PRVT vs. ITOL

Last updated Jul 10, 2026

PRVT (Tema Listed Private Managers ETF) and ITOL (Tema International Durable Quality ETF) are both exchange-traded funds - PRVT is a Financials Equities fund actively managed by Tema, while ITOL is a Foreign Large Cap Equities fund actively managed by Tema. Both are actively managed. PRVT charges 0.75%/yr vs 0.60%/yr for ITOL.

Performance

PRVT vs. ITOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema Listed Private Managers ETF (PRVT) and Tema International Durable Quality ETF (ITOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PRVT

• 1D: 2.08%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ITOL

• 1D: 0.00%
• 1M: 0.00%
• 6M: -1.82%
• YTD: 0.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PRVT vs. ITOL - Yearly Performance Comparison

	2026 (YTD)
PRVT Tema Listed Private Managers ETF	1.57%
ITOL Tema International Durable Quality ETF	0.00%

Return for Risk

PRVT vs. ITOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Listed Private Managers ETF (PRVT) and Tema International Durable Quality ETF (ITOL). 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

PRVT vs. ITOL - Drawdown Comparison

The maximum PRVT drawdown since its inception was -2.95%, smaller than the maximum ITOL drawdown of -15.54%. Use the drawdown chart below to compare losses from any high point for PRVT and ITOL.

Drawdown Indicators

	PRVT	ITOL	Difference
Max Drawdown Largest peak-to-trough decline	-2.95%	-15.54%	+12.59%
Current Drawdown Current decline from peak	-0.93%	-5.46%	+4.53%
Average Drawdown Average peak-to-trough decline	-0.97%	-3.79%	+2.82%

Volatility

Volatility by Period

	PRVT	ITOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	39.67%	16.78%	+22.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.67%	16.78%	+22.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.67%	16.78%	+22.89%

PRVT vs. ITOL - Expense Ratio Comparison

PRVT has a 0.75% expense ratio, which is higher than ITOL's 0.60% expense ratio.

Dividends

PRVT vs. ITOL - Dividend Comparison

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

Position	TTM	2025
ITOL Tema International Durable Quality ETF	0.13%	0.13%
PRVT Tema Listed Private Managers ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, PRVT or ITOL?

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, PRVT or ITOL?

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

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

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

What is the main difference between PRVT and ITOL?

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