ZAP
Global X U.S. Electrification ETF
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 440.4 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Inception date | Dec 17, 2024 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| BLOOM ENERGY CORPORATION CLASS A | 5.0 % |
| QUANTA SERVICES INC | 5.0 % |
| CONSTELLATION ENERGY CORPORATION | 4.1 % |
| NEXTERA ENERGY GROUP | 4.1 % |
| NATIONAL GRID PLC SPONSORED ADR | 4.0 % |
| DOMINION RESOURCES INC/VA | 4.0 % |
| EATON CORP PLC | 4.0 % |
| AMETEK INC | 3.9 % |
| XCEL ENERGY INC | 3.9 % |
| AMERICAN ELECTRIC POWER | 3.9 % |
Constituent Breakdown
| Number of holdings | 45 |
| Herfindahl-Hirschman Index | 343 |
| Wgt avg mkt cap (mns) | $51,515 |
| Large cap (>$10bn) | 92.6% |
| Mid cap ($2-10bn) | 6.6% |
| Small cap (<$2bn) | 0.8% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 90.4 % |
 |
BRITAIN | 4.0 % |
 |
IRELAND | 4.0 % |
 |
CANADA | 1.6 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 19.6% | 39.9% | -- | -- | -- | -- | -- | -67.2% |
| Dividend Yield | 0.5% | 2.5% | -- | -- | -- | -- | -- | 0.6% |
| Total Returns | 20.1% | 42.4% | -- | -- | -- | -- | -- | -66.6% | Ann. Volatility | 16.4% | 14.3% | -- | -- | -- | -- | -- | 75.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.58 | 25% |
| MSCI EAFE | 0.50 | 26% |
| MSCI Emg Mkts | 0.36 | 21% |
Liquidity Measures
| Avg. volume (000) | 114 |
| ADV traded (mns) | $4 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $33.47 |
| Relative strength (RSI) | 56 |
| MACD/Signal | 0.39/0.45 |
| Bollinger Bands (Upper/Lower) | $34.91/$32.62 |
| Short interest (% of AUM) | 0.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ZAP |
Expenses vs. ZAP |
ALTAR Score™ vs. ZAP |
|---|---|---|---|---|
| RSPU | Invesco S&P 500 Equal Weight Utilities ETF | 54.8% | -10 bp | +1.8% |
| XLU | Utilities Select Sector SPDR | 53.9% | -42 bp | +1.5% |
| VPU | Vanguard Utilities ETF | 53.9% | -41 bp | +1.6% |
| FUTY | Fidelity MSCI Utilities Index ETF | 53.8% | -42 bp | +1.6% |
| IDU | iShares U.S. Utilities ETF | 51.0% | -10 bp | +1.2% |
| POWR | iShares U.S. Power Infrastructure ETF | 48.3% | -10 bp | +0.6% |
| FXU | First Trust Utilities AlphaDEX Fund | 41.9% | +14 bp | +2.1% |
| JXI | iShares Global Utilities ETF | 40.6% | -7 bp | +1.9% |
| FPWR | First Trust EIP Power Solutions ETF | 35.0% | +46 bp | +1.0% |
| PUI | Invesco Dorsey Wright Utilities Momentum ETF | 34.2% | +10 bp | +1.0% |
Risk and Returns: ZAP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/12/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.6%
ALTAR SCORE™
20nd
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,203 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. ZAP's ALTAR Score™ is approximately -0.8 standard
deviations above the category average. This places ZAP in the 20nd percentile
among funds in the category.
Sell-Side Consensus
$35.06
PRICE TARGET
+2.9%
UPSIDE