VOLT vs. GXPE
VOLT (Tema Electrification ETF) and GXPE (Global X PureCap MSCI Energy ETF) are both Energy Equities funds. VOLT is actively managed, while GXPE is passively managed. At a correlation of -0.02, they often move in opposite directions. VOLT charges 0.75%/yr vs 0.15%/yr for GXPE.
Performance
VOLT vs. GXPE - Performance Comparison
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Returns By Period
In the year-to-date period, VOLT achieves a 37.23% return, which is significantly higher than GXPE's 31.18% return.
VOLT
- 1D
- 0.16%
- 1M
- -2.25%
- YTD
- 37.23%
- 6M
- 34.70%
- 1Y
- 65.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GXPE
- 1D
- 1.65%
- 1M
- -1.13%
- YTD
- 31.18%
- 6M
- 29.39%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VOLT vs. GXPE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VOLT Tema Electrification ETF | 37.23% | 8.43% |
GXPE Global X PureCap MSCI Energy ETF | 31.18% | 4.62% |
Correlation
The correlation between VOLT and GXPE is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025 | -0.02 |
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Return for Risk
VOLT vs. GXPE — Risk / Return Rank
VOLT
GXPE
VOLT vs. GXPE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema Electrification ETF (VOLT) and Global X PureCap MSCI Energy ETF (GXPE). 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 | GXPE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.53 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 7.38 | — | — |
| Martin ratioReturn relative to average drawdown | 20.55 | — | — |
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 | GXPE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.25 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.49 | 2.18 | -0.69 |
Drawdowns
VOLT vs. GXPE - Drawdown Comparison
The maximum VOLT drawdown since its inception was -23.40%, which is greater than GXPE's maximum drawdown of -12.37%. Use the drawdown chart below to compare losses from any high point for VOLT and GXPE.
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Drawdown Indicators
| VOLT | GXPE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.40% | -12.37% | -11.03% |
Max Drawdown (1Y)Largest decline over 1 year | -8.96% | — | — |
Current DrawdownCurrent decline from peak | -4.12% | -6.88% | +2.76% |
Average DrawdownAverage peak-to-trough decline | -5.17% | -3.21% | -1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | — | — |
Volatility
VOLT vs. GXPE - Volatility Comparison
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Volatility by Period
| VOLT | GXPE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.84% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.39% | 20.42% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.11% | 20.42% | +3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.11% | 20.42% | +3.69% |
VOLT vs. GXPE - Expense Ratio Comparison
VOLT has a 0.75% expense ratio, which is higher than GXPE's 0.15% expense ratio.
Dividends
VOLT vs. GXPE - Dividend Comparison
VOLT's dividend yield for the trailing twelve months is around 0.33%, less than GXPE's 0.92% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GXPE Global X PureCap MSCI Energy ETF | 0.92% | 1.20% | 0.00% |
VOLT Tema Electrification ETF | 0.33% | 0.46% | 0.01% |
Frequently Asked Questions
VOLT and GXPE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXPE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXPE is cheaper with a 0.15% expense ratio, compared with 0.75% for VOLT.
GXPE has the higher dividend yield at 0.92%, compared with 0.33% for VOLT.
They also come from different issuers: Tema and Global X. Their fees differ too: 0.75% for VOLT and 0.15% for GXPE.
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