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The Best AI ETF Could Surge 200% by 2030: Is It in Your Portfolio?
The Motley Foolยท 2025-11-26 09:30
Core Insights - The Dan Ives Wedbush AI Revolution ETF has the potential for significant gains if the AI trend continues to grow, as assessed by analyst Dan Ives [1][2] - Dan Ives is recognized for his expertise in identifying AI winners, having consistently supported stocks like Nvidia and Tesla, and describes the AI opportunity as "generational" [2] ETF Overview - The ETF debuted in June and has quickly accumulated over $882 million in assets under management (AUM) within five months, indicating strong investor interest [5] - The ETF does not engage in active stock-picking but follows the Solactive Wedbush Artificial Intelligence index, which includes 30 AI enablers and hyperscalers [7] - The ETF's top holdings include major tech stocks, representing approximately one-third of the portfolio's value [8] Growth Potential - AI spending is projected to rise from $1.5 trillion in 2023 to $2 trillion by 2026, which could benefit the ETF's holdings [9] - Dan Ives predicts that "peak AI" is at least seven years away, suggesting a long-term growth trajectory for the ETF [10] - The ETF also has exposure to AI leaders beyond the "Magnificent Seven," including companies like Broadcom, Palantir Technologies, and Oracle, which may benefit from the next phase of AI development [10]