Zacks Investment Research
Should You Invest in the Global X U.S. Electrification ETF (ZAP)?
The Global X U.S. Electrification ETF (ZAP), launched in December 2024, offers broad exposure to the Energy - Broad sector with a 0.5% expense ratio and $450.69 million in assets. The fund has gained 10.03% year-to-date and 7.52% over the past year, with heavy allocation to Utilities (70.7%). However, it carries a Zacks ETF Rank of 3 (Hold) and has more concentrated exposure than peers with 47 holdings.
