Global X U.S. Electrification ETF (ZAP) Performance
ZAP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.6% since Dec 31, 2025
- 1 year
- +3.8% total return
- 5 years
- −27.6% a year
- 10 years
- −15.9% a year
- Since first price
- −2.5% a year since 2005
ZAP trailing returns vs SPY, QQQ, AGG
| Period | ZAP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.2% | +0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.7% | −9.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −7.8% | −8.7% | +7.8% | +8.4% | −1.5% |
| YTD | +7.6% | +6.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +3.8% | +1.9% | +14.4% | +15.9% | −1.1% |
| 3 years | −80.1%−41.6%/yr | −80.7% | — | — | — |
| 5 years | −80.1%−27.6%/yr | −80.7% | — | — | — |
| 10 years | −82.2%−15.9%/yr | −82.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | −63.4%−6.5%/yr | −64.6% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | −44.2%−2.9%/yr | −46.0% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionNov 22, 2005 | −41.1%−2.5%/yr | −43.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ZAP vs SPY
From Nov 22, 2005: ZAP grew to $5,892, SPY to $88,315.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ZAP returns by calendar year
9 of 15 full years positive. Best 2007 (+103.1%), worst 2024 (−84.8%). 2026 is year to date.
ZAP annual returns table
| Year | ZAP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.6% | −13.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +21.8% | −12.4% | +17.7% | +20.8% | +7.2% |
| 2024 | −84.8% | −1.4% | +24.9% | +25.6% | +1.3% |
| 2018 | +2.2% | −4.8% | −4.6% | −0.1% | +0.1% |
| 2017 | −13.0% | −26.7% | +21.7% | +32.7% | +3.6% |
| 2016 | −29.5% | −38.0% | +12.0% | +7.1% | +2.4% |
| 2015 | +82.8% | −17.7% | +1.2% | +9.4% | +0.5% |
| 2014 | −19.8% | −23.2% | +13.5% | +19.2% | +6.0% |
| 2013 | +26.5% | −12.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +70.8% | −10.5% | +16.0% | +18.1% | +3.8% |
| 2011 | −5.3% | −39.5% | +1.9% | +3.4% | +7.7% |
| 2010 | +9.0% | −31.6% | +15.1% | +19.9% | +6.4% |
| 2009 | +46.6% | −28.4% | +26.4% | +54.7% | +3.0% |
| 2008 | −54.5% | −67.4% | −36.8% | −41.7% | +7.9% |
| 2007 | +103.1% | −29.0% | +5.1% | +19.0% | +6.6% |
| 2006 | +5.5% | −35.6% | +15.8% | +7.1% | +3.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ZAP largest drawdowns
Now 88.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 19, 2016 | −91.7% | Apr 8, 2025 | not yet | 9.2 years | 10.8 years so far |
| May 5, 2008 | −73.9% | Feb 2, 2009 | Aug 8, 2013 | 9 months | 5.3 years |
| Jun 26, 2007 | −37.5% | Jan 16, 2008 | Apr 29, 2008 | 7 months | 10 months |
| Apr 21, 2006 | −35.6% | Aug 21, 2006 | Apr 30, 2007 | 4 months | 1.0 years |
| Dec 2, 2013 | −32.7% | May 7, 2014 | Nov 20, 2015 | 5 months | 2.0 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ZAP risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2005 |
|---|---|---|---|---|
| Annualized return | −45.2% | −29.4% | −8.4% | −3.9% |
| Volatility (annualized) | 51.3% | 46.3% | 39.3% | 42.0% |
| Sharpe ratio | -0.53 | -0.28 | 0.11 | — |
| Sortino ratio | -0.55 | -0.32 | 0.15 | — |
| Best month | +8.5% | +37.0% | +37.0% | +45.4% |
| Worst month | −84.8% | −84.8% | −84.8% | −84.8% |
| Best 12 months | +42.4% | +42.4% | +82.8% | +131.0% |
| Worst 12 months | −84.8% | −84.8% | −84.8% | −84.8% |
| Positive months | 33% | 33% | 45% | 44% |
| Beta vs S&P 500 | 0.80 | 0.78 | 0.96 | — |
| Correlation with S&P 500 | 0.21 | 0.19 | 0.28 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ZAP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 169 | −84.8% | +5.4% | +131.0% | 57% |
| 3-year (a year) | 145 | −54.1% | +7.0% | +37.5% | 64% |
| 5-year (a year) | 121 | −33.4% | +9.3% | +28.8% | 74% |
| 10-year (a year) | 61 | −11.1% | +3.0% | +16.7% | 62% |
Every holding period starting at a month-end since 2005. Returns for 3 years and longer are annualized.
ZAP performance overview
Global X U.S. Electrification ETF (ZAP) returned +3.8% over the past year and −15.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2005 it has returned −2.5% a year, turning $10,000 into about $5,892. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −91.7%, from Jan 19, 2016 to Apr 8, 2025; the fund has not yet regained that high. ZAP finished 9 of its 15 full calendar years with a gain; the best year was 2007 (+103.1%) and the worst 2024 (−84.8%). Volatility has been 42.0% a year.
Related: ZAP chart, ZAP holdings, ZAP dividends, ZAP valuation. See the ZAP overview for the latest quote and fund facts.
ZAP performance FAQ
What is the ZAP return over the past year?
ZAP returned +3.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 1.9%.
What is the average annual return of ZAP?
ZAP has returned −27.6% a year over 5 years, −15.9% a year over 10 years, −2.5% a year since November 22, 2005 (total return, distributions reinvested).
How much would $10,000 invested in ZAP be worth?
$10,000 invested in ZAP at its first recorded close on November 22, 2005 would be worth about $5,892 on October 23, 2026 with distributions reinvested.
What was the worst year for ZAP?
The worst calendar year was 2024, with a total return of −84.8%. The best was 2007 at +103.1%.
What is the biggest drawdown of ZAP?
The largest peak-to-trough decline was −91.7% between January 19, 2016 and April 8, 2025. It has not yet recovered to that high; it is 88.4% below its peak.
How volatile is ZAP?
Over the past 3 years ZAP had an annualized volatility of 51.3% and a Sharpe ratio of -0.53 (excess return over 1–3 month T-bills per unit of risk).