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ZAP Global X U.S. Electrification ETF

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$31.27
−0.4% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Between Jul 31, 2026 and Oct 16, 2026, ZAP lost 3.3%, against −3.1% for its own holdings.

What drove ZAP’s returns?What does ZAP hold that the S&P 500 does not?What do ZAP’s net flows of +$397m over the nov 2024 to Jul 2026 mean?
Holds 45 stocks in electrification and the grid, 81% of its weight in S&P 500 companiesGlobal X ↗Expense ratio 0.50%Fund assets $451m on Oct 12, 2026First traded Dec 18, 2024Benchmark Its own holdings, as of Jul 31, 2026; its shareholder report compares it with the S&P 500 Index, but its daily returns fit VOO's at R-squared 0.201 over the year to Oct 28, 2026 (251 days), under the 0.35 it needs to return to itFund page at the issuer ↗SEC filings ↗Every Global X fund ETFIQ coversDividend history

Promise check: Not measuredIts theme exposure is measured once ETFIQ defines its theme company by company.

Compare with…Trading costsPut to the committeeaskIQ about ZAPAdd to portfolioOverlapFlowsAlerts

ZAP risk and return scorecard

vs its own holdings

Not measured: its benchmark is its own holdings, which has no weekly price series.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Oct 12, 2026
12 months to Jul 31, 2026
+$319m
Nov 2024 to Jul 2026
+$397m
askIQ: what do these flows mean? ↗

What you earned

ZAP +3.7%: total return over one month to Oct 28, 2026.
ZAP+3.7%
ZAP −1.7%: total return over three months to Oct 28, 2026.
ZAP−1.7%
ZAP −6.5%: total return over six months to Oct 28, 2026.
ZAP−6.5%
ZAP +9.1%: total return over the year to Oct 28, 2026.
ZAP+9.1%
ZAP +4.0%: total return over one year to Oct 28, 2026.
ZAP+4.0%
ZAP +34.6%: total return since launch to Oct 28, 2026.
ZAP+34.6%
askIQ: what drove ZAP’s returns? ↗

What did you actually buy?

Electrification and the grid · holdings as of Jul 31, 2026
80.7%
Already in the S&P 500
Report
97.8%
Active share vs the S&P 500
Report
41.9%
Top ten holdings
Report
+4.0%
Total return, 1 year
Report
1.9%
12-month yield, capital gains included, on its starting price
Report
$0.15
Last payment (paid quarterly), ex-date Oct 5, 2026
Report
Share already in the S&P 500
80.7% of the fund by weight, holdings as of Jul 31, 2026.
Ten largest holdings
Dominion Energy, Inc.4.6%
QUANTA SERVICES, INC.4.6%
EATON CORPORATION PUBLIC LIMITED COMPANY4.2%
AMETEK, INC.4.2%
THE SOUTHERN COMPANY4.1%
CONSOLIDATED EDISON, INC.4.1%
BLOOM ENERGY CORPORATION4.1%
DUKE ENERGY CORPORATION4.0%
EXELON CORPORATION4.0%
Xcel Energy Inc.4.0%
askIQ: what does ZAP hold that the S&P 500 does not? ↗

More on ZAP

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Price, 1 year

$31.27−0.4%1 day, priceClose, Oct 28, 2026

Price only. Total return over the same days, distributions reinvested, was +4.0%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

ZAP returns by window: total return, cash paid and price change
WindowTotal returnS&P 500 (SPY)
1M Sep 28 – Oct 28, 2026+3.7%+0.9%
3M Jul 29 – Oct 28, 2026−1.7%+6.1%
6M Apr 29 – Oct 28, 2026−6.5%+9.1%
YTD Dec 31, 2025 – Oct 28, 2026+9.1%+14.1%
1Y Oct 28, 2025 – Oct 28, 2026+4.0%+13.6%
Since launch Dec 18, 2024 – Oct 28, 2026+34.6%+34.8%
Since launch, annualised Dec 18, 2024 – Oct 28, 2026+17.3%–

Total returns, distributions reinvested. Listed Dec 2024: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Where every fund in this set sits

How much of its weight does it not share with the S&P 500?

Active share against the S&P 500
USNZ 23.1%IQSZ 49.1%TNXT 51.6%IETC 59.8%XIGV 60.7%CRTC 61.8%AIX 64.0%LQAI 64.9%ALAI 65.2%IVES 66.3%ILDR 67.0%PEXL 67.1%JHAI 68.1%AGIX 68.8%AIEQ 69.0%AOTG 69.1%XT 69.2%FAI 70.1%AIQ 70.2%CHAT 70.9%WTAI 71.5%XAIX 72.0%THMZ 73.5%AIFD 74.4%FRWD 74.4%CARZ 74.5%WUGI 75.2%FDTX 75.5%BAI 75.9%AIUP 76.1%TEKY 77.7%PNQI 78.9%FMET 79.1%IGPT 79.2%FDCF 79.8%ARKW 79.9%AINT 80.3%ARKQ 80.3%SHOC 80.5%SMH 80.7%SOXQ 80.8%FTXL 80.9%GGME 81.5%KNCT 81.7%PBOT 82.1%SOXX 82.3%CBOT 82.4%OGIG 82.9%UFOX 83.1%ARTY 83.2%ABOT 83.7%ARKX 83.7%MILN 83.9%SUPP 84.2%CHPX 84.3%RACK 84.3%CHPS 84.8%AGIQ 85.2%FDN 85.5%AIPO 85.8%CLOD 86.1%XDAT 86.2%BUYZ 86.3%SMHX 87.2%FOWF 88.4%NRSH 88.6%PCLN 89.5%DTCR 90.8%CIBR 90.9%FCLD 91.6%TMAT 91.6%RBLD 91.9%PSI 92.2%IGV 92.4%TCAI 92.7%NEWZ 94.6%TSES 94.7%MADE 94.8%PBPH 95.0%GDOC 95.4%BMED 95.6%EPAI 95.6%IFRA 95.7%PPA 96.4%WR 96.6%POWR 96.9%VOLT 96.9%YUNG 97.1%FPWR 97.2%, and 2 more at this point: IVEP 97.2%, PAVE 97.2%MISL 97.4%HVAC 97.5%, and 1 more at this point: RIFR 97.5%AV 97.6%, and 1 more at this point: TSSD 97.6%IPAY 97.7%, and 3 more at this point: ITA 97.7%, NATO 97.7%, KYC 97.8%DUTY 98.1%WNDR 98.1%DRES 98.2%, and 2 more at this point: TPZ 98.3%, SRVR 98.5%NFRX 98.2%IHI 98.7%DOCK 98.8%BBH 99.0%PHO 99.4%LGHT 99.5%ZAP 97.8%97.8%23.1%99.5%
23.1% to 99.5% across 112

That is the share of the 112 thematic ETFs with at least half their money in S&P 500 companies sitting at or below ZAP.

Weight not shared with the S&P 500 only; it says nothing about returns, fees or whether the theme pays off. Where the fund sits in this set, not a rating. Do not average it with another category's score.

89.3
IQ Themes ScoreETFIQ S&P 500 Difference Scorejoint 12th of 112 · Oct 28, 2026
0.4 · lowest of 112 thematic ETFs with at least half their money in S&P 500 companies99.6 · highest

How different its holdings are from the S&P 500, ranked against 112 thematic ETFs with at least half their money in S&P 500 companies. 100 is best. How it is computed

ZAP shares 23 of its 45 holdings with the S&P 500. Counting each at the smaller of its two weights, the two overlap by 2.2%.

active share against the S&P 50097.8% · 89th pct
All 112 ranked by this score →

Money in and out

Monthly data · as of Oct 12, 2026

ZAP: in the month to Oct 31, 2026, net $3.8m came in.

12 months
+$319m
263.9% of $121m on Jul 31, 2025
Aug 1, 2025 to Jul 31, 2026
monthly, from SEC filings
Nov 2024 to Jul 2026
+$397m
Nov 1, 2024 to Jul 31, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions ZAP files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Oct 2026. Every day and month ETFIQ holds for ZAP, back to Nov 2024, is in its flows file. Flows across every fund · How these flows are computed · Compare ZAP with other funds in the flows tool

Month by month, money in and money outNov 2024 to Oct 2026

ZAP, money in and money out each month from Nov 2024 to Jul 2026: two bars a month, money in above the line and money out below. Every bar is from ZAP’s SEC filings (N-PORT item B.6). Oct 2026 is still in progress, so it is in the list and not drawn. Of the 22 months listed, money came in on net in 17 and went out in 3.

Every bar is from ZAP’s SEC filings (N-PORT item B.6). Of the 22 months listed, money came in on net in 17 and went out in 3.

MonthInOutNet
Oct 2026 ETFIQ, the sum of its days, Oct 7 to Oct 12+$4.7m−$954k+$3.8m
Jul 2026 SEC Form N-PORT+$23.9m−$5.7m+$18.2m
Jun 2026 SEC Form N-PORT+$33.6m$0+$33.6m
May 2026 SEC Form N-PORT+$23.7m−$28.5m−$4.9m
Apr 2026 SEC Form N-PORT+$54.0m$0+$54.0m
Mar 2026 SEC Form N-PORT+$34.8m−$2.8m+$32.0m
Feb 2026 SEC Form N-PORT+$27.6m$0+$27.6m
Jan 2026 SEC Form N-PORT+$42.6m−$8.2m+$34.4m
Dec 2025 SEC Form N-PORT+$24.0m−$5.3m+$18.6m
Nov 2025 SEC Form N-PORT+$28.0m−$48.0m−$20.0m
Oct 2025 SEC Form N-PORT+$55.9m−$896k+$55.0m
Sep 2025 SEC Form N-PORT+$30.0m$0+$30.0m
Aug 2025 SEC Form N-PORT+$49.9m−$9.3m+$40.6m
Jul 2025 SEC Form N-PORT+$44.2m$0+$44.2m
Jun 2025 SEC Form N-PORT+$3.1m$0+$3.1m
May 2025 SEC Form N-PORT+$5.7m−$4.0m+$1.7m
Apr 2025 SEC Form N-PORT+$6.1m−$4.1m+$2.1m
Mar 2025 SEC Form N-PORT+$1.2m−$1.4m−$212k
Feb 2025 SEC Form N-PORT+$5.8m−$3.3m+$2.5m
Jan 2025 SEC Form N-PORT+$44.8m−$20.1m+$24.7m
Dec 2024 SEC Form N-PORT$0$0$0
Nov 2024 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Oct 12, 2026. Updated when the fund files its next report.

ZAP key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$35.00 on Jun 25, 2026
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$28.99 on Dec 17, 2025
Close on Oct 28, 2026, within that range (ETFIQ)$31.27, 38% of the way from the low to the high
Holdings45
Top ten holdings weight41.9%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Oct 28, 2026
Trading · ZAPas of Oct 28, 2026
·
Not scored2 of 6 measured · Oct 28, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$0.650.065%
$10,000$6.500.065%
Premium or discount to NAV, Oct 12 close−0.03%
−0.1%95% of days within ±0.06% · the 1% band is off this scale+0.1%
How to tradeLimit: midpoint + 3¢ to buy, midpoint − 3¢ to sell.At the Oct 12 close of $31.53, that’s $31.56 to buy and $31.50 to sell.
Full trading page: components, premium history, dealers →

ZAP top ten by weight, 41.9% of the fund, of its 45 equity positions, from the holdings filed for Jul 31, 2026. That is 89 days before Oct 28, 2026, older than the issuer’s daily file, which ETFIQ could not read. Source: the fund’s SEC filing.

Dominion Energy, Inc. D 4.58%
QUANTA SERVICES, INC. PWR 4.57%
EATON CORPORATION PUBLIC LIMITED COMPANY ETN 4.21%
AMETEK, INC. AME 4.21%
THE SOUTHERN COMPANY SO 4.12%
CONSOLIDATED EDISON, INC. ED 4.08%
BLOOM ENERGY CORPORATION BE 4.08%
DUKE ENERGY CORPORATION DUK 4.05%
EXELON CORPORATION EXC 4.03%
Xcel Energy Inc. XEL 3.97%
Fund filings on SEC EDGAR ↗See all 45 holdings →Check overlap with another fund →

Source: Holdings filing (SEC Form N-PORT). Data as of Jul 31, 2026.

About ZAP

Theme (ETFIQ, editorial)Electrification and the grid
First tradedDec 18, 2024
Already in the S&P 500, by weight (ETFIQ)80.7%
Outside the S&P 500, by weight (ETFIQ)19%
Active share vs the S&P 500 (ETFIQ)97.8%
Already in the Nasdaq-100, by weight (ETFIQ)15.6%
Active share vs the Nasdaq-100 (ETFIQ)98.8%
Top ten holdings weight41.9%
Holdings45
Holdings as of (SEC N-PORT)Jul 31, 2026
Top holdingsDominion Energy, Inc. 4.6%, QUANTA SERVICES, INC. 4.6%, EATON CORPORATION PUBLIC LIMITED COMPANY 4.2%, AMETEK, INC. 4.2%, THE SOUTHERN COMPANY 4.1%, CONSOLIDATED EDISON, INC. 4.1%, BLOOM ENERGY CORPORATION 4.1%, DUKE ENERGY CORPORATION 4.0%, EXELON CORPORATION 4.0%, Xcel Energy Inc. 4.0%
Net assets (issuer page, as of Oct 12, 2026)$451mReport
Benchmark (ETFIQ, from its filings)Its own holdings, as of Jul 31, 2026; its shareholder report compares it with the S&P 500 Index, but its daily returns fit VOO's at R-squared 0.201 over the year to Oct 28, 2026 (251 days), under the 0.35 it needs to return to it
ZAP, Jul 31, 2026 to Oct 16, 2026−3.31%
Its book of Jul 31, 2026, the same days (ETFIQ, measured on 100% of the book by weight)−3.08%
Against its own holdings (ETFIQ)−0.23 pts
Below its all-time high (ETFIQ)−9.8%
Expense ratio (485BPOS XBRL, Feb 26, 2026)0.50%Report
Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ)0.51%
Closest funds by holdings overlapPOWR 48%, TSES 36%, IFRA 34%, POW 32%, VOLT 31%
Below its all-time high9.8%, high on Jun 25, 2026
How we measure
The top ten holdings are 42% of the fund across 45 positions, as filed for Jul 31, 2026. Over the year to Oct 28, 2026 the fund returned +4.0% with distributions reinvested. It sits 9.8% below its all-time high of Jun 25, 2026.
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on ZAP

12 seats on ZAP, as of Oct 28, 2026: 1 Supports, 1 Mixed, 7 Challenges, 3 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyChallenges
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityChallenges
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskChallenges
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingMixed
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatSupports
Put ZAP to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about ZAP

How much of ZAP is in S&P 500 companies?
By its holdings filed for Jul 31, 2026, 81% of ZAP by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different.
What does ZAP hold?
45 positions as filed for Jul 31, 2026, with the top ten at 42% of the fund. The largest are Dominion Energy, Inc. at 4.6%, QUANTA SERVICES, INC. at 4.6%, EATON CORPORATION PUBLIC LIMITED COMPANY at 4.2%.
Has ZAP beaten the S&P 500?
Over the year to Oct 28, 2026 ZAP returned +4.0% with distributions reinvested, against +13.6% for the S&P 500, so it finished behind the index by 9.6 points.
What does ZAP cost?
The prospectus expense ratio is 0.50% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.51%.
Sources and dates
Prices, ZAP and S&P 500 (SPY)Tiingo end-of-day · Oct 28, 2026
Fee, 0.50%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $451mIssuer page · Oct 12, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jul 31, 2026 ↗
IssuerGlobal X page for ZAP ↗
All fund filingsFund filings on SEC EDGAR ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, ZAP, thematic ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/zap

The difference bar for ZAP, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Active share
How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
Top ten
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
Full definitions: thematic ETFs vocabulary page. →
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ZAP: 81% of ZAP's weight is in S&P 500 companies and 19% is outside the index. Holdings as of Jul 31, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/zap"><img src="https://etfiq.com/assistant/api/embed/themes/zap.svg" alt="ZAP: 81% of ZAP&#x27;s weight is in S&amp;P 500 companies and 19% is outside the index. Holdings as of Jul 31, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">ZAP: 81% of ZAP&#x27;s weight is in S&amp;P 500 companies and 19% is outside the index. Holdings as of Jul 31, 2026. Data: <a href="https://etfiq.com/funds/zap">ETFIQ</a></figcaption>
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Snapshot, Oct 28, 2026. More on the tabs above.