Tema U.S. Manufacturing & Reshoring ETF
$53.77+0.23 (+0.42%)
- Expense ratio
- 0.75%
- Fund size
- $270M
- 1Y return
- +24.5%
- Yield · Last 12 months
- 0.25%
- Holdings
- 23
- Volume · 30D
- 0M sh
- NAV per share
- $53.19
- 52W range
The ETF.net WELD Grade
Score 38 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 20Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 39Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 69Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 36Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 66Category rank
Our read on WELD
DMost reshoring funds buy the whole factory floor. WELD picks roughly two dozen U.S. industrial names by hand, with a valuation screen built into the mandate, and it was doing this in 2023 before the index giants turned up.
The Fund seeks long-term growth.
Why people hold it
- Actively run rather than indexed: around 26 U.S. industrial names chosen by an industrials portfolio manager, not a rules-based basket of a hundred-plus tickers.temaetfs.com
- Valuation is written into the strategy: it targets reshoring companies priced attractively against their own fundamentals and growth, a rarity in thematic land.
- An early mover in the theme. It listed in May 2023 as RSHO, more than a year before iShares brought its U.S. manufacturing index fund (MADE) to market.businesswire.cominvesting.com
- Among the reshoring and supply-chain funds we review, it sits in the upper half of the group, with tradability its stronger suit.
Worth knowing
- At 0.75% a year it matches the median for its peer group, but broader index rivals cost less: MADE at 0.40% and IETC at 0.18%.
- Roughly 26 holdings concentrated in Industrials, Materials and Utilities means one company or one sector cycle can move the whole fund.temaetfs.com
- It trades thinly next to the category's index heavyweights, so bid-ask spreads can run wider than headline expenses suggest.
WELD Holdings
- Stocks
- 23
- 61%
- CGNX
Sectors
- Industrials73.5%
- Technology16.6%
- Materials8.3%
- Energy1.6%
Geography
- United States82.57%
- United Kingdom4.85%
- Ireland4.77%
- Taiwan4.14%
- Switzerland3.67%
WELD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | WELD |
|---|---|
| Year to date | +20.8% |
| 1 month | −4.0% |
| 3 months | −14.4% |
| 1 year | +24.5% |
| 3 years | +25.0% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | WELD |
|---|---|---|
| 2026 YTD | +20.8% | |
| 2025 | +19.2% | |
| 2024 | +17.3% | |
| 2023 | +28.3% |
WELD in the news
ETF.net Research hasn’t filed on WELD yet — coverage lands here as it’s written.
WELD Dividends
- 0.25%
- $0.13
- $0.13 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 10, 2025 | Dec 11, 2025 | $0.13 |
| Dec 11, 2024 | Dec 12, 2024 | $0.10 |
| Dec 13, 2023 | Dec 15, 2023 | $0.08 |
WELD Risk
- 23.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.82
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −27.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.29
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
WELD Cost
- The middle half of Reshoring & Supply Chain funds
- Median 0.64%
5 of the 8 Reshoring & Supply Chain funds charge less.