USAI vs. VOLT

Last updated Jun 4, 2026

USAI (Pacer American Energy Independence ETF) and VOLT (Tema Electrification ETF) are both Energy Equities funds. USAI is passively managed, while VOLT is actively managed. Over the past year, USAI returned 19.24% vs 65.79% for VOLT. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

USAI vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer American Energy Independence ETF (USAI) 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, USAI achieves a 22.18% return, which is significantly lower than VOLT's 37.23% return.

USAI

• 1D: 0.05%
• 1M: -3.14%
• YTD: 22.18%
• 6M: 21.52%
• 1Y: 19.24%
• 3Y*: 25.97%
• 5Y*: 18.33%
• 10Y*: —

VOLT

• 1D: 0.16%
• 1M: -2.25%
• YTD: 37.23%
• 6M: 34.70%
• 1Y: 65.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USAI vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
USAI Pacer American Energy Independence ETF	22.18%	0.69%	-2.32%
VOLT Tema Electrification ETF	37.23%	25.92%	-8.86%

Correlation

The correlation between USAI and VOLT is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.33

Over the past year, the correlation between USAI and VOLT has dropped to 0.11 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

USAI vs. VOLT - Sectors Allocation Comparison

Sectors	USAI	VOLT
Energy	97.8%	5.0%
Utilities	2.1%	31.2%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	3.5%
Consumer Defensive	-	-
Financial Services	-	0.5%
Healthcare	-	-
Industrials	-	48.1%
Real Estate	-	-
Technology	-	11.0%

Return for Risk

USAI vs. VOLT — Risk / Return Rank

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

USAI

USAI Risk / Return Rank: 34
USAI Sharpe Ratio Rank: 33
USAI Sortino Ratio Rank: 32
USAI Omega Ratio Rank: 31
USAI Calmar Ratio Rank: 44
USAI Martin Ratio Rank: 32

VOLT

VOLT Risk / Return Rank: 89
VOLT Sharpe Ratio Rank: 91
VOLT Sortino Ratio Rank: 88
VOLT Omega Ratio Rank: 85
VOLT Calmar Ratio Rank: 94
VOLT Martin Ratio Rank: 89

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.

USAI vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer American Energy Independence ETF (USAI) 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.

	USAI	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	1.23	3.25	-2.02
Sortino ratio: Return per unit of downside risk	1.72	4.07	-2.35
Omega ratio: Gain probability vs. loss probability	1.21	1.53	-0.32
Calmar ratio: Return relative to maximum drawdown	2.15	7.38	-5.23
Martin ratio: Return relative to average drawdown	4.85	20.55	-15.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USAI vs. VOLT - Sharpe Ratio Comparison

The current USAI Sharpe Ratio is 1.23, which is lower than the VOLT Sharpe Ratio of 3.25. The chart below compares the historical Sharpe Ratios of USAI 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.

Sharpe Ratios by Period

	USAI	VOLT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	3.25	-2.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	1.49	-0.99

Drawdowns

USAI vs. VOLT - Drawdown Comparison

The maximum USAI drawdown since its inception was -65.25%, which is greater than VOLT's maximum drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for USAI and VOLT.

Drawdown Indicators

	USAI	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-65.25%	-23.40%	-41.85%
Max Drawdown (1Y) Largest decline over 1 year	-9.01%	-8.96%	-0.05%
Max Drawdown (3Y) Largest decline over 3 years	-18.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.68%	—	—
Current Drawdown Current decline from peak	-5.98%	-4.12%	-1.86%
Average Drawdown Average peak-to-trough decline	-9.36%	-5.17%	-4.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	3.21%	+0.77%

Volatility

USAI vs. VOLT - Volatility Comparison

The current volatility for Pacer American Energy Independence ETF (USAI) is 6.52%, while Tema Electrification ETF (VOLT) has a volatility of 7.84%. This indicates that USAI 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

	USAI	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.52%	7.84%	-1.32%
Volatility (6M) Calculated over the trailing 6-month period	12.29%	17.12%	-4.83%
Volatility (1Y) Calculated over the trailing 1-year period	15.80%	20.39%	-4.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.56%	24.11%	-3.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.31%	24.11%	+3.20%

USAI vs. VOLT - Expense Ratio Comparison

Both USAI and VOLT have an expense ratio of 0.75%.

Dividends

USAI vs. VOLT - Dividend Comparison

USAI's dividend yield for the trailing twelve months is around 4.19%, more than VOLT's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
USAI Pacer American Energy Independence ETF	4.19%	5.03%	3.62%	4.99%	5.41%	6.15%	7.67%	6.50%	5.56%	0.08%
VOLT Tema Electrification ETF	0.33%	0.46%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both USAI and VOLT in my portfolio?

USAI and VOLT have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USAI or VOLT?

VOLT has higher volatility (7.84%) compared to USAI (6.52%). In terms of maximum drawdown, USAI dropped -65.25% vs VOLT's -23.40%.

Which ETF is better, USAI or VOLT?

On 1-year performance, VOLT leads with 65.79% vs 19.24% for USAI. Both ETFs have the same 0.75% expense ratio. On volatility, USAI has been the lower-risk option at 6.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USAI or VOLT?

Over the 1-year period, VOLT has performed better with a 65.79% return vs 19.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USAI or VOLT?

USAI and VOLT have the same expense ratio: 0.75% per year.

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

USAI has the higher dividend yield at 4.19%, compared with 0.33% for VOLT.

What is the main difference between USAI and VOLT?

They also come from different issuers: Pacer and Tema.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (3.25 vs 1.23), 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.