WELD vs. ITOL

Last updated Jun 28, 2026

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

Performance

WELD vs. ITOL - Performance Comparison

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

Returns By Period

WELD

• 1D: -2.82%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ITOL

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.58%
• 6M: 0.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WELD vs. ITOL - Yearly Performance Comparison

	2026 (YTD)
WELD Tema U.S. Manufacturing & Reshoring ETF	-5.19%
ITOL Tema International Durable Quality ETF	0.00%

Return for Risk

WELD vs. ITOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema U.S. Manufacturing & Reshoring ETF (WELD) 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

WELD vs. ITOL - Drawdown Comparison

The maximum WELD drawdown since its inception was -6.34%, smaller than the maximum ITOL drawdown of -15.54%. Use the drawdown chart below to compare losses from any high point for WELD and ITOL.

Drawdown Indicators

	WELD	ITOL	Difference
Max Drawdown Largest peak-to-trough decline	-6.34%	-15.54%	+9.20%
Current Drawdown Current decline from peak	-5.19%	-5.46%	+0.27%
Average Drawdown Average peak-to-trough decline	-4.46%	-3.73%	-0.73%

Volatility

Volatility by Period

	WELD	ITOL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	46.79%	17.12%	+29.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.79%	17.12%	+29.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.79%	17.12%	+29.67%

WELD vs. ITOL - Expense Ratio Comparison

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

Dividends

WELD vs. ITOL - Dividend Comparison

WELD 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%
WELD Tema U.S. Manufacturing & Reshoring ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, WELD 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, WELD or ITOL?

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

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

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

What is the main difference between WELD and ITOL?

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