SPY vs VOLT
SPY vs VOLT
State Street SPDR S&P 500 ETF Trust vs Tema Electrification ETF
Quick Verdict
SPY has a lower expense ratio. VOLT delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | SPY | VOLT | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.75% | |
| AUM | $789.1B | $758M | |
| Dividend Yield | 1.01% | 0.32% | |
| Holdings | 505 | 31 | |
| YTD Return | +13.79% | +28.12% | |
| 1Y Return | +23.66% | +39.79% | |
| 3Y Return (annualized) | +21.40% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.3% | 24.4% | |
| Max Drawdown | -56.5% | -23.4% | |
| Fund Family | State Street Investment Management | Tema Global Limited | |
| Category | Equity | Equity | |
| Inception | Jan 22, 1993 | Dec 3, 2024 |
SPY vs VOLT Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Tema Electrification ETF (VOLT) is a ETF from Tema Global Limited. Over the past year SPY returned +23.66% while VOLT returned +39.79%. Year to date, SPY is up 13.79% versus a gain of 28.12% for VOLT.
Risk: Volatility and Drawdowns
VOLT has been the more volatile fund, with annualized monthly volatility of 24.4% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for SPY and -23.4% for VOLT. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SPY charges 0.09% per year while VOLT charges 0.75%. On a $10,000 position that is $9 vs $75 annually, a gap of $66 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.32% for VOLT.
Holdings Overlap
SPY and VOLT share 16 holdings out of 516 unique holdings combined, representing a 3.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SPY | Weight in VOLT | Difference |
|---|---|---|---|
| ETN | 0.25% | 5.59% | 5.34% |
| NEE | 0.28% | 5.48% | 5.20% |
| PWR | 0.16% | 5.08% | 4.92% |
| GEV | Pro | Pro | Pro |
| AEP | Pro | Pro | Pro |
| APH | Pro | Pro | Pro |
| HUBB | Pro | Pro | Pro |
| ETR | Pro | Pro | Pro |
| NI | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
See all 10 holdings SPY shares with VOLT Exact weights in each fund and the difference, for every overlapping position. X-ray my whole portfolio$99/yr Pro · 7-day refund | |||
Frequently Asked Questions
Which is cheaper, SPY or VOLT?
SPY has an expense ratio of 0.09% while VOLT charges 0.75%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, SPY or VOLT?
Over the past year SPY returned +23.66% vs +39.79% for VOLT, so VOLT leads on 1-year performance. Over the longest common window we track (2 years), SPY annualized +8.85% vs +28.01% for VOLT. Past performance does not guarantee future results.
Which is riskier, SPY or VOLT?
VOLT has been the more volatile fund at 24.4% annualized versus 15.3% for SPY. Worst drawdown: SPY -56.5% vs VOLT -23.4%.
Should I hold both SPY and VOLT?
SPY and VOLT have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPY and VOLT?
SPY and VOLT share 16 common holdings with a 3.1% weight overlap. Combined, they hold 516 unique securities.
Which pays a higher dividend, SPY or VOLT?
SPY yields 1.01% while VOLT yields 0.32%, so SPY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.