Tema S&P 500 Hist Wght ETF Strat Stock Price, News & Analysis

Tema S&P 500 Historical Weight ETF Strategy is an actively managed exchange-traded fund that invests in S&P 500 constituent stocks using a historical weighting approach rather than current market capitalization weights. The fund aims to reduce concentration risk by weighting the top 10 holdings at approximately 22%, reflecting the benchmark's 35-year average, compared to the current 35-40% concentration in traditional S&P 500 index funds. Launched in April 2025 by Tema ETFs, DSPY offers investors a lower-cost alternative with a 0.18% expense ratio while maintaining exposure to all S&P 500 companies.