ITOL vs. WELD

Last updated Jul 11, 2026

ITOL (Tema International Durable Quality ETF) and WELD (Tema U.S. Manufacturing & Reshoring ETF) are both exchange-traded funds - ITOL is a Foreign Large Cap Equities fund actively managed by Tema, while WELD is a Industrials Equities fund actively managed by Tema. Both are actively managed. ITOL charges 0.60%/yr vs 0.75%/yr for WELD.

Performance

ITOL vs. WELD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema International Durable Quality ETF (ITOL) and Tema U.S. Manufacturing & Reshoring ETF (WELD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ITOL

• 1D: 0.00%
• 1M: 0.00%
• 6M: -2.23%
• YTD: 0.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WELD

• 1D: 0.64%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ITOL vs. WELD - Yearly Performance Comparison

	2026 (YTD)
ITOL Tema International Durable Quality ETF	0.00%
WELD Tema U.S. Manufacturing & Reshoring ETF	-9.05%

Return for Risk

ITOL vs. WELD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema International Durable Quality ETF (ITOL) and Tema U.S. Manufacturing & Reshoring ETF (WELD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ITOL vs. WELD - Drawdown Comparison

The maximum ITOL drawdown since its inception was -15.54%, which is greater than WELD's maximum drawdown of -10.50%. Use the drawdown chart below to compare losses from any high point for ITOL and WELD.

Drawdown Indicators

	ITOL	WELD	Difference
Max Drawdown Largest peak-to-trough decline	-15.54%	-10.50%	-5.04%
Current Drawdown Current decline from peak	-5.46%	-9.05%	+3.59%
Average Drawdown Average peak-to-trough decline	-3.80%	-6.28%	+2.48%

Volatility

Volatility by Period

	ITOL	WELD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.74%	37.93%	-21.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.74%	37.93%	-21.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.74%	37.93%	-21.19%

ITOL vs. WELD - Expense Ratio Comparison

ITOL has a 0.60% expense ratio, which is lower than WELD's 0.75% expense ratio.

Dividends

ITOL vs. WELD - Dividend Comparison

ITOL's dividend yield for the trailing twelve months is around 0.13%, while WELD has not paid dividends to shareholders.

Position	TTM	2025
ITOL Tema International Durable Quality ETF	0.13%	0.13%
WELD Tema U.S. Manufacturing & Reshoring ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ITOL or WELD?

On fees, ITOL is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ITOL or WELD?

ITOL is cheaper with a 0.60% expense ratio, compared with 0.75% for WELD.

Which ETF pays a higher dividend yield, ITOL or WELD?

ITOL has the higher dividend yield at 0.13%, compared with 0.00% for WELD.

What is the main difference between ITOL and WELD?

ITOL is categorized as Foreign Large Cap Equities, while WELD is Industrials Equities. Their fees differ too: 0.60% for ITOL and 0.75% for WELD.