Do PIEL and WELD hold the same stocks?

By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, PIEL or WELD?

PIEL has 0% of its weight in S&P 500 names and WELD has 39%, so PIEL differs more from the index.

Which is cheaper, PIEL or WELD?

PIEL charges 0.49% a year and WELD charges 0.75%, so PIEL is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

PIEL vs WELD: Holdings Overlap & Returns

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PIEL and WELD hold 0% of their weight in the same names.

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Net assets on Nov 3, 2026: $1.1m for Pacer International Export Leaders ETF and $251m for Tema U.S. Manufacturing & Reshoring ETF.

PIEL on its own →WELD on its own →

At a glance

PIEL · 6 months to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of PIEL's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jul 31, 2026.

WELD · 3 months to Nov 4, 2026 61% of its weight is outside the S&P 500

39% of WELD's weight is in S&P 500 companies and 61% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

PIEL costs 0.26 points a year less; WELD is far larger, $251m against $1.1m.

Points (pts) are percentage points.

PIEL vs WELD: Holdings Overlap & Returns
Measure	PIEL	WELD
Drawdown
Measure	PIEL	WELD
Below its all-time high		21.1%, high on Jun 30, 2026
Benchmark
Measure	PIEL	WELD
What it tracks	Reshoring and manufacturing	Reshoring and manufacturing
Cost and size
Measure	PIEL	WELD
Expense ratio	0.49%	0.75%
Net assets, as of Nov 3, 2026	$1.1m	$251m
Holdings
Measure	PIEL	WELD
Holdings in common	0%

Method

What they share

By the books each fund has filed, PIEL and WELD hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first PIEL WELD

Only in one fund ↓

Only in PIEL

ASML Holding NV 4.92%

SK hynix Inc 4.54%

Novartis AG 4.38%

Samsung Electronics Co Ltd 4.32%

Roche Holding AG 4.21%

LVMH Moet Hennessy Louis Vuitt 3.69%

AstraZeneca PLC 3.62%

Nestle SA 3.52%

Only in WELD

TIMKEN CO 7.13%

GATES INDUSTRIAL CORP LTD 7.04%

PARKER-HANNIFIN CORP 6.93%

COGNEX CORP 6.90%

APPLIED INDUSTRIAL TECHNOLOGIES INC 6.62%

TEREX CORP 6.45%

INGERSOLL RAND INC 6.07%

NOVANTA INC 5.51%

Check overlap with more funds →

Window by window

Window by window: PIEL vs WELD: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	PIEL	WELD	PIEL	WELD
3 months	−1.3%	−15.4%	+0.3 pts vs EFA	not measured
6 months	+5.4%	–	+2.9 pts vs EFA	–
Since launch	+14.1%	–	+2.6 pts vs EFA	–

– means no data for this window. Open this comparison in the app →

Side by side

PIEL Pacer International Export Leaders ETF · Holds 100 stocks in reshoring and manufacturing, 0% of its weight in S&P 500 companies WELD Tema U.S. Manufacturing & Reshoring ETF · Holds 21 stocks in reshoring and manufacturing, 39% of its weight in S&P 500 companies

Issuer Pacer Tema

Theme Reshoring and manufacturing Reshoring and manufacturing

In the S&P 500 0.0% 38.9%

Active share vs the S&P 500 100.0% 98.0%

In the Nasdaq-100 2.6% 4.5%

Holdings 100 21

Top ten, share of the fund 39.2% 63.1%

Expense ratio 0.49% 0.75%

Fee for the differing part 0.49% 0.77%

Total return, 1 year +14.1% (since launch, Dec 23, 2025) not available

vs its benchmark +2.6 pts vs EFA (since launch, Dec 23, 2025) not available

Below its high −4.2% −21.1%

Net assets, as of Nov 3, 2026 $1.1m $251m

As of Nov 4, 2026. Source: ETFIQ.

0% of the two portfolios are the same securities at the same weight.

Alert

About each fund

PIEL

By weight, 0% of PIEL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 39% of the fund across 100 positions, as filed for Jul 31, 2026. Since it first traded on Dec 23, 2025 the fund returned +14.1% with distributions reinvested.

WELD

By weight, 39% of WELD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 63% of the fund across 21 positions, as published by its issuer for Nov 3, 2026. It sits 21.1% below its all-time high of Jun 30, 2026.

Questions people ask

Do PIEL and WELD hold the same stocks?: By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, PIEL or WELD?: PIEL has 0% of its weight in S&P 500 names and WELD has 39%, so PIEL differs more from the index.
Which is cheaper, PIEL or WELD?: PIEL charges 0.49% a year and WELD charges 0.75%, so PIEL is cheaper. Fees come from each fund's prospectus.

Other comparisons

PIEL vs SUPP PIEL vs MADE PIEL vs PEXL PIEL vs KMCA WELD vs AIRR WELD vs KMCA WELD vs NRSH WELD vs PEXL

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →PIEL on its own →WELD on its own →PIEL holdings →WELD holdings →Method →Standards and sources →

Sources and dates

PIEL filings on SEC EDGAR ↗

PIEL prospectus with the expense ratio (SEC) ↗

Pacer website ↗

WELD filings on SEC EDGAR ↗

WELD prospectus with the expense ratio (SEC) ↗

Tema page for WELD ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, PIEL against WELD, data as of Nov 4, 2026. https://etfiq.com/compare/themes/piel-vs-weld

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.