MADE vs SUPP: Grades, Fees and Holdings Compared

iShares U.S. Manufacturing ETF

MADEBNYSE Arca

TCW Transform Supply Chain ETF

SUPPDNasdaq

Overlap

6.5%by weight

Expense ratio

MADE −0.35pt a year

MADE0.40%SUPP0.75%

Avg volume · 30D

MADE 38.7×the volume

MADE15KSUPP387

MADE vs SUPP Performance

Oct 31, 2025 – Oct 30, 2026

+9.4%MADE+0.9%SUPP

Expense ratio: MADE 0.40%, better; SUPP 0.75%
Fund size: MADE $54M; SUPP $11M
1Y total return: MADE +9.4%, better; SUPP +0.9%
Yield (12M): MADE 0.67%, better; SUPP 0.00%
Holdings: MADE 114; SUPP 27
Avg volume (30D): MADE 15K sh, better; SUPP 387 sh
NAV per share: MADE $33.56; SUPP $73.32
52W range

ETF.net Grade

Pillar letters and Scores for MADE, SUPP, with each pillar’s weight
Pillar	MADE	SUPP
Cost30% weight	A78Higher	F22
Mission25% weight	Not scored	B60
Risk15% weight	C52	C52
Tradability15% weight	C52Higher	F15
Holdings10% weight	A71Higher	C41
Durability5% weight	C54Higher	C43

Rank among Reshoring & Supply Chain funds

How we build Categories ›

Same Category. MADE and SUPP are both graded against the same 7 Reshoring & Supply Chain funds, so their Grades compare head to head.

Reshoring & Supply Chain⁠

Category · 7 funds

See all 7 ›

MADE ranks 3rd and SUPP 7th of 7 funds in the Reshoring & Supply Chain Category.

Rank 1AIETCiShares U.S. Tech Independence Focused ETFScore 71
Rank 2BDRESGMO Domestic Resilience ETFScore 68
Rank 3BMADEiShares U.S. Manufacturing ETFScore 65
Rank 4CDGLOFirst Trust RBA Deglobalization ETFScore 40
Rank 6DNRSHAztlan North America Nearshoring Stock Selection ETFScore 36
Rank 7DSUPPTCW Transform Supply Chain ETFScore 30

Our read on each fund

ETF.net Research

MADEBiShares U.S. Manufacturing ETF

SUPPDTCW Transform Supply Chain ETF

In short

MADE The reshoring theme, done index-style: roughly 110 US companies that earn real revenue from making things, from factory floors to chipmaking gear, at 0.40% a year while the peer group's median fee is 0.75%.

SUPP Reshoring, stock-picked. SUPP is an active, roughly 30-name book on the companies rebuilding North American supply chains: factories, freight and the automation in between, run by TCW's analysts since February 2023.

Stated mandate

MADE The fund seeks to track an index of U.S. companies with substantial manufacturing-related revenue, including industrial manufacturing, automotive, electronics, and semiconductor-manufacturing equipment. It provides focused exposure to domestic manufacturing and possible reshoring trends.

SUPP The fund seeks concentrated exposure to companies driving or benefiting from the relocation of supply chains to North America, particularly across manufacturing, transportation, and automation.

Why people hold it

MADE Charges 0.40% a year against a 0.75% median for its reshoring peer group, where WELD and SUPP both sit at 0.75%.
Spreads across about 110 US names through an S&P index covering industrial manufacturing, autos, electronics and semiconductor equipment.
Rules-based index rather than a manager's hunch, quarterly distributions, and iShares plumbing behind it. One of the stronger builds in the reshoring group.

SUPP Active by design: TCW's managers pick roughly 30 names rather than taking whatever a reshoring screen spits out.tcw.com
Covers the whole chain, not just the factory floor: manufacturing, transportation and automation tied to the shift toward North America.tcw.com
Trading since February 2023, so the theme comes with a live multi-year record of real decisions instead of a backtest.

Worth knowing

MADE Launched in 2024, so the record is short and hasn't spanned a full industrial cycle.
Trades lighter than the big broad-market funds, so spreads can run wider, especially near the open and close.
Not the cheapest in the cohort: iShares' own IETC runs 0.18%, though it targets tech independence rather than broad manufacturing.

SUPP A small fund that trades thinly. Spreads can be wider than on big index ETFs, and larger orders can move the price.
The 0.75% fee is par for active thematics, but index-built rivals like IETC and MADE charge far less for reshoring exposure.
About 30 holdings, concentrated by mandate: individual picks and a couple of sectors carry real weight in the ride.

Full MADE profile⁠

Full SUPP profile⁠

MADE vs SUPP Holdings

How MADE and SUPP differ

Overlap by weight

6.5%

Shared holdings make up 13.9% of SUPP and 7.8% of MADE.

Level by level

Sector10 Sectors0.0%
Holdings5 in both6.5%
Countryby domicile79.6%
Asset classEquity100%

Sector

Sector weights in MADE and SUPP, widest gap first
Sector	More in MADEMore in SUPP	MADE	SUPP
Capital Goods	MADE +76.3 points	76.3%	0.0%
Industrials	SUPP +47.1 points	0.0%	47.1%
Technology	SUPP +42.2 points	0.0%	42.2%
Tech Hardware & Equip	MADE +14.6 points	14.6%	0.0%
Autos & Components	MADE +7.1 points	7.1%	0.0%
Consumer Discretionary	SUPP +6.8 points	0.0%	6.8%
Materials	SUPP +3.9 points	0.0%	3.9%
Semiconductors & Semiconductor Equipment	MADE +0.9 points	0.9%	0.0%
Commercial & Professional Services	MADE +0.8 points	0.8%	0.0%
Consumer Durables	MADE +0.2 points	0.2%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in MADE and SUPP, widest gap first
Country	More in MADEMore in SUPP	MADE	SUPP
United States	MADE +16.5 points	96.1%	79.6%
Taiwan	SUPP +9.2 points	0.0%	9.2%
Netherlands	SUPP +5.2 points	0.0%	5.2%
Germany	SUPP +3.2 points	0.0%	3.2%
China	MADE +3.1 points	3.1%	0.0%
Canada	SUPP +2.8 points	0.0%	2.8%
United Kingdom	MADE +0.8 points	0.8%	0.0%

Concentration

Weight in the 10 largest Holdings

MADE37.2%
SUPP58.6%

Securities held

MADE111
SUPP27

Asset class

MADE: Equity
SUPP: Equity

Holdings

Only in MADE106
In both5
Only in SUPP22

Only in MADE

106 securities, 91.8% of MADE by weight

Deere4.23%
Amphenol Corp Class A4.14%
Rtx4.11%
General Motors3.82%
Eaton PLC3.78%
Parker-Hannifin3.74%
Honeywell International Inc3.44%
Cummins Inc3.43%
Vertiv Holdings Class A3.23%
Te Connectivity PLC3.07%
Johnson Controls International PLC2.98%
Ametek Inc2.75%
Paccar Inc2.67%
Honeywell Aerospace Inc2.43%
Rockwell Automation Inc2.41%
Ford Motor Co2.39%
Bloom Energy Class A2.16%
Boeing2.07%
Coherent2.05%
Lockheed Martin1.98%
Teledyne Technologies1.52%
Carrier Global1.46%
General Dynamics Corp1.44%
Dover1.39%
Northrop Grumman Corp1.14%
Fortive0.98%
Snap On Inc0.92%
Hubbell Inc0.81%
L3HARRIS Technologies0.79%
Stanley Black & Decker0.78%
Lincoln Electric Holdings0.75%
Nvent Electric PLC0.73%
Xylem Inc0.71%
First Solar0.68%
Rivian Automotive Class A0.59%
Fabrinet0.58%
Axon Enterprise0.53%
Toro0.51%
Rocket Lab Corp0.46%
Allison Transmission Holdings0.44%
Advanced Energy Industries0.44%
Ttm Technologies Inc0.43%
Nextpower Inc0.43%
Oshkosh Corp0.43%
Generac Holdings0.42%
Regal Rexnord0.38%
Ralliant0.37%
Graco0.36%
Lennox International0.36%
Pentair0.35%

Only in SUPP

22 securities, 86.1% of SUPP by weight

Taiwan Semiconductor-Sp Adr9.03%
NVIDIA Corp8.59%
Eaton Corp PLC6.34%
Martin Marietta Materials5.54%
Amazon.com Inc5.29%
Asml Holding Nv-Ny Reg Shs5.14%
Lam Research Corp5.12%
Cognex Corp4.83%
Carpenter Technology4.13%
Csx Corp3.64%
Gfl Environmental Inc-Sub Vt3.30%
Siemens Ag-Reg /Eur/3.14%
Forgent Power Solutions-Cl A3.02%
Saia Inc2.87%
Ingersoll-Rand Inc2.76%
Canadian Pacific Kansas City2.73%
Advanced Drainage Systems In2.05%
Broadcom Inc2.03%
Cashusd1.75%
Api Group Corp1.65%
Ferguson Enterprises Inc1.61%
O'reilly Automotive Inc1.53%

Weight gaps

All 5 Holdings in both funds, largest gap first.

Holding weights in MADE and SUPP, widest gap first
Holding	More in MADEMore in SUPP	MADE	SUPP
Transdigm GroupTDG	SUPP +3.63 points	0.97%	4.60%
LittelfuseLFUS	SUPP +1.94 points	0.50%	2.44%
Caterpillar IncCAT	MADE +1.30 points	3.24%	1.94%
Trane Technologies PLCTT	SUPP +1.00 points	2.98%	3.98%
Symbotic Class ASYM	SUPP +0.82 points	0.14%	0.96%

All 111 MADE holdings⁠All 26 SUPP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

MADE vs SUPP Cost

Overpaying SUPP vs MADE

$6,392

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

MADE 0.40%
$8,090
SUPP 0.75%
$14,482

Amount$10,000

Years30 years

Cost over time

MADE 0.40%
SUPP 0.75%
Overpaying

Year by year

Year	MADE	SUPP	Overpaying
10	$723	$1,336	$613
20	$2,793	$5,078	$2,285
30	$8,090	$14,482	$6,392

Expense ratio

0.40%MADE, cheaper
0.75%SUPP

MADE0.40%SUPP0.75%

0.18%0.76%

Middle half of Reshoring & Supply Chain funds
Median 0.70%

MADE 2nd cheapest of 7 funds

SUPP 5th cheapest of 7 funds

MADE vs SUPP Dividends

Last 12 months to Oct 30, 2026

Yield (12M): MADE 0.67%, better; SUPP 0.00%
Payout (12M): MADE $0.22; SUPP None
Last payment: MADE $0.07; SUPP No data
Ex-dividend: MADE Sep 15, 2026; SUPP No data
Paid on: MADE Sep 18, 2026; SUPP No data
Frequency: MADE Quarterly; SUPP No data

Distribution history

Per share, 2023 to 2026, same scale for both

MADEQuarterly · 9 paymentsAll MADE payments⁠

SUPP8 paymentsAll SUPP payments⁠

MADE vs SUPP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: MADE 18.9%since Aug 2024SUPP 20.0%
Return per unit of riskSharpe ratio, 3 years: MADE 0.69since Aug 2024SUPP 0.63
Worst fallMax drawdown, 5 years: MADE −23.8%since Jul 2024SUPP −23.7%since Feb 2023
Market sensitivityBeta, 5 years: MADE 1.17SUPP 1.25; Market = 1

MADE and SUPP in the news

All news⁠

ETF Filings
Wedbush files for a 50-stock analog ETF that excludes AI, chips and data centers
Sep 7, 2026MADE

Popular comparisons

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MADEBvsDGLOC
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SUPPDvsDGLOC
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0.75% · 0.70%
Category

MADE vs SUPP

In short

Stated mandate

Why people hold it

Worth knowing

How MADE and SUPP differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in MADE

Only in SUPP

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Wedbush files for a 50-stock analog ETF that excludes AI, chips and data centers

How MADE and SUPP differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in MADE

Only in SUPP

Weight gaps