ADPV vs WELD
Adaptiv Select ETF vs Tema US Manufacturing & Reshoring ETF
Which is better, ADPV or WELD?
WELD has been ahead.
WELD has a lower expense ratio. WELD led over 1Y. ADPV is less concentrated, with 45.5% of the fund in its ten largest positions against 60.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ADPV | WELD |
|---|---|---|
| Expense Ratio | 1.00% | 0.75%Best |
| AUM | $176M | $270M |
| Dividend Yield | 0.69% | 0.25% |
| Holdings | 28 | 94 |
| YTD Return | -0.81%Best | -16.87% |
| 1Y Return | -3.77% | - |
| 3Y Return (annualized) | +22.15% | - |
| Top 10 Weight | 45.5%Best | 60.8% |
| Fund Family | Adaptive ETFs | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 4, 2022 | May 10, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
ADPV vs WELD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ADPV vs WELD Performance
Adaptiv Select ETF (ADPV) is an ETF from Adaptive ETFs and Tema US Manufacturing & Reshoring ETF (WELD) is an ETF from Tema Global Limited. Year to date, ADPV is down 0.81% versus a loss of 16.87% for WELD.
Past performance does not guarantee future results.
Fees and Cost Over Time
ADPV charges 1.00% per year while WELD charges 0.75%. On a $10,000 position that is $100 vs $75 annually, a gap of $25 per year that compounds over a long holding period. On income, ADPV currently yields 0.69% against 0.25% for WELD.
Holdings Overlap
We hold position weights for 26 holdings in ADPV and 42 in WELD, totalling 99.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 26 positions we hold weights for in ADPV and 42 in WELD, against full books of 28 and 94.
What only one of them owns
Our book lists 8 positions for WELD that do not appear in our book for ADPV (41.1% of the fund), and 22 for ADPV that do not appear in WELD (84.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of ADPV and WELD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ADPV or WELD?
ADPV has an expense ratio of 1.00% while WELD charges 0.75%. WELD is the cheaper option, by $25 a year on a $10,000 investment.
Which pays a higher dividend, ADPV or WELD?
ADPV yields 0.69% while WELD yields 0.25%, so ADPV currently pays the higher dividend yield.
Is WELD better than ADPV?
WELD has a lower expense ratio. WELD led over 1Y. ADPV is less concentrated, with 45.5% of the fund in its ten largest positions against 60.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.