VOLT vs. MLPI

Last updated Apr 1, 2026

Compare and contrast key facts about Tema Electrification ETF (VOLT) and Neos MLP & Energy Infrastructure High Income ETF (MLPI).

VOLT and MLPI 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. MLPI is an actively managed fund by Neos. It was launched on Dec 17, 2025.

Performance

VOLT vs. MLPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tema Electrification ETF (VOLT) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). The values are adjusted to include any dividend payments, if applicable.

VOLT vs. MLPI - Yearly Performance Comparison

	2026 (YTD)	2025
VOLT Tema Electrification ETF	18.37%	0.68%
MLPI Neos MLP & Energy Infrastructure High Income ETF	17.27%	0.56%

Returns By Period

In the year-to-date period, VOLT achieves a 18.37% return, which is significantly higher than MLPI's 17.27% return.

VOLT

• 1D: 3.29%
• 1M: -4.12%
• YTD: 18.37%
• 6M: 19.46%
• 1Y: 61.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MLPI

• 1D: -0.40%
• 1M: 3.16%
• YTD: 17.27%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VOLT vs. MLPI - Expense Ratio Comparison

VOLT has a 0.75% expense ratio, which is higher than MLPI's 0.68% expense ratio.

VOLT

Tema Electrification ETF

MLPI

Neos MLP & Energy Infrastructure High Income ETF

Return for Risk

VOLT vs. MLPI — Risk / Return Rank

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

VOLT

VOLT Risk / Return Rank: 97
VOLT Sharpe Ratio Rank: 97
VOLT Sortino Ratio Rank: 97
VOLT Omega Ratio Rank: 96
VOLT Calmar Ratio Rank: 98
VOLT Martin Ratio Rank: 97

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. MLPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tema Electrification ETF (VOLT) and Neos MLP & Energy Infrastructure High Income ETF (MLPI). 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	MLPI	Difference
Sharpe ratio Return per unit of total volatility	2.88	—	—
Sortino ratio Return per unit of downside risk	3.55	—	—
Omega ratio Gain probability vs. loss probability	1.50	—	—
Calmar ratio Return relative to maximum drawdown	6.14	—	—
Martin ratio Return relative to average drawdown	19.19	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VOLT	MLPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	7.48	-6.37

Correlation

The correlation between VOLT and MLPI is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

VOLT vs. MLPI - Dividend Comparison

VOLT's dividend yield for the trailing twelve months is around 0.39%, less than MLPI's 3.49% yield.

	TTM	2025	2024
VOLT Tema Electrification ETF	0.39%	0.46%	0.01%
MLPI Neos MLP & Energy Infrastructure High Income ETF	3.49%	0.00%	0.00%

Drawdowns

VOLT vs. MLPI - Drawdown Comparison

The maximum VOLT drawdown since its inception was -23.40%, which is greater than MLPI's maximum drawdown of -2.78%. Use the drawdown chart below to compare losses from any high point for VOLT and MLPI.

Drawdown Indicators

	VOLT	MLPI	Difference
Max Drawdown Largest peak-to-trough decline	-23.40%	-2.78%	-20.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.00%	—	—
Current Drawdown Current decline from peak	-5.10%	-1.19%	-3.91%
Average Drawdown Average peak-to-trough decline	-5.56%	-0.60%	-4.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	—	—

Volatility

Volatility by Period

	VOLT	MLPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.43%	11.12%	+10.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.85%	11.12%	+12.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.85%	11.12%	+12.73%