SDG vs. VOLT

Last updated Jun 23, 2026

SDG (iShares MSCI Global Sustainable Development Goals ETF) and VOLT (Tema Electrification ETF) are both Global Equities funds. SDG is passively managed, while VOLT is actively managed. Over the past year, SDG returned 23.73% vs 72.68% for VOLT. A 0.55 correlation means they provide meaningful diversification when combined. SDG charges 0.50%/yr vs 0.75%/yr for VOLT.

Performance

SDG vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Sustainable Development Goals ETF (SDG) 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, SDG achieves a 7.33% return, which is significantly lower than VOLT's 45.38% return.

SDG

• 1D: 0.08%
• 1M: -0.84%
• YTD: 7.33%
• 6M: 7.12%
• 1Y: 23.73%
• 3Y*: 7.07%
• 5Y*: 0.09%
• 10Y*: 8.80%

VOLT

• 1D: 2.21%
• 1M: 6.21%
• YTD: 45.38%
• 6M: 43.81%
• 1Y: 72.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SDG vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SDG iShares MSCI Global Sustainable Development Goals ETF	7.33%	20.19%	-6.96%
VOLT Tema Electrification ETF	45.38%	25.92%	-8.98%

Correlation

The correlation between SDG and VOLT is 0.55, 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	0.55
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.55

The correlation between SDG and VOLT has been stable across timeframes, ranging from 0.55 to 0.55 - a consistent structural relationship.

Return for Risk

SDG vs. VOLT — Risk / Return Rank

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

SDG

SDG Risk / Return Rank: 51
SDG Sharpe Ratio Rank: 48
SDG Sortino Ratio Rank: 46
SDG Omega Ratio Rank: 46
SDG Calmar Ratio Rank: 57
SDG Martin Ratio Rank: 58

VOLT

VOLT Risk / Return Rank: 93
VOLT Sharpe Ratio Rank: 94
VOLT Sortino Ratio Rank: 91
VOLT Omega Ratio Rank: 90
VOLT Calmar Ratio Rank: 95
VOLT Martin Ratio Rank: 92

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.

SDG vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Sustainable Development Goals ETF (SDG) 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.

	SDG	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	1.60	3.41	-1.81
Sortino ratio: Return per unit of downside risk	2.26	4.17	-1.91
Omega ratio: Gain probability vs. loss probability	1.29	1.55	-0.26
Calmar ratio: Return relative to maximum drawdown	2.75	7.62	-4.87
Martin ratio: Return relative to average drawdown	9.88	21.38	-11.51

SDG vs. VOLT - Sharpe Ratio Comparison

The current SDG Sharpe Ratio is 1.60, which is lower than the VOLT Sharpe Ratio of 3.41. The chart below compares the historical Sharpe Ratios of SDG 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

SDG vs. VOLT - Drawdown Comparison

The maximum SDG drawdown since its inception was -30.35%, which is greater than VOLT's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for SDG and VOLT.

Drawdown Indicators

	SDG	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-30.35%	-23.40%	-6.95%
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	-9.59%	+0.91%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.35%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.35%	—	—
Current Drawdown Current decline from peak	-2.95%	0.00%	-2.95%
Average Drawdown Average peak-to-trough decline	-9.63%	-5.15%	-4.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	3.41%	-1.00%

Volatility

SDG vs. VOLT - Volatility Comparison

The current volatility for iShares MSCI Global Sustainable Development Goals ETF (SDG) is 5.68%, while Tema Electrification ETF (VOLT) has a volatility of 8.56%. This indicates that SDG 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

	SDG	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	8.56%	-2.88%
Volatility (6M) Calculated over the trailing 6-month period	11.87%	17.92%	-6.05%
Volatility (1Y) Calculated over the trailing 1-year period	14.92%	21.48%	-6.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.76%	24.41%	-8.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.71%	24.41%	-7.70%

SDG vs. VOLT - Expense Ratio Comparison

SDG has a 0.50% expense ratio, which is lower than VOLT's 0.75% expense ratio.

Dividends

SDG vs. VOLT - Dividend Comparison

SDG's dividend yield for the trailing twelve months is around 1.69%, more than VOLT's 0.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SDG iShares MSCI Global Sustainable Development Goals ETF	1.69%	2.00%	1.95%	1.77%	1.82%	1.66%	0.97%	1.39%	2.47%	2.54%	1.34%
VOLT Tema Electrification ETF	0.31%	0.46%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SDG and VOLT in my portfolio?

SDG and VOLT have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDG or VOLT?

VOLT has higher volatility (8.56%) compared to SDG (5.68%). In terms of maximum drawdown, SDG dropped -30.35% vs VOLT's -23.40%.

Which ETF is better, SDG or VOLT?

On 1-year performance, VOLT leads with 72.68% vs 23.73% for SDG. On fees, SDG is cheaper at 0.50% per year. On volatility, SDG has been the lower-risk option at 5.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SDG or VOLT?

Over the 1-year period, VOLT has performed better with a 72.68% return vs 23.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SDG or VOLT?

SDG is cheaper with a 0.50% expense ratio, compared with 0.75% for VOLT.

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

SDG has the higher dividend yield at 1.69%, compared with 0.31% for VOLT.

What is the main difference between SDG and VOLT?

They also come from different issuers: iShares and Tema. Their fees differ too: 0.50% for SDG and 0.75% for VOLT.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (3.41 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.