Tema Electrification ETF (VOLT) has surpassed $1 billion in assets under management less than two years after its launch.
The fund launched with $1 million in seed capital; the asset milestone is based on data as of November 3, 2026. Its investment focus spans AI power infrastructure, U.S. grid modernization, and nuclear and alternative energy. Tema attributes the milestone to fund performance, adoption among financial advisors and institutional investors, and interest in electrification.
Tema Electrification ETF (NASDAQ: VOLT) surpassed $500 million in assets under management less than 18 months after its December 2024 listing, reflecting strong investor demand for electrification exposure. VOLT ranks in the 1st percentile of its Morningstar category year-to-date and is primarily weighted in the U.S., targeting power generation, transmission and storage opportunities tied to a long-term capital cycle.
Tema ETFs has launched the world's first Electrification ETF (VOLT) on Nasdaq, managed by Chris Semenuk, who brings 25 years of experience managing $5bn in global equities at TIAA. The ETF aims to capitalize on the electrification megacycle, where power demand is expected to exceed supply by 2025, creating a 40 GW capacity gap by 2030.
The investment opportunity spans across generation, storage, transmission, and distribution sectors, requiring nearly $7 trillion of investment according to Goldman Sachs. The fund targets companies benefiting from increasing power demands driven by AI, mobility, digitization, and reindustrialization. Semenuk's track record includes managing the Tema American Reshoring ETF (RSHO), which has delivered +66.26% return, outperforming both S&P 500 and S&P 400.