ATLASTema U.S. Manufacturing & Reshoring ETF (WELD): outlook, holdings and fees
Tema U.S. Manufacturing & Reshoring ETF (WELD) is an exchange-traded fund and is managed by Tema ETFs. The expense ratio is 0.74% and the yield is 0.24%. The ten largest holdings are 62% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on WELD
| Last price | $49.93 (-3.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 51% |
| Likely 1-month range (50%) | $47.57 – $52.64 |
| Normal 1-day range (±1σ) | ±1.7% |
| Distribution yield | 0.24% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
WELD fund facts
| Issuer | Tema ETFs |
|---|---|
| Theme | US large caps |
| Assets under management | $282M |
| Expense ratio | 0.74% |
| Number of holdings | 23 |
| Portfolio turnover | 0% |
| Inception | May 10, 2023 |
| Exchange | NYSE |
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies domiciled in the United States that are directly or indirectly economically tied to the rebuilding, bringing back of overseas economic activity, and revitalization of the American (i.e., United States) industrial base ("reshoring companies"). The fund is non-diversified.
WELD top holdings
| Holding | Sector | Weight |
|---|---|---|
| Cognex Corporation CGNX | Technology | 7.66% |
| Timken Company TKR | Industrials | 7.54% |
| Gates Industrial Corporation plc GTES | Industrials | 7.20% |
| Applied Industrial Technologies AIT | Industrials | 7.19% |
| Parker-Hannifin Corporation PH | Industrials | 6.75% |
| Terex Corporation TEX | Industrials | 5.37% |
| Ametek Inc AME | Industrials | 5.27% |
| Allegheny Technologies Incorporated ATI | Industrials | 4.98% |
| Powell Industries Inc POWL | Industrials | 5.15% |
| Eaton Corporation PLC ETN | Industrials | 5.03% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
WELD sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 75.8% |
| Technology | 17.9% |
| Basic Materials | 3.8% |
| Consumer Cyclicals | 1.6% |
| Energy | 1.0% |
By region: North America 91.9%, Asia Developed 4.3%, Europe Developed 3.8%.
WELD returns and risk
| Year to date | +26.1% |
|---|---|
| 1 year | +28.0% |
| 3 years (annualised) | +26.9% |
| Volatility (3 years) | 23.1% |
| Sharpe ratio (3 years) | 0.88 |
Past returns do not guarantee future results.
WELD: frequently asked questions
What does WELD invest in?
Tema U.S. Manufacturing & Reshoring ETF invests in a portfolio of securities. Its largest holdings are Cognex Corporation (7.7%), Timken Company (7.5%), Gates Industrial Corporation plc (7.2%), Applied Industrial Technologies (7.2%), Parker-Hannifin Corporation (6.8%).
What is the WELD expense ratio?
0.74% a year: about $74.00 for every $10,000 invested.
What is the WELD dividend yield?
0.24%. ATLAS does not hold the exact distribution dates for ETFs.
Will WELD go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 51%, with a likely range (50%) of $47.57 to $52.64 from $49.93 today. It is a probability, not a prediction.
How has WELD performed?
Year to date +26.1%, one year +28.0%, three years +26.9% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer