VOLT
Tema Electrification ETF
Tema Electrification ETF seeks to provide investors with exposure to companies that are driving the transition to a more electrified and sustainable energy future.
Global
EQUITY
Active
MANAGEMENT STYLE
64.5 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Fund sponsor | Tema |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 03, 2024 |
| Assets (mns) | $64 |
| Expense ratio | 75 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Stock selection | |
| Weighting | |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NEXTERA ENERGY GROUP | 5.9 % |
| ITRON INC | 5.3 % |
| OGE ENERGY CORP | 5.3 % |
| GE VERONA | 5.0 % |
| ENTERGY CORP | 4.8 % |
| AMERICAN ELECTRIC POWER | 4.8 % |
| BEL FUSE INC-CL B | 4.7 % |
| PINNACLE WEST CAPITAL | 4.4 % |
| QUANTA SERVICES INC | 4.4 % |
| PNM RESOURCES INC | 4.2 % |
Constituent Breakdown
| Number of holdings | 26 |
| Herfindahl-Hirschman Index | 407 |
| Wgt avg mkt cap (mns) | $40,477 |
| Large cap (>$10bn) | 62.5% |
| Mid cap ($2-10bn) | 27.8% |
| Small cap (<$2bn) | 4.7% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 69.2 % |
 |
IRELAND | 7.0 % |
 |
FRANCE | 6.9 % |
 |
SWITZERLAND | 4.1 % |
 |
BERMUDA | 3.0 % |
 |
SPAIN | 2.2 % |
 |
BRITAIN | 1.8 % |
Historical Performance
Standardized Performance (as of 02/28/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | -3.9% | -- | -- | -- | -- | -- | -12.4% | Volatility | 36.9% | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 25 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.00% |
| ADV of underlying (mns) | $3,932 |
Technical Indicators
| Recent close | $21.79 |
| 30d moving avg. | $21.89 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 42 |
| Short interest (ETF) | 1.3% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. VOLT |
Expenses vs. VOLT |
ALTAR Score™ vs. VOLT |
|---|---|---|---|---|
| ZAP | Global X U.S. Electrification ETF | 30.6% | -25 bp | +1.5% |
| UTES | Virtus Reaves Utilities ETF | 28.9% | -26 bp | +1.2% |
| GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure | 27.0% | -17 bp | +2.3% |
| SOLR | Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund | 22.7% | +4 bp | +2.6% |
| RSPU | Invesco S&P 500 Equal Weight Utilities ETF | 22.5% | -35 bp | +2.3% |
| XLU | Utilities Select Sector SPDR Fund | 21.5% | -67 bp | +2.1% |
| FXU | First Trust Utilities AlphaDEX Fund | 21.5% | -11 bp | +1.9% |
| VPU | Vanguard Utilities ETF | 21.3% | -65 bp | +2.2% |
| FUTY | Fidelity MSCI Utilities Index ETF | 21.1% | -67 bp | +2.2% |
| IDU | iShares U.S. Utilities ETF | 20.0% | -35 bp | +1.6% |
Risk and Returns: VOLT vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2024 | 2025E | Fwd Est | 2026E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/2/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
VOLT
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
VOLT
3.3%
Cat. Avg
4.5%
ALTAR Score™ Calculation
Category Overview
There are 363 funds in the Global Equity category, with an average ALTAR Score™
of 4.5% and a standard deviation of
4.0%. VOLT's ALTAR Score™ is approximately
0.3 standard deviations
below
the category average. This places VOLT in the 37th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
VOLTSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active Global Equity ETFs |
| # of ETFs | 118 |
| Avg. Expense Ratio | 73.5 bp |
| Std. Deviation | 29.8 bp |
| VOLT (75 bp) Percentile rank | 55 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| VOLT | 75.0 | 0.0 | 75 |
| Peer Avg. | 72.6 | 36.2 | 108.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .