Wedbush Funds

Name

Wedbush Funds

Legal name

Wedbush Fund Advisers, LLC

Website

https://wedbushfunds.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Wedbush Funds is a Pasadena-based ETF sponsor and subsidiary of Wedbush Securities that distributes thematic and actively managed ETFs on NYSE Arca, serving RIAs, family offices, and institutional and retail investors seeking AI, infrastructure, leadership-quality, and value exposures.

Ownership category

akta.pro rank

Product category

Exchange-Traded Funds (Asset Management)

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector & Industry Equity ETFs (FSAAAFAC)

Keywords

• Thematic ETFs
• Asset management
• Investment funds
• Equity research
• Fund management

Headquarters

HQ city

Pasadena

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. ETF Advisory Fees: Wedbush Fund Advisers earns revenue through advisory fees charged as a percentage of assets under management (AUM). Each ETF has a Total Expense Ratio (TER) that covers fund operations, management, and administration costs. As AUM grows, revenue increases proportionally. The company takes on advisory responsibilities while sub-advisers may manage specific strategies.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Wedbush Fund Advisers, LLC (dba Wedbush Funds) sponsors and manages a suite of thematic exchange-traded funds listed on NYSE Arca, including the IVES AI Revolution ETF, IVEP AI Power & Infrastructure ETF, EXEQ ReturnOnLeadership U.S. Large-Cap ETF, and TGLR New Era Value ETF. The funds are constructed using proprietary research frameworks from Wedbush Securities' technology team and partner firms, and are distributed through Foreside Fund Services to RIAs, family offices, wealth managers, and institutional investors. Revenue is generated through asset-based advisory fees on AUM.

Product overview

Wedbush Funds is a platform of exchange-traded funds (ETFs) launched in 2024 by Wedbush Fund Advisers, building on Wedbush's 70-year legacy. The product suite comprises four distinct ETFs: IVES (Dan Ives Wedbush AI Revolution ETF) provides concentrated exposure to 30 AI-leading companies based on Dan Ives' proprietary research; IVEP (Dan Ives Wedbush AI Power & Infrastructure ETF) targets companies powering AI through energy and infrastructure buildout; EXEQ (Wedbush ReturnOnLeadership U.S. Large-Cap ETF) offers exposure to 50 large-cap companies with superior leadership execution using Indiggo's AI-driven analytics; and TGLR (Wedbush LAFFER|TENGLER New Era Value ETF) provides actively managed value-oriented large-cap exposure sub-advised by Laffer Tengler Investments.

Differentiator

Problem solved

Functional benefit

Brands

• IVES (Dan Ives Wedbush AI Revolution ETF): ETF providing exposure to companies at the heart of the AI Revolution, tracking the Solactive Dan Ives Wedbush AI Revolution Index
• IVEP (Dan Ives Wedbush AI Power & Infrastructure ETF)
• EXEQ (Wedbush ReturnOnLeadership U.S. Large-Cap ETF)
• TGLR (Wedbush LAFFER|TENGLER New Era Value ETF)

Products and services

• IVES - Dan Ives Wedbush AI Revolution ETF An actively managed ETF providing exposure to 30 companies at the core of the AI spending cycle, built on Dan Ives' proprietary research framework covering semiconductors, hyperscalers, cybersecurity, consumer platforms, robotics, and cloud infrastructure. For investors seeking concentrated AI-theme exposure via a transparent, liquid ETF wrapper with intraday trading. Total Expense Ratio of 0.75% annually.
• IVEP - Dan Ives Wedbush AI Power & Infrastructure ETF An actively managed ETF providing targeted exposure to companies powering the AI boom through power generation, electrification, grid modernization, data center infrastructure, and cooling. Built on the Dan Ives AI Power 30 Research Report and tracking the Solactive Wedbush AI Power & Infrastructure Index. Total Expense Ratio of 0.38% annually.
• EXEQ - Wedbush ReturnOnLeadership U.S. Large-Cap ETF An ETF targeting the top 50 U.S. large-cap companies demonstrating superior corporate leadership execution, powered by Indiggo's AI-driven analytics and ReturnOnLeadership framework assessing strategic clarity, leadership alignment, and focused execution. Tracks the Solactive Indiggo ReturnOnLeadership US Large Cap Index.
• TGLR - Wedbush LAFFER|TENGLER New Era Value ETF An actively managed ETF focused on high-quality, large-cap companies with attractive valuations, strengthening fundamentals, and growing free cash flow. Sub-advised by Laffer Tengler Investments with a high-conviction active management approach. Total Expense Ratio of 0.85% annually.

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and flagship.

• Laffer Tengler InvestmentscoreImplementation/ SI/ Consulting Partner · 13 April 2026Laffer Tengler Investments serves as sub-adviser for the Wedbush LAFFER|TENGLER New Era Value ETF (TGLR), providing high-conviction active management focused on high-quality, large-cap companies with attractive valuations and strong free cash flow generation. The firm specializes in serving high net-worth individuals and families with proprietary investment philosophy and research.
• Indiggo LLCcoreStrategic or Co-development Partner · 13 February 2026Partnership between Wedbush Fund Advisers and Indiggo LLC to launch the Wedbush ReturnOnLeadership U.S. Large-Cap ETF (EXEQ). The ETF uses Indiggo's proprietary ReturnOnLeadership framework, which assesses corporate leadership quality across four dimensions: connection to organizational purpose, strategic clarity, leadership alignment, and focused execution. Solactive serves as index calculation agent for the underlying Solactive Indiggo ReturnOnLeadership US Large Cap Index.
• SolactivecoreTechnology or IntegrationSolactive serves as index provider for multiple Wedbush Funds ETFs. The Solactive Dan IVES Wedbush AI Revolution Index underlies the IVES ETF, while the Solactive Wedbush AI Power & Infrastructure Index underlies IVEP. Solactive calculates and administers the indexes used for ETF tracking.
• Foreside Fund ServicescoreChannel Partner/ Reseller/ DistributorForeside Fund Services, LLC serves as the distributor for all Wedbush Funds ETFs. The firm handles the regulatory distribution requirements and provides compliance infrastructure for the fund family.
• Dan Ives (Wedbush Securities)flagshipStrategic or Co-development PartnerDan Ives, Managing Director and Global Head of Technology Research at Wedbush Securities, provides proprietary research and brand association for the Dan Ives Wedbush AI Revolution ETF (IVES) and Dan Ives Wedbush AI Power & Infrastructure ETF (IVEP). His research framework identifies 30 core AI beneficiaries for the IVES portfolio.

Scale indicators7 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Direxion: Established thematic and leveraged ETF sponsor offering concentrated thematic products across multiple themes. Comparable to Wedbush Funds' product design, though with a longer operating history and broader product lineup.
• Simplify Asset Management: Thematic ETF sponsor offering concentrated, factor- and theme-driven ETFs (e.g., AI, options income). Comparable to Wedbush Funds in its use of differentiated, research- or framework-driven methodologies to construct actively themed products.
• KraneShares: Niche, research-driven thematic ETF sponsor (China, climate, technology). Comparable to Wedbush Funds in its reliance on proprietary research frameworks to define thematic baskets and its focus on a small number of high-conviction products.
• Roundhill Investments: Independent, thematic-focused ETF sponsor of similar vintage and scale (e.g., Roundhill AI, Ball Metaverse). Both firms build branded, narrative-driven thematic ETFs around identifiable research/creative frameworks and distribute through NYSE Arca.
• Global X Funds: Established thematic ETF sponsor offering concentrated thematic baskets in AI, blockchain, robotics, and infrastructure. Directly comparable in product design to Wedbush Funds' IVES and IVEP, though with broader distribution and longer track record.
• Pacer Funds: Independent ETF sponsor known for factor- and trend-based strategies, including US large-cap and value-oriented products. Comparable to Wedbush Funds' TGLR (value) and EXEQ (large-cap leadership) in its strategy-driven product construction.
• ProShares: Major thematic, leveraged, and smart-beta ETF sponsor. Comparable to Wedbush Funds in offering thematic ETFs across disruptive technology themes, but with much greater scale and broader distribution.
• GraniteShares: Independent ETF sponsor offering thematic and leveraged products with concentrated baskets. Comparable in scale and approach to Wedbush Funds, particularly for single-theme ETFs such as the AI-themed IVES.
• Defiance ETFs: Thematic ETF sponsor focused on disruptive technology themes including AI, with actively constructed baskets comparable to IVES and IVEP in design and distribution approach.

Broad incumbents

• First Trust: Large, established ETF sponsor with a robust thematic and factor-based product line. Indirectly comparable as a competitor for RIA/wealth distribution shelf space and as a broader incumbent in the thematic ETF category where Wedbush Funds competes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/WedbushFunds
• Facebookfacebook.com/wedbushfunds
• LinkedInlinkedin.com/company/wedbushfunds
• Instagraminstagram.com/wedbushfunds

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wedbush Funds