ZAP aims to provide investors with exposure to the utilities sector through a concentrated portfolio of just 10 holdings. This targeted approach allows for potentially higher returns but also introduces concentration risk. The ETF's strategy focuses on companies involved in various aspects of the utilities industry, from traditional energy generation to advanced grid technologies. Top holdings like Quanta Services Inc (4.86%) and AMETEK Inc (4.80%) suggest a tilt towards companies providing services and equipment to the utility sector, rather than solely focusing on utility operators themselves. This may differentiate ZAP from broader utilities ETFs that include a wider range of companies with smaller allocations. Investors seeking a focused bet on the future of energy infrastructure and related technologies might find ZAP appealing. The ETF's concentrated nature requires careful consideration of the specific companies and their prospects within the evolving energy landscape. Past performance does not guarantee future results.
ZAP (ZAP) ETF Analysis
ZAP is an ETF focused on the utilities sector, providing targeted exposure to companies involved in the generation, transmission, and distribution of energy. With a portfolio of 10 holdings, ZAP offers a concentrated approach to this sector. The fund's top holdings include companies like Quanta Services Inc and AMETEK Inc, reflecting a focus on infrastructure and technology within the utilities space. As of 2026-03-15, ZAP has a dividend yield of 0.00% and a three-year beta of 0.00, indicating relatively low volatility compared to the broader market. Past performance does not guarantee future results.
ZAP (ZAP) ETF — Price, Holdings & Analysis
ZAP is an ETF focused on the utilities sector, providing targeted exposure to companies involved in the generation, transmission, and distribution of energy. With a portfolio of 10 holdings, ZAP offers a concentrated approach to this sector. The fund's top holdings include companies like Quanta Services Inc and AMETEK Inc, reflecting a focus on infrastructure and technology within the utilities space. As of 2026-03-15, ZAP has a dividend yield of 0.00% and a three-year beta of 0.00, indicating relatively low volatility compared to the broader market. Past performance does not guarantee future results.
ETF Overview
Risk Metrics
ZAP's concentrated portfolio of 10 holdings introduces significant concentration risk. A large portion of the fund's assets is allocated to a small number of companies, meaning that the performance of ZAP is highly dependent on the success of these individual holdings. The top holding, Quanta Services Inc, represents 4.86% of the portfolio, and the top 10 holdings collectively make up the entire fund. The ETF's sector focus on utilities also presents sector-specific risk. Changes in regulations, technological advancements, or economic conditions that disproportionately affect the utilities sector could have a significant impact on ZAP's performance. With a three-year beta of 0.00, ZAP exhibits very low volatility relative to the market. Investors should be aware that past performance does not guarantee future results.
Top Holdings
- Quanta Services Inc (PWR): 4.86%
- AMETEK Inc (AME): 4.80%
- National Grid PLC ADR (NGG): 4.56%
- American Electric Power Co Inc (AEP): 4.24%
- Entergy Corp (ETR): 4.18%
- Consolidated Edison Inc (ED): 4.16%
- NextEra Energy Inc (NEE): 4.15%
- Dominion Energy Inc (D): 3.88%
- Exelon Corp (EXC): 3.85%
- Xcel Energy Inc (XEL): 3.82%
Dividend Yield
0.00%
Risk Metrics
- Beta: 0.00
Questions & Answers
What is ZAP and what does it track?
ZAP is an exchange-traded fund (ETF) designed to provide investors with targeted exposure to the utilities sector. Unlike broad market ETFs, ZAP focuses specifically on companies involved in the generation, transmission, and distribution of energy and related services. The ETF achieves this by holding a concentrated portfolio of only 10 companies, allowing for a more focused investment in the utilities space. The fund's performance is directly tied to the performance of these selected utility companies, making it a sector-specific investment tool.
What is the expense ratio for ZAP?
The expense ratio for ZAP is not provided in the given data. When evaluating ETFs, the expense ratio is a critical factor to consider, as it represents the annual cost of owning the fund, expressed as a percentage of the assets under management. A lower expense ratio means that more of the fund's returns are passed on to investors. Investors should compare ZAP's expense ratio (when available) to the average expense ratio of similar utilities-focused ETFs to assess its cost-effectiveness.
What are the top holdings in ZAP?
ZAP's top holdings, as of 2026-03-15, include Quanta Services Inc (PWR) at 4.86%, AMETEK Inc (AME) at 4.80%, and National Grid PLC ADR (NGG) at 4.56%. These companies represent a significant portion of the ETF's assets. Other notable holdings include American Electric Power Co Inc (AEP) at 4.24% and Entergy Corp (ETR) at 4.18%. The fund's concentrated portfolio means that the performance of these top holdings will have a substantial impact on the overall performance of ZAP.
Is ZAP a good long-term investment?
Whether ZAP is a suitable long-term investment depends on an individual investor's goals, risk tolerance, and outlook on the utilities sector. ZAP offers targeted exposure to the utilities sector through a concentrated portfolio of 10 holdings. The ETF's dividend yield is 0.00% as of 2026-03-15, and it has a three-year beta of 0.00. Investors should carefully consider the concentration risk and sector-specific risks associated with ZAP before making a long-term investment decision. Past performance does not guarantee future results.
How does ZAP compare to similar ETFs?
ZAP distinguishes itself from similar utilities ETFs through its highly concentrated portfolio of only 10 holdings. Many other utilities ETFs hold a larger number of companies, providing broader diversification within the sector. ZAP's concentrated approach may lead to higher potential returns, but it also introduces greater concentration risk. Investors should compare ZAP's expense ratio (when available), AUM, and historical performance to those of other utilities ETFs to determine which fund best aligns with their investment objectives and risk tolerance.
Does ZAP pay dividends?
As of 2026-03-15, ZAP has a dividend yield of 0.00%. This indicates that the ETF is not currently distributing dividends to its shareholders. Investors seeking income from their investments may want to consider other ETFs that offer a higher dividend yield. However, it's important to note that dividend yields can fluctuate over time and are not guaranteed.