WELD vs. POW

Last updated Jul 18, 2026

WELD (Tema U.S. Manufacturing & Reshoring ETF) and POW (VistaShares Electrification Supercycle ETF) are both exchange-traded funds - WELD is a Industrials Equities fund actively managed by Tema, while POW is a Actively Managed fund actively managed by VistaShares. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

WELD vs. POW - Performance Comparison

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

Returns By Period

WELD

• 1D: -0.45%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

POW

• 1D: 1.39%
• 1M: -12.40%
• 6M: 24.59%
• YTD: 37.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WELD vs. POW - Yearly Performance Comparison

	2026 (YTD)
WELD Tema U.S. Manufacturing & Reshoring ETF	-11.04%
POW VistaShares Electrification Supercycle ETF	-13.46%

Correlation

The correlation between WELD and POW is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 22, 2026	0.66

Return for Risk

WELD vs. POW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema U.S. Manufacturing & Reshoring ETF (WELD) and VistaShares Electrification Supercycle ETF (POW). 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. POW - Drawdown Comparison

The maximum WELD drawdown since its inception was -11.04%, smaller than the maximum POW drawdown of -20.28%. Use the drawdown chart below to compare losses from any high point for WELD and POW.

Drawdown Indicators

	WELD	POW	Difference
Max Drawdown Largest peak-to-trough decline	-11.04%	-20.28%	+9.24%
Current Drawdown Current decline from peak	-11.04%	-19.18%	+8.14%
Average Drawdown Average peak-to-trough decline	-7.35%	-4.64%	-2.71%

Volatility

Volatility by Period

	WELD	POW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	33.23%	33.00%	+0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.23%	33.00%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.23%	33.00%	+0.23%

WELD vs. POW - Expense Ratio Comparison

Both WELD and POW have an expense ratio of 0.75%.

Dividends

WELD vs. POW - Dividend Comparison

WELD has not paid dividends to shareholders, while POW's dividend yield for the trailing twelve months is around 0.14%.

Position	TTM	2025
POW VistaShares Electrification Supercycle ETF	0.14%	0.19%
WELD Tema U.S. Manufacturing & Reshoring ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both WELD and POW in my portfolio?

WELD and POW have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WELD or POW?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WELD or POW?

WELD and POW have the same expense ratio: 0.75% per year.

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

POW has the higher dividend yield at 0.14%, compared with 0.00% for WELD.

What is the main difference between WELD and POW?

WELD is categorized as Industrials Equities, while POW is Actively Managed. They also come from different issuers: Tema and VistaShares.