Compare with Tema U.S. Manufacturing & Reshoring ETF
Key stats
Details
Home page
Inception date
May 11, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tema ETFs LLC
Distributor
Foreside Fund Services LLC
ISIN
US87975E6023
CUSIP
87975E602
FIGI
BBG01GL4H9P6
Identifiers
ISIN US87975E6023
WELD invests in stocks economically tied to the revitalization of the American industrial base. The fund focuses on companies that have communicated major initiatives to transfer business operations back to the US. These companies are predominantly in sectors such as industrials, transport, infrastructure, materials, and semiconductors. To identify potential companies to invest in, the adviser uses a top-down approach by reviewing press coverage, trade groups, segment revenues, equity and debt offering filings, publications, and company disclosures. Holdings may include ex-US companies that have made announcements to move operations to the US. Ultimately, RSHO relies on the adviser's judgement and bottom-up approach to select attractively valued stocks. ESG criteria are also considered when selecting between 15-100 stocks for the portfolio.
Classification
What's in the fund
Exposure type
Producer Manufacturing
Electronic Technology
Breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
WELD trades at 58.23 USD today, its price has fallen −0.73% in the past 24 hours. Track more dynamics on WELD price chart.
WELD net asset value is 58.14 today — it's fallen 4.30% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
WELD assets under management is 297.41 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
WELD price has fallen by −3.97% over the last month, and its yearly performance shows a 39.94% increase. See more dynamics on WELD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −4.30% over the last month, have fallen by −4.30% over the last month, showed a 4.36% increase in three-month performance and has increased by 39.27% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −4.30% over the last month, have fallen by −4.30% over the last month, showed a 4.36% increase in three-month performance and has increased by 39.27% in a year.
WELD fund flows account for 63.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
WELD invests in stocks. See more details in our Profile section.
WELD expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, WELD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, WELD technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WELD shows the buy signal. See more of WELD technicals for a more comprehensive analysis.
Today, WELD technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WELD shows the buy signal. See more of WELD technicals for a more comprehensive analysis.
Yes, WELD pays dividends to its holders with the dividend yield of 0.14%.
WELD trades at a premium (0.16%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
WELD shares are issued by Dawn Global Topco Ltd.
WELD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 11, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.