Tema ETFs (“Tema”), a leader in institutional-quality and actively managed exchange-traded funds, today announced that the Tema Electrification ETF (NASDAQ: VOLT) has surpassed $500 million in assets under management (AUM). This milestone was achieved less than 18 months after VOLT’s December 2024 listing and reflects growing investor demand for exposure to the rising electrification theme.
VOLT's rise comes at a time when electrification is gaining wider recognition from both investors and the general public. AI, data center expansion, industrial reshoring, and energy security are among a growing wave of forces placing unprecedented strain on legacy power infrastructure. Meeting that demand is accelerating capital deployment across numerous verticals of power generation—including nuclear, natural gas, and alternatives—as well as transmission and storage. These dynamics are especially pronounced in the U.S., where VOLT’s portfolio is primarily weighted and where Tema believes the most compelling opportunities currently reside.
“Electrification is one of the defining investment themes of this decade,” said Chris Semenuk, Investment Partner and Portfolio Manager of VOLT. “What we're seeing is the early stages of a multi‑decade capital cycle. From AI‑driven data center demand to grid modernization and industrial electrification, the scale of investment required is tremendous, and we view it as a high‑conviction, long‑term opportunity.”
VOLT’s popularity reflects a broader shift in how investors are using ETFs. As markets move beyond traditional sector exposures, Tema believes institutional‑quality portfolios managed by teams with deep domain expertise are better positioned to capture opportunities that are overlooked or underweighted by traditional index‑based approaches. VOLT currently ranks in the 1st percentile of its Morningstar Category year‑to‑date.¹
About Tema ETFs
Tema builds institutional-quality ETF solutions for a range of market environments, spanning high-conviction growth opportunities, durable core exposures, and alternatives. Founded in 2022, Tema is led by veterans of the ETF and global asset management industry, and backed by Index Ventures, Accel Partners, Zinal Growth, and over a dozen financial services CEOs and fintech founders.
Source: 1Morningstar, as of Apr 13, 2026. VOLT belongs to Morningstar’s U.S. Fund Mid-Cap Blend category.
VOLT Performance (as of March 31, 2026)
Standardized performance; past performance does not guarantee future results.
Period |
NAV Return |
Market Price Return |
1 Month |
-4.09% |
-4.12% |
3 Month |
18.24% |
$18.37% |
YTD |
18.24% |
$18.37% |
1 Year |
61.46% |
61.31% |
Since Inception (12/03/24) |
27.12% |
27.26% |
Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate such that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted.
Top 10 Holdings (as of April 13, 2026)
Holdings are subject to change.
- POWELL INDUSTRIES INC – 7.94%
- BEL FUSE INC – 6.65%
- NEXTERA ENERGY INC – 5.80%
- EATON CORP PLC – 5.38%
- QUANTA SERVICES INC – 4.87%
- AMERICAN ELECTRIC POWER CO INC – 4.63%
- GE VERNOVA INC – 4.31%
- ENTERGY CORP – 3.94%
- HUBBELL INC – 3.88%
- ENERGY TRANSFER LP – 3.51%
Risk Information
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus or summary prospectus, which may be obtained by visiting www.temaetfs.com. Read the prospectus carefully before investing.
Investing involves risk including possible loss of principal. There is no guarantee the adviser’s investment strategy will be successful.
Sector Focus Risk: The Fund may invest a significant portion of its assets in one or more sectors, including Industrials, Materials and Utilities, and thus will be more susceptible to the risks affecting those sectors than funds that have more diversified holdings across several sectors.
Electric companies require extensive investment in capital improvements and additions, including the construction of additional transmission and renewable generation facilities, modernizing existing infrastructure, installation of environmental upgrades and retrofits as well as other initiatives. Electric companies may provide services at rates approved by one or more regulatory commissions.
If these regulatory commissions do not approve adjustments to the rates charged, affected electric companies may not be able to recover the costs associated with their investments. This could negatively impact profitability and impact the performance of the Fund.
In addition, many materials companies are significantly affected by the level and volatility of commodity prices, exchange rates, import controls, worldwide competition, environmental policies and consumer demand.
Investing in Foreign and emerging markets involves risks relating to political, economic, or regulatory conditions not associated with investments in U.S. securities and instruments. In addition, the fund is exposed to currency risk.
Because the Fund evaluates ESG factors to assess and exclude certain investments for non-financial reasons, the Fund may forego some market opportunities available to funds that do not use these ESG factors.
Tema ETFs LLC serves as the investment adviser to Tema Electrification ETF (the “Fund”), and NEOS Investments, LLC serves as a sub adviser to the Fund. The Fund is distributed by Vigilant Distributors, LLC, which is not affiliated with Tema ETFs LLC nor NEOS Investments, LLC. Check the background of Vigilant Distributors, LLC on FINRA’s BrokerCheck.
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Cognito Media
Carl Bakenhus
carl.bakenhus@cognitomedia.com