CANC vs WELD
Tema Oncology ETF vs Tema US Manufacturing & Reshoring ETF
Which is better, CANC or WELD?
CANC has been ahead.
CANC led over 1Y. CANC is less concentrated, with 40.0% 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 | CANC | WELD |
|---|---|---|
| Expense Ratio | 0.75%Tie | 0.75%Tie |
| AUM | $197M | $270M |
| Dividend Yield | 0.05% | 0.25% |
| Holdings | 118 | 94 |
| YTD Return | +14.86%Best | -16.87% |
| 1Y Return | +34.85% | - |
| 3Y Return (annualized) | +22.41% | - |
| Top 10 Weight | 40.0%Best | 60.8% |
| Fund Family | Tema Global Limited | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 15, 2023 | May 10, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
CANC 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.
CANC vs WELD Performance
Tema Oncology ETF (CANC) is an ETF from Tema Global Limited and Tema US Manufacturing & Reshoring ETF (WELD) is an ETF from Tema Global Limited. Year to date, CANC is up 14.86% versus a loss of 16.87% for WELD.
Past performance does not guarantee future results.
Fees and Cost Over Time
CANC charges 0.75% per year while WELD charges 0.75%. On a $10,000 position that is $75 vs $75 annually. On income, CANC currently yields 0.05% against 0.25% for WELD.
Holdings Overlap
We hold position weights for 59 holdings in CANC and 42 in WELD, totalling 100.1% 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 59 positions we hold weights for in CANC and 42 in WELD, against full books of 118 and 94.
What only one of them owns
Our book lists 8 positions for WELD that do not appear in our book for CANC (41.1% of the fund), and 49 for CANC that do not appear in WELD (81.1%).
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 CANC 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, CANC or WELD?
CANC has an expense ratio of 0.75% while WELD charges 0.75%. At the precision these are quoted to, they cost the same.
Which pays a higher dividend, CANC or WELD?
CANC yields 0.05% while WELD yields 0.25%, so WELD currently pays the higher dividend yield.
Is WELD better than CANC?
CANC led over 1Y. CANC is less concentrated, with 40.0% 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.