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Beacon

ZAPGlobal X U.S. Electrification ETF

Grow my money1y track recordRanked #1,021 of 2,998 in this goal

Tracks the Global X U.S. Electrification Index.

By Global X Funds · Launched 2024

Annual Cost

0.50%

#2,668 of 5,861 · average

Fund Size

$485M

#1,615 of 5,861 · large

Return (1Y)Goal

+17.0%

Track Record

1 year

#3,927 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,605+16.1%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Strategy

Index tracking

Index tracked

Global X US Electrification Index

What it actually holds

By weight

Concentration

Top 10 holdings = 44.2% of fundmoderately concentrated

QUANTA SERVICES, INC.
6.0%
BLOOM ENERGY CORPORATION
5.0%
AMETEK, INC.
4.5%
ENTERGY CORPORATION
4.4%
AMERICAN ELECTRIC POWER COMPANY, INC.
4.2%
NATIONAL GRID PLC
4.2%
EATON CORPORATION PUBLIC LIMITED COMPANY
4.1%
NEXTERA ENERGY, INC.
4.1%
CONSOLIDATED EDISON, INC.
3.9%
Dominion Energy, Inc.
3.8%

Asset allocation

Stocks
99.8%
Cash
0.1%

By sector

Utilities
74.5%
Industrials
25.4%
Consumer Cyclical
0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
15.9%Moderate

Year-on-year price swings

Max drawdown
-12.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Market, NASDAQ Global Select Market

Full fund details

Objective
Tracks the Global X U.S. Electrification Index.
Strategy
Invests primarily in U.S. listed companies involved in electrification, including large-, mid-, and small-cap companies in the electric utilities industry. Uses a replication strategy to achieve investment results that correspond to the Underlying Index's performance.
Inception date
December 17, 2024
Fund family
Global X Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Thematic
Warning

These usually launch after the gains are gone

A theme gets packaged into a fund after it has already run. Over the past 15 years, fewer than one in 10 thematic funds beat a broad global index, and more than three-quarters closed down entirely. The pitch always sounds good. The returns rarely follow.

Sources: Morningstar, 'Global Thematic Funds Landscape' (2022)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04