Tema Electrification ETF surged 38% year-to-date, driven by AI-driven power infrastructure needs, outpacing the S&P 500’s 11% gain.
A $10,000 investment in the Tema Electrification ETF (VOLT) on December 31, 2025, grew to $13,750 by June 4, 2026, a 38% gain. The S&P 500 (SPY) returned 11% over the same period, less than a third of VOLT’s performance.
VOLT, launched on December 1, 2024, benefits from surging demand for transformers, switchgear, and cable as AI data centers strain the U.S. power grid. The fund’s 67% trailing-year run reflects tight transformer supply and sustained hyperscaler capital expenditure.
Shares opened 2026 at $28.93, with performance tied to grid expansion and policy support. The gap with the S&P 500 highlights a shift in AI bottlenecks from chips to power infrastructure.