DSPY ETF — Tema S&P 500 Historical Weight ETF Strategy

Tema S&P 500 Historical Weight ETF Strategy (DSPY)

Updated October 16, 2026.

DSPY is a low-cost ETF. its distribution rate is 1.14%, its trailing-12-month yield is 0.94%, its expense ratio is 0.18%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 35.1% over the past 1.5 years, 3.2 points behind SPY at 38.3%.

Tema S&P 500 Historical Weight ETF Strategy is an actively managed exchange-traded fund that invests at least eighty percent of its assets in S&P 500 stocks weighted according to their historical distribution within the index, rather than current market capitalization. The fund offers a modest current distribution rate paid quarterly and charges a low expense ratio of 0.18%. It appeals to equity income investors seeking exposure to large-cap U.S. stocks with an alternative weighting approach.

DSPY performance versus SPY

Price and return data through 2026-10-16.

Total return is 35.1% over the past 1.5 years, 3.2 points behind SPY at 38.3%. Over the past year its total return — price change plus distributions reinvested — is 17.7%. Its deepest 1-year drawdown was 7.5%.

DSPY key facts

Distribution Safety Score™

50 · Unproven

Issuer

Tema ETFs

Asset type

ETF

Asset class

Equity

Inception date

03/31/2025

Expense ratio

0.18%

Distribution rate

1.14%

Distribution frequency

Quarterly

Trailing yield

0.94%

Last close

$66.04 (as of 2026-10-16)

AUM

$1,013,551,120

Average volume

10441.0

Dividend

$0.188

Ex-dividend date

09/29/2026

Payment date

10/01/2026

Beta

0.923

How Dividend Vision calculates yield and returns

Distribution rate (1.14%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.94%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Tema ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DSPY risks and drawbacks

DSPY's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.5%.

Who may consider DSPY — and who may not

DSPY may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (DSPY pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on DSPY

• All tickers starting with D

Tagged: S&P500, Large Cap, Index.

Frequently asked questions

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