MEDX vs WELD
Horizon Kinetics Medical ETF vs Tema US Manufacturing & Reshoring ETF
Which is better, MEDX or WELD?
WELD has been ahead.
WELD has a lower expense ratio. WELD led over 1Y.
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 | MEDX | WELD |
|---|---|---|
| Expense Ratio | 0.85% | 0.75%Best |
| AUM | $16M | $270M |
| Dividend Yield | 1.16% | 0.25% |
| Holdings | 68 | 94 |
| YTD Return | +6.58%Best | -16.87% |
| 1Y Return | +14.21% | - |
| 3Y Return (annualized) | +9.64% | - |
| Fund Family | Horizon Kinetics LLC | Tema Global Limited |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 27, 2023 | May 10, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
MEDX 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.
MEDX vs WELD Performance
Horizon Kinetics Medical ETF (MEDX) is an ETF from Horizon Kinetics LLC and Tema US Manufacturing & Reshoring ETF (WELD) is an ETF from Tema Global Limited. Year to date, MEDX is up 6.58% versus a loss of 16.87% for WELD.
Past performance does not guarantee future results.
Fees and Cost Over Time
MEDX charges 0.85% per year while WELD charges 0.75%. On a $10,000 position that is $85 vs $75 annually, a gap of $10 per year that compounds over a long holding period. On income, MEDX currently yields 1.16% against 0.25% for WELD.
Holdings Overlap
We hold position weights for 31 holdings in MEDX and 42 in WELD, totalling 91.6% 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 31 positions we hold weights for in MEDX and 42 in WELD, against full books of 68 and 94.
You are not choosing between two funds in isolation.
Whichever of MEDX 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, MEDX or WELD?
MEDX has an expense ratio of 0.85% while WELD charges 0.75%. WELD is the cheaper option, by $10 a year on a $10,000 investment.
Which pays a higher dividend, MEDX or WELD?
MEDX yields 1.16% while WELD yields 0.25%, so MEDX currently pays the higher dividend yield.
Is WELD better than MEDX?
WELD has a lower expense ratio. WELD led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.