BUI vs ZAP
BlackRock Utility Infrastructure & Power Opportunities Trust vs Global X US Electrification ETF
Which is better, BUI or ZAP?
Each has led over a different period.
ZAP has a lower expense ratio. BUI led over 1Y, ZAP over the full window. BUI is less concentrated, with 39.6% of the fund in its ten largest positions against 44.2%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BUI | ZAP |
|---|---|---|
| Expense Ratio | 1.07% | 0.50%Best |
| AUM | $687M | $440M |
| Dividend Yield | 10.99% | 1.74% |
| Holdings | 54 | 94 |
| YTD Return | +3.71% | +6.45%Best |
| 1Y Return | +6.35%Best | +2.72% |
| 3Y Return (annualized) | +15.33% | - |
| 5Y Return (annualized) | +7.84% | - |
| Volatility (annualized) | 18.5% | 15.2%Best |
| Max Drawdown | -17.2% | -13.0%Best |
| $10,000 over 1.8 years | $13,223 | $13,487Best |
| Top 10 Weight | 39.6%Best | 44.2% |
| Fund Family | BlackRock, Inc. (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 23, 2011 | Dec 17, 2024 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 18, 2024 to Oct 14, 2026 (1.8 years).
BUI vs ZAP growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.
BUI vs ZAP Performance
BlackRock Utility Infrastructure & Power Opportunities Trust (BUI) is an ETF from BlackRock, Inc. (US) and Global X US Electrification ETF (ZAP) is an ETF from Global X by mirae Asset. Over the past year BUI returned +6.35% while ZAP returned +2.72%. Year to date, BUI is up 3.71% versus a gain of 6.45% for ZAP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BUI has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 15.2% for ZAP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.2% for BUI and -13.0% for ZAP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BUI charges 1.07% per year while ZAP charges 0.50%. On a $10,000 position that is $107 vs $50 annually, a gap of $57 per year that compounds over a long holding period. On income, BUI currently yields 10.99% against 1.74% for ZAP.
Holdings Overlap
30.0% of BUI's money is in holdings ZAP also owns. 36.6% of ZAP's money is in holdings BUI also owns.
The two portfolios partly overlap.
The two holdings books were reported 94 days apart, BUI as of Jun 30, 2026 and ZAP as of Oct 2, 2026, so some of the difference between them is the time between the two reports rather than the funds.
10 positions in common, counted across the 54 positions we hold weights for in BUI and 45 in ZAP, against full books of 54 and 94.
What only one of them owns
Our book lists 34 positions for ZAP that do not appear in our book for BUI (62.2% of the fund), and 22 for BUI that do not appear in ZAP (39.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BUI | Weight in ZAP | Difference |
|---|---|---|---|
| NEENextera Energy Inc | 6.17% | 3.65% | 2.52% |
| DUKDuke Energy Corp | 3.96% | 3.88% | 0.08% |
| SOSouthern Co. | 3.94% | 3.85% | 0.09% |
| AEPAmerican Electric Power Co Inc | 3.46% | 3.91% | 0.45% |
| DDominion Energy Inc. | 2.85% | 4.28% | 1.43% |
| ETREntergy Corp. | 2.55% | 3.82% | 1.27% |
| EXCExelon | 2.41% | 3.79% | 1.38% |
| XELXcel Energy Inc. | 2.20% | 3.85% | 1.65% |
| FEFirstenergy Corp | 1.74% | 2.83% | 1.09% |
| HUBBHubbell Inc | 0.74% | 2.77% | 2.03% |
36.6% of ZAP is already inside BUI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BUI or ZAP?
BUI has an expense ratio of 1.07% while ZAP charges 0.50%. ZAP is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, BUI or ZAP?
Over the past year BUI returned +6.35% vs +2.72% for ZAP, so BUI leads on 1-year performance. Over the longest common window we track (2 years), BUI annualized +16.79% vs +18.08% for ZAP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BUI or ZAP?
BUI has been the more volatile fund at 18.5% annualized versus 15.2% for ZAP. Worst drawdown: BUI -17.2% vs ZAP -13.0%.
Should I hold both BUI and ZAP?
BUI and ZAP have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BUI and ZAP?
36.6% of ZAP's money is in holdings BUI also owns. 36.6% of ZAP's is in holdings BUI also owns. They hold 10 positions in common, counted across the 54 positions we hold weights for in BUI and 45 in ZAP.
Which pays a higher dividend, BUI or ZAP?
BUI yields 10.99% while ZAP yields 1.74%, so BUI currently pays the higher dividend yield.
Is ZAP better than BUI?
ZAP has a lower expense ratio. BUI led over 1Y, ZAP over the full window. BUI is less concentrated, with 39.6% of the fund in its ten largest positions against 44.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.