OPPG vs. VOLT

Last updated Aug 5, 2026

OPPG (WisdomTree GeoAlpha Opportunities Fund) and VOLT (Tema Electrification ETF) are both Global Equities funds. OPPG is passively managed, while VOLT is actively managed. Their 0.13 correlation means their historical movements had little consistent relationship. OPPG charges 0.58%/yr vs 0.75%/yr for VOLT.

Performance

OPPG vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree GeoAlpha Opportunities Fund (OPPG) and Tema Electrification ETF (VOLT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

OPPG

• 1D: 1.90%
• 1M: 2.90%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

VOLT

• 1D: 2.49%
• 1M: -1.40%
• 6M: 16.71%
• YTD: 33.52%
• 1Y: 41.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 29.13%

*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)
OPPG WisdomTree GeoAlpha Opportunities Fund	$169.47K	$79.83K	$79.83K
VOLT Tema Electrification ETF	$10.99M	$11.35M	$15.31M

OPPG vs. VOLT - Yearly Performance Comparison

	2026 (YTD)
OPPG WisdomTree GeoAlpha Opportunities Fund	2.90%
VOLT Tema Electrification ETF	-1.40%

Correlation

The correlation between OPPG and VOLT is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 6, 2026	0.13

Return for Risk

OPPG vs. VOLT — Risk / Return Rank

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

OPPG

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

VOLT

VOLT Risk / Return Rank: 62
VOLT Sharpe Ratio Rank: 66
VOLT Sortino Ratio Rank: 59
VOLT Omega Ratio Rank: 59
VOLT Calmar Ratio Rank: 62
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.

OPPG vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree GeoAlpha Opportunities Fund (OPPG) 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.

	OPPG	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.71	—
Sortino ratio: Return per unit of downside risk	—	2.27	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	2.44	—
Martin ratio: Return relative to average drawdown	—	9.16	—

Drawdowns

OPPG vs. VOLT - Drawdown Comparison

The maximum OPPG drawdown since its inception was -3.61%, smaller than the maximum VOLT drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for OPPG and VOLT.

Drawdown Indicators

	OPPG	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-3.61%	-23.40%	+19.79%
Max Drawdown (1Y) Largest decline over 1 year	—	-17.22%	—
Current Drawdown Current decline from peak	0.00%	-8.16%	+8.16%
Average Drawdown Average peak-to-trough decline	-1.19%	-5.36%	+4.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.58%	—

Volatility

Volatility by Period

	OPPG	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.94%	24.56%	-9.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.94%	25.49%	-10.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.94%	25.49%	-10.55%

OPPG vs. VOLT - Expense Ratio Comparison

OPPG has a 0.58% expense ratio, which is lower than VOLT's 0.75% expense ratio.

Dividends

OPPG vs. VOLT - Dividend Comparison

OPPG has not paid dividends to shareholders, while VOLT's dividend yield for the trailing twelve months is around 0.34%.

Position	TTM	2025	2024
OPPG WisdomTree GeoAlpha Opportunities Fund	0.00%	0.00%	0.00%
VOLT Tema Electrification ETF	0.34%	0.46%	0.01%

Frequently Asked Questions

Can I hold both OPPG and VOLT in my portfolio?

OPPG and VOLT have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OPPG or VOLT?

On fees, OPPG is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OPPG or VOLT?

OPPG is cheaper with a 0.58% expense ratio, compared with 0.75% for VOLT.

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

VOLT has the higher dividend yield at 0.34%, compared with 0.00% for OPPG.

What is the main difference between OPPG and VOLT?

They also come from different issuers: WisdomTree and Tema. Their fees differ too: 0.58% for OPPG and 0.75% for VOLT.