SROI vs. VOLT

Last updated Jun 26, 2026

SROI (Calamos Antetokounmpo Global Sustainable Equities ETF) and VOLT (Tema Electrification ETF) are both Global Equities funds. Both are actively managed. Over the past year, SROI returned 17.32% vs 69.19% for VOLT. A 0.68 correlation means they provide meaningful diversification when combined. SROI charges 0.95%/yr vs 0.75%/yr for VOLT.

Performance

SROI vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) 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, SROI achieves a 9.10% return, which is significantly lower than VOLT's 44.48% return.

SROI

• 1D: 0.32%
• 1M: -1.58%
• YTD: 9.10%
• 6M: 8.56%
• 1Y: 17.32%
• 3Y*: 13.73%
• 5Y*: —
• 10Y*: —

VOLT

• 1D: 2.25%
• 1M: 3.75%
• YTD: 44.48%
• 6M: 42.09%
• 1Y: 69.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SROI vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SROI Calamos Antetokounmpo Global Sustainable Equities ETF	9.10%	16.36%	-3.23%
VOLT Tema Electrification ETF	44.48%	25.92%	-8.98%

Correlation

The correlation between SROI and VOLT is 0.61, 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	0.61
Correlation (All Time) Calculated using the full available price history since Dec 4, 2024	0.68

The correlation between SROI and VOLT has been stable across timeframes, ranging from 0.61 to 0.68 - a consistent structural relationship.

SROI vs. VOLT - Sectors Allocation Comparison

Sectors	SROI	VOLT
Technology	31.4%	12.9%
Industrials	18.5%	47.0%
Financial Services	12.8%	0.5%
Consumer Cyclical	9.1%	3.4%
Communication Services	8.5%	-
Healthcare	7.3%	-
Consumer Defensive	4.9%	-
Basic Materials	4.1%	-
Utilities	2.4%	31.0%
Real Estate	1.0%	-
Energy	0.8%	4.7%

Return for Risk

SROI vs. VOLT — Risk / Return Rank

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

SROI

SROI Risk / Return Rank: 39
SROI Sharpe Ratio Rank: 38
SROI Sortino Ratio Rank: 36
SROI Omega Ratio Rank: 36
SROI Calmar Ratio Rank: 37
SROI Martin Ratio Rank: 48

VOLT

VOLT Risk / Return Rank: 93
VOLT Sharpe Ratio Rank: 95
VOLT Sortino Ratio Rank: 92
VOLT Omega Ratio Rank: 91
VOLT Calmar Ratio Rank: 96
VOLT Martin Ratio Rank: 93

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.

SROI vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) 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.

	SROI	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	1.24	3.19	-1.95
Sortino ratio: Return per unit of downside risk	1.78	3.90	-2.12
Omega ratio: Gain probability vs. loss probability	1.23	1.52	-0.29
Calmar ratio: Return relative to maximum drawdown	1.71	7.25	-5.55
Martin ratio: Return relative to average drawdown	7.17	20.29	-13.12

SROI vs. VOLT - Sharpe Ratio Comparison

The current SROI Sharpe Ratio is 1.24, which is lower than the VOLT Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of SROI 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

SROI vs. VOLT - Drawdown Comparison

The maximum SROI drawdown since its inception was -15.38%, smaller than the maximum VOLT drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for SROI and VOLT.

Drawdown Indicators

	SROI	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-15.38%	-23.40%	+8.02%
Max Drawdown (1Y) Largest decline over 1 year	-10.19%	-9.59%	-0.60%
Max Drawdown (3Y) Largest decline over 3 years	-15.38%	—	—
Current Drawdown Current decline from peak	-2.46%	-0.62%	-1.84%
Average Drawdown Average peak-to-trough decline	-2.41%	-5.13%	+2.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	3.42%	-1.00%

Volatility

SROI vs. VOLT - Volatility Comparison

The current volatility for Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) is 5.40%, while Tema Electrification ETF (VOLT) has a volatility of 9.44%. This indicates that SROI 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

	SROI	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	9.44%	-4.04%
Volatility (6M) Calculated over the trailing 6-month period	11.81%	18.38%	-6.57%
Volatility (1Y) Calculated over the trailing 1-year period	14.07%	21.82%	-7.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.03%	24.55%	-10.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.03%	24.55%	-10.52%

SROI vs. VOLT - Expense Ratio Comparison

SROI has a 0.95% expense ratio, which is higher than VOLT's 0.75% expense ratio.

Dividends

SROI vs. VOLT - Dividend Comparison

SROI's dividend yield for the trailing twelve months is around 0.55%, more than VOLT's 0.32% yield.

Position	TTM	2025	2024	2023
SROI Calamos Antetokounmpo Global Sustainable Equities ETF	0.55%	0.60%	0.68%	0.94%
VOLT Tema Electrification ETF	0.32%	0.46%	0.01%	0.00%

Frequently Asked Questions

Can I hold both SROI and VOLT in my portfolio?

SROI and VOLT have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SROI or VOLT?

VOLT has higher volatility (9.44%) compared to SROI (5.40%). In terms of maximum drawdown, SROI dropped -15.38% vs VOLT's -23.40%.

Which ETF is better, SROI or VOLT?

On 1-year performance, VOLT leads with 69.19% vs 17.32% for SROI. On fees, VOLT is cheaper at 0.75% per year. On volatility, SROI has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SROI or VOLT?

Over the 1-year period, VOLT has performed better with a 69.19% return vs 17.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SROI or VOLT?

VOLT is cheaper with a 0.75% expense ratio, compared with 0.95% for SROI.

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

SROI has the higher dividend yield at 0.55%, compared with 0.32% for VOLT.

What is the main difference between SROI and VOLT?

They also come from different issuers: Calamos and Tema. Their fees differ too: 0.95% for SROI and 0.75% for VOLT.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (3.19 vs 1.24), 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.