This video provides a detailed analytical breakdown of the Dan Ives Wedbush AI Revolution ETF (IVES) using our platform’s proprietary tools. The analysis is conducted in three distinct steps to provide a comprehensive understanding of the fund’s strategy, competitive positioning, and key differentiators.
1. Benchmark Overlap Analysis
First, we assess how IVES compares to established large-cap growth and technology benchmarks. We conduct a direct overlap analysis against three major ETFs:
- Invesco QQQ Trust (QQQ)
- iShares Russell 1000 Growth ETF (IWF)
- Technology Select Sector SPDR Fund (XLK)
The analysis reveals that IVES shares approximately 41-42% of its portfolio weight with these funds. We also examine specific holdings to show that IVES is currently underweight mega-cap names like Nvidia and Microsoft relative to these market-cap-weighted strategies, highlighting its active differentiation.
2. Competitive Landscape Identification
Next, we use our Fund Comps tool to identify the ETFs that are most similar to IVES based on its underlying holdings. This analysis instantly scans the entire ETF marketplace and finds that funds focused on disruptive technology and AI, such as the Global X Artificial Intelligence & Technology ETF (AIQ), have the highest overlap—around 54% by weight. This step clarifies the fund’s true competitive set beyond the broad benchmarks.
3. Portfolio Visualization and Profitability Deep Dive
Finally, the core of the analysis utilizes our Portfolio Visualizer tool for a security-by-security look at the fund’s 30 holdings. The key step here involves changing the heat map’s data visualization from standard performance metrics to Net Income. This unique view immediately distinguishes between the highly profitable mega-cap companies and the more speculative, currently non-profitable holdings (such as Zscaler, MongoDB, and CyberArk). This reveals that a key part of the IVES strategy is its significant overweight allocation to these high-growth but speculative names, which will likely be the primary drivers of the fund’s long-term relative performance.
Disclosures
This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.
This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.
