This ETF is handily beating the S&P 500—and analysts say it could be one of the big winners of the AI boom

Group 1 - The Tema Electrification ETF (VOLT) has surged 33% year to date, outperforming the S&P 500's 17% gain, with analysts projecting a potential 20% relative outperformance by 2027 [2][3] - The fund's investment thesis is based on the increasing electricity demand driven by the AI boom, benefiting companies involved in power generation and transmission [3][5] - Major holdings in the fund include Powell Industries, NextEra Energy, and Bel Fuse, with total assets under management of $168.3 million as of October 31 [4] Group 2 - Global electricity demand from data centers is projected to more than double to 945 terawatt hours by 2030, with U.S. energy demand expected to grow at a 15% compounded annual rate [5][6] - The U.S. power infrastructure is rated a D+ by the American Society of Civil Engineers, indicating a need for significant upgrades, which is expected to drive a grid-upgrade super cycle [7] - Major tech companies are significantly increasing their capital expenditures on AI infrastructure, with a combined $113.4 billion spent in Q3 2025, a 73% year-over-year increase [8]