US Electricity Demand to Grow at Fastest Rate in Decades, Driving Grid Infrastructure ETF Demand

The ALPS Electrification Infrastructure ETF (ELFY) has attracted $79.9 million in the past six months, driven by the expected 8% growth in US electricity demand through 2029, driven by AI data centers, manufacturing reshoring, and electric vehicle infrastructure expansion. The fund tracks an index of large- and midcap companies benefiting from electrification, with holdings equally weighted across the portfolio. ELFY is up 2.5% over the past three months and charges a 0.27% expense ratio.