Wedbush Securities Launches AI-Focused ETF
Wedbush Securities is making a significant investment in the insights of top tech analyst Dan Ives by introducing a new AI-themed exchange-traded fund (ETF).
This fund is intended to capitalize on the potential of the next wave of artificial intelligence, featuring a selection of 30 stock picks from one of Wall Street’s leading experts.
The Ives AI Revolution ETF, possibly the first of its kind, is a representation of Dan Ives’ unique research as the managing director of Wedbush and the global head of technology research.
“In my 25 years of covering high-tech, I’ve never seen a theme as impactful as the AI revolution,” Ives shared. “We’ve examined 30 technologies that encompass semi-software, infrastructure, and autonomous themes of this fourth industrial revolution. This is just the beginning for the AI Revolution ETF.”
Microsoft, Palantir, Meta, Tesla, Palo Alto, and Nvidia are among the featured names, tying back to the rollout of ChatGPT in 2022, which spurred significant expenditures, largely driven by Nvidia’s dominance in AI chips.
While trade tensions between the U.S. and China and concerns over tariffs have affected some of these companies, Ives remains optimistic.
“The taxes are a concern, creating uncertainty, but it doesn’t sway our belief that we are witnessing the fourth industrial revolution,” he added. “There’s an expected $2 trillion in spending over the next three years. We’re still early in this ongoing game for AI, and the second and third derivative benefits of tech are becoming increasingly focused on AI.”
The ETF, under the ticker Ives, aims to compete with established AI funds managed by iShares, Fidelity, and First Trust, but Wedbush is confident that their active insights combined with a passive structure will provide an edge.
“When compared to others tracking various metrics, our approach is not about arbitrary classifications. It’s about identifying AI-related revenue hurdles. I think many are simply trying to align with trends through Dan’s insights.”
This marks the company’s first venture into ETFs.





