BCGD vs. VOLT

Last updated Jun 25, 2026

BCGD (Baron Global Durable Advantage ETF) and VOLT (Tema Electrification ETF) are both Global Equities funds. Both are actively managed. A 0.55 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

BCGD vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baron Global Durable Advantage ETF (BCGD) and Tema Electrification ETF (VOLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCGD achieves a 1.00% return, which is significantly lower than VOLT's 41.30% return.

BCGD

• 1D: -0.16%
• 1M: -1.43%
• YTD: 1.00%
• 6M: 0.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOLT

• 1D: 0.71%
• 1M: 3.23%
• YTD: 41.30%
• 6M: 38.97%
• 1Y: 64.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BCGD vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025
BCGD Baron Global Durable Advantage ETF	1.00%	1.64%
VOLT Tema Electrification ETF	41.30%	-0.94%

Correlation

The correlation between BCGD and VOLT is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 15, 2025	0.55

Return for Risk

BCGD vs. VOLT — Risk / Return Rank

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

BCGD

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

VOLT

VOLT Risk / Return Rank: 91
VOLT Sharpe Ratio Rank: 93
VOLT Sortino Ratio Rank: 90
VOLT Omega Ratio Rank: 88
VOLT Calmar Ratio Rank: 95
VOLT Martin Ratio Rank: 91

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.

BCGD vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baron Global Durable Advantage ETF (BCGD) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BCGD	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	—	2.97	—
Sortino ratio: Return per unit of downside risk	—	3.69	—
Omega ratio: Gain probability vs. loss probability	—	1.49	—
Calmar ratio: Return relative to maximum drawdown	—	6.73	—
Martin ratio: Return relative to average drawdown	—	18.83	—

Drawdowns

BCGD vs. VOLT - Drawdown Comparison

The maximum BCGD drawdown since its inception was -13.79%, smaller than the maximum VOLT drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for BCGD and VOLT.

Drawdown Indicators

	BCGD	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-13.79%	-23.40%	+9.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.59%	—
Current Drawdown Current decline from peak	-3.29%	-2.81%	-0.48%
Average Drawdown Average peak-to-trough decline	-3.06%	-5.14%	+2.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.42%	—

Volatility

Volatility by Period

	BCGD	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.34%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.39%	21.74%	-3.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.39%	24.53%	-6.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.39%	24.53%	-6.14%

BCGD vs. VOLT - Expense Ratio Comparison

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

Dividends

BCGD vs. VOLT - Dividend Comparison

BCGD has not paid dividends to shareholders, while VOLT's dividend yield for the trailing twelve months is around 0.32%.

Position	TTM	2025	2024
BCGD Baron Global Durable Advantage ETF	0.00%	0.00%	0.00%
VOLT Tema Electrification ETF	0.32%	0.46%	0.01%

Frequently Asked Questions

Can I hold both BCGD and VOLT in my portfolio?

BCGD and VOLT have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BCGD 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, BCGD or VOLT?

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

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

VOLT has the higher dividend yield at 0.32%, compared with 0.00% for BCGD.

What is the main difference between BCGD and VOLT?

They also come from different issuers: Baron Capital and Tema.