An AI-focused ETF by Dan Ives offers a diversified approach to investing in AI
From NASDAQ.: 2025-07-03 09:07:00
The “Magnificent Seven” AI stocks dominate Wall Street, accounting for 32.3% of the S&P 500 and 61.9% of the Nasdaq 100. But their high valuations raise concerns of a future price correction.
Analyst Dan Ives introduces an AI-focused ETF with a unique index structure, offering a diversified approach beyond the top-ranked AI giants. The fund rebalances quarterly, preventing any single stock from dominating the portfolio.
The Dan Ives ETF’s annual expense ratio is 0.75%, higher than S&P 500 index funds. Despite the “Magnificent Seven” stocks making up a significant portion of the fund, caps ensure diversification among 30 AI companies.
Investing in AI comes with risks, but the Dan Ives ETF offers a lower-risk option with potential for long-term growth. While its performance is yet to be fully evaluated, the fund’s unique structure and experienced analyst backing make it an intriguing choice.
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Read more at NASDAQ.: This Dan Ives-Backed ETF Could Be the Smartest Way to Play the AI Revolution