Weight loss stocks set to post big gains, Tema ETFs CEO suggests

Weight loss now its own segment... with its own ETFs?

Tema ETFs take advantage of the risk appetite of stocks focused on weight loss.

It is behind the GLP-1, Obesity & Cardiometabolic ETF (HRTS), which has risen 26% since its inception last November.

The company's founder and CEO, Maurits Pot, believes the successful weight loss business is not just based on hype.

“The companies that we follow and the companies that we invest in are not just looking at a weight loss approach, they’re looking at other approaches,” Pot told CNBC’s “ETF Edge” on Monday. “We could see a world where the majority of the world’s population is taking a GLP-1, not just for weight loss, but for other diseases.”

His top investments include Mounjaro maker Eli Lilly and Ozempic and Wegovy maker Novo Nordisk. Eli Lilly is up 57% year to date, while New Nordisk has increased by 38%.

Furthermore, Pot does not expect the price tag for GLP-1s to deter new patients. He thinks they will drop significantly over the next two to three years.

“We could see drug prices drop from $12,000 to maybe $6,000 a year, so maybe $500 a month,” Pot said, noting that insurance often makes the treatments more affordable for patients.

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