Do POWR and VOLT hold the same stocks?

By their latest filings, 37% 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, POWR or VOLT?

POWR has 80% of its weight in S&P 500 names and VOLT has 53%, so POWR differs more from the index.

Which is cheaper, POWR or VOLT?

POWR charges 0.39% a year and VOLT charges 0.75%, so POWR is cheaper. Fees come from each fund's prospectus.

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POWR vs VOLT: which is really different?

POWR and VOLT hold 37% of their weight in the same names, and VOLT returned +23.6% over the year. iShares U.S. Power Infrastructure ETF and Tema Electrification ETF.

80.5%

POWR in the S&P 500

52.8%

VOLT in the S&P 500

+2.8%

POWR total return, 1 year

+23.6%

VOLT total return, 1 year

POWR · 1 year to Sep 30, 202620% of its weight is outside the S&P 500

81% of POWR's weight is in S&P 500 companies and 20% 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 · POWR scores higherHow much of it is not the index it is sold as an alternative to?

POWR 39.6

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, POWR and VOLT hold 37% 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

37% in common

Positions both hold, largest shared weight first

Holding POWR VOLT

EATON PLC 6.56% 6.36%

QUANTA SERVICES INC 6.50% 5.55%

NEXTERA ENERGY 5.81% 4.93%

GE VERNOVA 6.34% 4.37%

NVENT ELECTRIC PLC 3.81% 4.52%

HUBBELL INC 3.51% 4.47%

AMERICAN ELECTRIC POWER INC 2.72% 4.87%

ENTERGY CORP 1.95% 3.60%

XCEL ENERGY INC 1.86% 1.94%

POWELL INDUSTRIES INC 0.78% 5.48%

OGE ENERGY 0.40% 4.48%

IDACORP 0.32% 4.38%

Only in POWR

EQT 4.45%

SOUTHERN 4.02%

DUKE ENERGY CORP 3.75%

CONSTELLATION ENERGY CORP 3.53%

EXPAND ENERGY 2.85%

FIRST SOLAR 2.76%

DOMINION ENERGY 2.24%

VISTRA 1.84%

Only in VOLT

BEL FUSE INC 6.73%

AMPHENOL CORP 6.70%

ENERGY TRANSFER LP 5.16%

BLOOM ENERGY CORP 4.45%

ADVANCED ENERGY INDUSTRIES INC 3.99%

NISOURCE INC 3.00%

ABB LTD 2.99%

WILLIAMS COS INC/THE 2.24%

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

37% 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	POWR	VOLT	POWR	VOLT	POWR	VOLT
3 months	−11.1%	−12.3%	−13.6 pts	−14.8 pts	−13.2 pts	−14.4 pts
6 months	−7.6%	+1.8%	−24.6 pts	−15.2 pts	−34.5 pts	−25.1 pts
1 year	+2.8%	+23.6%	−12.9 pts	+7.9 pts	−20.9 pts	−0.2 pts
3 years	+8.7%	not published	−76.3 pts	not published	−101.3 pts	not published
Since launch POWR Feb 2012 · VOLT Dec 2024	+64.8%	+40.6%	−577.6 pts	+12.2 pts	−1207.1 pts	−2.2 pts

POWR 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

POWR

iShares U.S. Power Infrastructure ETF · Holds 82 stocks in electrification and the grid, 80% 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 iShares Tema

Theme Electrification and the grid Electrification and the grid

In the S&P 500 80.5% 52.8%

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

In the Nasdaq-100 9.9% 6.8%

Holdings 82 26

Top ten, share of the fund 48.3% 54.8%

Expense ratio 0.39% 0.75%

Fee for the differing part 0.40% 0.77%

Total return, 1 year +2.8% +23.6%

vs the S&P 500 −12.9 pts +7.9 pts

vs the Nasdaq-100 −20.9 pts −0.2 pts

Below its high −13.8% −15.7%

Net assets $426m $727m

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

POWR in plain words

By weight, 80% of POWR'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 48% of the fund across 82 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +2.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 12.9 pts. It sits 13.8% below its all-time high of May 5, 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 POWR and VOLT hold the same stocks?: By their latest filings, 37% 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, POWR or VOLT?: POWR has 80% of its weight in S&P 500 names and VOLT has 53%, so POWR differs more from the index.
Which is cheaper, POWR or VOLT?: POWR charges 0.39% a year and VOLT charges 0.75%, so POWR is cheaper. Fees come from each fund's prospectus.

Other comparisons

POWR vs TRFM POWR vs ZAP POWR vs COPA POWR vs COPJ VOLT vs COPJ VOLT vs COPP VOLT vs COPX VOLT vs ELFY

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

Where these figures came from

POWR filings on SEC EDGAR ↗POWR prospectus with the expense ratio (SEC) ↗iShares page for POWR ↗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, POWR against VOLT, data as of Sep 30, 2026. https://etfiq.com/compare/themes/powr-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.