IVES ETF — Dan IVES Wedbush AI Revolution ETF

Dan IVES Wedbush AI Revolution ETF (IVES)

IVES is an ETF that tracks the Solactive Wedbush Artificial Intelligence Index. its trailing-12-month yield is 0.33%, its expense ratio is 0.75%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 58.9% over the past 1.3 years, 29.0 points ahead of SPY at 29.9%.

This ETF tracks the Solactive Wedbush Artificial Intelligence Index, which comprises roughly 30 US-listed companies identified by Wedbush analyst Dan Ives as key enablers and adopters in the AI revolution, spanning semiconductors, cloud hyperscalers, software, and cybersecurity. The fund carries a low distribution rate with annual distributions and has an expense ratio of 0.75%. It appeals to investors seeking concentrated exposure to artificial intelligence-related equities, though the non-diversified structure concentrates risk within the relatively small number of holdings.

IVES performance versus SPY

Price and return data through 2026-09-18.

Total return is 58.9% over the past 1.3 years, 29.0 points ahead of SPY at 29.9%. Its deepest 1-year drawdown was 22.6%.

IVES key facts

Distribution Safety Score™

50 · Unproven

Issuer

Wedbush

Asset type

ETF

Asset class

Equity

Inception date

06/04/2025

Listing date

06/04/2025

Expense ratio

0.75%

Distribution frequency

Annual

Trailing yield

0.33%

Last close

$40.15 (as of 2026-09-18)

NAV

$39.43

Premium / discount

1.83% premium

AUM

$1,069,790,975

Average volume

190300.0

Last dividend

$0.131

Last ex-dividend date

12/22/2025

Last payment date

12/29/2025

Beta

1.8807

P/E ratio

28.905

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.33%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Wedbush or company page; Index: Solactive Wedbush Artificial Intelligence Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IVES risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 22.6%.

Who may consider IVES — and who may not

It is a weaker fit for investors who need monthly cash flow (IVES pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Wedbush.