Tema Launches the S&P 500 Historical Weight ETF Strategy (DSPY), First S&P 500 Concentration Innovation Since 2003
Launch of DSPY ETF: Tema ETFs has launched the Tema S&P 500 Historical Weight ETF Strategy (DSPY) on NYSE Arca, which aims to adjust company weightings in the S&P 500 to reflect its average concentration levels since 1989, addressing high concentration risks in the index.
Investment Details and Risks: DSPY features an expense ratio of 0.18% and seeks to reduce tracking error compared to the S&P 500 Equal Weight ETF, while investors should be aware of potential volatility and risks associated with large-cap investments.
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Analyst Views on DSPY
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Analysis Indicates DSPY Could Reach $65
ETF Target Price Analysis: The Tema S&P 500 Historical Weight ETF Strategy ETF (DSPY) has an implied analyst target price of $64.74, indicating an 11.93% upside from its current trading price of $57.84.
Notable Holdings with Upside: Key underlying holdings of DSPY, such as Verisk Analytics (VRSK), Linde PLC (LIN), and NXP Semiconductors (NXPI), show significant potential upside, with target prices exceeding current trading prices by 24.16%, 23.80%, and 23.14%, respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to future downgrades if they do not align with recent developments.
Investor Research Importance: Investors are encouraged to conduct further research to assess the validity of analyst targets and their implications for future stock performance.
Examine the Details: DSPY Projected to Rise by 10%
DSPY ETF Analysis: The Tema S&P 500 Historical Weight ETF (DSPY) has an implied analyst target price of $63.12, indicating a potential upside of 9.75% from its current trading price of $57.51.
Notable Holdings: Key underlying holdings with significant upside potential include Masco Corp. (11.10% upside), Genuine Parts Co. (9.96% upside), and Raymond James Financial, Inc. (9.75% upside) based on their respective analyst target prices.
Analysts Forecast 10% Increase for DSPY Holdings
ETF Target Price Analysis: The Tema S&P 500 Historical Weight ETF Strategy ETF (DSPY) has an implied analyst target price of $62.26, indicating a potential upside of 10.35% from its current trading price of $56.42.
Notable Holdings with Upside: Key underlying holdings of DSPY, including Sylvamo Corp (SLVM), Solventum Corp (SOLV), and Allstate Corp (ALL), show significant upside potential based on analyst target prices, with SLVM at 43.19% higher, SOLV at 17.64%, and ALL at 15.67%.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to future downgrades if they do not align with market realities.
Investor Research Recommendation: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
Unusual Volume Noted for DSPY ETF on Friday
ETF Performance Highlights: Warner Bros. Discovery saw a significant increase of about 17.3% with over 164 million shares traded, while Tesla rose by approximately 6.7% with over 111.3 million shares changing hands.
Moderna's Decline: In contrast, Moderna experienced a decline of about 7.6%, underperforming compared to other components of the Tema S&P 500 Historical Weight ETF Strategy.
Unusual Volume Alert: DSPY ETF on Tuesday
ETF Trading Highlights: On Tuesday, Nvidia and Palantir Technologies were notable components of the ETF, with Nvidia trading flat at over 78.9 million shares and Palantir up 3.4% with over 40.2 million shares exchanged.
Top and Bottom Performers: UnitedHealth Group led the performance with an 8.2% increase, while Albemarle lagged behind, declining by approximately 10.8%.
EXCLUSIVE: Tema ETF Tackles Mag 7 Concentration Risk With New S&P 500 Historical Weighting Strategy
Introduction of DSPY ETF: Tema ETF has launched the Tema S&P 500 Historical Weight ETF (DSPY) in partnership with S&P Global, aiming to address index concentration risk by using historical weightings based on 35 years of data instead of current market caps.
Comparison with Other ETFs: Unlike equal-weight ETFs that dilute exposure to large-cap stocks, DSPY maintains a balance by reflecting historical weights, thus reducing concentration risk while preserving the integrity of the S&P 500 index.
Analysis Indicates DSPY Could Reach $65
ETF Target Price Analysis: The Tema S&P 500 Historical Weight ETF Strategy ETF (DSPY) has an implied analyst target price of $64.74, indicating an 11.93% upside from its current trading price of $57.84.
Notable Holdings with Upside: Key underlying holdings of DSPY, such as Verisk Analytics (VRSK), Linde PLC (LIN), and NXP Semiconductors (NXPI), show significant potential upside, with target prices exceeding current trading prices by 24.16%, 23.80%, and 23.14%, respectively.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to future downgrades if they do not align with recent developments.
Investor Research Importance: Investors are encouraged to conduct further research to assess the validity of analyst targets and their implications for future stock performance.
Examine the Details: DSPY Projected to Rise by 10%
DSPY ETF Analysis: The Tema S&P 500 Historical Weight ETF (DSPY) has an implied analyst target price of $63.12, indicating a potential upside of 9.75% from its current trading price of $57.51.
Notable Holdings: Key underlying holdings with significant upside potential include Masco Corp. (11.10% upside), Genuine Parts Co. (9.96% upside), and Raymond James Financial, Inc. (9.75% upside) based on their respective analyst target prices.
Analysts Forecast 10% Increase for DSPY Holdings
ETF Target Price Analysis: The Tema S&P 500 Historical Weight ETF Strategy ETF (DSPY) has an implied analyst target price of $62.26, indicating a potential upside of 10.35% from its current trading price of $56.42.
Notable Holdings with Upside: Key underlying holdings of DSPY, including Sylvamo Corp (SLVM), Solventum Corp (SOLV), and Allstate Corp (ALL), show significant upside potential based on analyst target prices, with SLVM at 43.19% higher, SOLV at 17.64%, and ALL at 15.67%.
Analyst Target Justification: The article raises questions about whether analysts' target prices are justified or overly optimistic, suggesting that high targets could lead to future downgrades if they do not align with market realities.
Investor Research Recommendation: Investors are encouraged to conduct further research to assess the validity of analyst targets in light of recent company and industry developments.
Unusual Volume Noted for DSPY ETF on Friday
ETF Performance Highlights: Warner Bros. Discovery saw a significant increase of about 17.3% with over 164 million shares traded, while Tesla rose by approximately 6.7% with over 111.3 million shares changing hands.
Moderna's Decline: In contrast, Moderna experienced a decline of about 7.6%, underperforming compared to other components of the Tema S&P 500 Historical Weight ETF Strategy.
Unusual Volume Alert: DSPY ETF on Tuesday
ETF Trading Highlights: On Tuesday, Nvidia and Palantir Technologies were notable components of the ETF, with Nvidia trading flat at over 78.9 million shares and Palantir up 3.4% with over 40.2 million shares exchanged.
Top and Bottom Performers: UnitedHealth Group led the performance with an 8.2% increase, while Albemarle lagged behind, declining by approximately 10.8%.
EXCLUSIVE: Tema ETF Tackles Mag 7 Concentration Risk With New S&P 500 Historical Weighting Strategy
Introduction of DSPY ETF: Tema ETF has launched the Tema S&P 500 Historical Weight ETF (DSPY) in partnership with S&P Global, aiming to address index concentration risk by using historical weightings based on 35 years of data instead of current market caps.
Comparison with Other ETFs: Unlike equal-weight ETFs that dilute exposure to large-cap stocks, DSPY maintains a balance by reflecting historical weights, thus reducing concentration risk while preserving the integrity of the S&P 500 index.
