{
 "ticker": "IVEP",
 "name": "Dan IVES Wedbush AI Power & Infrastructure ETF",
 "issuer": "Wedbush",
 "desk": "themes",
 "url": "https://etfiq.com/funds/IVEP",
 "html": "https://etfiq.com/funds/IVEP",
 "markdown": "https://etfiq.com/funds/IVEP.md",
 "as_of": "2026-09-11",
 "verdict": "IVEP holds 30 stocks, and 29% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "71.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IVEP, already in the S&P 500: 71.2%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.0%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IVEP, active share vs the S&P 500: 97.0%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "41.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IVEP, top ten holdings: 41.4%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "\u22120.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IVEP, total return, since launch: \u22120.1%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$9m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "IVEP, net assets: $9m (SEC filing, whole fund, as filed for Apr 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Aug 28, 2026",
   "as_of": "2026-09-11",
   "sentence": "IVEP, expense ratio: 0.75% (485BPOS XBRL, Aug 28, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Artificial intelligence",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 8, 2026",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "71.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "97.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "11.3%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "98.9%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "41.4%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "30",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Apr 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "BLOOM ENERGY CORP 5.0%, QUANTA SERVICES INC 4.3%, GE VERNOVA INC 4.2%, VERTIV HOLDINGS COMPANY 4.1%, SIEMENS ENERGY AG 4.1%, EATON CORP PLC 4.1%, NEXTERA ENERGY INC 3.9%, SCHNEIDER ELECTRIC SE 3.9%, MONOLITHIC POWER SYSTEMS INC 3.9%, CONSTELLATION ENERGY CORP 3.9%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$9m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221210.9%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.75%",
   "source": "485BPOS XBRL, Aug 28, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.77%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "AIPO 40%, TSES 38%, VOLT 37%, ZAP 35%, POWR 35%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22124.5%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22127.8 pts",
   "Gap to Nasdaq-100": "\u22123.8 pts"
  },
  {
   "window": "Since launch",
   "Total return": "\u22120.1%",
   "S&P 500": "+13.3%",
   "Gap to S&P 500": "\u221213.5 pts",
   "Gap to Nasdaq-100": "\u221218.2 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of IVEP is in S&P 500 companies?",
   "a": "By its holdings filed for Apr 30, 2026, 71% of IVEP by weight is stocks the S&P 500 already holds. Its active share against the index is 97%, so that share is the part doing something different."
  },
  {
   "q": "What does IVEP hold?",
   "a": "30 positions as filed for Apr 30, 2026, with the top ten at 41% of the fund. The largest are BLOOM ENERGY CORP at 5.0%, QUANTA SERVICES INC at 4.3%, GE VERNOVA INC at 4.2%."
  },
  {
   "q": "Has IVEP beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 IVEP returned \u22120.1% with distributions reinvested, against +13.3% for the S&P 500, so it finished behind the index by 13.5 points."
  },
  {
   "q": "What does IVEP cost?",
   "a": "The prospectus expense ratio is 0.75% a year. Because 97% of the fund differs from the S&P 500, the fee on that differing part works out at 0.77%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}