Do JOUL and ZAP hold the same stocks?

By their latest filings, 14% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, JOUL or ZAP?

JOUL has 38% of its weight in S&P 500 names and ZAP has 76%, so JOUL differs more from the index.

Which is cheaper, JOUL or ZAP?

JOUL charges 0.35% a year and ZAP charges 0.50%, so JOUL is cheaper. Fees come from each fund's prospectus.

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JOUL vs ZAP: which is really different?

JOUL and ZAP hold 14% of their weight in the same names. Corgi High Voltage Grid Equipment ETF and Global X U.S. Electrification ETF.

37.7%

JOUL in the S&P 500

75.5%

ZAP in the S&P 500

−15.3%

JOUL total return, since launch

+4.9%

ZAP total return, 1 year

JOUL · 3 months to Sep 30, 202662% of its weight is outside the S&P 500

38% of JOUL's weight is in S&P 500 companies and 62% is outside the index

ZAP · 1 year to Sep 30, 202625% of its weight is outside the S&P 500

76% of ZAP's weight is in S&P 500 companies and 25% is outside the index

ETFIQ Off-Index Score · JOUL scores higherHow much of it is not the index it is sold as an alternative to?

JOUL 62.3

ZAP 48.1

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, JOUL and ZAP hold 14% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 30, 2026.

50%

half

14% in common

Positions both hold, largest shared weight first

Holding JOUL ZAP

Quanta Services Inc 5.75% 4.71%

Eaton Corp PLC 14.62% 4.67%

Hubbell Inc 4.47% 2.67%

MasTec Inc 3.16% 1.41%

American Superconductor Corp 3.19% 0.14%

Only in JOUL

GE Vernova Inc 12.91%

Arcosa Inc 5.50%

nVent Electric PLC 5.33%

Valmont Industries Inc 4.43%

Forgent Power Solutions Inc 4.30%

Atkore Inc 4.29%

Advanced Energy Industries Inc 4.04%

ESCO Technologies Inc 3.92%

Only in ZAP

BLOOM ENERGY CORP- A 5.89%

AMETEK INC 4.63%

DOMINION ENERGY INC 4.27%

CONSOLIDATED EDISON INC 4.08%

AMERICAN ELECTRIC POWER 3.92%

DUKE ENERGY CORP 3.92%

NATIONAL GRID PLC-SP ADR 3.85%

SOUTHERN CO/THE 3.85%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

14% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	JOUL	ZAP	JOUL	ZAP	JOUL	ZAP
3 months	−13.6%	−9.8%	−16.1 pts	−12.3 pts	−15.7 pts	−11.9 pts
6 months	not published	−5.3%	not published	−22.3 pts	not published	−32.2 pts
1 year	not published	+4.9%	not published	−10.8 pts	not published	−18.9 pts
Since launch JOUL May 2026 · ZAP Dec 2024	−15.3%	+30.4%	−19.7 pts	−2.6 pts	−21.8 pts	−14.2 pts

JOUL and ZAP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

JOUL

Corgi High Voltage Grid Equipment ETF · Holds 20 stocks in electrification and the grid, 38% of its weight in S&P 500 companies

ZAP

Global X U.S. Electrification ETF · Holds 47 stocks in electrification and the grid, 76% of its weight in S&P 500 companies

Issuer Corgi Global X

Theme Electrification and the grid Electrification and the grid

In the S&P 500 37.7% 75.5%

Active share vs the S&P 500 99.0% 97.9%

In the Nasdaq-100 0.0% 15.3%

Holdings 20 47

Top ten, share of the fund 65.6% 43.8%

Expense ratio 0.35% 0.50%

Fee for the differing part 0.35% 0.51%

Total return, 1 year −15.3% (since launch on May 6, 2026) +4.9%

vs the S&P 500 −19.7 pts −10.8 pts

vs the Nasdaq-100 −21.8 pts −18.9 pts

Below its high −18.3% −12.6%

Net assets $9m $436m

JOUL and ZAP on the same fields, as of Sep 30, 2026. Source: ETFIQ.

JOUL in plain words

By weight, 38% of JOUL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 66% of the fund across 20 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 6, 2026 the fund returned −15.3% with distributions reinvested against +4.5% for the S&P 500, so a holder was behind by 19.7 pts. It sits 18.3% below its all-time high of Jun 22, 2026.

ZAP in plain words

By weight, 76% of ZAP's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 44% of the fund across 47 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned +4.9% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 10.8 pts. It sits 12.6% below its all-time high of Jun 25, 2026.

Questions people ask

Do JOUL and ZAP hold the same stocks?: By their latest filings, 14% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, JOUL or ZAP?: JOUL has 38% of its weight in S&P 500 names and ZAP has 76%, so JOUL differs more from the index.
Which is cheaper, JOUL or ZAP?: JOUL charges 0.35% a year and ZAP charges 0.50%, so JOUL is cheaper. Fees come from each fund's prospectus.

Other comparisons

JOUL vs TRFM JOUL vs VOLT JOUL vs COPA JOUL vs COPJ ZAP vs COPP ZAP vs COPX ZAP vs ELFY ZAP vs EMET

JOUL on its own →ZAP on its own →How every figure is computed →Standards and sources →

Where these figures came from

JOUL filings on SEC EDGAR ↗JOUL prospectus with the expense ratio (SEC) ↗Corgi website ↗ZAP filings on SEC EDGAR ↗ZAP prospectus with the expense ratio (SEC) ↗Global X page for ZAP ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, JOUL against ZAP, data as of Sep 30, 2026. https://etfiq.com/compare/themes/joul-vs-zap

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.