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

DSPY is the first S&P 500 innovation since the S&P 500 EWI in 2003. Instead of equally weighting its constituents, it is designed to address the widely known indexs high concentration through historical weightings. It aims to create a version of the S&P 500 wherein company weights are adjusted to reflect the indexs average concentration levels since 1989. For this purpose, the fund will invest in the securities included in the S&P 500. Each stock will then be assigned a position rank with its weight tailored to align with the position ranks historical weight. The historical weight is determined as the average monthly weight of each index ranking (1 to 500) since December 29, 1989. Note, this strategy utilizes historical average rankings instead of individual companies due to the index's constituents changing over time. The funds holdings will be rebalanced quarterly.