Do ELFY and VOLT hold the same stocks?

By their latest filings, 16% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, ELFY or VOLT?

ELFY has 48% of its weight in S&P 500 names and VOLT has 53%, so VOLT differs more from the index.

Which is cheaper, ELFY or VOLT?

ELFY charges 0.50% a year and VOLT charges 0.75%, so ELFY is cheaper. Fees come from each fund's prospectus.

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ELFY vs VOLT: which is really different?

ELFY and VOLT hold 16% of their weight in the same names, and VOLT returned +23.6% over the year. ALPS Electrification Infrastructure ETF and Tema Electrification ETF.

48.1%

ELFY in the S&P 500

52.8%

VOLT in the S&P 500

+8.7%

ELFY total return, 1 year

+23.6%

VOLT total return, 1 year

ELFY · 1 year to Sep 30, 202652% of its weight is outside the S&P 500

48% of ELFY's weight is in S&P 500 companies and 52% is outside the index

VOLT · 1 year to Sep 30, 202647% of its weight is outside the S&P 500

53% of VOLT's weight is in S&P 500 companies and 47% is outside the index

ETFIQ Off-Index Score · VOLT scores higherHow much of it is not the index it is sold as an alternative to?

ELFY 30.8

VOLT 39.6

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, ELFY and VOLT hold 16% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 30, 2026.

50%

half

16% in common

Positions both hold, largest shared weight first

Holding ELFY VOLT

Bloom Energy Corp 1.49% 4.45%

Powell Industries Inc 1.36% 5.48%

Nvent Electric Plc 1.28% 4.52%

Quanta Services Inc 1.03% 5.55%

Vertiv Holdings Co 0.98% 0.95%

Ge Vernova Inc 0.95% 4.37%

Eaton Corp Plc 0.94% 6.36%

Amphenol Corp 0.93% 6.70%

Entergy Corp 0.86% 3.60%

Hubbell Inc 0.84% 4.47%

Idacorp Inc 0.82% 4.38%

Nisource Inc 0.81% 3.00%

Only in ELFY

Sterling Infrastructure Inc 1.75%

Vicor Corp 1.66%

Enphase Energy Inc 1.32%

First Solar Inc 1.28%

Ies Holdings Inc 1.28%

Coherent Corp 1.23%

Applied Optoelectronics Inc 1.23%

Qnity Electronics Inc 1.20%

Only in VOLT

BEL FUSE INC 6.73%

ENERGY TRANSFER LP 5.16%

ADVANCED ENERGY INDUSTRIES INC 3.99%

ABB LTD 2.99%

CATERPILLAR INC 2.18%

ANTHROPIC SPV EXPOSURE 2.14%

JOHNSON CONTROLS INTERNATIONAL PLC 1.67%

SCHNEIDER ELECTRIC SE 1.47%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

16% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	ELFY	VOLT	ELFY	VOLT	ELFY	VOLT
3 months	−11.6%	−12.3%	−14.1 pts	−14.8 pts	−13.7 pts	−14.4 pts
6 months	−2.8%	+1.8%	−19.7 pts	−15.2 pts	−29.6 pts	−25.1 pts
1 year	+8.7%	+23.6%	−7.0 pts	+7.9 pts	−15.1 pts	−0.2 pts
Since launch ELFY Apr 2025 · VOLT Dec 2024	+49.7%	+40.6%	+1.9 pts	+12.2 pts	−17.2 pts	−2.2 pts

ELFY and VOLT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ELFY

ALPS Electrification Infrastructure ETF · Holds 108 stocks in electrification and the grid, 48% of its weight in S&P 500 companies

VOLT

Tema Electrification ETF · Holds 26 stocks in electrification and the grid, 53% of its weight in S&P 500 companies

Issuer ALPS Tema

Theme Electrification and the grid Electrification and the grid

In the S&P 500 48.1% 52.8%

Active share vs the S&P 500 94.6% 96.9%

In the Nasdaq-100 3.1% 6.8%

Holdings 108 26

Top ten, share of the fund 13.9% 54.8%

Expense ratio 0.50% 0.75%

Fee for the differing part 0.53% 0.77%

Total return, 1 year +8.7% +23.6%

vs the S&P 500 −7.0 pts +7.9 pts

vs the Nasdaq-100 −15.1 pts −0.2 pts

Below its high −15.2% −15.7%

Net assets $203m $727m

ELFY and VOLT on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ELFY in plain words

By weight, 48% of ELFY's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 14% of the fund across 108 positions, as filed for May 31, 2026. Over the year to Sep 30, 2026 the fund returned +8.7% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 7.0 pts. It sits 15.2% below its all-time high of Jun 2, 2026.

VOLT in plain words

By weight, 53% of VOLT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 55% of the fund across 26 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +23.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 7.9 pts. It sits 15.7% below its all-time high of Jun 22, 2026.

Questions people ask

Do ELFY and VOLT hold the same stocks?: By their latest filings, 16% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ELFY or VOLT?: ELFY has 48% of its weight in S&P 500 names and VOLT has 53%, so VOLT differs more from the index.
Which is cheaper, ELFY or VOLT?: ELFY charges 0.50% a year and VOLT charges 0.75%, so ELFY is cheaper. Fees come from each fund's prospectus.

Other comparisons

ELFY vs TRFM ELFY vs ZAP ELFY vs COPA ELFY vs COPJ VOLT vs ZAP VOLT vs GRID VOLT vs EMET VOLT vs FPWR

ELFY on its own →VOLT on its own →How every figure is computed →Standards and sources →

Where these figures came from

ELFY filings on SEC EDGAR ↗ELFY prospectus with the expense ratio (SEC) ↗ALPS website ↗VOLT filings on SEC EDGAR ↗VOLT prospectus with the expense ratio (SEC) ↗Tema page for VOLT ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, ELFY against VOLT, data as of Sep 30, 2026. https://etfiq.com/compare/themes/elfy-vs-volt

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.