POWR vs. ZAP

Last updated Apr 2, 2026

Compare and contrast key facts about iShares U.S. Power Infrastructure ETF (POWR) and Global X U.S. Electrification ETF (ZAP).

POWR and ZAP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. POWR is an actively managed fund by iShares. It was launched on Jan 31, 2012. ZAP is a passively managed fund by Global X that tracks the performance of the Global X U.S. Electrification Index. It was launched on Dec 17, 2024.

Performance

POWR vs. ZAP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Power Infrastructure ETF (POWR) and Global X U.S. Electrification ETF (ZAP). The values are adjusted to include any dividend payments, if applicable.

POWR vs. ZAP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
POWR iShares U.S. Power Infrastructure ETF	12.26%	10.81%	2.44%
ZAP Global X U.S. Electrification ETF	11.63%	21.84%	1.26%

Returns By Period

In the year-to-date period, POWR achieves a 12.26% return, which is significantly higher than ZAP's 11.63% return.

POWR

• 1D: 0.42%
• 1M: -1.18%
• YTD: 12.26%
• 6M: 11.01%
• 1Y: 13.80%
• 3Y*: 9.78%
• 5Y*: 16.12%
• 10Y*: 8.88%

ZAP

• 1D: 0.87%
• 1M: -2.67%
• YTD: 11.63%
• 6M: 9.69%
• 1Y: 33.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

POWR vs. ZAP - Expense Ratio Comparison

POWR has a 0.40% expense ratio, which is lower than ZAP's 0.50% expense ratio.

ZAP

Global X U.S. Electrification ETF

POWR

iShares U.S. Power Infrastructure ETF

Return for Risk

POWR vs. ZAP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

POWR

POWR Risk / Return Rank: 31
POWR Sharpe Ratio Rank: 31
POWR Sortino Ratio Rank: 30
POWR Omega Ratio Rank: 32
POWR Calmar Ratio Rank: 30
POWR Martin Ratio Rank: 31

ZAP

ZAP Risk / Return Rank: 90
ZAP Sharpe Ratio Rank: 91
ZAP Sortino Ratio Rank: 91
ZAP Omega Ratio Rank: 88
ZAP Calmar Ratio Rank: 94
ZAP Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

POWR vs. ZAP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Power Infrastructure ETF (POWR) and Global X U.S. Electrification ETF (ZAP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	POWR	ZAP	Difference
Sharpe ratio Return per unit of total volatility	0.64	2.10	-1.47
Sortino ratio Return per unit of downside risk	0.94	2.74	-1.80
Omega ratio Gain probability vs. loss probability	1.14	1.37	-0.23
Calmar ratio Return relative to maximum drawdown	0.80	3.99	-3.18
Martin ratio Return relative to average drawdown	2.84	11.89	-9.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POWR vs. ZAP - Sharpe Ratio Comparison

The current POWR Sharpe Ratio is 0.64, which is lower than the ZAP Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of POWR and ZAP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	POWR	ZAP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.64	2.10	-1.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	1.74	-1.57

Correlation

The correlation between POWR and ZAP is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

POWR vs. ZAP - Dividend Comparison

POWR's dividend yield for the trailing twelve months is around 7.04%, more than ZAP's 1.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
POWR iShares U.S. Power Infrastructure ETF	7.04%	7.56%	4.36%	4.16%	4.82%	3.94%	3.96%	5.71%	3.17%	3.11%	2.75%	3.42%
ZAP Global X U.S. Electrification ETF	1.62%	1.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

POWR vs. ZAP - Drawdown Comparison

The maximum POWR drawdown since its inception was -65.98%, which is greater than ZAP's maximum drawdown of -12.38%. Use the drawdown chart below to compare losses from any high point for POWR and ZAP.

Drawdown Indicators

	POWR	ZAP	Difference
Max Drawdown Largest peak-to-trough decline	-65.98%	-12.38%	-53.60%
Max Drawdown (1Y) Largest decline over 1 year	-17.63%	-8.59%	-9.04%
Max Drawdown (5Y) Largest decline over 5 years	-25.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-63.42%	—	—
Current Drawdown Current decline from peak	-1.62%	-2.87%	+1.25%
Average Drawdown Average peak-to-trough decline	-18.35%	-2.67%	-15.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.00%	2.88%	+2.12%

Volatility

POWR vs. ZAP - Volatility Comparison

iShares U.S. Power Infrastructure ETF (POWR) has a higher volatility of 5.66% compared to Global X U.S. Electrification ETF (ZAP) at 5.34%. This indicates that POWR's price experiences larger fluctuations and is considered to be riskier than ZAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POWR	ZAP	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.66%	5.34%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	10.77%	+1.17%
Volatility (1Y) Calculated over the trailing 1-year period	21.77%	16.07%	+5.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.22%	16.54%	+6.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.64%	16.54%	+9.10%