ELFY Rebalances: See Moves in Key AI Trend ETF

ETF Building Blocks Content Hub ELFY Rebalances: See Moves in Key AI Trend ETF Nick Peters-Golden September 21, 2026 It’s rebalance season for the ETF world, with the latest moves coming for the ALPS Electrification Infrastructure ETF (ELFY) . The electrification ETF made some notable drops and additions, while also naming a new number one holding by weight. That underscores the continued appeal that electrification has as an AI-related infrastructure play, and for ELFY as a potential AI trend ETF. Key Takeaways: ELFY recently dropped and added a few names in its index rebalance. The electrification ETF also plays a role as an AI trend ETF thanks to its investment in data center infrastructure. The fund has performed reasonably well YTD, returning 12.3% in that time. ELFY charges a 50 basis point fee to track the Ladenburg Thalmann Electrification Infrastructure Index. The rebalance, which occurred on September 18, saw the electrification ETF add two new names and remove five. The changes added X-Energy, Inc. (XE) at a 0.9% weight and Core Natural Resources, Inc. (CNR) at a 0.83% weight. Meanwhile, the index dropped a few names, like NuScale Power Corp. (SMR) , Primoris Services Corp. (PRIM) , Energy Fuels Inc. (UUUU) , Plug Power, Inc. (PLUG) , and QuantumScape Corporations (QS) . Together, the addition of two firms and dropping of five from the index list brings the total list of constituents to 112 names. Weight Fluctuations In terms of weighting shifts, Forgent Power Solutions (FPS) saw the biggest jump, up 0.5% overall from 0.65% to 1.22%. That lifted the firm to the number one spot by weight in the index. Vicor Corp (VICR) saw the second biggest jump, up from 0.7% to 1.1%, the new second-largest weighted holding. Meanwhile, Zebra Technologies Corp. (ZBRA) dropped from the top place, falling by 0.3% in the index’s weightings. Tetra Tech, Inc. (TTEK) , the second-largest holding, fell by about the same, as well. FPS has a specific focus on powering data centers, while VICR makes power modules, a component for semi conductor power. ZBRA, meanwhile, specializes in “data capture,” while TTEK focuses on construction and consulting. See more: OUSM ETF Rebalances: Highlighting Quality Factor Shifts Together, the fund’s moves speak to its potential as an AI trend ETF. ELFY has returned 12.3% YTD. With electrification demands to serve data centers growing, and the economy overall looking to electrify, ELFY can appeal. For more news, information, and strategy, visit the ETF Building Blocks Content Hub . VettaFi LLC (“VettaFi”) is the index provider for ELFY, for which it receives an index licensing fee. However, ELFY is not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of ELFY. RELATED TOPICS ALPS CNR electrification ETF ELFY ETF - Exchange Traded Funds ETF Building Blocks Content Hub FPS PLUS PRIM QS Earn free CE credits and discover new strategies