At a glance
ELFY charges 0.5% a year, below the 0.63% average of the 3 funds most like it (the 2nd cheapest of 4). It has $196.0M in assets, the 3rd largest of that group; it paid 1.16% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +3.5% with distributions reinvested (S&P 500: +11.5%), the weakest of those 4 funds. Its ten largest positions make up 11.4% of the fund, out of 115 in all.
The short version
ALPS Electrification Infrastructure ETF (ELFY) tracks the Ladenburg Thalmann Electrification Infrastructure Index. The index holds an equal-weighted basket of about 100 US-listed companies tied to producing, moving and using electricity, from utilities and uranium miners to pipeline operators and engineering firms. Because of equal weighting, its top 10 holdings made up just 11.37% of assets as of August 31, 2026. Its 0.50% expense ratio is below the 0.63% average of similar funds, but its track record is short.
Price history
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ELFY +3.5% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| ELFY price data to Oct 27, 2026 | +8.9% | +3.5% | — | — | — | +28.8% |
- Over the year to Oct 27, 2026, ELFY returned +3.5%, 4th of 4 among similar funds.
- The deepest fall in its price history was 18.6% (Jun 22, 2026 to Oct 23, 2026), not yet recovered.
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +8.9% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.3200 |
What's inside
As of Aug 31, 2026, the fund held 115 securities; the ten largest made up 11.37% of assets.
| Holding | Weight | |
|---|---|---|
| Zebra Technologies Corp | 1.48% | |
| Tetra Tech Inc | 1.21% | |
| Cheniere Energy Inc | 1.13% | |
| Trimble Inc | 1.12% | |
| Jacobs Solutions Inc | 1.10% | |
| Uranium Energy Corp | 1.08% | |
| Venture Global Inc | 1.08% | |
| Acuity Inc | 1.07% | |
| Freeport-mcmoran Inc | 1.07% | |
| Constellation Energy Corp | 1.04% | |
| Fluor Corp | 1.02% | |
| Targa Resources Corp | 1.01% | |
| Hudbay Minerals Inc | 1.01% | |
| Oneok Inc | 1.01% | |
| Nexgen Energy Ltd | 1.00% |
By country
United States 81.41%Canada 12.9%Ireland 2.73%Bermuda 0.95%Cayman Islands 0.9%By asset type
Stocks 99.67%What changed recently
- Over the three months to Aug 31, 2026, investors added a net $12.9M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +1.26%, -9.36%, -1.20%.
What it really costs
- ELFY charges 0.5% a year, versus an average of 0.63% for the similar funds below (2nd of 4, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $51 in the first year and $628 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| ELFY | $51 | $160 | $280 | $628 |
In a retirement portfolio
ELFY is a narrow, volatile theme fund with less than two years of history, so it fits better as a small add-on than as a foundation.
ELFY could add targeted exposure to power producers, grid builders, and the miners and pipelines behind them, spread evenly across about 100 names. Its history is short. It launched April 9, 2025, so it has no record through the 2008, 2020 or 2022 downturns and no full calendar year. Its deepest drop was 18.6%, from June 22 to October 23, 2026, and it had not recovered as of October 27, 2026. Its one-year volatility was 21.6% and its beta was 1.17, which means it swung more than the market. Anyone forced to sell during a slump like that would lock in losses. The trailing 12-month yield was 1.16% as of October 27, 2026, paid quarterly, so this is not an income fund. Under the SEC's standard example, costs on $10,000 are $51 in the first year. Past results don't predict future returns, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors wanting a small, evenly spread position in about 100 power, grid, uranium, copper and pipeline stocks, with no holding above 1.5% as of August 31, 2026.
- Cost-conscious buyers of themed funds: its 0.50% expense ratio is lower than RBLD's 0.65% and EMLP's 0.95%, though IFRA charges only 0.30%.
- Investors comfortable with bigger-than-market swings, such as the fund's 18.6% drop between June and October 2026 and its beta of 1.17.
Look elsewhere if
- Those wanting a long track record: ELFY launched in April 2025 and has no history through a full bear market or a complete calendar year.
- Investors seeking clean-energy-only exposure: the index includes thermal coal and oil and gas pipeline industries, with holdings such as Cheniere Energy, Targa Resources and ONEOK.
- Income seekers: the trailing yield was 1.16% as of October 27, 2026, paid quarterly. That is too little to be a main source of income.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
Net assets from each fund's latest N-PORT or annual report where available. Returns through Oct 27, 2026.Questions investors ask
What does ELFY invest in?
ELFY invests in US-listed stocks tied to electricity: utilities, power generators, grid and construction firms, electrical equipment makers, copper and uranium miners, and oil and gas pipeline companies. Each stock is equally weighted. The fund held 115 stocks as of August 31, 2026. The largest positions were Zebra Technologies (1.48%), Tetra Tech (1.21%), Cheniere Energy (1.13%), Trimble (1.12%) and Jacobs Solutions (1.10%). About 81% of assets were in US companies and 13% in Canadian companies.
What is the ELFY expense ratio?
ELFY's expense ratio is 0.50% a year, according to its prospectus filed March 30, 2026. All of it is management fee, and there is no fee waiver. That is below the 0.63% average of the similar funds RBLD, IFRA and EMLP, making ELFY the second cheapest of the four. In the SEC's standard example, $10,000 earning 5% a year would cost $51 after one year, $160 after three, $280 after five and $628 after ten.
ELFY vs RBLD: what's the difference?
The main differences are cost, size and recent returns. About 42% of their holdings overlap, based on the latest N-PORT reports. ELFY charges 0.50% a year, while First Trust Alerian US NextGen Infrastructure ETF (RBLD) charges 0.65%. RBLD returned 11.8% over the year to October 27, 2026, compared with 3.5% for ELFY. ELFY is larger, with $196 million in net assets as of August 31, 2026, versus $40.5 million for RBLD as of June 30, 2026. IFRA is worth comparing for cost, at 0.30%.
Does ELFY pay dividends?
Yes. ELFY pays dividends quarterly. Over the 12 months to October 27, 2026, it paid about $0.44 per share, a trailing yield of 1.16%. That is a modest payout. The fund's goal is to track an electrification index, not to produce income, so most of its potential return comes from changes in share price rather than from dividends. Investors who need steady, meaningful income would need other sources.
Is ELFY risky?
Yes, it has been more volatile than the broad market. As of October 27, 2026, its one-year volatility was 21.6% and its beta was 1.17, meaning it tended to swing more than the market. Its deepest drop, 18.6%, ran from June 22 to October 23, 2026, and the fund had not yet recovered. ELFY launched April 9, 2025, so it has not been through a full bear market. Its holdings lean on utilities, energy, materials and industrial stocks, which can fall together.