IGTR vs. VOLT

Last updated Jun 24, 2026

IGTR (Innovator Gradient Tactical Rotation Strategy ETF) and VOLT (Tema Electrification ETF) are both Global Equities funds. Both are actively managed. Over the past year, IGTR returned 40.84% vs 64.69% for VOLT. A 0.66 correlation means they provide meaningful diversification when combined. IGTR charges 0.80%/yr vs 0.75%/yr for VOLT.

Performance

IGTR vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Gradient Tactical Rotation Strategy ETF (IGTR) 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, IGTR achieves a 18.74% return, which is significantly lower than VOLT's 40.29% return.

IGTR

• 1D: -8.46%
• 1M: 4.92%
• YTD: 18.74%
• 6M: 18.36%
• 1Y: 40.84%
• 3Y*: 16.10%
• 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)

IGTR vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IGTR Innovator Gradient Tactical Rotation Strategy ETF	18.74%	15.25%	-2.38%
VOLT Tema Electrification ETF	40.29%	25.92%	-8.98%

Correlation

The correlation between IGTR and VOLT is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.66
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.66

The correlation between IGTR and VOLT has been stable across timeframes, ranging from 0.66 to 0.66 - a consistent structural relationship.

IGTR vs. VOLT - Sectors Allocation Comparison

Sectors	IGTR	VOLT
Technology	46.5%	12.9%
Industrials	14.9%	47.0%
Consumer Cyclical	12.8%	3.4%
Financial Services	12.5%	0.5%
Healthcare	5.0%	-
Communication Services	2.6%	-
Basic Materials	2.4%	-
Utilities	2.4%	31.0%
Energy	1.7%	4.7%
Consumer Defensive	0.9%	-
Real Estate	0.4%	-

Return for Risk

IGTR vs. VOLT — Risk / Return Rank

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

IGTR

IGTR Risk / Return Rank: 59
IGTR Sharpe Ratio Rank: 50
IGTR Sortino Ratio Rank: 45
IGTR Omega Ratio Rank: 57
IGTR Calmar Ratio Rank: 74
IGTR Martin Ratio Rank: 71

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.

IGTR vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Gradient Tactical Rotation Strategy ETF (IGTR) 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.

	IGTR	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	1.58	2.99	-1.41
Sortino ratio: Return per unit of downside risk	2.08	3.71	-1.62
Omega ratio: Gain probability vs. loss probability	1.32	1.49	-0.17
Calmar ratio: Return relative to maximum drawdown	3.46	6.78	-3.32
Martin ratio: Return relative to average drawdown	11.95	18.99	-7.04

IGTR vs. VOLT - Sharpe Ratio Comparison

The current IGTR Sharpe Ratio is 1.58, which is lower than the VOLT Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of IGTR 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

IGTR vs. VOLT - Drawdown Comparison

The maximum IGTR drawdown since its inception was -20.06%, smaller than the maximum VOLT drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for IGTR and VOLT.

Drawdown Indicators

	IGTR	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-20.06%	-23.40%	+3.34%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-9.59%	-2.26%
Max Drawdown (3Y) Largest decline over 3 years	-20.06%	—	—
Current Drawdown Current decline from peak	-8.46%	-3.50%	-4.96%
Average Drawdown Average peak-to-trough decline	-6.93%	-5.14%	-1.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	3.42%	+0.01%

Volatility

IGTR vs. VOLT - Volatility Comparison

Innovator Gradient Tactical Rotation Strategy ETF (IGTR) has a higher volatility of 18.48% compared to Tema Electrification ETF (VOLT) at 9.40%. This indicates that IGTR's price experiences larger fluctuations and is considered to be riskier than VOLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGTR	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.48%	9.40%	+9.08%
Volatility (6M) Calculated over the trailing 6-month period	22.47%	18.29%	+4.18%
Volatility (1Y) Calculated over the trailing 1-year period	25.92%	21.75%	+4.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.06%	24.55%	-5.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.06%	24.55%	-5.49%

IGTR vs. VOLT - Expense Ratio Comparison

IGTR has a 0.80% expense ratio, which is higher than VOLT's 0.75% expense ratio.

Dividends

IGTR vs. VOLT - Dividend Comparison

IGTR's dividend yield for the trailing twelve months is around 0.67%, more than VOLT's 0.32% yield.

Position	TTM	2025	2024	2023	2022
IGTR Innovator Gradient Tactical Rotation Strategy ETF	0.67%	0.80%	2.40%	0.87%	0.31%
VOLT Tema Electrification ETF	0.32%	0.46%	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IGTR and VOLT in my portfolio?

IGTR and VOLT have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGTR or VOLT?

IGTR has higher volatility (18.48%) compared to VOLT (9.40%). In terms of maximum drawdown, IGTR dropped -20.06% vs VOLT's -23.40%.

Which ETF is better, IGTR or VOLT?

On 1-year performance, VOLT leads with 64.69% vs 40.84% for IGTR. On fees, VOLT is cheaper at 0.75% per year. On volatility, VOLT has been the lower-risk option at 9.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGTR or VOLT?

Over the 1-year period, VOLT has performed better with a 64.69% return vs 40.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGTR or VOLT?

VOLT is cheaper with a 0.75% expense ratio, compared with 0.80% for IGTR.

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

IGTR has the higher dividend yield at 0.67%, compared with 0.32% for VOLT.

What is the main difference between IGTR and VOLT?

They also come from different issuers: Innovator and Tema. Their fees differ too: 0.80% for IGTR and 0.75% for VOLT.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (2.99 vs 1.58), 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.