PWRD vs. VOLT
PWRD (TCW Transform Systems ETF) and VOLT (Tema Electrification ETF) are both Energy Equities funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.
Performance
PWRD vs. VOLT - Performance Comparison
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Returns By Period
In the year-to-date period, PWRD achieves a 19.81% return, which is significantly lower than VOLT's 37.23% return.
PWRD
- 1D
- -0.09%
- 1M
- 3.10%
- YTD
- 19.81%
- 6M
- 18.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VOLT
- 1D
- 0.16%
- 1M
- -2.25%
- YTD
- 37.23%
- 6M
- 34.70%
- 1Y
- 65.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PWRD vs. VOLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PWRD TCW Transform Systems ETF | 19.81% | 7.66% |
VOLT Tema Electrification ETF | 37.23% | 14.70% |
Correlation
The correlation between PWRD and VOLT is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 30, 2025 | 0.81 |
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Return for Risk
PWRD vs. VOLT — Risk / Return Rank
PWRD
VOLT
PWRD vs. VOLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Transform Systems ETF (PWRD) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| PWRD | VOLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.25 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.32 | 1.49 | -0.18 |
Drawdowns
PWRD vs. VOLT - Drawdown Comparison
The maximum PWRD drawdown since its inception was -14.12%, smaller than the maximum VOLT drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for PWRD and VOLT.
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Drawdown Indicators
| PWRD | VOLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.12% | -23.40% | +9.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.96% | — |
Current DrawdownCurrent decline from peak | -0.74% | -4.12% | +3.38% |
Average DrawdownAverage peak-to-trough decline | -3.17% | -5.17% | +2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.21% | — |
Volatility
PWRD vs. VOLT - Volatility Comparison
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Volatility by Period
| PWRD | VOLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.84% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.12% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.03% | 20.39% | +3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.03% | 24.11% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.03% | 24.11% | -0.08% |
PWRD vs. VOLT - Expense Ratio Comparison
Both PWRD and VOLT have an expense ratio of 0.75%.
Dividends
PWRD vs. VOLT - Dividend Comparison
PWRD has not paid dividends to shareholders, while VOLT's dividend yield for the trailing twelve months is around 0.33%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PWRD TCW Transform Systems ETF | 0.00% | 0.00% | 0.00% |
VOLT Tema Electrification ETF | 0.33% | 0.46% | 0.01% |
Frequently Asked Questions
PWRD and VOLT have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
PWRD and VOLT have the same expense ratio: 0.75% per year.
VOLT has the higher dividend yield at 0.33%, compared with 0.00% for PWRD.
They also come from different issuers: TCW and Tema.
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