NEW YORK – July 6, 2026 — Tema ETFs (“Tema”), a leader in institutional-quality and actively managed exchange-traded funds, today announced that its S&P 500 Historical Weight ETF Strategy (DSPY) surpassed $1 billion in assets under management (AUM), only 15 months after launch.1 Launched April 1, 2025 with $1 million in seed capital, DSPY is the first and only passive innovation on S&P 500 Equal Weight Index and is priced 10% below its leading equal-weight alternative.
DSPY offers four notable points of differentiation:
Strong 2026 Performance: DSPY gained +13.4% through June 30, outperforming both the cap-weighted S&P 500 (+10.2%) and the S&P 500 Equal Weight Index (+12.1%).2
Lower Tracking Error: DSPY's portfolio is constructed using the historical average weight of each position in the S&P 500 since 1989, maintaining more than 80% overlap with the index while avoiding the significant tracking error associated with equal-weight strategies.3
Long-Term Index Outperformance: The S&P 500 Historical Weight Index that DSPY aims to track has outperformed the S&P 500 Equal Weight Index over the past 5, 10, 15, and 20 years.5
"DSPY was launched to help advisors address concentration risk without walking away from the S&P 500, which remains the global benchmark for U.S. innovation and corporate success. With concentration near record highs and an IPO pipeline of unprecedented scale poised to increase it further, DSPY allows investors to stay closely aligned with the S&P 500 while cutting their concentration risk nearly in half.5"
– Maurits Pot, Founder and CEO of Tema ETFs.
Index Performance Summary
|
Total Return (as of 06/30/26)
|
S&P 500 Index (SPX) |
S&P 500 Equal Weight Index (SPW) |
S&P 500 Historical Weight Index (DSPYTR)
|
|
Last 20 Years
|
763.80% |
589.08% |
724.16% |
|
Last 15 Years
|
646.88% |
460.84% |
611.45% |
|
Last 10 Years
|
322.09% |
220.13% |
301.56% |
|
Last 5 Years |
87.39% |
54.66% |
84.64% |
DSPY Standard Performance
| Total Return (as of 06/30/26) |
1 Year | Since Inception (from 04/01/26 |
| 23.83% | 26.77% |
Tema builds institutional-quality ETFs for a range of market environments, targeting structural growth, durable core, and liquid alternatives solutions. Founded in 2022, Tema is backed by Index Ventures, Accel Partners, Zinal Growth, and over a dozen financial services CEOs.
Media Contact
Cognito Media
Carl Bakenhus
carl.bakenhus@cognitomedia.com