Let me explain. Let's say I have a Lightning Rod Ninjask in Balanced Hackmons. It uses Electrify on an opponent who uses Stealth Rock. Would Lightning Rod draw it in? Also, what about Toxic?
I ran a test on Pokemon Showdown. It turns out moves such as Stealth Rock that don't directly affect the target are not Electrified, while ones that do, such as Toxic and attacking moves, are Electrified and absorbed by Lightning Rod.