LAZR ETF — Tema Photonics & Optical ETF

Tema Photonics & Optical ETF (LAZR)

Updated October 8, 2026.

LAZR is an ETF. its expense ratio is 0.75%. Total return is -5.6% over the past 0.3 years, 9.9 points behind SPY at 4.3%.

Tema Photonics & Optical ETF is an actively managed ETF that invests at least 80% of its assets in companies developing silicon photonics and optical technologies that enable faster data movement across chips, servers, and data centers in AI infrastructure, across both domestic and foreign markets. The fund carries an expense ratio of 0.75% and does not have an established distribution schedule. This ETF appeals to investors seeking exposure to the photonics and optical technology sector supporting AI infrastructure development.

LAZR performance versus SPY

Price and return data through 2026-10-07.

Total return is -5.6% over the past 0.3 years, 9.9 points behind SPY at 4.3%.

LAZR key facts

Issuer

Tema ETFs

Asset type

ETF

Asset class

Equity

Inception date

06/30/2026

Expense ratio

0.75%

Distribution frequency

None

Last close

$44.50 (as of 2026-10-08)

AUM

$109,681,952

Average volume

320529.0

P/E ratio

54.0735

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. 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 or company page; 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.

LAZR risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider LAZR — and who may not

It is a weaker fit for investors who need monthly cash flow (LAZR does not currently distribute); 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.

Frequently asked questions

More securities from Tema ETFs.