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VOLT

GradeCNASDAQ

Tema Electrification ETF

Themes · Tema · Inception 2024-12-03

$35.93−0.10 (−0.28%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Dec 6, 2024.
Intraday session: down, 59 prints from 36.03 to 35.93. Range 35.72 to 36.02. Use the arrow keys to read each point.$35.70$35.80$36.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$733M
1Y return
+27.6%
Yield · Last 12 months
0.37%
Holdings
28
Volume · 30D
0.3M sh
NAV per share
$35.77
52W range
low $27.84high $42.16

The ETF.net VOLT Grade

C

46/ 100

Rank 6 of 10 in Grid & Electrification

Confidence Medium

Six-pillar profile for VOLT. Scores out of 100: Cost 20, Risk 60, Mission 46, Tradability 67, Holdings 58, Durability 75. Strongest: Durability (75). Weakest: Cost (20). Leans toward Durability.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 46 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 20
    Category rank9/10 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    CScore 46
    Category rank1/2 · top 50%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 60
    Category rank3/9 · top 33%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 67
    Category rank3/10 · top 30%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 58
    Category rank5/9 · mid-pack
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 75
    Category rank3/10 · top 30%

Graded as of Sep 22, 2026

Our read on VOLT

ETF.net Research

CMost electrification funds hand the job to an index. VOLT is the stock-picker's version: an active, roughly 30-name global portfolio spanning power generation, grid equipment, software and storage.

Stated mandate

The Fund invests at least 80% of its net assets in common and preferred stocks of publicly listed companies economically tied to global electrification. Eligible businesses may supply electrification or power-generation materials, equipment, software, associated services, or electricity storage.

Why people hold it

  1. 01Actively managed and concentrated at roughly 30 names, while shelf leaders ELFY and ZAP simply follow an index. A manager's calls drive the portfolio, for better or worse.temaetfs.orgalpsfunds.comglobalxetfs.com
  2. 02The mandate is wide: at least 80% of assets in companies tied to global electrification, from generation materials and equipment to software, services and electricity storage.
  3. 03Global by charter, so European and Asian grid and equipment names are in play. ZAP, the biggest passive rival, is limited to US-listed developed-market companies.globalxetfs.com

Worth knowing

  1. 01The 0.75% fee matches the group median, but index-run rivals ELFY and ZAP charge 0.50%. Active stock picking is what you are paying the difference for.
  2. 02About 30 holdings means individual names carry real weight. Swings are bigger than a broad-basket electrification index fund.
  3. 03Launched December 2024, so the record is short, and it sits in the lower half of our electrification group. Payouts come once or twice a year.

VOLT Holdings

As of Sep 20, 2026, 6:07 AM
Asset class
Stocks
Holdings
28
Top-10 weight
53%
Largest holding
BELFB6.6%

Sectors

  • Industrials41.1%
  • Utilities30.8%
  • Technology15.4%
  • Energy11.0%
  • Materials1.6%

Geography

  • United States82.75%
  • Ireland7.52%
  • United Kingdom3.14%
  • Switzerland2.97%
  • Luxembourg2.20%
  • France1.42%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001BELFBBEL FUSE INC6.64%199,922$48M102
002ETNEATON CORP PLC6.26%107,327$46M259
003ETENERGY TRANSFER LP5.49%1,890,512$40M52
004PWRQUANTA SERVICES INC5.47%62,602$40M355
005POWLPOWELL INDUSTRIES INC5.43%215,114$40M150
006NEENEXTERA ENERGY INC5.21%471,700$38M407
007AEPAMERICAN ELECTRIC POWER CO INC4.89%297,086$36M337
008APHAMPHENOL CORP4.76%447,476$35M441
009OGEOGE ENERGY CORP4.46%714,250$33M154
010IDAIDACORP INC4.38%242,678$32M158
011HUBBHUBBELL INC4.38%71,393$32M289
012GEVGE VERNOVA INC4.30%33,290$31M473
013BEBLOOM ENERGY CORP4.24%116,399$31M304
014AEISADVANCED ENERGY INDUSTRIES INC3.69%102,621$27M169
015ETRENTERGY CORP3.69%263,241$27M315

Showing 1–15 of 28 holdings

VOLT Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

VOLT$12,765
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. VOLT $12,765. SPY $11,723. Use the arrow keys to read each point.$9,102$12,214$15,327Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for VOLT. Periods over one year show the average yearly return.
PeriodVOLT
Year to date+24.5%
1 month−0.8%
3 months−14.3%
1 year+27.6%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for VOLT
YearReturn barVOLT
2026 YTD+24.5%
2025+26.0%
2024−8.2%

History from Dec 6, 2024

VOLT in the news

ETF.net Research hasn’t filed on VOLT yet — coverage lands here as it’s written.

VOLT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
0.37%Last 12 months
Payout per share
$0.13Last 12 months
Last payment
$0.13 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 27, 2024 $0.0014; Dec 10, 2025 $0.13. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 10, 2025Dec 11, 2025$0.13
Dec 27, 2024Dec 30, 2024$0.0014

VOLT Risk

How much the fund’s monthly returns vary, scaled to a year.
25.0%
Annualised · 20 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.02
vs 3-month T-bills · 20 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.4%
21 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

VOLT Cost

Expense ratio0.75%
  • The middle half of Grid & Electrification funds
  • Median 0.53%

7 of the 10 Grid & Electrification funds charge less.

VOLT costs $75.00 a year on $10,000. The median Grid & Electrification fund costs $53.00.