LLY vs. VOLT

Last updated Aug 1, 2026

LLY (Eli Lilly and Company) is a stock, while VOLT (Tema Electrification ETF) is Global Equities fund actively managed by Tema. Over the past year, LLY returned 56.33% vs 36.60% for VOLT. Their 0.17 correlation means their historical movements had little consistent relationship.

Performance

LLY vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eli Lilly and Company (LLY) 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, LLY achieves a 7.26% return, which is significantly lower than VOLT's 28.30% return.

LLY

• 1D: -0.53%
• 1M: -3.60%
• 6M: 11.14%
• YTD: 7.26%
• 1Y: 56.33%
• 3Y*: 37.33%
• 5Y*: 37.67%
• 10Y*: 32.12%
• ALL TIME*: 16.04%

VOLT

• 1D: 1.62%
• 1M: -8.10%
• 6M: 15.18%
• YTD: 28.30%
• 1Y: 36.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.26%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LLY Eli Lilly and Company	$2.62B	$2.84B	$3.35B
VOLT Tema Electrification ETF	$11.21M	$11.77M	$15.67M

LLY vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LLY Eli Lilly and Company	7.26%	40.25%	-5.08%
VOLT Tema Electrification ETF	28.30%	25.92%	-8.98%

Correlation

The correlation between LLY and VOLT is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.06
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.17

The correlation between LLY and VOLT shifts across timeframes, from 0.06 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LLY vs. VOLT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LLY

LLY Risk / Return Rank: 83
LLY Sharpe Ratio Rank: 85
LLY Sortino Ratio Rank: 81
LLY Omega Ratio Rank: 82
LLY Calmar Ratio Rank: 83
LLY Martin Ratio Rank: 84

VOLT

VOLT Risk / Return Rank: 63
VOLT Sharpe Ratio Rank: 66
VOLT Sortino Ratio Rank: 61
VOLT Omega Ratio Rank: 61
VOLT Calmar Ratio Rank: 61
VOLT Martin Ratio Rank: 67

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LLY vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eli Lilly and Company (LLY) 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.

	LLY	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.50	-0.03
Sortino ratio: Return per unit of downside risk	2.10	2.04	+0.06
Omega ratio: Gain probability vs. loss probability	1.28	1.26	+0.02
Calmar ratio: Return relative to maximum drawdown	2.44	2.14	+0.31
Martin ratio: Return relative to average drawdown	6.60	8.15	-1.55

LLY vs. VOLT - Sharpe Ratio Comparison

The current LLY Sharpe Ratio is 1.48, which is comparable to the VOLT Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of LLY 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

LLY vs. VOLT - Drawdown Comparison

The maximum LLY drawdown since its inception was -68.24%, which is greater than VOLT's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for LLY and VOLT.

Drawdown Indicators

	LLY	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-68.24%	-23.40%	-44.84%
Max Drawdown (1Y) Largest decline over 1 year	-23.18%	-17.22%	-5.96%
Max Drawdown (3Y) Largest decline over 3 years	-34.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.48%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.48%	—	—
Current Drawdown Current decline from peak	-7.02%	-11.75%	+4.73%
Average Drawdown Average peak-to-trough decline	-19.17%	-5.34%	-13.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.56%	4.50%	+4.06%

Volatility

LLY vs. VOLT - Volatility Comparison

The current volatility for Eli Lilly and Company (LLY) is 8.88%, while Tema Electrification ETF (VOLT) has a volatility of 9.95%. This indicates that LLY 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

	LLY	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.88%	9.95%	-1.07%
Volatility (6M) Calculated over the trailing 6-month period	27.69%	21.11%	+6.58%
Volatility (1Y) Calculated over the trailing 1-year period	38.37%	24.43%	+13.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.64%	25.46%	+7.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.37%	25.46%	+4.91%

Dividends

LLY vs. VOLT - Dividend Comparison

LLY's dividend yield for the trailing twelve months is around 0.56%, more than VOLT's 0.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LLY Eli Lilly and Company	0.56%	0.56%	0.67%	0.78%	1.07%	1.23%	1.75%	1.96%	1.94%	2.46%	2.77%	2.37%
VOLT Tema Electrification ETF	0.36%	0.46%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LLY and VOLT in my portfolio?

LLY and VOLT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LLY or VOLT?

VOLT has higher volatility (9.95%) compared to LLY (8.88%). In terms of maximum drawdown, LLY dropped -68.24% vs VOLT's -23.40%.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (1.50 vs 1.48), 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.