VOLT vs. PWRD
VOLT (Tema Electrification ETF) and PWRD (TCW Transform Systems ETF) are both Energy Equities funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.
Performance
VOLT vs. PWRD - 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 PWRD's 19.81% return.
VOLT
- 1D
- 0.16%
- 1M
- -2.25%
- YTD
- 37.23%
- 6M
- 34.70%
- 1Y
- 65.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PWRD
- 1D
- -0.09%
- 1M
- 3.10%
- YTD
- 19.81%
- 6M
- 18.04%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VOLT vs. PWRD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VOLT Tema Electrification ETF | 37.23% | 14.70% |
PWRD TCW Transform Systems ETF | 19.81% | 7.66% |
Correlation
The correlation between VOLT and PWRD is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 30, 2025 | 0.81 |
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Return for Risk
VOLT vs. PWRD — Risk / Return Rank
VOLT
PWRD
VOLT vs. PWRD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema Electrification ETF (VOLT) and TCW Transform Systems ETF (PWRD). 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 | PWRD | 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 | PWRD | 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 | 1.32 | +0.18 |
Drawdowns
VOLT vs. PWRD - Drawdown Comparison
The maximum VOLT drawdown since its inception was -23.40%, which is greater than PWRD's maximum drawdown of -14.12%. Use the drawdown chart below to compare losses from any high point for VOLT and PWRD.
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Drawdown Indicators
| VOLT | PWRD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.40% | -14.12% | -9.28% |
Max Drawdown (1Y)Largest decline over 1 year | -8.96% | — | — |
Current DrawdownCurrent decline from peak | -4.12% | -0.74% | -3.38% |
Average DrawdownAverage peak-to-trough decline | -5.17% | -3.17% | -2.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | — | — |
Volatility
VOLT vs. PWRD - Volatility Comparison
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Volatility by Period
| VOLT | PWRD | 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% | 24.03% | -3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.11% | 24.03% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.11% | 24.03% | +0.08% |
VOLT vs. PWRD - Expense Ratio Comparison
Both VOLT and PWRD have an expense ratio of 0.75%.
Dividends
VOLT vs. PWRD - Dividend Comparison
VOLT's dividend yield for the trailing twelve months is around 0.33%, while PWRD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
PWRD TCW Transform Systems ETF | 0.00% | 0.00% | 0.00% |
VOLT Tema Electrification ETF | 0.33% | 0.46% | 0.01% |
Frequently Asked Questions
VOLT and PWRD have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
VOLT and PWRD have the same expense ratio: 0.75% per year.
VOLT has the higher dividend yield at 0.33%, compared with 0.00% for PWRD.
They also come from different issuers: Tema and TCW.
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