HRTS vs. VOLT

Last updated Jun 24, 2026

HRTS (Tema Obesity & Cardiometabolic ETF) and VOLT (Tema Electrification ETF) are both exchange-traded funds - HRTS is a Health & Biotech Equities fund actively managed by Tema, while VOLT is a Global Equities fund actively managed by Tema. Both are actively managed. Over the past year, HRTS returned 25.88% vs 64.69% for VOLT. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

HRTS vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema Obesity & Cardiometabolic ETF (HRTS) 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, HRTS achieves a -1.45% return, which is significantly lower than VOLT's 40.29% return.

HRTS

• 1D: 1.50%
• 1M: 1.21%
• YTD: -1.45%
• 6M: -2.09%
• 1Y: 25.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOLT

• 1D: -3.50%
• 1M: 2.50%
• YTD: 40.29%
• 6M: 38.12%
• 1Y: 64.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HRTS vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HRTS Tema Obesity & Cardiometabolic ETF	-1.45%	23.93%	-9.20%
VOLT Tema Electrification ETF	40.29%	25.92%	-8.98%

Correlation

The correlation between HRTS and VOLT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.35

HRTS vs. VOLT - Sectors Allocation Comparison

Sectors	HRTS	VOLT
Healthcare	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	3.4%
Consumer Defensive	-	-
Energy	-	4.7%
Financial Services	-	0.5%
Industrials	-	47.0%
Real Estate	-	-
Technology	-	12.9%
Utilities	-	31.0%

Return for Risk

HRTS vs. VOLT — Risk / Return Rank

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

HRTS

HRTS Risk / Return Rank: 48
HRTS Sharpe Ratio Rank: 49
HRTS Sortino Ratio Rank: 54
HRTS Omega Ratio Rank: 46
HRTS Calmar Ratio Rank: 51
HRTS Martin Ratio Rank: 39

VOLT

VOLT Risk / Return Rank: 89
VOLT Sharpe Ratio Rank: 91
VOLT Sortino Ratio Rank: 86
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.

HRTS vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Obesity & Cardiometabolic ETF (HRTS) 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.

	HRTS	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.99	-1.39
Sortino ratio: Return per unit of downside risk	2.42	3.71	-1.28
Omega ratio: Gain probability vs. loss probability	1.27	1.49	-0.22
Calmar ratio: Return relative to maximum drawdown	2.36	6.78	-4.42
Martin ratio: Return relative to average drawdown	5.70	18.99	-13.30

HRTS vs. VOLT - Sharpe Ratio Comparison

The current HRTS Sharpe Ratio is 1.60, which is lower than the VOLT Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of HRTS and VOLT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HRTS vs. VOLT - Drawdown Comparison

The maximum HRTS drawdown since its inception was -25.81%, which is greater than VOLT's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for HRTS and VOLT.

Drawdown Indicators

	HRTS	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-25.81%	-23.40%	-2.41%
Max Drawdown (1Y) Largest decline over 1 year	-11.01%	-9.59%	-1.42%
Current Drawdown Current decline from peak	-5.04%	-3.50%	-1.54%
Average Drawdown Average peak-to-trough decline	-8.96%	-5.14%	-3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.55%	3.42%	+1.13%

Volatility

HRTS vs. VOLT - Volatility Comparison

The current volatility for Tema Obesity & Cardiometabolic ETF (HRTS) is 5.41%, while Tema Electrification ETF (VOLT) has a volatility of 9.40%. This indicates that HRTS experiences smaller price fluctuations and is considered to be less risky than VOLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HRTS	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.41%	9.40%	-3.99%
Volatility (6M) Calculated over the trailing 6-month period	11.72%	18.29%	-6.57%
Volatility (1Y) Calculated over the trailing 1-year period	16.22%	21.75%	-5.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.08%	24.55%	-5.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.08%	24.55%	-5.47%

HRTS vs. VOLT - Expense Ratio Comparison

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

Dividends

HRTS vs. VOLT - Dividend Comparison

HRTS's dividend yield for the trailing twelve months is around 1.36%, more than VOLT's 0.32% yield.

Position	TTM	2025	2024
HRTS Tema Obesity & Cardiometabolic ETF	1.36%	1.34%	1.63%
VOLT Tema Electrification ETF	0.32%	0.46%	0.01%

Frequently Asked Questions

Can I hold both HRTS and VOLT in my portfolio?

HRTS and VOLT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HRTS or VOLT?

VOLT has higher volatility (9.40%) compared to HRTS (5.41%). In terms of maximum drawdown, HRTS dropped -25.81% vs VOLT's -23.40%.

Which ETF is better, HRTS or VOLT?

On 1-year performance, VOLT leads with 64.69% vs 25.88% for HRTS. Both ETFs have the same 0.75% expense ratio. On volatility, HRTS has been the lower-risk option at 5.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HRTS or VOLT?

Over the 1-year period, VOLT has performed better with a 64.69% return vs 25.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HRTS or VOLT?

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

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

HRTS has the higher dividend yield at 1.36%, compared with 0.32% for VOLT.

What is the main difference between HRTS and VOLT?

HRTS is categorized as Health & Biotech Equities, while VOLT is Global Equities.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (2.99 vs 1.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.