Global X U.S. Electrification ETFGlobal X U.S. Electrification ETFGlobal X U.S. Electrification ETF

Global X U.S. Electrification ETF

No trades
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Key stats


Assets under management (AUM)
‪66.15 M‬USD
Fund flows (1Y)
‪63.59 M‬USD
Dividend yield (indicated)
1.06%
Discount/Premium to NAV
−0.1%
Shares outstanding
‪2.53 M‬
Expense ratio
0.50%

About Global X U.S. Electrification ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Inception date
Dec 17, 2024
Structure
Open-Ended Fund
Index tracked
Global X US Electrification Index - Benchmark TR Gross
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ZAP investing in stocks and ADRs for companies linked to electrification. The investment thesis is based on the development of AI technology drives increased demand for electricity. Such companies engage in conventional electricity generation, transmission, and distribution, alternative electricity generation and technology solutions, and the modernization, development, manufacturing, and/or implementation of grid infrastructure and smart grid technology. To qualify, companies must generate significant revenue from these areas, meet market capitalization and liquidity criteria, and are re-assessed semi-annually. Holdings are weighted by modified capitalization, capping individual holdings to manage risk. The Fund aims to mimic the Index without outperforming it, utilizing a replication or sampling strategy as needed to align closely with the Index's performance. The fund is non-diversified, concentrating on the electric utilities industry.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Infrastructure
Strategy
Vanilla
Geography
Developed Markets
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Utilities
Producer Manufacturing
Stock breakdown by region
91%8%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to ZAP via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZAP trades at 25.99 USD today, its price has risen 0.15% in the past 24 hours. Track more dynamics on ZAP price chart.
ZAP net asset value is 25.92 today — it's risen 4.05% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZAP assets under management is ‪66.15 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZAP price has risen by 4.69% over the last month, and its yearly performance shows a 8.24% increase. See more dynamics on ZAP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.05% over the last month, showed a 4.13% increase in three-month performance and has increased by 7.22% in a year.
ZAP fund flows account for ‪63.59 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZAP invests in stocks. See more details in our Analysis section.
ZAP expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZAP isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, ZAP pays dividends to its holders with the dividend yield of 1.06%.
ZAP trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZAP shares are issued by Mirae Asset Global Investments Co., Ltd.
ZAP follows the Global X US Electrification Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 17, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.