| NAV | $24.33 | Daily Change | -$0.06 | -0.25% |
| Market Price | $24.36 | Daily Change | -$0.05 | -0.20% |
U.S. electricity demand is projected to increase 47% between 2024 and 2040 due to the expansion of AI data centers and manufacturing, as well as the adoption of EVs.1,2,3
Companies that can potentially benefit from U.S. electrification tailwinds include alternative and conventional electricity providers, and those involved in the growth and modernization of the U.S. power grid.
U.S. utilities will likely need to significantly expand power generation and grid infrastructure to keep up with the rising electricity demand and address other challenges, such as aging assets.
1NextEra, Oct 2024
2EIA, Dec 2024
3ICF, Sep 2024
| Inception Date | 12/17/24 |
| Total Expense Ratio | 0.50% |
| Net Assets | $57.66 million |
| NAV | $24.33 |
| Fact Sheet | View the document |
The Global X U.S. Electrification ETF (ZAP) seeks to invest in companies that potentially stand to benefit from the increased electricity demand and electrification within the United States. This includes companies that are involved 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.
The Global X U.S. Electrification ETF (ZAP) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Global X U.S. Electrification Index.
| Ticker | ZAP |
| Bloomberg Index Ticker | GXZAPUN |
| CUSIP | 37960A370 |
| ISIN | US37960A3703 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 2,370,000 |
| Number of Holdings | 46 |
| 30-Day Median Bid-Ask Spread | 0.24% |
| 30-Day SEC Yield | 2.52% |
| Distribution Frequency | Quarterly |
| NAV | $24.33 | Daily Change | -$0.06 | -0.25% |
| Market Price | $24.36 | Daily Change | -$0.05 | -0.20% |
|
As of recent (12/31/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| Year-to-Date | -- | -- | -- |
| 1 Month | -- | -- | -- |
| 3 Months | -- | -- | -- |
| Since Inception | -1.34% | -1.34% | -1.33% |
| Year-to-Date | 2.96% | 2.96% | 3.04% |
| 1 Month | 0.04% | -0.08% | 0.06% |
| 3 Months | -- | -- | -- |
| Since Inception | 1.59% | 1.59% | 1.67% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 5.23 | ETR | ENTERGY CORP | 2317087 | 84.02 | 35,869 | 3,013,713.38 |
| 4.67 | AEE | AMEREN CORPORATION | 2050832 | 98.63 | 27,308 | 2,693,388.04 |
| 4.55 | XEL | XCEL ENERGY INC | 2614807 | 69.32 | 37,859 | 2,624,385.88 |
| 4.55 | EXC | EXELON CORP | 2670519 | 44.25 | 59,237 | 2,621,237.25 |
| 4.39 | AEP | AMERICAN ELECTRIC POWER | 2026242 | 105.15 | 24,089 | 2,532,958.35 |
| 4.36 | AME | AMETEK INC | 2089212 | 175.56 | 14,324 | 2,514,721.44 |
| 4.10 | DUK | DUKE ENERGY CORP | B7VD3F2 | 117.65 | 20,084 | 2,362,882.60 |
| 4.06 | SO | SOUTHERN CO/THE | 2829601 | 90.03 | 26,012 | 2,341,860.36 |
| 3.95 | NGG | NATIONAL GRID PLC-SP ADR | BZ8FYV0 | 63.93 | 35,664 | 2,279,999.52 |
| 3.85 | ES | EVERSOURCE ENERGY | BVVN4Q8 | 60.30 | 36,777 | 2,217,653.10 |
| 3.84 | VST | Vistra Corp. | BZ8VJQ8 | 119.31 | 18,542 | 2,212,246.02 |
| 3.83 | D | DOMINION ENERGY INC | 2542049 | 54.47 | 40,588 | 2,210,828.36 |
| 3.80 | FE | FIRSTENERGY CORP | 2100920 | 39.45 | 55,546 | 2,191,289.70 |
| 3.79 | PEG | PUB SERV ENTERP | 2707677 | 80.71 | 27,095 | 2,186,837.45 |
| 3.50 | NEE | NEXTERA ENERGY INC | 2328915 | 70.03 | 28,824 | 2,018,544.72 |
| 3.42 | PWR | QUANTA SERVICES INC | 2150204 | 254.88 | 7,740 | 1,972,771.20 |
| 3.40 | ETN | EATON CORP PLC | B8KQN82 | 280.91 | 6,984 | 1,961,875.44 |
| 3.26 | CEG | CONSTELLATION ENERGY | BMH4FS1 | 209.20 | 8,974 | 1,877,360.80 |
| 3.16 | HUBB | HUBBELL INC | BDFG6S3 | 342.00 | 5,323 | 1,820,466.00 |
| 3.10 | LNT | ALLIANT ENERGY CORP | 2973821 | 63.12 | 28,307 | 1,786,737.84 |
| 2.95 | EVRG | EVERGY INC | BFMXGR0 | 67.32 | 25,290 | 1,702,522.80 |
| 2.83 | EIX | EDISON INTERNATIONAL | 2829515 | 57.29 | 28,469 | 1,630,989.01 |
| 2.06 | PNW | PINNACLE WEST CAPITAL | 2048804 | 93.02 | 12,740 | 1,185,074.80 |
| 1.73 | OGE | OGE ENERGY CORP | 2657802 | 45.06 | 22,153 | 998,214.18 |
| 1.71 | TLN | TALEN ENERGY CORP | BRRF114 | 202.79 | 4,855 | 984,545.45 |
| 1.43 | MTZ | MASTEC INC | 2155306 | 118.79 | 6,931 | 823,333.49 |
| 1.17 | IDA | IDACORP INC | 2296937 | 114.50 | 5,890 | 674,405.00 |
| 0.94 | TXNM | TXNM ENERGY INC | 2707826 | 53.69 | 10,066 | 540,443.54 |
| 0.89 | BE | BLOOM ENERGY CORP- A | BDD1BB8 | 21.99 | 23,338 | 513,202.62 |
| 0.81 | ORA | ORMAT TECHNOLOGIES INC | B03L311 | 70.11 | 6,684 | 468,615.24 |
| 0.76 | ALE | ALLETE INC | B02R1L6 | 65.66 | 6,636 | 435,719.76 |
| 0.75 | ENS | ENERSYS | B020GQ5 | 94.74 | 4,546 | 430,688.04 |
| 0.66 | NWE | NORTHWESTERN ENERGY GROUP | B03PGL4 | 55.67 | 6,835 | 380,504.45 |
| 0.61 | AVA | AVISTA CORP | 2942605 | 40.04 | 8,772 | 351,230.88 |
| 0.49 | CWEN | CLEARWAY ENERGY INC-C | BGJRH57 | 30.07 | 9,355 | 281,304.85 |
| 0.35 | HE | HAWAIIAN ELECTRIC INDS | 2415204 | 11.17 | 18,009 | 201,160.53 |
| 0.19 | SMR | NUSCALE POWER CORP | BNXK803 | 16.10 | 6,636 | 106,839.60 |
| 0.16 | EOSE | EOS ENERGY ENTER | BN7KCQ3 | 4.04 | 23,338 | 94,285.52 |
| 0.15 | OTHER PAYABLE & RECEIVABLES | 1.00 | 85,816 | 85,816.03 | ||
| 0.14 | AMSC | AMER SUPERCONDTR | BWH64F7 | 19.40 | 4,266 | 82,760.40 |
| 0.09 | AMRC | AMERESCO INC-CL A | B3SWPT2 | 12.30 | 4,029 | 49,556.70 |
| 0.08 | FLNC | FLUENCE ENERGY INC | BMXC0N9 | 5.03 | 8,769 | 44,108.07 |
| 0.08 | AMPS | ALTUS POWER INC | BPNXP05 | 4.94 | 8,769 | 43,318.86 |
| 0.06 | CASH | 1.00 | 34,327 | 34,326.75 | ||
| 0.05 | CHPT | CHARGEPOINT HOLDINGS INC | BMC9RZ2 | 0.66 | 44,191 | 29,241.18 |
| 0.05 | EVGO | EVGO INC | BP2Q7L0 | 2.90 | 9,957 | 28,875.30 |
| 0.02 | BLNK | BLINK CHARGING CO | BYWLZL4 | 0.94 | 10,188 | 9,560.42 |
| 0.01 | NOVA | SUNNOVA ENERGY I | BJ9N563 | 0.34 | 14,220 | 4,787.87 |
| Sector | Weight (%) | |
|---|---|---|
| Utilities | 81.2 | |
| Industrials | 18.7 | |
| Other | 0.1 |
| Industry | Weight (%) | |
|---|---|---|
| Utilities | 80.5 | |
| Capital Goods | 19.5 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
Investing involves risk, including the possible loss of principal. Narrowly focused investments will be more susceptible to factors affecting that sector and subject to more volatility. ZAP is non-diversified.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Global X U.S. Electrification Index is owned and was developed by Global X Management Company LLC for use by Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments.