Dan IVES Wedbush AI Revolution UCITS ETF lists on the London Stock Exchange in USD and GBX

HANetf listed the Dan IVES Wedbush AI Revolution UCITS ETF on the London Stock Exchange on 11 November 2026, with two trading lines: IVES, traded in US dollars, and IVEP, traded in pence sterling (GBX).

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Article created by the editorial staff of ETFWorld.co.uk

Cullen Rogers, Chief Investment Officer of Wedbush Fund Advisers

The ETF, launched in partnership with Wedbush Fund Advisers, tracks an index of 30 companies selected from the artificial intelligence research of technology analyst Dan Ives.

The London listing follows the fund’s debut on Xetra and Borsa Italiana on 10 November. It gives UK investors access to a UCITS version of a US strategy that, according to HANetf, passed USD 1 billion in assets within five months of launch.

Two London lines for the AI ETF: IVES and IVEP

The two London lines refer to the same accumulating share class and share the same ISIN. They differ in trading currency and SEDOL.

Both lines are admitted to the Main Market of the London Stock Exchange (MIC: XLON) and trade on the ETFS service with Euroclear Bank settlement.

UK investors should note that the London ticker IVEP identifies the GBX line of this UCITS ETF. In the United States, the same ticker is used by a different fund, the Dan Ives Wedbush AI Power & Infrastructure ETF.

Fund structure: TER, replication and share class

The main features of the ETF are:

ISIN: IE00035K8IR6

Issuer: HANetf ICAV

Total expense ratio (TER): 0.75%

Income treatment: accumulating (income is retained and reinvested)

Asset class: equity

Management style: passive

Fund currency: US dollar

Benchmark: Solactive Dan IVES Wedbush AI Revolution Index (NTR)

According to HANetf, the fund adopts a passive management strategy and seeks to replicate the index. As far as possible and practicable, it invests in the index constituents in proportion to their index weightings.

The GBX line is a trading line, not a currency-hedged share class. Investors who buy in pence sterling remain exposed to movements between the pound and the currencies of the underlying holdings.

The index: 30 companies from Dan Ives’ AI research

The constituents are drawn from “The AI Revolution Theme”, a multi-year research piece by Dan Ives that identifies 30 listed companies at the core of the AI spending cycle. The list is referred to in the launch material as the IVES AI 30.

HANetf states that the ETF targets companies involved in the infrastructure and deployment of AI across six areas:

semiconductors;

hyperscalers;

cybersecurity;

consumer platforms;

robotics;

cloud infrastructure.

The issuer describes the index construction as balanced and designed to reduce concentration risk while keeping a focused thematic exposure. The portfolio nonetheless holds about 30 stocks, which is a narrow base compared with broad equity benchmarks.

Where the ETF trades in Europe

With the London listing, the ETF is available on three European exchanges and in three trading currencies.

According to HANetf, the Dan IVES Wedbush AI Revolution UCITS ETF is Wedbush Fund Advisers’ first product on the HANetf platform.

Cullen Rogers, Chief Investment Officer of Wedbush Fund Advisers, said: “Since launching IVES in the US, we have seen strong demand for direct, research-driven access to the companies powering the AI revolution. We are pleased to partner with HANetf to offer European investors that same access through a UCITS ETF, and we look forward to building on this momentum.”

Dan Ives, Partner and Senior Managing Director, Tech Analyst at Yorkville Ives, said: “The AI Revolution is the most transformative tech shift we’ve seen in decades. The companies included in the IVES AI 30 are leading the charge in this next phase of AI, shaping how tech will transform every industry.”

Hector McNeil, Co-Founder and Co-CEO of HANetf, said: “We’re delighted to welcome Wedbush Fund Advisers to our platform with the launch of the Dan IVES Wedbush AI Revolution UCITS ETF. Artificial intelligence is one of the defining investment themes of this era, and European investors have been looking for focused ways to access it.”

He added: “The ETF gives European investors access to 30 companies at the core of the AI spending cycle, selected using the research of Dan Ives. The US ETF passed USD 1 billion in assets within five months of launch, which shows the appetite for this research-led approach.”

“It is encouraging to see Wedbush bring its research-led approach to European investors through the UCITS ETF structure,” McNeil said.

The US IVES ETF and its asset growth

The US-listed Dan IVES Wedbush AI Revolution ETF, also traded under the ticker IVES, is a separate fund managed by Wedbush Fund Advisers. It launched on 3 June 2025.

According to HANetf, the US fund passed USD 1 billion in assets under management by 29 October 2025, less than five months after launch. The UCITS ETF follows the same research-based selection but is a distinct product, with its own structure, costs and asset base.

Dan Ives’ move from Wedbush to Yorkville Ives

Dan Ives led technology research at Wedbush Securities for eight years as Global Head of Technology Research. On 1 July 2026, Wedbush announced that he had left the firm to set up a new investment banking venture.

On 15 July 2026, Ives and Yorkville Securities announced the creation of Yorkville Ives & Co., a merchant bank. In the material for the European launch, Ives is presented as Partner and Senior Managing Director, Tech Analyst at Yorkville Ives.

The Wedbush name remains in the names of both the fund and the index, and Wedbush Fund Advisers is HANetf’s partner on the UCITS ETF. The constituents continue to be drawn from Ives’ research, which he now publishes from Yorkville Ives.

Conclusions

From 11 November 2026, the Dan IVES Wedbush AI Revolution UCITS ETF trades on the London Stock Exchange in US dollars (IVES) and in pence sterling (IVEP). The fund is also listed on Xetra and Borsa Italiana in euros.

The main elements for investors to assess are the concentration on about 30 stocks, the TER of 0.75%, the currency exposure of the GBX line and the dependence of the index on the research of a single analyst, who since July 2026 works at Yorkville Ives & Co. rather than at Wedbush.

Source: ETFWorld.co.uk