes that the ETF is meant to capture the secondary and tertiary effects of AI development, which he considers critical for investors. The fund focuses on companies well-positioned to benefit from AI infrastructure, deployment, and monetization.
Fund Composition and Strategy
The ETF includes 30 publicly traded companies selected from Ives’s "AI Revolution Theme," a framework identifying firms with meaningful AI exposure across diverse sectors:
- Semiconductors
- Hyperscalers
- Cybersecurity
- Consumer platforms
- Robotics
- Cloud infrastructure
Key holdings feature major AI leaders such as Nvidia (NVDA), tech giants like Microsoft (MSFT), and defense-oriented firms including Palantir (PLTR). The ETF also includes Chinese companies Alibaba (BABA) and Baidu to capture AI innovation in Asia.
Investment Approach and Management
Ives stresses that his focus is on identifying promising themes and disruptors rather than strict valuation metrics. This thematic approach drives the fund’s construction and ongoing management.
The ETF will be actively managed, with holdings reviewed and potentially adjusted several times a year to reflect changing market dynamics and emerging leaders. It is available to both institutional and retail investors, with a particular emphasis on retail participation from Ives’s followers.
Market Context and Differentiation
The launch of IVES comes amid a crowded US ETF market, where approximately 4,000 ETFs exist and over 25 focus on AI or use AI-driven strategies. Ives highlights that while many options are available, his fund is unique due to the integration of his team’s research and investment expertise.
Investors interested in AI-focused financial products may find this ETF offers a differentiated approach anchored in specialized insight.
For professionals looking to deepen their understanding of AI and related investment opportunities, exploring specialized AI training and courses can provide practical knowledge. Resources like Complete AI Training offer a range of courses tailored to various skills and roles within the AI sector.