ZAP

Global X U.S. Electrification ETF

$30.02

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Global X U.S. Electrification ETF (ZAP) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive U.S. Electrification Index.

Overview

ETF tracking Global X U.S. Electrification ETF

Category International

Issuer Other

Inception Date 2024-12-18

Market Cap $190.0M

Average Volume N/A

Dividend Yield 1.26%

52-Week Range $22.70 - $31.25

VWAP $29.93

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests in companies that are positioned to benefit from the increased adoption of electric vehicles and related technologies in the United States. This includes companies involved in the manufacturing, distribution, and infrastructure supporting electric vehicles.

✨ Key Features

Provides exposure to the growing U.S. electric vehicle and electrification industry
Diversified portfolio of companies across the electric vehicle value chain
Passively managed to track the Solactive U.S. Electrification Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry
Volatility risk as the electric vehicle industry is still developing
Dependence on government policies and regulations related to electric vehicles
Potential for rapid technological changes in the industry

👤 Best For

This ETF may be suitable for investors seeking exposure to the long-term growth potential of the U.S. electric vehicle and electrification market. It is best suited for investors with a higher risk tolerance and a longer investment horizon who can withstand the volatility associated with this emerging industry.