Dan Ives Launches IVES AI Revolution ETF, reaches $100M in AUM in a week

AI ETFs can be a tool to hedge the AI revolution

Famous tech investor Dan Ives Launches IVES AI Revolution ETF (NYSE: IVES) with Wedbush Amid Growing Demand for AI Exposure. The ETF has quickly gained attention—not just for its branding, but for its strategy, holdings, and potential to stand out in a crowded space.

Within just five trading days of its June 2025 launch, IVES surpassed $100 million in Assets Under Management, reflecting strong investor interest. The actively managed fund centers around Ives’ proprietary “AI 30” — a curated basket of 30 companies he believes are best positioned to lead the artificial intelligence revolution.

The fund provides diversified exposure across the AI ecosystem, including semiconductors, hyperscalers, cybersecurity, cloud platforms, robotics, and more. Key holdings include many of the “Magnificent Seven” such as:

Microsoft (5.67%)

Nvidia (5.37%)

Meta, Amazon, Alphabet, Apple

Palantir, Broadcom, Taiwan Semiconductor

Each position is capped at under 6%, allowing for balanced allocation and reduced concentration risk.

IVES is marketed as an actively managed alternative to passive AI ETFs, which often rely on rule-based screens. The fund's 0.75% expense ratio reflects the active approach and research-driven portfolio selection by Ives, who is widely followed for his bullish AI outlook and commentary on CNBC and other platforms.

While AI ETFs have existed for years, many investors have noted that their holdings often include legacy tech and automation firms with only indirect exposure to artificial intelligence. IVES aims to offer a more focused, theme-driven portfolio that captures the essence of the AI revolution.

TheMarketAI.com Take

A welcome entry to the nascent AI ETF market. We expect to see more investment groups enter this field as it attracts more and more attention. In our piece on the main AI ETFs, we saw that AI ETFs performance was generally in line with the broader market. We hope to see AI ETFs emerge as their own sector that can also potentially be used as a hedge.

The IVES AI Revolution ETF seems to focus more consistently on true AI-related stocks. However, many of these giants have very broad businesses, so their performance will be affected by many parameters other than AI.

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