HANetf and Wedbush launch AI UCITS ETF with 30 stocks

HANetf and Wedbush Fund Advisers launched the Dan IVES Wedbush AI Revolution UCITS ETF, ticker IVES, a passive fund holding 30 companies drawn from Dan Ives' AI research.

The fund tracks the Solactive Dan IVES Wedbush AI Revolution Index (NTR), holding securities in proportion to index weights. The 30 names span semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics and cloud infrastructure. The announcement said the portfolio is built to reduce concentration risk while keeping high-conviction thematic exposure. The fee was not disclosed.

European fund selectors get a UCITS version of a strategy whose US-listed fund crossed $1 billion in less than five months. The US-listed Dan IVES Wedbush AI Revolution ETF launched June 3, 2025, and reached that mark by Oct. 29, 2025. This is Wedbush Fund Advisers' first product on the HANetf platform.

Wedbush Fund Advisers chief investment officer Cullen Rogers said: "Since launching IVES in the US, we have seen strong demand for direct, research-driven access to the companies powering the AI revolution."

Ives' name is on the fund, but the portfolio is an index. Holdings and weights come from the Solactive index; the fund's task is to match index performance before fees and expenses, not trade on Ives' views. Five days before IVES, HANetf listed the equal-weight Defiance Mag7 UCITS ETF, as Private Wealth Daily reported: a second index-tracking fund on the same shelf, with seven names rather than 30.