VOLT vs. GDE

Last updated Jun 4, 2026

VOLT (Tema Electrification ETF) and GDE (WisdomTree Efficient Gold Plus Equity Strategy Fund) are both exchange-traded funds - VOLT is a Energy Equities fund actively managed by Tema, while GDE is a Gold fund actively managed by WisdomTree. Both are actively managed. Over the past year, VOLT returned 65.79% vs 53.13% for GDE. At a 0.46 correlation, their price movements are largely independent. VOLT charges 0.75%/yr vs 0.20%/yr for GDE.

Performance

VOLT vs. GDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema Electrification ETF (VOLT) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VOLT achieves a 37.23% return, which is significantly higher than GDE's 9.79% return.

VOLT

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

GDE

• 1D: -1.35%
• 1M: 1.88%
• YTD: 9.79%
• 6M: 11.87%
• 1Y: 53.13%
• 3Y*: 46.68%
• 5Y*: —
• 10Y*: —

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

VOLT vs. GDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VOLT Tema Electrification ETF	37.23%	25.92%	-8.86%
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	9.79%	73.76%	-3.73%

Correlation

The correlation between VOLT and GDE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024	0.46

Return for Risk

VOLT vs. GDE — Risk / Return Rank

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

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

GDE

GDE Risk / Return Rank: 49
GDE Sharpe Ratio Rank: 54
GDE Sortino Ratio Rank: 45
GDE Omega Ratio Rank: 54
GDE Calmar Ratio Rank: 47
GDE Martin Ratio Rank: 44

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.

VOLT vs. GDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Electrification ETF (VOLT) and WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE). 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.

	VOLT	GDE	Difference
Sharpe ratio: Return per unit of total volatility	3.25	1.88	+1.37
Sortino ratio: Return per unit of downside risk	4.07	2.32	+1.75
Omega ratio: Gain probability vs. loss probability	1.53	1.34	+0.19
Calmar ratio: Return relative to maximum drawdown	7.38	2.36	+5.02
Martin ratio: Return relative to average drawdown	20.55	7.34	+13.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VOLT vs. GDE - Sharpe Ratio Comparison

The current VOLT Sharpe Ratio is 3.25, which is higher than the GDE Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of VOLT and GDE, 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

	VOLT	GDE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	1.88	+1.37
Sharpe Ratio (All Time) Calculated using the full available price history	1.49	1.15	+0.34

Drawdowns

VOLT vs. GDE - Drawdown Comparison

The maximum VOLT drawdown since its inception was -23.40%, smaller than the maximum GDE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for VOLT and GDE.

Drawdown Indicators

	VOLT	GDE	Difference
Max Drawdown Largest peak-to-trough decline	-23.40%	-32.01%	+8.61%
Max Drawdown (1Y) Largest decline over 1 year	-8.96%	-22.66%	+13.70%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.66%	—
Current Drawdown Current decline from peak	-4.12%	-11.17%	+7.05%
Average Drawdown Average peak-to-trough decline	-5.17%	-7.88%	+2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	7.26%	-4.05%

Volatility

VOLT vs. GDE - Volatility Comparison

Tema Electrification ETF (VOLT) has a higher volatility of 7.84% compared to WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) at 6.65%. This indicates that VOLT's price experiences larger fluctuations and is considered to be riskier than GDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VOLT	GDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.84%	6.65%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	17.12%	24.24%	-7.12%
Volatility (1Y) Calculated over the trailing 1-year period	20.39%	28.39%	-8.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.11%	26.12%	-2.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.11%	26.12%	-2.01%

VOLT vs. GDE - Expense Ratio Comparison

VOLT has a 0.75% expense ratio, which is higher than GDE's 0.20% expense ratio.

Dividends

VOLT vs. GDE - Dividend Comparison

VOLT's dividend yield for the trailing twelve months is around 0.33%, less than GDE's 3.94% yield.

Position	TTM	2025	2024	2023	2022
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund	3.94%	4.32%	7.14%	2.22%	0.81%
VOLT Tema Electrification ETF	0.33%	0.46%	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VOLT and GDE in my portfolio?

VOLT and GDE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VOLT or GDE?

VOLT has higher volatility (7.84%) compared to GDE (6.65%). In terms of maximum drawdown, VOLT dropped -23.40% vs GDE's -32.01%.

Which ETF is better, VOLT or GDE?

On 1-year performance, VOLT leads with 65.79% vs 53.13% for GDE. On fees, GDE is cheaper at 0.20% per year. On volatility, GDE has been the lower-risk option at 6.65%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VOLT or GDE?

Over the 1-year period, VOLT has performed better with a 65.79% return vs 53.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VOLT or GDE?

GDE is cheaper with a 0.20% expense ratio, compared with 0.75% for VOLT.

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

GDE has the higher dividend yield at 3.94%, compared with 0.33% for VOLT.

What is the main difference between VOLT and GDE?

VOLT is categorized as Energy Equities, while GDE is Gold. They also come from different issuers: Tema and WisdomTree. Their fees differ too: 0.75% for VOLT and 0.20% for GDE.

Which has better risk-adjusted returns?

VOLT currently has the higher Sharpe Ratio (3.25 vs 1.88), 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.