Dan Ives’ Wedbush AI Revolution ETF launched today under the ticker IVES. This exchange-traded fund is built around Ives’ picks from his "AI 30" research list, which includes tech giants like Nvidia (NVDA) and Tesla (TSLA).
The IVES ETF has an expense ratio of 0.75%. It taps into the rising interest in AI investments, a space increasingly crowded with similar funds.
Ives, a prominent tech analyst, has a huge following—over 180,000 on X. He recently called AI the “biggest tech transformation in over 40 years,” likening AI chips to “the new gold and oil.” 
The ETF includes other major players like Palantir (PLTR), Broadcom (AVGO), and members of the “Magnificent 7."
“We are proud to offer investors exposure to the AI Revolution through the IVES ETF,” said Wedbush CEO Gary Wedbush in a statement.
The AI trade has picked up momentum, with key stocks like Tesla and Nvidia seeing gains of about 20% in the last month. Investors are watching closely as earnings reports for several of these companies approach.
