VOLT vs. GRID
Compare and contrast key facts about Tema Electrification ETF (VOLT) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID).
VOLT and GRID are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOLT is an actively managed fund by Tema. It was launched on Dec 3, 2024. GRID is a passively managed fund by First Trust that tracks the performance of the NASDAQ OMX Clean Edge Smart Grid Infrastructure Index. It was launched on Nov 17, 2009.
Performance
VOLT vs. GRID - Performance Comparison
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VOLT vs. GRID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VOLT Tema Electrification ETF | 18.37% | 25.92% | -8.86% |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 6.96% | 29.65% | -5.79% |
Returns By Period
In the year-to-date period, VOLT achieves a 18.37% return, which is significantly higher than GRID's 6.96% return.
VOLT
- 1D
- 3.29%
- 1M
- -4.12%
- YTD
- 18.37%
- 6M
- 19.46%
- 1Y
- 61.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRID
- 1D
- 3.81%
- 1M
- -7.97%
- YTD
- 6.96%
- 6M
- 8.57%
- 1Y
- 46.12%
- 3Y*
- 20.12%
- 5Y*
- 14.69%
- 10Y*
- 18.08%
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VOLT vs. GRID - Expense Ratio Comparison
VOLT has a 0.75% expense ratio, which is higher than GRID's 0.70% expense ratio.
Return for Risk
VOLT vs. GRID — Risk / Return Rank
VOLT
GRID
VOLT vs. GRID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema Electrification ETF (VOLT) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID). 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 | GRID | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.88 | 2.16 | +0.71 |
Sortino ratioReturn per unit of downside risk | 3.55 | 2.95 | +0.60 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.41 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 6.14 | 3.82 | +2.31 |
Martin ratioReturn relative to average drawdown | 19.19 | 14.42 | +4.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VOLT | GRID | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.88 | 2.16 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.11 | 0.52 | +0.59 |
Correlation
The correlation between VOLT and GRID is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
VOLT vs. GRID - Dividend Comparison
VOLT's dividend yield for the trailing twelve months is around 0.39%, less than GRID's 0.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOLT Tema Electrification ETF | 0.39% | 0.46% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index | 0.92% | 1.01% | 1.06% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% |
Drawdowns
VOLT vs. GRID - Drawdown Comparison
The maximum VOLT drawdown since its inception was -23.40%, smaller than the maximum GRID drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for VOLT and GRID.
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Drawdown Indicators
| VOLT | GRID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.40% | -40.56% | +17.16% |
Max Drawdown (1Y)Largest decline over 1 year | -10.00% | -11.73% | +1.73% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.56% | — |
Current DrawdownCurrent decline from peak | -5.10% | -8.37% | +3.27% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -8.50% | +2.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 3.11% | +0.09% |
Volatility
VOLT vs. GRID - Volatility Comparison
Tema Electrification ETF (VOLT) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) have volatilities of 9.44% and 9.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VOLT | GRID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.44% | 9.26% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 15.70% | 14.14% | +1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.43% | 21.44% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.85% | 20.68% | +3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.85% | 22.74% | +1.11% |