ZAP vs. XLUI

Last updated Apr 1, 2026

Compare and contrast key facts about Global X U.S. Electrification ETF (ZAP) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI).

ZAP and XLUI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. XLUI is an actively managed fund by State Street. It was launched on Jul 29, 2025.

Performance

ZAP vs. XLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Electrification ETF (ZAP) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI). The values are adjusted to include any dividend payments, if applicable.

ZAP vs. XLUI - Yearly Performance Comparison

	2026 (YTD)	2025
ZAP Global X U.S. Electrification ETF	10.67%	3.75%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	6.96%	0.51%

Returns By Period

In the year-to-date period, ZAP achieves a 10.67% return, which is significantly higher than XLUI's 6.96% return.

ZAP

• 1D: 1.20%
• 1M: -3.57%
• YTD: 10.67%
• 6M: 9.86%
• 1Y: 33.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XLUI

• 1D: -0.01%
• 1M: -0.70%
• YTD: 6.96%
• 6M: 4.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZAP vs. XLUI - Expense Ratio Comparison

ZAP has a 0.50% expense ratio, which is higher than XLUI's 0.35% expense ratio.

ZAP

Global X U.S. Electrification ETF

XLUI

State Street Utilities Select Sector SPDR Premium Income ETF

Return for Risk

ZAP vs. XLUI — Risk / Return Rank

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

ZAP

ZAP Risk / Return Rank: 91
ZAP Sharpe Ratio Rank: 91
ZAP Sortino Ratio Rank: 92
ZAP Omega Ratio Rank: 89
ZAP Calmar Ratio Rank: 95
ZAP Martin Ratio Rank: 90

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.

ZAP vs. XLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Electrification ETF (ZAP) and State Street Utilities Select Sector SPDR Premium Income ETF (XLUI). 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.

	ZAP	XLUI	Difference
Sharpe ratio Return per unit of total volatility	2.07	—	—
Sortino ratio Return per unit of downside risk	2.71	—	—
Omega ratio Gain probability vs. loss probability	1.37	—	—
Calmar ratio Return relative to maximum drawdown	3.99	—	—
Martin ratio Return relative to average drawdown	11.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ZAP	XLUI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	1.10	+0.59

Correlation

The correlation between ZAP and XLUI is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ZAP vs. XLUI - Dividend Comparison

ZAP's dividend yield for the trailing twelve months is around 1.64%, less than XLUI's 8.25% yield.

	TTM	2025	2024
ZAP Global X U.S. Electrification ETF	1.64%	1.81%	0.00%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	8.25%	7.12%	0.00%

Drawdowns

ZAP vs. XLUI - Drawdown Comparison

The maximum ZAP drawdown since its inception was -12.38%, which is greater than XLUI's maximum drawdown of -6.01%. Use the drawdown chart below to compare losses from any high point for ZAP and XLUI.

Drawdown Indicators

	ZAP	XLUI	Difference
Max Drawdown Largest peak-to-trough decline	-12.38%	-6.01%	-6.37%
Max Drawdown (1Y) Largest decline over 1 year	-8.59%	—	—
Current Drawdown Current decline from peak	-3.71%	-1.30%	-2.41%
Average Drawdown Average peak-to-trough decline	-2.67%	-1.88%	-0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	—	—

Volatility

Volatility by Period

	ZAP	XLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.07%	10.43%	+5.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	10.43%	+6.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	10.43%	+6.12%