USNG vs. VOLT

Last updated Jun 24, 2026

USNG (Amplify Samsung U.S. Natural Gas Infrastructure ETF) and VOLT (Tema Electrification ETF) are both exchange-traded funds - USNG is a Energy Equities fund actively managed by Amplify, while VOLT is a Global Equities fund actively managed by Tema. Both are actively managed. Over the past year, USNG returned 47.43% vs 64.69% for VOLT. A 0.52 correlation means they provide meaningful diversification when combined. USNG charges 0.59%/yr vs 0.75%/yr for VOLT.

Performance

USNG vs. VOLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) 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, USNG achieves a 36.17% return, which is significantly lower than VOLT's 40.29% return.

USNG

• 1D: -0.48%
• 1M: -0.64%
• YTD: 36.17%
• 6M: 36.35%
• 1Y: 47.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOLT

• 1D: -3.50%
• 1M: 2.50%
• YTD: 40.29%
• 6M: 38.12%
• 1Y: 64.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USNG vs. VOLT - Yearly Performance Comparison

	2026 (YTD)	2025
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	36.17%	10.51%
VOLT Tema Electrification ETF	40.29%	22.44%

Correlation

The correlation between USNG and VOLT is 0.52, 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	0.52
Correlation (All Time) Calculated using the full available price history since May 20, 2025	0.52

The correlation between USNG and VOLT has been stable across timeframes, ranging from 0.52 to 0.52 - a consistent structural relationship.

USNG vs. VOLT - Sectors Allocation Comparison

Sectors	USNG	VOLT
Energy	79.2%	4.7%
Industrials	12.8%	47.0%
Utilities	4.7%	31.0%
Financial Services	1.8%	0.5%
Basic Materials	1.4%	-
Communication Services	-	-
Consumer Cyclical	-	3.4%
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	12.9%

Return for Risk

USNG vs. VOLT — Risk / Return Rank

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

USNG

USNG Risk / Return Rank: 91
USNG Sharpe Ratio Rank: 91
USNG Sortino Ratio Rank: 91
USNG Omega Ratio Rank: 86
USNG Calmar Ratio Rank: 95
USNG Martin Ratio Rank: 93

VOLT

VOLT Risk / Return Rank: 89
VOLT Sharpe Ratio Rank: 91
VOLT Sortino Ratio Rank: 86
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.

USNG vs. VOLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) 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.

	USNG	VOLT	Difference
Sharpe ratio: Return per unit of total volatility	2.86	2.99	-0.13
Sortino ratio: Return per unit of downside risk	3.85	3.71	+0.14
Omega ratio: Gain probability vs. loss probability	1.48	1.49	-0.02
Calmar ratio: Return relative to maximum drawdown	6.99	6.78	+0.21
Martin ratio: Return relative to average drawdown	21.05	18.99	+2.06

USNG vs. VOLT - Sharpe Ratio Comparison

The current USNG Sharpe Ratio is 2.86, which is comparable to the VOLT Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of USNG 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

USNG vs. VOLT - Drawdown Comparison

The maximum USNG drawdown since its inception was -6.82%, smaller than the maximum VOLT drawdown of -23.40%. Use the drawdown chart below to compare losses from any high point for USNG and VOLT.

Drawdown Indicators

	USNG	VOLT	Difference
Max Drawdown Largest peak-to-trough decline	-6.82%	-23.40%	+16.58%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-9.59%	+2.77%
Current Drawdown Current decline from peak	-0.64%	-3.50%	+2.86%
Average Drawdown Average peak-to-trough decline	-1.52%	-5.14%	+3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	3.42%	-1.16%

Volatility

USNG vs. VOLT - Volatility Comparison

The current volatility for Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) is 6.29%, while Tema Electrification ETF (VOLT) has a volatility of 9.40%. This indicates that USNG 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

	USNG	VOLT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	9.40%	-3.11%
Volatility (6M) Calculated over the trailing 6-month period	12.47%	18.29%	-5.82%
Volatility (1Y) Calculated over the trailing 1-year period	16.68%	21.75%	-5.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.61%	24.55%	-7.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.61%	24.55%	-7.94%

USNG vs. VOLT - Expense Ratio Comparison

USNG has a 0.59% expense ratio, which is lower than VOLT's 0.75% expense ratio.

Dividends

USNG vs. VOLT - Dividend Comparison

USNG's dividend yield for the trailing twelve months is around 1.09%, more than VOLT's 0.32% yield.

Position	TTM	2025	2024
USNG Amplify Samsung U.S. Natural Gas Infrastructure ETF	1.09%	1.10%	0.00%
VOLT Tema Electrification ETF	0.32%	0.46%	0.01%

Frequently Asked Questions

Can I hold both USNG and VOLT in my portfolio?

USNG and VOLT have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USNG or VOLT?

VOLT has higher volatility (9.40%) compared to USNG (6.29%). In terms of maximum drawdown, USNG dropped -6.82% vs VOLT's -23.40%.

Which ETF is better, USNG or VOLT?

On 1-year performance, VOLT leads with 64.69% vs 47.43% for USNG. On fees, USNG is cheaper at 0.59% per year. On volatility, USNG has been the lower-risk option at 6.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, USNG or VOLT?

Over the 1-year period, VOLT has performed better with a 64.69% return vs 47.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, USNG or VOLT?

USNG is cheaper with a 0.59% expense ratio, compared with 0.75% for VOLT.

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

USNG has the higher dividend yield at 1.09%, compared with 0.32% for VOLT.

What is the main difference between USNG and VOLT?

USNG is categorized as Energy Equities, while VOLT is Global Equities. They also come from different issuers: Amplify and Tema. Their fees differ too: 0.59% for USNG and 0.75% for VOLT.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (2.99 vs 2.86), 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.