Contact Us

Author: [email protected]

Wedbush Enters the ETF Market

Los Angeles, CA – February 18, 2025 – Wedbush, a Los Angeles-based financial services firm with global reach, and a legacy of innovation and client-focused investment solutions, introduces Wedbush Fund Advisers and announces its entry into the rapidly growing exchange-traded fund (ETF) market.

What is an ETF-and Why They’ve Become Core Portfolio Building Blocks

In the evolving landscape of investment products, few innovations have reshaped portfolio construction as meaningfully as the Exchange-Traded-Fund (ETF). Once considered a passive alternative to mutual funds, ETFs have become foundational instruments for institutions and individual investors alike—offering broad access, liquidity, and cost efficiency.

Thematic ETFs Today

In an investment landscape shaped by rapid technological change and evolving consumer behavior, many investors are seeking to position their portfolios to benefit from the trends shaping the future.

How to Evaluate an ETF Before You Invest

In a market saturated with thousands of exchange-traded-funds (ETFs)—each offering varying exposures, structures, and costs—thoughtful due diligence is essential. For allocators, advisors, and direct investors alike, evaluating an ETF is about far more than past performance. It’s about understanding the mechanics, risks, and alignment with portfolio objectives.

The Solactive Wedbush Artificial Intelligence Index represents U.S.-listed equities identified as significant enablers or adopters of artificial intelligence technologies through their strategic focus, partnerships, innovation, product development, or integration of AI into their operations.

AI Technology Risk. AI technology is generally highly reliant on the collection and analysis of large amounts of data, and itis not possible or practicable to incorporate all relevant data into the model that such AI utilizes to operate. Certain data insuch models will inevitably contain a degree of inaccuracy and error – potentially materially so – and could otherwise beinadequate or flawed, which would be likely to degrade the effectiveness of the AI technology. Companies involved in, orexposed to, artificial intelligence-related businesses may have limited product lines, markets, financial resources or personnel. These companies face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing the consumer base of their respective products and services. Many of these companies are also reliant on the end-user demand of products and services in various industries that may in part utilize artificial intelligence. Further,many companies involved in, or exposed to, artificial intelligence-related businesses may be substantially exposed to the market and business risks of other industries or sectors, and the Fund may be adversely affected by negative developments impacting those companies, industries or sectors.

Calculation Methodology Risk. The Index relies directly or indirectly on various sources of information to assess the criteria of issuers included in the Index, including information that may be based on assumptions and estimates. Neither the Fund nor the Adviser can offer assurances that the Index’s calculation methodology or sources of information will provide an accurate assessment of included issuers or a correct valuation of securities, nor can they guarantee the availability or timeliness of the production of the Index.

Concentration Risk. The Fund’s investments will be concentrated in an industry or group of industries to the extent that the Index is so concentrated. In such event, the value of the Shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries.

Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at WedbushFunds.com. Read the prospectus carefully before investing.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Wedbush Funds are distributed by Foreside Fund Services, LLC.

Connect With Us

Linkedin X-twitter Instagram Facebook

Corporate Location

225 S. Lake Ave., Penthouse
Pasadena | CA | 91101
Contact Us

Latest Discount As of 6/5/2025

NAV $25.18
Market Price $25.24
Premium (Discount) $0.06
Premium Discount % 0.23%

Current View 2025 Q2 As of 6/5/2025

Days at Premium 1
Days at NAV 0
Days at Discount 0
Greatest Premium 0.23%
Greatest Discount 0.23%

Latest Discount As of 6/5/2025

Hover over the chart points for details

View chart Explanation
Download Chart Data (.csv)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund’s underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

Latest Discount As of 6/5/2025

NAV $25.18
Market Price $25.24
Premium (Discount) $0.06
Premium Discount % 0.23%

Current View 2025 Q2 As of 6/5/2025

Days at Premium 1
Days at NAV 0
Days at Discount 0
Greatest Premium 0.23%
Greatest Discount 0.23%

Latest Discount As of 6/5/2025

Hover over the chart points for details

View chart Explanation
Download Chart Data (.csv)

How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund’s underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

Distribution History
Ex-Date Record Date Payable Date Amount
2025
01/11/2025 01/11/2025 01/11/2025 $0.257400
03/25/2025 03/25/2025 03/25/2025 $0.357400

Subscribe for Wedbush Funds News and Updates