Key stats
About Global X U.S. Electrification ETF
Home page
Inception date
Dec 17, 2024
Structure
Open-Ended Fund
Replication method
Physical
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Utilities
Producer Manufacturing
Stocks99.93%
Utilities79.13%
Producer Manufacturing14.24%
Industrial Services6.27%
Electronic Technology0.16%
Retail Trade0.12%
Bonds, Cash & Other0.07%
Cash0.07%
Stock breakdown by region
North America91.68%
Europe8.32%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ZAP invests in stocks. The fund's major sectors are Utilities, with 79.13% stocks, and Producer Manufacturing, with 14.24% of the basket. The assets are mostly located in the North America region.
ZAP top holdings are Constellation Energy Corporation and Vistra Corp., occupying 5.51% and 5.19% of the portfolio correspondingly.
ZAP last dividends amounted to 0.14 USD. The quarter before, the issuer paid 0.00 USD in dividends, which shows a 99.51% increase.
ZAP assets under management is 65.29 M USD. It's risen 12.90% over the last month.
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.
Yes, ZAP pays dividends to its holders with the dividend yield of 1.05%. The last dividend (Apr 10, 2025) amounted to 0.14 USD. The dividends are paid quarterly.
ZAP shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand Global X. The ETF was launched on Dec 17, 2024, and its management style is Passive.
ZAP expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
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.
ZAP invests in stocks.
ZAP price has risen by 5.58% over the last month, and its yearly performance shows a 8.74% increase. See more dynamics on ZAP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.04% over the last month, showed a 4.74% increase in three-month performance and has increased by 7.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.04% over the last month, showed a 4.74% increase in three-month performance and has increased by 7.84% in a year.
ZAP trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.