{"url":"https://etfiq.com/compare/themes/piel-vs-weld","section":"compare","title":"PIEL vs WELD: Holdings Overlap & Returns | ETFIQ","description":"0.0% of PIEL and 38.9% of WELD is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do PIEL and WELD hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"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."}},{"@type":"Question","name":"Which is more different from the S&P 500, PIEL or WELD?","acceptedAnswer":{"@type":"Answer","text":"PIEL has 0% of its weight in S&P 500 names and WELD has 39%, so PIEL differs more from the index."}},{"@type":"Question","name":"Which is cheaper, PIEL or WELD?","acceptedAnswer":{"@type":"Answer","text":"PIEL charges 0.49% a year and WELD charges 0.75%, so PIEL is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"PIEL vs WELD","item":"https://etfiq.com/compare/themes/piel-vs-weld"}]},{"@type":"WebPage","name":"PIEL vs WELD: Holdings Overlap & Returns","description":"0.0% of PIEL and 38.9% of WELD is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight.","url":"https://etfiq.com/compare/themes/piel-vs-weld","dateModified":"2026-11-04","abstract":"PIEL and WELD hold 0% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of PIEL and WELD","description":"0.0% of PIEL and 38.9% of WELD is already in the S&P 500 by weight, as filed, and 0% of the two books are the same names at the same weight.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/piel-vs-weld","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6175,"truncated":true,"content":"ETFIQ / Thematic ETFs / Compare ETFs / PIEL vs WELD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n PIEL vs WELD: Holdings Overlap & Returns\n\n PIEL and WELD hold 0% of their weight in the same names.\n Copy this for sharing \n \n PIEL costs 0.26 points a year less; WELD is far larger, $251m against $1.1m.\n PIEL and WELD at a glance. As of Nov 4, 2026. Source: ETFIQ. PIEL WELD \n Expense ratio 0.49% 0.75% \n Net assets, as of Nov 3, 2026 $1.1m $251m \n What it tracks Reshoring and manufacturing Reshoring and manufacturing \n Holdings in common 0% \n Holdings in common uses holdin","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, PIEL against WELD, data as of Nov 4, 2026. https://etfiq.com/compare/themes/piel-vs-weld","a":{"ticker":"PIEL","name":"Pacer International Export Leaders ETF","issuer":"Pacer","desk":"themes","as_of":"2026-11-04","verdict":"From its Dec 23, 2025 launch to Nov 4, 2026, PIEL returned 14.1%, against 11.5% for EFA.","url":"https://etfiq.com/funds/piel","key_facts":[{"label":"Already in the S&P 500","value":"0.0%","as_of":"2026-07-31","source":"its SEC filing (Form N-PORT)"},{"label":"Active share vs the S&P 500","value":"100.0%","as_of":"2026-07-31","source":"ETFIQ"},{"label":"Top ten holdings","value":"39.2%","as_of":"2026-07-31","source":"its SEC filing (Form N-PORT)"},{"label":"Total return, since launch","value":"+14.1%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$1.1m","as_of":"2026-11-03","source":"the issuer\u2019s own daily fund list, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.49%","as_of":"2026-08-27","source":"485BPOS XBRL, Aug 27, 2026"}]},"b":{"ticker":"WELD","name":"Tema U.S. Manufacturing & Reshoring ETF","issuer":"Tema","desk":"themes","as_of":"2026-11-04","verdict":"WELD holds 21 stocks, and 61% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/weld","key_facts":[{"label":"Already in the S&P 500","value":"38.9%","as_of":"2026-11-03","source":"the issuer\u2019s daily holdings file"},{"label":"Active share vs the S&P 500","value":"98.0%","as_of":"2026-11-03","source":"ETFIQ"},{"label":"Top ten holdings","value":"63.1%","as_of":"2026-11-03","source":"the issuer\u2019s daily holdings file"},{"label":"Net assets","value":"$251m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-06-29","source":"485BPOS XBRL, Jun 29, 2026"},{"label":"Benchmark","value":"Its own holdings, as of Nov 3, 2026; its prospectus names no index it tracks","as_of":"2026-11-04","source":"ETFIQ, from its filings"}]},"overlap_pct":0,"full_text_at":"https://etfiq.com/compare/themes/piel-vs-weld"}