ETF Evaluator:
Tema Electrification ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Mid-Cap Blend Over the Last Year
| 58.8% | Castellan Targeted Equity ETF (CTEF) |
| 53.8% | Invesco S&P Spin-Off ETF (CSD) |
| 43.0% | Counterpoint Quantitative Equity ETF (CPAI) |
| 40.8% | Optimize Strategy Index ETF (OPTZ) |
| 37.3% | Tema U.S. Manufacturing & Reshoring ETF (WELD) |
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ETF Details
Tema Electrification ETF Overview
Tema Electrification ETF (VOLT) is an actively managed U.S. Equity Mid-Cap Blend exchange-traded fund (ETF). Tema ETFs launched the ETF in 2024.
The investment seeks to provide long-term growth of capital.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies that are directly or indirectly economically tied to global electrification. The fund is non-diversified.
About Tema Electrification ETF (VOLT)
There are 5 members of the management team with an average tenure of 1.17 years: Yuri Khodjamirian (2024), Andrew Hicks (2026), Qiao Duan (2026), Maurits Pot (2024) and Christopher Semenuk (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: S&P 500 (TR) index with a weighting of 100%. Tema Electrification ETF has 29 securities in its portfolio. The top 10 holdings constitute 52.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Tema Electrification ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Tema Electrification ETF has 7.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 88.9% There is 7.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Tema Electrification ETF has 1.0% of the portfolio in cash.
Assets Under Management
The fund has $752 million in total assets, which is below the $4 billion average for the Mid-Cap Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
VOLT Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Tema Electrification ETF expense ratio is above average compared to funds in the Mid-Cap Blend category. Tema Electrification ETF has an expense ratio of 0.75%, which is 67% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Tema Electrification ETF has a portfolio turnover rate of 32%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 84% for the Mid-Cap Blend category.
Recently, in the month of July 2026, Tema Electrification ETF returned -11.4%, which earned it a grade of F, as the Mid-Cap Blend category had an average return of -1.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Tema Electrification ETF has a trailing yield of 0.24%, which is below the 0.85% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Tema Electrification ETF Grades
Year to date, the ETF has returned 28.1%, 14.1 percentage points better than the category, which translates into a grade of A. The fund has returned 36.7% over the past year (grade of A).
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VOLT Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| VOLT Return (NAV) | -11.4% | -8.4% | 36.7% | na | na | na |
| VOLT Return (Price) | -11.4% | -8.4% | 36.6% | na | na | na |
| NAV +/- Price Return | -0.014% | 0.016% | 0.132% | na | na | na |
| Mid-Cap Blend Avg | -1.6% | 4.4% | 20.8% | 14.8% | 8.8% | 11.6% |
| VOLT Grade (NAV) | F | F | A | na | na | na |
| +/- Category (NAV) | -9.8% | -12.8% | 16.0% | na | na | na |
| VOLT Tax-Cost Ratio | na | na | 0.2% | na | na | na |
VOLT Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| VOLT Return (NAV) | 28.1% | 26.0% | na | na | na | na | na | na | na | na | na |
| VOLT Return (Price) | 28.3% | 25.9% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.006% | -0.002% | na | na | na | na | na | na | na | na | na |
| Mid-Cap Blend Avg | 14.0% | 10.6% | 16.1% | 16.9% | -14.4% | 23.3% | 15.6% | 27.4% | -9.1% | 19.1% | 14.8% |
| VOLT Grade (NAV) | A | A | na | na | na | na | na | na | na | na | na |
| +/- Category | 14.1% | 15.3% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 0.2% |
| Total Assets: | $ 753 Mil |
| Share Class Assets: | $ 753 Mil |
| Turnover: | 32.0% |
| Expense Ratio: | 0.75% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 1.7 years | |||
| Average Tenure: 1.2 years | |||
| Managers (Year): Khodjamirian Yuri (2024), Pot Maurits (2024), Semenuk Christopher (2024), Hicks Andrew (2026), Duan Qiao (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 29 |
| % in Top 10 Holdings: | 52.8% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 7.4% |
Portfolio Allocation |
|
| Domestic Stock: | 88.9% |
| Foreign Stock: | 7.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 2.7% |
| Cash: | 1.0% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Tema ETFs |
| Phone Number: | 833-833-1311 |
| Website: | www.tema.co |
| Inception Date: | December 3, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.75% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.45% |
