Global X - U.S. Electrification ETF
ZAP
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Dmitry Kashintsev
- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue New York NY United States of America 10158
- IPO Date
- Dec 18, 2024
- CIK
- 0001432353
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X U.S. Electrification ETF (ZAP) is an exchange-traded fund that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the Global X U.S. Electrification Index. The fund invests at least 80% of its net assets in securities of companies positioned to benefit from increased U.S. electricity demand and electrification trends, including those engaged in conventional electricity generation, transmission, and distribution; alternative electricity generation and technology solutions; and the modernization, development, manufacturing, or implementation of grid infrastructure and smart grid technology. It primarily targets U.S.-focused companies across utilities (approximately 70.8% sector weight), industrials (22.9%), materials (6.3%), and consumer discretionary (0.1%), with top holdings such as AMETEK Inc., Quanta Services Inc., National Grid PLC ADR, Consolidated Edison Inc., and NextEra Energy Inc. ZAP serves investors seeking exposure to electrification tailwinds driven by AI data centers, electric vehicle adoption, manufacturing resurgence, and grid expansion needs, projecting U.S. electricity demand growth of 35-50% between 2024 and 2040. Issued by Global X ETFs, a New York-based provider of thematic growth, income, commodity, and risk management exchange-traded funds founded in 2008 and headquartered at 605 Third Avenue, 43rd Floor, New York, New York, the firm manages over $55 billion in assets as part of Mirae Asset Financial Group. ZAP, with a total expense ratio of 0.50%, was launched on December 18, 2024, as the latest addition to Global X's suite of over 30 Thematic Growth ETFs, amid the firm's ongoing product innovation including new options-based income ETFs in February 2026 and leveraged ETFs in Canada during 2025. The fund trades on Nasdaq with ongoing performance tracking since inception, showing 1-year NAV returns of 21.78% as of early 2026 data.