GXPE vs. VOLT

Last updated Jun 25, 2026

GXPE (Global X PureCap MSCI Energy ETF) and VOLT (Tema Electrification ETF) are both exchange-traded funds - GXPE is a Energy Equities fund tracking the MSCI USA Energy PureCap Index, while VOLT is a Global Equities fund actively managed by Tema. GXPE is passively managed, while VOLT is actively managed. At a correlation of -0.05, they often move in opposite directions. GXPE charges 0.15%/yr vs 0.75%/yr for VOLT.

Performance

GXPE vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X PureCap MSCI Energy ETF (GXPE) 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, GXPE achieves a 20.25% return, which is significantly lower than VOLT's 41.30% return.

GXPE

• 1D: -1.80%
• 1M: -9.28%
• YTD: 20.25%
• 6M: 21.31%
• 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)

GXPE vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025
GXPE Global X PureCap MSCI Energy ETF	20.25%	4.62%
VOLT Tema Electrification ETF	41.30%	9.34%

Correlation

The correlation between GXPE and VOLT is -0.05, 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 Jul 23, 2025	-0.05

Return for Risk

GXPE vs. VOLT — Risk / Return Rank

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

GXPE

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.

GXPE vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X PureCap MSCI Energy ETF (GXPE) 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.

	GXPE	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

GXPE vs. VOLT - Drawdown Comparison

The maximum GXPE drawdown since its inception was -14.89%, smaller than the maximum VOLT drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for GXPE and VOLT.

Drawdown Indicators

	GXPE	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-14.89%	-23.40%	+8.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.59%	—
Current Drawdown Current decline from peak	-14.64%	-2.81%	-11.83%
Average Drawdown Average peak-to-trough decline	-3.66%	-5.14%	+1.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.42%	—

Volatility

Volatility by Period

	GXPE	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	20.74%	21.74%	-1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.74%	24.53%	-3.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.74%	24.53%	-3.79%

GXPE vs. VOLT - Expense Ratio Comparison

GXPE has a 0.15% expense ratio, which is lower than VOLT's 0.75% expense ratio.

Dividends

GXPE vs. VOLT - Dividend Comparison

GXPE's dividend yield for the trailing twelve months is around 1.00%, more than VOLT's 0.32% yield.

Position	TTM	2025	2024
GXPE Global X PureCap MSCI Energy ETF	1.00%	1.20%	0.00%
VOLT Tema Electrification ETF	0.32%	0.46%	0.01%

Frequently Asked Questions

Can I hold both GXPE and VOLT in my portfolio?

GXPE and VOLT have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXPE or VOLT?

On fees, GXPE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXPE or VOLT?

GXPE is cheaper with a 0.15% expense ratio, compared with 0.75% for VOLT.

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

GXPE has the higher dividend yield at 1.00%, compared with 0.32% for VOLT.

What is the main difference between GXPE and VOLT?

GXPE is categorized as Energy Equities, while VOLT is Global Equities. They also come from different issuers: Global X and Tema. Their fees differ too: 0.15% for GXPE and 0.75% for VOLT.