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ZAP - ETF AI Analysis
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Global X U.S. Electrification ETF (ZAP)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, such as Constellation Energy and Vistra Energy, have delivered strong year-to-date performance, supporting the fund’s overall returns.
Sector Focus on Utilities
The ETF’s heavy exposure to utilities provides stability, as this sector tends to perform well during economic uncertainty.
Consistent Asset Growth
The fund has a healthy level of assets under management, indicating steady investor interest and confidence.
Negative Factors
High Geographic Concentration
The ETF is almost entirely focused on U.S. companies, limiting diversification across global markets.
Sector Over-Concentration
With over 76% of the portfolio in utilities, the fund is highly dependent on the performance of this single sector.
Moderate Expense Ratio
The ETF’s expense ratio is higher than many low-cost alternatives, which could reduce net returns over time.
ZAP vs. SPDR S&P 500 ETF (SPY)
AUM234.75M
RegionNorth America
Expense Ratio0.50%
Beta0.58
IssuerGlobal X
Inception DateDec 17, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedGlobal X US Electrification Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume192,574
30 Day Avg. Volume114,381
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
33.01Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
ZAP Summary
The Global X U.S. Electrification ETF (Ticker: ZAP) is an investment fund focused on companies driving the shift toward electrification in the U.S. economy. It includes businesses involved in renewable energy, electric vehicles, and energy storage. Well-known companies like NextEra Energy and Eaton are part of its portfolio. Investors might consider ZAP for its potential growth as electrification becomes a key trend in energy and infrastructure. However, since it focuses heavily on utilities and industrials, its performance can be impacted by changes in energy policies or market conditions.
How much will it cost me?The Global X U.S. Electrification ETF (Ticker: ZAP) has an expense ratio of 0.50%, which means you’ll pay $5 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is a sector-focused fund, which typically requires more active management compared to broad-market index funds. However, this cost reflects the specialized exposure to the growing electrification sector.
What would affect this ETF?The Global X U.S. Electrification ETF (ZAP) could benefit from increased government support for renewable energy and electrification initiatives, as well as growing consumer demand for electric vehicles and energy-efficient technologies. However, it may face challenges from rising interest rates, which can increase borrowing costs for infrastructure projects, and potential regulatory hurdles or delays in transitioning away from fossil fuels. Its heavy exposure to the utilities sector makes it sensitive to changes in energy policies and market dynamics.
ZAP Top 10 Holdings
The Global X U.S. Electrification ETF (ZAP) is heavily concentrated in utilities, with names like American Electric Power and Dominion Energy providing steady performance thanks to their strategic infrastructure investments. Quanta Services is a rising star, bolstered by strong revenue growth and a robust project backlog, while NextEra Energy adds a spark with its renewable energy focus, though high leverage tempers enthusiasm. On the flip side, lagging stocks like Duke Energy and Consolidated Edison are holding the fund back, weighed down by valuation concerns and bearish technical trends. Overall, ZAP’s U.S.-focused portfolio is a bet on electrification, but sector concentration makes it vulnerable to utility sector swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Quanta Services | 4.32% | $10.26M | $68.66B | 33.64% | 76 Outperform | |
| Ametek | 4.31% | $10.23M | $45.18B | 0.98% | 78 Outperform | |
| American Electric Power | 4.25% | $10.09M | $65.54B | 22.89% | 72 Outperform | |
| Dominion Energy | 4.20% | $9.98M | $53.40B | 6.45% | 63 Neutral | |
| NextEra Energy | 4.12% | $9.78M | $178.15B | 8.73% | 73 Outperform | |
| Entergy | 4.10% | $9.74M | $43.12B | 23.65% | 70 Neutral | |
| Xcel Energy | 4.08% | $9.68M | $48.06B | 11.98% | 70 Neutral | |
| Consolidated Edison | 4.03% | $9.56M | $36.14B | -0.45% | 65 Neutral | |
| Public Service Enterprise | 4.00% | $9.49M | $41.55B | -11.72% | 68 Neutral | |
| National Grid Transco | 4.00% | $9.48M | $75.22B | 18.58% | 74 Outperform |
ZAP Technical Analysis
Positive
―
Price Trends
30.08
Positive
28.96
Positive
26.95
Positive
Market Momentum
-0.07
Positive
53.87
Neutral
61.89
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For ZAP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.26, equal to the 50-day MA of 30.08, and equal to the 200-day MA of 26.95, indicating a bullish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 53.87 is Neutral, neither overbought nor oversold. The STOCH value of 61.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ZAP.
ZAP Peer Comparison
Comparison Results
Performance Comparison
ZAP
Global X U.S. Electrification ETF
30.35
6.58
27.68%
PWRD
Tcw Transform Systems Etf
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PNQI
Invesco NASDAQ Internet ETF
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SIXG
Defiance Connective Technologies Etf
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IYZ
iShares U.S. Telecommunications ETF
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ELFY
ALPS Electrification Infrastructure ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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