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VOLTvsPAVEETF Comparison

ETF 1

VOLT

Tema Electrification ETF

This fund is part of

Infrastructure

+1.01%

Full VOLT fund page

VS

ETF 2

PAVE

Global X U.S. Infrastructure Development ETF

This fund is part of

Infrastructure

+1.01%

Full PAVE fund page

Tema Electrification ETF (VOLT) and Global X U.S. Infrastructure Development ETF (PAVE) belong to the same industry segment: Infrastructure. VOLT's top 3 sector exposures are Industrials, Utilities and Information Technology. In contrast, PAVE's top sector exposures are Industrials, Materials and Utilities. VOLT is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.47% for PAVE. VOLT is up 36.29% year-to-date (YTD) with +$232M in YTD flows. PAVE performs worse with 17.94% YTD performance, and +$1.22B in YTD flows. Run a side-by-side ETF comparison of VOLT and PAVE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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VOLT vs PAVE performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	VOLT PAVE	+15.01%+12.23%	+26.45%+10.27%	+36.29%+17.94%	+84.41%+54.13%	n/a+107.79%	n/a+125.38%
Flows	VOLT PAVE	+$104M+$150M	+$209M+$963M	+$232M+$1.22B	+$402M+$1.75B	-+$3.77B	-+$4.68B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	VOLT PAVE	+25.29%+23.57%	+18.53%+18.78%	n/a+20.45%	n/a+21.93%
Max drawdown	VOLT PAVE	-7.99%-11.91%	-8.65%-11.91%	n/a-26.27%	n/a-26.27%
Max drawdown duration	VOLT PAVE	41d59d	78d59d	n/a239d	n/a239d

Trading data

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	VOLT	PAVE
Last sale 4/24/2026 at 1:30 PM	$39.44	$56.10
Previous close 04/23/2026	$39.46	$56.35
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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VOLT

is actively managed and doesn’t replicate an index

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	VOLT	PAVE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	VOLT	PAVE
Last price	$39.44	$56.10
1D performance	-0.05%	-0.44%
AuM	$614.43 M	$13.05 B
E/R	0.75%	0.47%

Characteristics

	VOLT	PAVE
Management strategy	Active	Passive
Provider	Tema	Global X
Benchmark	-	Indxx U.S. Infrastructure Development Index
N° of holdings	30	91
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 4, 2024	March 6, 2017
ESG	No	No

More VOLT data on Trackinsight

More PAVE data on Trackinsight

Exposure

Countries

VOLT

USA

84.22%

Ireland

10.01%

Other

5.77%

PAVE

USA

87.88%

Ireland

9.93%

Other

2.2%

Sectors

VOLT

Industrials

38.84%

Utilities

31.78%

Information Techn.

14.85%

Other

14.53%

PAVE

Industrials

68.61%

Materials

19.86%

Other

11.53%

Diversification

VOLT

Total weight of top 15 holdings out of 15

66.94%

PAVE

Total weight of top 15 holdings out of 15

46.17%

Top 15 holdings

Data as of March 31, 2026

VOLT

POWELL INDUSTRIES

6.59%

NEXTERA ENERGY

6.57%

BEL FUSE

6.00%

AMERICAN ELECTRIC POWER

5.13%

EATON CORP PLC

4.89%

QUANTA SERVICES

4.41%

ENTERGY

4.31%

ENERGY TRANSFER LP UNITS

4.15%

US36828A1016

4.04%

HUBBELL

3.85%

NISOURCE

3.82%

IDACORP

3.82%

OGE ENERGY

3.56%

VERTIV HOLDINGS

2.91%

MODINE MNFC CO

2.89%

PAVE

QUANTA SERVICES

3.59%

SEMPRA ENERGY

3.54%

CSX

3.50%

DEERE

3.34%

TRANE TECHNOLOGIES PLC

3.26%

UNION PACIFIC U

3.25%

EATON CORP PLC

3.24%

HOWMET AEROSPACE INC

3.23%

FASTENAL

3.17%

NORFOLK SOUTHERN

3.07%

PARKER HANNIFIN

2.88%

EMERSON ELECTRIC

2.58%

ROCKWELL AUTOMAT

2.58%

CRH PLC

2.58%

UNITED RENTALS

2.35%

Frequently asked questions about VOLT and PAVE

VOLTvsPAVEETF Comparison

Tema Electrification ETF

Global X U.S. Infrastructure Development ETF

VOLT vs PAVE performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the VOLT and PAVE ETFs performed in 2026?

As of April 23, 2026, VOLT is up 36.29% year-to-date (YTD), while PAVE has returned 17.94%. That puts VOLT better performer ahead so far this year.

Which ETF is attracting more investor money: VOLT or PAVE?

Year-to-date, the VOLT ETF saw +$232M in flows, compared to +$1.22B for PAVE.

Which ETF is more volatile: VOLT or PAVE?

Over the past year, VOLT had a volatility of 18.53%, while PAVE experienced 18.78%.

Which ETF is bigger: VOLT or PAVE?

As of April 23, 2026, VOLT holds $614.43 M in assets under management (AUM), while PAVE manages $13.05 B.

What sectors do the VOLT and PAVE ETFs invest in?

VOLT leans toward sectors like Industrials, Utilities and Information Technology. Meanwhile, PAVE focuses on Industrials and Materials.

What are the top holdings of the VOLT ETF and PAVE ETF?

VOLT top holdings include POWELL INDUSTRIES, NEXTERA ENERGY and BEL FUSE. PAVE holds in its top three: QUANTA SERVICES, SEMPRA ENERGY and CSX.

Which ETF is more diversified: VOLT or PAVE?

VOLT holds 30 securities with 66.94% of its assets in the top 15. PAVE has 99 securities and a top 15 weight of 46.17%.

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