Dan Ives’ Latest AI ETF Goes Beyond the Mag 7, Focusing on the ‘Circulatory System’ of a Tech Revolution

When it comes to Hollywood, sequels are rarely better than the original. In the world of thematic ETFs, however, sequels are often designed to fix the holes left by the first act. So when I was alerted to the recent debut of the Dan Ives Wedbush AI Power & Infrastructure ETF (IVEP) now three weeks young, I initially figured this was a case of Wedbush going back to the well to offer the same thing, just by a different name.

This is all too common in the fund world – and it has been for decades. Issuers launch funds that sound different, but act largely the same.