Global X U.S. Electrification ETF (ZAP) belongs to the Utilities Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ZAP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ZAP
ZAP charges 0.50% annually. There are 12 ETFs in the Utilities Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Utilities Index ETF | 0.08% | 2.35B | Oct 2013 | ZAP vs FUTY | |
| State Street Utilities Select Sector SPDR ETF | 0.08% | 23.07B | Dec 1998 | ZAP vs XLU | |
| Vanguard Utilities ETF | 0.09% | 10.80B | Jan 2004 | ZAP vs VPU | |
| Invesco S&P SmallCap Utilities & Communication Ser... | 0.29% | 17.33M | Apr 2010 | ZAP vs PSCU | |
| State Street Utilities Select Sector SPDR Premium ... | 0.35% | 26.10M | Jul 2025 | ZAP vs XLUI |
Best Risk-Adjusted Alternatives to ZAP
ZAP has a PortfoliosLab risk / return rank of 44. There are 6 ETFs in the Utilities Equities category with higher risk-adjusted ranks, going as high as 81.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 81 | — | Jul 2025 | ZAP vs BILT | |
| SPDR S&P Global Infrastructure ETF | 67 | 941.89M | Jan 2007 | ZAP vs GII | |
| First Trust EIP Power Solutions ETF | 61 | 29.60M | Aug 2019 | ZAP vs FPWR | |
| FlexShares STOXX Global Broad Infrastructure Index... | 55 | 3.00B | Oct 2013 | ZAP vs NFRA | |
| iShares Global Utilities ETF | 44 | 309.87M | Sep 2006 | ZAP vs JXI |
Top Performing ZAP Alternatives (YTD)
ZAP is at 12.73% YTD. There are 3 ETFs in the Utilities Equities category with higher YTD returns, going as high as 16.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ALPS Electrification Infrastructure ETF | 16.38% | 191.85M | Apr 2025 | ZAP vs ELFY | |
| iShares Infrastructure Active ETF | 14.30% | — | Jul 2025 | ZAP vs BILT | |
| First Trust EIP Power Solutions ETF | 13.39% | 29.60M | Aug 2019 | ZAP vs FPWR | |
| iShares U.S. Power Infrastructure ETF | 12.12% | 450.78M | Jan 2012 | ZAP vs POWR | |
| Invesco S&P SmallCap Utilities & Communication Ser... | 11.84% | 17.33M | Apr 2010 | ZAP vs PSCU |
Lowest Volatility Alternatives to ZAP
ZAP has 15.88% 1-year volatility. There are 16 ETFs in the Utilities Equities category with lower 1-year volatility, going as low as 10.31%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Infrastructure Active ETF | 10.31% | — | Jul 2025 | ZAP vs BILT | |
| FlexShares STOXX Global Broad Infrastructure Index... | 10.38% | 3.00B | Oct 2013 | ZAP vs NFRA | |
| First Trust EIP Power Solutions ETF | 10.86% | 29.60M | Aug 2019 | ZAP vs FPWR | |
| SPDR S&P Global Infrastructure ETF | 10.98% | 941.89M | Jan 2007 | ZAP vs GII | |
| State Street Utilities Select Sector SPDR Premium ... | 11.32% | 26.10M | Jul 2025 | ZAP vs XLUI |
Lowest Drawdown Alternatives to ZAP
ZAP has a 1-year max drawdown of -8.18%. There are 6 ETFs in the Utilities Equities category with shallower 1-year drawdowns, going as shallow as -5.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust EIP Power Solutions ETF | -5.02% | 29.60M | Aug 2019 | ZAP vs FPWR | |
| iShares Infrastructure Active ETF | -5.38% | — | Jul 2025 | ZAP vs BILT | |
| SPDR S&P Global Infrastructure ETF | -5.94% | 941.89M | Jan 2007 | ZAP vs GII | |
| State Street Utilities Select Sector SPDR Premium ... | -6.01% | 26.10M | Jul 2025 | ZAP vs XLUI | |
| FlexShares STOXX Global Broad Infrastructure Index... | -7.28% | 3.00B | Oct 2013 | ZAP vs NFRA |
Other ETFs from Global X
The 10 most viewed Global X ETFs shown here include QYLD, SHLD, AIQ and span 14 categories. AUM among these funds goes as high as $15B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call ETF | Nasdaq-100, Derivative Income | 83 | 7.67% | 8.09B | Dec 2013 | ZAP vs QYLD | |
| Global X Defense Tech ETF | Aerospace & Defense | 14 | -2.06% | 7.00B | Sep 2023 | ZAP vs SHLD | |
| Global X Artificial Intelligence & Technology ETF | Artificial Intelligence, Technology Equities | 45 | 15.79% | 10.34B | May 2018 | ZAP vs AIQ | |
| Global X Uranium ETF | Uranium | 14 | -8.57% | 5.45B | Nov 2010 | ZAP vs URA | |
| Global X Copper Miners ETF | Copper | 76 | 10.22% | 7.34B | Apr 2010 | ZAP vs COPX | |
| Global X Robotics & Artificial Intelligence Themat... | Artificial Intelligence, Robotics, Technology Equities | 16 | -2.74% | 3.31B | Sep 2016 | ZAP vs BOTZ | |
| Global X Silver Miners ETF | Silver, Precious Metals | 41 | -11.58% | 3.96B | Apr 2010 | ZAP vs SIL | |
| Global X S&P 500 Covered Call ETF | Derivative Income, S&P 500 | 93 | 8.05% | 3.24B | Jun 2013 | ZAP vs XYLD | |
| Global X Data Center & Digital Infrastructure ETF | REIT | 74 | 30.53% | 2.30B | Oct 2020 | ZAP vs DTCR | |
| Global X US Infrastructure Development ETF | Infrastructure Equities, Industrials Equities | 52 | 18.14% | 14.54B | Mar 2017 | ZAP vs PAVE |
Often Compared With ZAP
Investors most often compare ZAP with VOLT, GRID, LIT. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare ZAP with Any Fund or Stock
Compare ZAP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ZAP with funds that move differently
Global X U.S. Electrification ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ZAP.
Explore ZAP Diversifiers