VOLT
Tema Electrification ETF

Invest in Electrification, Power and Nuclear.

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Share Price:

$28.55

November 21, 2025

Factsheet

How to Invest

Why Invest in VOLT ETF?

Structural Demand

U.S. electricity demand is projected to increase ~47% by 2040, driven by growth of AI data centres, manufacturing, electric vehicles and digital assets.

Source: NextEra, Oct 2024.

Supply Deficit

Following decades of underinvestment, the U.S. grid requires significant upgrades and expanded capacity, while new energy sources like nuclear are needed to support growing demand.

Investment Expertise

VOLT is managed by a veteran investor with over 20-year investment track record covering these companies.

Fund Overview

Fund Details

As of November 21, 2025

Ticker

VOLT

CUSIP

87975E834

Fund Inception Date

12/03/24

Gross Expense Ratio

0.75%

AuM ($)

$209,348,816

# of Holdings

Shares Outstanding

7,350,000

Portfolio Manager

Chris Semenuk

Primary Exchange

Nasdaq

Fund Summary

The Tema Electrification ETF (VOLT) seeks to invest in companies that stand to benefit from increased electricity demand and electrification within the United States. This includes companies that are involved in conventional electricity generation and transmission, grid infrastructure, including smart grid technology, and alternative electricity generation technologies.

VOLT Overview

Summary Prospectus

Portfolio Breakdown

Top 10 holdings

As of November 21, 2025

Company

% of Nav

NEXTERA ENERGY INC

6.83%

BEL FUSE INC

5.54%

POWELL INDUSTRIES INC

5.52%

QUANTA SERVICES INC

5.33%

AMPHENOL CORP

4.89%

AMERICAN ELECTRIC POWER CO INC

4.51%

ENERGY TRANSFER LP

4.16%

NISOURCE INC

4.09%

IDACORP INC

4.00%

HUBBELL INC

4.00%

Download Holdings

Country Breakdown

United States

82.10%

Ireland

9.46%

France

3.24%

Switzerland

2.95%

Others

2.25%

Industry Breakdown

Industrials

41.92%

Utilities

36.87%

Information Technology

16.08%

Energy

4.16%

Cash & Cash Equivalents

0.97%

Performance
Distributions
Premium / Discount

Prices & Performance

As of

Oct 31, 2025

VOLT

3 months

1 Year

3 Years

5 Years

Since inception

NAV

11.85% 13.17%

21.78% 15.05%

Market Price

11.73% 13.08%

21.97% 15.17%

Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Returns for periods of less than one year are not annualized.

The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date because there is no bid/ask spread until the fund starts trading.

Distributions

Record Date

Ex-Date

Payable Date

Total Distribution

Income

ST Cap Gains

LT Cap Gains

Dec 27, 2024

Dec 30, 2024

$0.00138215

$0.00

0.24 0.04 0.28 0.19 0.13 0.09 0.03 0.22 0.14 0.19 0.26 0.26 0.29 0.17 0.35

Premium/Discount

Сhart Table

Days Traded at Nav

Days Traded at Premium

Days Traded at Discount

2024/Q4

2025/Q1

2025/Q2

2025/Q3

VOLT NAV / Market Price

NAV$28.48

NAV change (1D)$0.05

Median Bid/Ask Spread (30 Day)0.14%

Market Price$28.55

Market Price Change (1D)$0.11

Premium/Discount0.24%

As of: November 21, 2025

November-25 October-25 September-25 August-25 July-25 June-25 May-25 April-25 March-25 February-25 January-25 December-24

How does the Tema VOLT ETF fit in a portfolio?

Investment Style Box

Source: Tema. The investment style Box reveal’s a fund’s investment strategy by showing its investment style and market capitalization based on the fund’s portfolio holdings.

Potential Portfolio

Equity Allocation

3-5%

Equity Satellite

VOLT ETF

Equity core

Where could a position be funded from?

From a mid cap position due to VOLT’s mid-cap growth style.
We believe the quality bias makes for a strong alternative or compliment to a broad index approach.
Mid-cap businesses typically under-represented in a portfolio, despite having a historically positive effect on risk-adjusted returns.

How to Invest

*Neither Tema ETFs LLC nor undefined ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.

Related Research & Insights

Stay informed with our latest research, insights, and market analysis to make better investment decisions.

A Guide to Investing in the Nuclear Energy Renaissance

Given the unprecedented rise in power demand over the next few decades, nuclear power can no longer be ignored. Yet investing in nuclear is fraught wi...

White Paper: Artificial Intelligence is No Longer Just a Technology Story — it’s an Electrification Story

The race to build AI infrastructure is colliding with the limits of the global power system. Over the past year, announcements of new AI data centers ...

Electrification Sparks: Not Enough Supply

One of the surest signs of the desperate need for electrification investment to bring supply in line with rising demand happened this summer. Every ye...

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 Foreside Fund Services LLC, which is not affiliated with Tema ETFs LLC nor NEOS Investments, LLC. Check the background of Foreside on FINRA’s BrokerCheck.

Get in Touch

VOLT Tema Electrification ETF

$28.55

Why Invest in VOLT ETF?

Structural Demand

Supply Deficit

Investment Expertise

Fund Overview

Fund Details

As of November 21, 2025

Fund Summary

Portfolio Breakdown

Top 10 holdings

As of November 21, 2025

Country Breakdown

United States

Ireland

France

Switzerland

Others

Industry Breakdown

Industrials

Utilities

Information Technology

Energy

Cash & Cash Equivalents

Prices & Performance

VOLT

3 months

1 Year

3 Years

5 Years

Since inception

Distributions

Record Date

Ex-Date

Payable Date

Total Distribution

Income

ST Cap Gains

LT Cap Gains

Premium/Discount

Days Traded at Nav

Days Traded at Premium

Days Traded at Discount

VOLT NAV / Market Price

How does the Tema VOLT ETF fit in a portfolio?

Investment Style Box

Potential Portfolio

Equity Allocation

3-5%

Equity Satellite

Where could a position be funded from?

Fund Documents

How to Invest

Related Research & Insights

A Guide to Investing in the Nuclear Energy Renaissance

White Paper: Artificial Intelligence is No Longer Just a Technology Story — it’s an Electrification Story

Electrification Sparks: Not Enough Supply

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VOLT
Tema Electrification ETF