EDGU vs WELD
3EDGE Dynamic US Equity ETF vs Tema US Manufacturing & Reshoring ETF
Which is better, EDGU or WELD?
WELD has been ahead.
WELD has a lower expense ratio. WELD led over 1Y. WELD is less concentrated, with 60.8% of the fund in its ten largest positions against 94.6%.
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 | EDGU | WELD |
|---|---|---|
| Expense Ratio | 0.91% | 0.75%Best |
| AUM | $101M | $270M |
| Dividend Yield | 0.69% | 0.25% |
| Holdings | 30 | 94 |
| YTD Return | +11.37%Best | -16.87% |
| 1Y Return | +14.59% | - |
| Top 10 Weight | 94.6% | 60.8%Best |
| Fund Family | 3 EDGE Asset Management | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 3, 2024 | May 10, 2023 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
EDGU 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.
EDGU vs WELD Performance
3EDGE Dynamic US Equity ETF (EDGU) is an ETF from 3 EDGE Asset Management and Tema US Manufacturing & Reshoring ETF (WELD) is an ETF from Tema Global Limited. Year to date, EDGU is up 11.37% versus a loss of 16.87% for WELD.
Past performance does not guarantee future results.
Fees and Cost Over Time
EDGU charges 0.91% per year while WELD charges 0.75%. On a $10,000 position that is $91 vs $75 annually, a gap of $16 per year that compounds over a long holding period. On income, EDGU currently yields 0.69% against 0.25% for WELD.
Holdings Overlap
We hold position weights for 14 holdings in EDGU and 42 in WELD, totalling 100.0% 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 14 positions we hold weights for in EDGU and 42 in WELD, against full books of 30 and 94.
What only one of them owns
Our book lists 8 positions for WELD that do not appear in our book for EDGU (41.1% of the fund), and 14 for EDGU that do not appear in WELD (100.0%).
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 EDGU 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, EDGU or WELD?
EDGU has an expense ratio of 0.91% while WELD charges 0.75%. WELD is the cheaper option, by $16 a year on a $10,000 investment.
Which pays a higher dividend, EDGU or WELD?
EDGU yields 0.69% while WELD yields 0.25%, so EDGU currently pays the higher dividend yield.
Is WELD better than EDGU?
WELD has a lower expense ratio. WELD led over 1Y. WELD is less concentrated, with 60.8% of the fund in its ten largest positions against 94.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.