Dan Ives-Inspired AI ETF Suffered Losses in November — Will There Be Further Declines?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 02 2025
0mins
Should l Buy NVDA?
Source: Benzinga
Performance Decline: The Dan IVES Wedbush AI Revolution ETF experienced a 7.51% decline in November, marking a stall in its initial momentum after a strong performance since its launch in June 2025.
Market Conditions: The decline is attributed to concentration risk in sector-specific funds and a broader market shift where institutional investors moved away from high-growth stocks, impacting the ETF's value.
Volatility Reminder: The situation highlights the high-risk, high-reward nature of thematic ETFs, with the fund's performance being closely tied to the fortunes of its key AI holdings, particularly in the semiconductor and software sectors.
Long-term Outlook: Despite the short-term pullback, the IVES ETF remains up over 27% since inception, suggesting that for long-term investors, such dips may present buying opportunities.
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Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVDA is 264.97 USD with a low forecast of 200.00 USD and a high forecast of 352.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 171.880
Low
200.00
Averages
264.97
High
352.00
Current: 171.880
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms, and DGX Cloud computing services. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating industrial AI and digital twin applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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