Dan IVES Wedbush AI Revolution ETF (IVES)

Overview

The Dan Ives Wedbush AI Revolution ETF (WIV) is an actively managed ETF focused on investing in companies that are expected to benefit from the advancement and adoption of artificial intelligence technologies. It targets companies across various sectors that are involved in AI development, implementation, and infrastructure. The fund employs a thematic investment strategy, aiming to capitalize on the growth potential of the AI revolution.

Reputation and Reliability

Wedbush ETFMG is the issuer. While ETFMG has a history of thematic ETFs, their reputation is still developing compared to larger ETF providers. Their reliability is established, but their presence is more niche-focused.

Management Expertise

Dan Ives, a well-known technology analyst at Wedbush Securities, is associated with the ETF, bringing technology sector expertise to the fund's management. The ETFMG management team also has experience in launching and managing ETFs.

Goal

To seek long-term capital appreciation by investing in companies expected to benefit from the AI revolution.

Investment Approach and Strategy

Strategy: The ETF is actively managed and does not track a specific index. It employs a thematic investment approach, selecting companies based on their involvement in AI-related activities.

Composition The ETF primarily holds stocks of companies involved in AI, including software, hardware, and cloud computing providers, among other related industries.

Market Share: The Dan Ives Wedbush AI Revolution ETF's market share is relatively small compared to larger, more established technology or AI-focused ETFs.

Total Net Assets (AUM): 2700000

Key Competitors

• Global X Robotics & Artificial Intelligence ETF (BOTZ)
• ROBO Global Robotics and Automation Index ETF (ROBO)
• iShares Robotics and Artificial Intelligence Multisector ETF (IRBO)

Competitive Landscape

The AI ETF market is competitive, with several established players. WIV differentiates itself through active management and Dan Ives' expertise. However, it faces the challenge of competing with larger ETFs with more established track records and higher AUM. A disadvantage is its expense ratio compared to some passive ETFs.

Historical Performance: Historical performance data will depend on the period analyzed. It is important to consider performance relative to benchmarks and competitors.

Benchmark Comparison: The ETF's performance should be compared to a relevant benchmark, such as a broad technology index or a customized AI-focused index, to assess its effectiveness.

Expense Ratio: 0.75

Average Trading Volume

The average trading volume for WIV is relatively moderate, which may impact trade execution for larger orders.

Bid-Ask Spread

The bid-ask spread for WIV can vary, but is typically around 0.1%, impacting the cost of trading.

Market Environment Factors

The ETF's performance is influenced by factors such as the growth of the AI industry, technological advancements, regulatory developments, and overall market sentiment towards technology stocks.

Growth Trajectory

The ETF's growth trajectory will depend on its ability to attract assets, generate strong returns, and maintain a competitive expense ratio. Changes to its strategy and holdings may reflect adjustments to capitalize on evolving AI trends.

Competitive Edge

WIV's competitive edge lies in its active management approach and the technology sector expertise of Dan Ives. The fund aims to identify and invest in companies best positioned to benefit from the AI revolution, potentially generating alpha compared to passive AI ETFs. This focus on active selection and a thematic approach differentiates it from broader technology ETFs. The active approach provides flexibility to adjust holdings based on changing market dynamics and AI developments, allowing for dynamic portfolio optimization.

Volatility

The ETF's volatility is likely to be high, reflecting the inherent risk associated with investing in technology and AI-focused companies.

Market Risk

The ETF is exposed to market risk, including the risk of declines in technology stocks, changes in interest rates, and macroeconomic factors that could negatively impact the AI industry.

Ideal Investor Profile

The ideal investor for WIV is one seeking long-term capital appreciation through exposure to the AI sector. Investors should be comfortable with a higher level of risk and understand the potential volatility associated with technology stocks.

Market Risk

WIV is best suited for long-term investors with a higher risk tolerance who are looking to gain exposure to the growth potential of the AI revolution. It may be less suitable for passive index followers seeking broad market exposure.

The Dan Ives Wedbush AI Revolution ETF (WIV) offers a targeted approach to investing in the AI sector through active management and thematic selection. Its success depends on the AI sector's continued growth and management's stock-picking skills. While WIV offers potential for high growth, it also carries a higher level of risk and a higher expense ratio compared to passive options. Investors should carefully evaluate their risk tolerance and investment goals before investing in WIV. Its relatively small AUM makes it sensitive to potential inflows and outflows.

Data Sources:

• ETF issuer's website
• Financial news websites
• FactSet

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and a thorough understanding of the risks involved.