{"url":"https://etfiq.com/themes/electrification","section":"themes","title":"Electrification ETFs: 12 funds, largest first | ETFIQ","description":"ETFIQ covers 12 electrification ETFs. The largest are GRID ($11.1bn), VOLT ($965m) and ZAP ($451m); fees run 0.35% to 0.96%, as of Oct 12 to 26, 2026.","as_of":"Oct 27, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"How many electrification ETFs are there?","acceptedAnswer":{"@type":"Answer","text":"ETFIQ covers 12 US listed electrification ETFs as of Oct 27, 2026. That is every one it can measure from the fund\u2019s own published holdings."}},{"@type":"Question","name":"What is the largest electrification ETF?","acceptedAnswer":{"@type":"Answer","text":"GRID, First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, at $11.1bn in net assets as of Oct 26, 2026, the largest of the 11 electrification ETFs with a published size."}},{"@type":"Question","name":"What is the cheapest electrification ETF?","acceptedAnswer":{"@type":"Answer","text":"JOUL, Corgi High Voltage Grid Equipment ETF, at 0.35% a year by its prospectus filed May 14, 2026, the lowest fee of the 12 electrification ETFs that publish one."}},{"@type":"Question","name":"Which electrification ETF has performed best over the past year?","acceptedAnswer":{"@type":"Answer","text":"FPWR, First Trust EIP Power Solutions ETF, at +11.9% total return over the year to Oct 27, 2026, the highest of the 8 electrification ETFs with a full year of trading behind them. Past returns do not predict future ones."}},{"@type":"Question","name":"What do electrification ETFs hold?","acceptedAnswer":{"@type":"Answer","text":"Funds that hold the companies that build and supply the electricity grid: transformers, cables, switchgear and the copper it all needs. Between them the 10 electrification ETFs ETFIQ can read name 77 companies in their ten largest holdings, by holdings dated May 31, 2026 to Oct 27, 2026, most widely Eaton Corporation Plc, which is among the ten largest of 5 of them."}},{"@type":"Question","name":"Do electrification ETFs hold the same companies?","acceptedAnswer":{"@type":"Answer","text":"It depends which two. Across the 45 pairs of the 10 electrification ETFs with a full published book, by holdings dated May 31, 2026 to Oct 27, 2026, POWR and ZAP hold 48% of their weight in the same companies, JOUL and TRFM hold 1%, and the middle pair holds 19%. Two funds sold on one theme are not the same fund."}}]},{"@type":"ItemList","name":"Electrification ETFs: 12 funds, largest first","numberOfItems":12,"itemListElement":[{"@type":"ListItem","position":1,"name":"GRID","url":"https://etfiq.com/funds/grid"},{"@type":"ListItem","position":2,"name":"VOLT","url":"https://etfiq.com/funds/volt"},{"@type":"ListItem","position":3,"name":"ZAP","url":"https://etfiq.com/funds/zap"},{"@type":"ListItem","position":4,"name":"POWR","url":"https://etfiq.com/funds/powr"},{"@type":"ListItem","position":5,"name":"TRFM","url":"https://etfiq.com/funds/trfm"},{"@type":"ListItem","position":6,"name":"ELFY","url":"https://etfiq.com/funds/elfy"},{"@type":"ListItem","position":7,"name":"TPZ","url":"https://etfiq.com/funds/tpz"},{"@type":"ListItem","position":8,"name":"POW","url":"https://etfiq.com/funds/pow"},{"@type":"ListItem","position":9,"name":"FPWR","url":"https://etfiq.com/funds/fpwr"},{"@type":"ListItem","position":10,"name":"JOUL","url":"https://etfiq.com/funds/joul"},{"@type":"ListItem","position":11,"name":"PWRZ","url":"https://etfiq.com/funds/pwrz"},{"@type":"ListItem","position":12,"name":"KWH","url":"https://etfiq.com/funds/kwh"}]},{"@type":"ItemList","name":"The 10 largest electrification ETFs","itemListOrder":"https://schema.org/ItemListOrderDescending","numberOfItems":10,"itemListElement":[{"@type":"ListItem","position":1,"name":"GRID","url":"https://etfiq.com/funds/grid"},{"@type":"ListItem","position":2,"name":"VOLT","url":"https://etfiq.com/funds/volt"},{"@type":"ListItem","position":3,"name":"ZAP","url":"https://etfiq.com/funds/zap"},{"@type":"ListItem","position":4,"name":"POWR","url":"https://etfiq.com/funds/powr"},{"@type":"ListItem","position":5,"name":"TRFM","url":"https://etfiq.com/funds/trfm"},{"@type":"ListItem","position":6,"name":"ELFY","url":"https://etfiq.com/funds/elfy"},{"@type":"ListItem","position":7,"name":"TPZ","url":"https://etfiq.com/funds/tpz"},{"@type":"ListItem","position":8,"name":"POW","url":"https://etfiq.com/funds/pow"},{"@type":"ListItem","position":9,"name":"FPWR","url":"https://etfiq.com/funds/fpwr"},{"@type":"ListItem","position":10,"name":"JOUL","url":"https://etfiq.com/funds/joul"}]},{"@type":"Dataset","name":"Electrification ETFs: what each one holds","description":"ETFIQ covers 12 electrification ETFs. The largest are GRID ($11.1bn), VOLT ($965m) and ZAP ($451m); fees run 0.35% to 0.96%, as of Oct 12 to 26, 2026.","url":"https://etfiq.com/themes/electrification","dateModified":"2026-10-27","inLanguage":"en","creator":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"Electrification","item":"https://etfiq.com/themes/electrification"}]},{"@type":"WebPage","name":"Electrification ETFs: 12 funds, largest first","description":"ETFIQ covers 12 electrification ETFs. The largest are GRID ($11.1bn), VOLT ($965m) and ZAP ($451m); fees run 0.35% to 0.96%, as of Oct 12 to 26, 2026.","url":"https://etfiq.com/themes/electrification","dateModified":"2026-10-27","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":9783,"truncated":false,"content":"ETFIQ / Thematic ETFs / Electrification \n \n Data as of Oct 27, 2026 .\n Electrification ETFs: what each one holds\n See every electrification ETF by what it holds, not by its name. Funds that hold the companies that build and supply the electricity grid: transformers, cables, switchgear and the copper it all needs. 12 funds, largest first. Updated Oct 27, 2026. The typical fund carries 51% of its weight in S&P 500 stocks, the 9th most of the 53 themes with holdings on file.\n 12 US listed electrification ETFs \n $11.1bn The largest, GRID \n 0.35% The cheapest, JOUL \n +11.9% Best one year, FPWR \n\n The short answers\n Least like the S&P 500 POW , VistaShares Electrification Supercycle ETF, 34.9% of its weight in S&P 500 companies. Closest pair POWR and ZAP , 48% of their weight in the same companies. What these funds actually own\n Between them the 10 funds' ten largest holdings name 77 companies, of which 12 appear in more than one. Eaton Corporation Plc is among the ten largest of 5 of them, at an average of 7.7% of the fund.\n Electrification and the grid ETFs, the companies their ten largest holdings name. Source: each fund's latest SEC filing or its issuer\u2019s own daily holdings file, read by ETFIQ. Company Among the ten largest of Average weight where it is Largest, and in which fund \n Eaton Corporation Plc ETN 5 of 10 7.7% 14.3% in JOUL \n Quanta Services, Inc. PWR 5 of 10 6.0% 8.1% in GRID \n Hubbell Incorporated HUBB 4 of 10 3.6% 4.7% in JOUL \n GE VERNOVA GEV 3 of 10 7.5% 13.3% in JOUL \n ENERGY TRANSFER LP ET 3 of 10 5.9% 7.2% in TPZ \n nVent Electric plc NVT 3 of 10 3.8% 4.9% in JOUL \n NEXTERA ENERGY INC NEE 2 of 10 5.9% 6.2% in POWR \n BEL FUSE INC BELFB 2 of 10 4.9% 6.4% in VOLT \n POWELL INDUSTRIES INC POWL 2 of 10 4.2% 5.0% in VOLT \n CONSTELLATION ENERGY CORP CEG 2 of 10 4.0% 4.5% in TPZ \n IDACORP INC IDA 2 of 10 3.9% 4.9% in VOLT \n DUKE ENERGY CORP DUK 2 of 10 3.8% 4.0% in POWR \n Johnson Controls International Plc JCI 1 of 10 9.0% 9.0% in GRID \n ABB Ltd ABBN.SW 1 of 10 7.5% 7.5% in GRID \n Schneider Electric SE SU.FP 1 of 10 6.7% 6.7% in GRID \n \n The 15 most widely held of 77. Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.\n The 10 largest electrification ETFs\n ETFIQ covers 12 electrification ETFs. The largest are GRID ( $11.1bn ), VOLT ( $965m ) and ZAP ( $451m ); fees run 0.35% to 0.96% , as of Oct 12 to 26, 2026 .\n GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund $11.1bn 0.56% \n VOLT Tema Electrification ETF $965m 0.75% \n ZAP Global X U.S. Electrification ETF $451m 0.50% \n POWR iShares U.S. Power Infrastructure ETF $445m 0.39% \n TRFM AAM Transformers ETF $248m 0.49% \n ELFY ALPS Electrification Infrastructure ETF $203m 0.50% \n TPZ Tortoise Electrification Infrastructure ETF $129m 0.85% \n POW VistaShares Electrification Supercycle ETF $56m 0.75% \n FPWR First Trust EIP Power Solutions ETF $33m 0.96% \n JOUL Corgi High Voltage Grid Equipment ETF $8.6m 0.35% \n \n Electrification ETFs: what each one holds, as of Oct 27, 2026. Source: ETFIQ. Ticker Fund Issuer Net assets In the S&P 500 Active share Total return 1Y vs its benchmark 1Y Fee \n GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund First Trust $11.1bn 40.9% 92.3% +6.7% \u22126.4 pts vs IWV 0.56% \n VOLT Tema Electrification ETF Tema $965m 55.0% 96.9% +11.0% \u22122.6 pts vs VOO 0.75% \n ZAP Global X U.S. Electrification ETF Global X $451m 80.7% 97.8% +3.6% not measured 0.50% \n POWR iShares U.S. Power Infrastructure ETF iShares $445m 80.9% 96.9% +4.6% \u22128.5 pts vs ACWI 0.39% \n TRFM AAM Transformers ETF AAM $248m 46.7% 79.2% +10.4% not measured 0.49% \n ELFY ALPS Electrification Infrastructure ETF ALPS $203m 47.9% 94.6% +3.5% not measured 0.50% \n TPZ Tortoise Electrification Infrastructure ETF Tortoise $129m 54.6% 98.3% +3.1% not measured 0.85% \n POW VistaShares Electrification Supercycle ETF VistaShares $56m 34.9% 97.8% first traded 364 days ago \u00b7 0.75% \n FPWR First Trust EIP Power Solutions ETF First Trust $33m 56.5% 97.2% +11.9% not measured 0.96% \n JOUL Corgi High Voltage Grid Equipment ETF Corgi $8.6m 38.0% 99.0% first traded 174 days ago \u00b7 0.35% \n PWRZ TrueShares Eagle Global Next Gen Power Infrastructure ETF TrueShares $6.0m not published not published not published \u00b7 0.75% \n KWH GMO Power Infrastructure ETF GMO not read by ETFIQ not yet filed not yet filed first traded 104 days ago \u00b7 0.60% \n \n How much of each pair is the same fund\n The closest pair is POWR and ZAP , which hold 48% of their weight in the same companies. The furthest apart is JOUL and TRFM at 1%. The middle pair of the 45 is 19%. The grid is the 10 largest of 12 funds.\n Electrification ETFs, the share of each pair\u2019s weight held in the same companies. Read across or down; the number is the same either way. Cells are shaded against the closest pair here, 48%. Source: each fund\u2019s own filed or daily holdings, read by ETFIQ. GRID VOLT ZAP POWR TRFM ELFY TPZ POW FPWR JOUL \n GRID \u00b7 22% 12% 19% 7% 7% 1% 27% 1% 22% \n VOLT 22% \u00b7 31% 36% 6% 16% 22% 44% 21% 30% \n ZAP 12% 31% \u00b7 48% 8% 27% 20% 33% 31% 13% \n POWR 19% 36% 48% \u00b7 8% 33% 19% 39% 33% 26% \n TRFM 7% 6% 8% 8% \u00b7 13% 4% 8% 6% 1% \n ELFY 7% 16% 27% 33% 13% \u00b7 18% 23% 24% 11% \n TPZ 1% 22% 20% 19% 4% 18% \u00b7 12% 34% 2% \n POW 27% 44% 33% 39% 8% 23% 12% \u00b7 8% 29% \n FPWR 1% 21% 31% 33% 6% 24% 34% 8% \u00b7 1% \n JOUL 22% 30% 13% 26% 1% 11% 2% 29% 1% \u00b7 \n \n Weight overlap adds the smaller of the two weights for every company both funds hold. Funds with a cut-short book are left out, not compared short.\n What each fund holds alone\n Electrification ETFs, the largest holding no other fund in the grid holds. Source: ETFIQ. Fund Largest holding it alone has Weight All of its own names \n GRID E.ON SE EOAN.GY 4.3% 27.1% \n VOLT CATERPILLAR INC CAT 2.0% 4.9% \n ZAP NATIONAL GRID PLC 3.8% 4.2% \n POWR ANTERO RESOURCES AR 1.8% 4.7% \n TRFM DoorDash Inc DASH 0.9% 79.0% \n ELFY Sterling Infrastructure Inc 1.7% 29.3% \n TPZ Western Midstream Partners LP WES 1.4% 5.4% \n POW Delta Electronics Inc 2308 TT 5.3% 8.6% \n FPWR National Fuel Gas Company NFG 3.6% 19.9% \n \n Questions people ask\n How many electrification ETFs are there? ETFIQ covers 12 US listed electrification ETFs as of Oct 27, 2026. That is every one it can measure from the fund\u2019s own published holdings. What is the largest electrification ETF? GRID , First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, at $11.1bn in net assets as of Oct 26, 2026, the largest of the 11 electrification ETFs with a published size. What is the cheapest electrification ETF? JOUL , Corgi High Voltage Grid Equipment ETF, at 0.35% a year by its prospectus filed May 14, 2026, the lowest fee of the 12 electrification ETFs that publish one. Which electrification ETF has performed best over the past year? FPWR , First Trust EIP Power Solutions ETF, at +11.9% total return over the year to Oct 27, 2026, the highest of the 8 electrification ETFs with a full year of trading behind them. Past returns do not predict future ones. What do electrification ETFs hold? Funds that hold the companies that build and supply the electricity grid: transformers, cables, switchgear and the copper it all needs. Between them the 10 electrification ETFs ETFIQ can read name 77 companies in their ten largest holdings, by holdings dated May 31, 2026 to Oct 27, 2026, most widely Eaton Corporation Plc, which is among the ten largest of 5 of them. Do electrification ETFs hold the same companies? It depends which two. Across the 45 pairs of the 10 electrification ETFs with a full published book, by holdings dated May 31, 2026 to Oct 27, 2026, POWR and ZAP hold 48% of their weight in the same companies, JOUL and TRFM hold 1%, and the middle pair holds 19%. Two funds sold on one theme are not the same fund. What the issuers say about this theme\n The issuers behind these electrification funds publish their own work on this theme. These are their pages and words, not ETFIQ\u2019s. A fund company writing about a theme it sells is making a case.\n Issuer material on this theme. Links leave ETFIQ. Source: each issuer\u2019s own site. Issuer What they publish Kind \n First Trust First Trust Investment Insights Their research index \n Tema Tema ETFs insights Their research index \n Global X Global X Insights, including The Next Big Theme Their research index \n iShares iShares Portfolio Insights Their research index \n \n Where to next\n The largest electrification ETFs The cheapest electrification ETFs The electrification ETFs least like the S&P 500 The electrification ETFs that returned most The most concentrated electrification ETFs Every thematic ETF Compare two funds The vocabulary Sources\n Fund holdings from SEC Form N-PORT and from the issuers\u2019 own daily files SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n ETFIQ is an independent publisher and makes no recommendations. Standards and sources \n Cite this page. ETFIQ, Electrification ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/electrification Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, Electrification ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/electrification APA ETFIQ. (Oct 27, 2026). Electrification ETFs: what each one holds. Retrieved from https://etfiq.com/themes/electrification Markdown [Electrification ETFs: what each one holds (ETFIQ, Oct 27, 2026)](https://etfiq.com/themes/electrification)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, Electrification ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/electrification"}