{
 "ticker": "IVES",
 "name": "Dan IVES Wedbush AI Revolution ETF",
 "issuer": "Wedbush",
 "desk": "themes",
 "url": "https://etfiq.com/funds/ives",
 "html": "https://etfiq.com/funds/ives",
 "markdown": "https://etfiq.com/funds/ives.md",
 "as_of": "2026-09-11",
 "verdict": "IVES holds 30 stocks, and 26% 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": "73.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IVES, already in the S&P 500: 73.9%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "66.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IVES, active share vs the S&P 500: 66.5%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "50.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IVES, top ten holdings: 50.4%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+29.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "IVES, total return, 1 year: +29.6%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$997m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "IVES, net assets: $997m (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": "IVES, 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": "Jun 4, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "73.9%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "66.5%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "62.6%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "55.6%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "50.4%",
   "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": "ADVANCED MICRO DEVICES INC 6.3%, BROADCOM INC 5.4%, AMAZON.COM INC 5.4%, ALPHABET INC 5.4%, TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 5.0%, NVIDIA CORP 4.8%, APPLE INC 4.7%, MICRON TECHNOLOGY INC 4.7%, MICROSOFT CORP 4.4%, GE VERNOVA INC 4.2%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$997m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22125.5%",
   "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": "1.13%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "FAI 56%, AIX 50%, AIQ 48%, ALAI 46%, AOTG 45%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+6.7%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+3.4 pts",
   "Gap to Nasdaq-100": "+7.4 pts"
  },
  {
   "window": "6 months",
   "Total return": "+32.3%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+16.3 pts",
   "Gap to Nasdaq-100": "+11.6 pts"
  },
  {
   "window": "1 year",
   "Total return": "+29.6%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+12.1 pts",
   "Gap to Nasdaq-100": "+6.6 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+56.0%",
   "S&P 500": "+30.1%",
   "Gap to S&P 500": "+26.0 pts",
   "Gap to Nasdaq-100": "+20.0 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of IVES is in S&P 500 companies?",
   "a": "By its holdings filed for Apr 30, 2026, 74% of IVES by weight is stocks the S&P 500 already holds. Its active share against the index is 66%, so that share is the part doing something different."
  },
  {
   "q": "What does IVES hold?",
   "a": "30 positions as filed for Apr 30, 2026, with the top ten at 50% of the fund. The largest are ADVANCED MICRO DEVICES INC at 6.3%, BROADCOM INC at 5.4%, AMAZON.COM INC at 5.4%."
  },
  {
   "q": "Has IVES beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 IVES returned +29.6% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 12.1 points."
  },
  {
   "q": "What does IVES cost?",
   "a": "The prospectus expense ratio is 0.75% a year. Because 66% of the fund differs from the S&P 500, the fee on that differing part works out at 1.13%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}