Wedbush Fund Advisers has launched the Dan IVES Wedbush AI Power & Infrastructure ETF (ticker: IVEP), an exchange-traded fund that tracks the Solactive Wedbush AI Power & Infrastructure Index.
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Article created by the editorial staff of ETFWorld.co.uk
Matt Bromberg Chief Operating Officer of Wedbush Fund Advisers
The ETF is designed to offer investors targeted exposure to companies positioned to benefit from growing demand for electricity generation, transmission grid expansion and energy-efficient technologies that support the development of AI and digital infrastructure. The launch is based on the thematic vision and research of technology analyst Dan Ives, whose perspective on the next phase of AI adoption has played a central role in defining the index’s design and focus.
The Context: AI and Energy Demand
The rapid expansion of AI adoption is reshaping the physical infrastructure needed to support the digital economy. As new AI-focused data centres come online, demand is rising for reliable electricity generation, transmission capacity, grid modernisation and technologies that improve energy efficiency across increasingly energy-intensive systems.
According to estimates from Wedbush Research, electricity consumption by data centres in the United States could reach around 470 terawatt-hours by 2030, approximately 23% higher than current consensus forecasts, driven by AI workloads that require significantly more power than traditional cloud computing. Infrastructural constraints such as transmission timelines, equipment availability and baseload power supply are expected to shape the pace of expansion, and efficiency improvements are unlikely to reduce overall energy demand as AI usage grows.
Index Methodology
The Solactive Wedbush AI Power & Infrastructure Index is constructed using research by technology analyst Dan Ives. ARTIS® technology, Solactive’s proprietary natural language processing algorithm, is used to establish a broad initial universe of companies relevant to AI infrastructure and electrification. From there, defined thresholds for market capitalisation and trading volume are applied, and companies must be included in the Wedbush Industry Note on Disruptive Technology entitled “Physical Foundation of the AI Revolution: Energy a Key Beneficiary of Buildout” (the “Wedbush Research Note”) to be eligible for selection.
The index applies a modified market capitalisation-weighted approach, seeking to provide diversified and meaningful exposure across the energy and AI infrastructure value chain. It is rebalanced quarterly, with additional updates possible following the publication of changes to the Wedbush Research Note.
The ETF was listed on 8 April 2026 on NYSE Arca under the ticker symbol IVEP. The expense ratio is 0.75%.
Timo Pfeiffer, Chief Markets Officer at Solactive, said: ” Following the successful launch of the Dan IVES Wedbush AI Revolution ETF last year, we are delighted to extend our collaboration with Wedbush Fund Advisers to the infrastructure side of AI development. This is a prime example of how differentiated research can be combined with bespoke index engineering to create targeted market access to one of the most important enablers of AI adoption.”
Matt Bromberg, Chief Operating Officer of Wedbush Fund Advisers, added: “As AI adoption accelerates, energy and infrastructure are emerging as key drivers. The deployment and adoption of AI ultimately require energy, and the scale of demand is creating significant opportunities for companies enabling that development. We designed IVEP to provide investors with access to this physical backbone of AI.”
The Four Investment Segments
The ETF invests across four key segments identified in Wedbush’s “IVES Power 30” research:
Power generation and fuel supply – companies involved in power generation and fuel supply to meet the growing demand from AI data centres.
Network and data centre infrastructure – operators of transmission infrastructure, power grids and physical facilities housing AI hardware.
Energy equipment and management – manufacturers of components, energy management systems and cooling technologies necessary for the efficient operation of energy-intensive data centres.
Enabling materials and technologies – suppliers of critical materials, specialised semiconductors and other technologies essential for the construction and expansion of AI infrastructure.
Geographical and Currency Composition
According to Solactive’s factsheet updated on 8 April 2026, the index has a concentrated geographical composition: 77.4% of assets are allocated to US companies, followed by Ireland (10.7%), Germany (4.5%) and France (4.1%). The currency distribution is dominated by the US dollar (88.1%), with the euro (8.6%) and the Canadian dollar (3.3%) as other significant exposures.
Previous: Dan IVES Wedbush AI Revolution ETF (IVES)
The launch of IVEP follows the Dan IVES Wedbush AI Revolution ETF (ticker: IVES), launched on 4 June 2025, the first ETF on the Wedbush platform. IVES, which tracks the Solactive Wedbush Artificial Intelligence Index, raised over $182 million in assets in its first five days of trading and reached approximately $910 million in assets under management by October 2025. IVES also has an expense ratio of 0.75% and focuses on 30 companies at the heart of the AI revolution, covering semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics and cloud infrastructure.
Wedbush Fund Advisers
Wedbush Fund Advisers was launched in 2024 to capitalise on Wedbush’s 70-year legacy of market insight, innovation and client trust. The firm’s mission is to design cutting-edge investment strategies that reflect the evolving nature of markets and investor priorities. Led by a team of professionals with decades of experience in asset management, the firm is committed to offering products that extend Wedbush’s tradition of excellence into the next era of investment innovation.
Source: ETFWorld.co.uk
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