Do JOUL and VOLT hold the same stocks?

By their latest filings, 33% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

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

JOUL has 38% of its weight in S&P 500 names and VOLT has 53%, so JOUL differs more from the index.

Which is cheaper, JOUL or VOLT?

JOUL charges 0.35% a year and VOLT charges 0.75%, so JOUL is cheaper. Fees come from each fund's prospectus.

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JOUL vs VOLT: which is really different?

JOUL and VOLT hold 33% of their weight in the same names. Corgi High Voltage Grid Equipment ETF and Tema Electrification ETF.

37.7%

JOUL in the S&P 500

52.8%

VOLT in the S&P 500

−15.3%

JOUL total return, since launch

+23.6%

VOLT total return, 1 year

JOUL · 3 months to Sep 30, 202662% of its weight is outside the S&P 500

38% of JOUL's weight is in S&P 500 companies and 62% 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 · JOUL scores higherHow much of it is not the index it is sold as an alternative to?

JOUL 62.3

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, JOUL and VOLT hold 33% 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 Sep 30, 2026.

50%

half

33% in common

Positions both hold, largest shared weight first

Holding JOUL VOLT

Eaton Corp PLC 14.62% 6.36%

Quanta Services Inc 5.75% 5.55%

nVent Electric PLC 5.33% 4.52%

Hubbell Inc 4.47% 4.47%

GE Vernova Inc 12.91% 4.37%

Advanced Energy Industries Inc 4.04% 3.99%

Powell Industries Inc 3.58% 5.48%

Only in JOUL

Arcosa Inc 5.50%

Valmont Industries Inc 4.43%

Forgent Power Solutions Inc 4.30%

Atkore Inc 4.29%

ESCO Technologies Inc 3.92%

MYR Group Inc 3.83%

Itron Inc 3.77%

Preformed Line Products Co 3.60%

Only in VOLT

BEL FUSE INC 6.73%

AMPHENOL CORP 6.70%

ENERGY TRANSFER LP 5.16%

NEXTERA ENERGY INC 4.93%

AMERICAN ELECTRIC POWER CO INC 4.87%

OGE ENERGY CORP 4.48%

BLOOM ENERGY CORP 4.45%

IDACORP INC 4.38%

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

33% 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	JOUL	VOLT	JOUL	VOLT	JOUL	VOLT
3 months	−13.6%	−12.3%	−16.1 pts	−14.8 pts	−15.7 pts	−14.4 pts
6 months	not published	+1.8%	not published	−15.2 pts	not published	−25.1 pts
1 year	not published	+23.6%	not published	+7.9 pts	not published	−0.2 pts
Since launch JOUL May 2026 · VOLT Dec 2024	−15.3%	+40.6%	−19.7 pts	+12.2 pts	−21.8 pts	−2.2 pts

JOUL 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

JOUL

Corgi High Voltage Grid Equipment ETF · Holds 20 stocks in electrification and the grid, 38% 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 Corgi Tema

Theme Electrification and the grid Electrification and the grid

In the S&P 500 37.7% 52.8%

Active share vs the S&P 500 99.0% 96.9%

In the Nasdaq-100 0.0% 6.8%

Holdings 20 26

Top ten, share of the fund 65.6% 54.8%

Expense ratio 0.35% 0.75%

Fee for the differing part 0.35% 0.77%

Total return, 1 year −15.3% (since launch on May 6, 2026) +23.6%

vs the S&P 500 −19.7 pts +7.9 pts

vs the Nasdaq-100 −21.8 pts −0.2 pts

Below its high −18.3% −15.7%

Net assets $9m $727m

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

JOUL in plain words

By weight, 38% of JOUL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 66% of the fund across 20 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 6, 2026 the fund returned −15.3% with distributions reinvested against +4.5% for the S&P 500, so a holder was behind by 19.7 pts. It sits 18.3% below its all-time high of Jun 22, 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 JOUL and VOLT hold the same stocks?: By their latest filings, 33% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, JOUL or VOLT?: JOUL has 38% of its weight in S&P 500 names and VOLT has 53%, so JOUL differs more from the index.
Which is cheaper, JOUL or VOLT?: JOUL charges 0.35% a year and VOLT charges 0.75%, so JOUL is cheaper. Fees come from each fund's prospectus.

Other comparisons

JOUL vs TRFM JOUL vs COPX JOUL vs ELFY JOUL vs EMET VOLT vs COPP VOLT vs COPX VOLT vs ELFY VOLT vs ZAP

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

Where these figures came from

JOUL filings on SEC EDGAR ↗JOUL prospectus with the expense ratio (SEC) ↗Corgi 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, JOUL against VOLT, data as of Sep 30, 2026. https://etfiq.com/compare/themes/joul-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.