---
ticker: "WELD"
name: "Tema U.S. Manufacturing & Reshoring ETF"
url: "https://etf.net/etf/WELD"
grade: "D"
score: 39
graded_at: "2026-10-12"
category: "Reshoring & Supply Chain"
category_rank: "6 of 8"
methodology: "https://etf.net/methodology"
---

# WELD: Tema U.S. Manufacturing & Reshoring ETF

Grade **D**, Score 39 of 100. Rank 6 of 8 in Reshoring & Supply Chain.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 20 | 6 of 8 |
| Mission | Not scored | — |
| Risk | 43 | 7 of 8 |
| Tradability | 66 | 3 of 8 |
| Holdings | 38 | 7 of 8 |
| Durability | 66 | 2 of 8 |

## Top holdings

The fund holds 23 positions. These are the largest 23, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | CGNX | Cognex Corp | 7.49% |
| 2 | TKR | Timken Co/The | 7.18% |
| 3 | GTES | Gates Industrial Corp Ltd | 7.04% |
| 4 | AIT | Applied Industrial Technologies Inc | 6.90% |
| 5 | PH | Parker-Hannifin Corp | 6.78% |
| 6 | TEX | Terex Corp | 5.35% |
| 7 | IR | Ingersoll Rand Inc | 5.31% |
| 8 | AME | Ametek Inc | 5.20% |
| 9 | NOVT | Novanta Inc | 5.13% |
| 10 | ATI | Ati Inc | 5.06% |
| 11 | ETN | Eaton Corp PLC | 5.04% |
| 12 | POWL | Powell Industries Inc | 4.99% |
| 13 | CAT | Caterpillar Inc | 4.88% |
| 14 | TSM | Taiwan Semiconductor Manufacturing Co Ltd | 3.98% |
| 15 | LIN | Linde PLC | 3.90% |
| 16 | ROK | Rockwell Automation Inc | 3.88% |
| 17 | ABBN.SW | Abb Ltd | 3.72% |
| 18 | SPXC | Spx Technologies Inc | 3.17% |
| 19 | APG | Api Group Corp | 2.04% |
| 20 | MOD | Modine Manufacturing Co | 1.51% |
| 21 | WMB | Williams Cos Inc/The | 1.05% |
| 22 | — | Cash & Cash Equivalents | 0.42% |
| 23 | THRM | Gentherm Inc | 0.00% |

Source: etf.net, https://etf.net/etf/WELD. Please cite the page URL.