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JOUL vs ZAP

Corgi High Voltage Grid Equipment ETF

JOULCCboe

Global X U.S. Electrification ETF

ZAPBNasdaq

Overlap

13.5%by weight

Expense ratio

JOUL −0.15pt a year

JOUL0.35%ZAP0.50%

Avg volume · 30D

ZAP 24.2×the volume

JOUL5.07KZAP122K

JOUL vs ZAP Performance

Jul 31, 2026 – Oct 30, 2026

−13.7%JOUL−2.4%ZAP

Jul 31, 2026 to Oct 30, 2026. JOUL −13.7%. ZAP −2.4%. Use the arrow keys to read each point.−10%5%10%Jul 2026Sep 2026Oct 2026
Expense ratio
JOUL 0.35%, better
ZAP 0.50%
Fund size
JOUL $8M
ZAP $450M
1Y total return
JOUL No data
ZAP +4.9%
Yield (12M)
JOUL No data
ZAP 1.88%
Holdings
JOUL 19
ZAP 47
Avg volume (30D)
JOUL 5.07K sh
ZAP 122K sh, better
NAV per share
JOUL $20.05
ZAP $31.56
52W range

ETF.net Grade

JOUL: Cost 85, Risk 24, Mission not scored, Tradability 34, Holdings 30, Durability 20. ZAP: Cost 61, Risk 71, Mission not scored, Tradability 75, Holdings 67, Durability 76.
Pillar letters and Scores for JOUL, ZAP, with each pillar’s weight
PillarJOULZAP
Cost30% weightA85HigherB61
Mission25% weightNot scoredNot scored
Risk15% weightF24A71Higher
Tradability15% weightD34A75Higher
Holdings10% weightD30B67Higher
Durability5% weightF20A76Higher

Rank among Grid & Electrification funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. JOUL and ZAP are both graded against the same 10 Grid & Electrification funds, so their Grades compare head to head.

Grid & Electrification⁠

Category · 10 funds
See all 10 ›

ZAP ranks 1st and JOUL 5th of 10 funds in the Grid & Electrification Category.

  1. Rank 1BZAPGlobal X U.S. Electrification ETFScore 67
  2. Rank 2BELFYALPS Electrification Infrastructure ETFScore 66
  3. Rank 4CGASZCorgi Natural Gas Power & Turbines ETFScore 53
  4. Rank 5CJOULCorgi High Voltage Grid Equipment ETFScore 51
  5. Rank 6CKWHGMO Power Infrastructure ETFScore 46

Our read on each fund

ETF.net Research

JOULCCorgi High Voltage Grid Equipment ETF

ZAPBGlobal X U.S. Electrification ETF

In short

JOUL No data

ZAP Most electrification funds buy the picks and shovels. ZAP also buys the power company: a US-focused index spanning conventional generation and delivery, alternative power, and grid hardware, priced at the low end of its peer group.

Stated mandate

JOUL No data

ZAP The Fund seeks to track, before fees and expenses, the price and yield performance of the Global X U.S. Electrification Index. It invests at least 80% of net assets in securities of that index, including common stocks and ADRs.

Why people hold it

JOUL No data

  • ZAP 0.50% expense ratio, tied for cheapest in its electrification cohort and comfortably under the 0.75% cohort median.
  • Three lanes in one basket: conventional electricity generation, transmission and distribution; alternative power; and grid and smart-grid technology. Pays quarterly.globalxetfs.com
  • Revenue screens keep the theme tight: grid and alternative names need 50%+ of revenue from the theme, conventional utilities 75% to get in.globalxetfs.com
  • Deliberately domestic. The index sticks to US-listed electrification names, while a peer like GRID tracks a global smart-grid benchmark.sec.govsec.gov 2

Worth knowing

JOUL No data

  • ZAP Launched December 2024, so the track record is short and there is little history to judge it against.
  • About 40 holdings, and the prospectus says the fund concentrates its investments. Moves in power and grid names land with full force.sec.gov
  • Self-indexed: Global X owns the index its own fund tracks, and an affiliate administers it. Common in thematics, still worth knowing.sec.gov

Full JOUL profile⁠

Full ZAP profile⁠

JOUL vs ZAP Holdings

As of

How JOUL and ZAP differ

Overlap by weight

13.5%

Shared holdings make up 31.2% of JOUL and 13.5% of ZAP.

Level by level

  • Holdings5 in both13.5%
  • Countryby domicile98.4%
  • Asset classEquity100%

Sector

No Sector split for ZAP.

Country, concentration and asset class

Country by domicile

Country weights in JOUL and ZAP, widest gap first
CountryMore in JOULMore in ZAP
United KingdomJOUL +1.6 points
CanadaZAP +1.6 points
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • JOUL74.2%
  • ZAP43.8%

Securities held

  • JOUL18
  • ZAP46

Asset class

JOUL
Equity
ZAP
Equity

Holdings

  • Only in JOUL13
  • In both5
  • Only in ZAP41

Only in JOUL

13 securities, 68.8% of JOUL by weight

  • First American Government Obligations Fund 12/01/203114.49%
  • GE Vernova Inc12.98%
  • Itron Inc4.66%

Only in ZAP

41 securities, 86.5% of ZAP by weight

  • Bloom Energy Corp- A5.36%
  • Ametek Inc4.49%
  • Dominion Energy Inc4.25%

Weight gaps

All 5 Holdings in both funds, largest gap first.

Holding weights in JOUL and ZAP, widest gap first
HoldingMore in JOULMore in ZAP
Eaton Corp PLCETNJOUL +9.56 points
American Superconductor CorpAMSCJOUL +3.16 points
Hubbell IncHUBBJOUL +1.95 points
MasTec IncMTZJOUL +1.76 points
Quanta Services IncPWRJOUL +1.29 points

All 30 JOUL holdings⁠All 48 ZAP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

JOUL vs ZAP Cost

Overpaying ZAP vs JOUL

$2,853

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JOUL 0.35%

    $7,126

  • ZAP 0.50%

    $9,979

$10,000
30 years

Cost over time

  • JOUL 0.35%
  • ZAP 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530ZAP $9,979JOUL $7,126

Year by year

YearJOULZAPOverpaying
10$634$900$266
20$2,454$3,460$1,006
30$7,126$9,979$2,853

Expense ratio

  • 0.35%JOUL, cheaper
  • 0.50%ZAP
  • Middle half of Grid & Electrification funds
  • Median 0.53%

JOUL cheapest of 10 funds

ZAP 4th cheapest of 10 funds

JOUL vs ZAP Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
JOUL No data
ZAP 1.88%
Payout (12M)
JOUL None
ZAP $0.59
Last payment
JOUL No data
ZAP $0.15
Ex-dividend
JOUL No data
ZAP Oct 5, 2026
Paid on
JOUL No data
ZAP Oct 8, 2026
Frequency
JOUL No data
ZAP Quarterly

Distribution history

Per share, 2024 to 2026, same scale for both

JOULAll JOUL payments⁠

No distribution history available.

ZAPQuarterly · 8 paymentsAll ZAP payments⁠
One bar per payment. 8 payments from 2024 to 2026 YTD. Dec 30, 2024 $0.00067; Apr 3, 2025 $0.14; Jul 3, 2025 $0.14; Oct 3, 2025 $0.10; Dec 30, 2025 $0.15; Apr 6, 2026 $0.13; Jul 6, 2026 $0.17; Oct 5, 2026 $0.15. Use the arrow keys to read each point.$0$0.102026YTD

JOUL vs ZAP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
JOUL No dataZAP 15.2%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
JOUL No dataZAP 0.87since Jan 2025
Worst fallMax drawdown, 5 years
JOUL No dataZAP −13.0%since Dec 2024
Market sensitivityBeta, 5 years
JOUL −2.00ZAP 0.55

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