AMND vs. VOLT

Last updated Jun 4, 2026

AMND (ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050) and VOLT (Tema Electrification ETF) are both Energy Equities funds. AMND is passively managed, while VOLT is actively managed. At a 0.08 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

AMND vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and Tema Electrification ETF (VOLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AMND

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOLT

• 1D: 0.16%
• 1M: -2.25%
• YTD: 37.23%
• 6M: 34.70%
• 1Y: 65.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMND vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	-1.98%
VOLT Tema Electrification ETF	37.23%	25.92%	-8.86%

Correlation

The correlation between AMND and VOLT is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.08

AMND vs. VOLT - Sectors Allocation Comparison

Sectors	AMND	VOLT
Basic Materials	0.0%	-
Communication Services	0.0%	-
Consumer Cyclical	0.0%	3.5%
Consumer Defensive	0.0%	-
Energy	0.0%	5.0%
Financial Services	0.0%	0.5%
Healthcare	0.0%	-
Industrials	0.0%	48.1%
Real Estate	0.0%	-
Technology	0.0%	11.0%
Utilities	0.0%	31.2%

Return for Risk

AMND vs. VOLT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VOLT

VOLT Risk / Return Rank: 89
VOLT Sharpe Ratio Rank: 91
VOLT Sortino Ratio Rank: 88
VOLT Omega Ratio Rank: 85
VOLT Calmar Ratio Rank: 94
VOLT Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMND vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 (AMND) and Tema Electrification ETF (VOLT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AMND	VOLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.25	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.49	—

Drawdowns

Drawdown Indicators

	AMND	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	—	-23.40%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.96%	—
Current Drawdown Current decline from peak	—	-4.12%	—
Average Drawdown Average peak-to-trough decline	—	-5.17%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.21%	—

Volatility

Volatility by Period

	AMND	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	20.39%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	24.11%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.11%	—

AMND vs. VOLT - Expense Ratio Comparison

Both AMND and VOLT have an expense ratio of 0.75%.

Dividends

AMND vs. VOLT - Dividend Comparison

AMND has not paid dividends to shareholders, while VOLT's dividend yield for the trailing twelve months is around 0.33%.

Position	TTM	2025	2024	2023	2022	2021	2020
AMND ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050	0.00%	0.00%	5.14%	6.56%	6.37%	7.10%	2.49%
VOLT Tema Electrification ETF	0.33%	0.46%	0.01%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMND and VOLT in my portfolio?

AMND and VOLT have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AMND or VOLT?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AMND or VOLT?

AMND and VOLT have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, AMND or VOLT?

VOLT has the higher dividend yield at 0.33%, compared with 0.00% for AMND.

What is the main difference between AMND and VOLT?

They also come from different issuers: UBS and Tema.