HYDRGlobal X Hydrogen ETF

Grow my money4y track recordRanked #1,133 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Hydrogen Index.

By Global X Funds · Launched 2021

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$168M

#2,438 of 5,562 · mid-size

Return (1Y)Goal

+177.7%

Track Record

4 years

#2,429 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$27,235+172.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Industrials

Focus

Clean Energy

Index tracked

Solactive Global Hydrogen Index

What it actually holds

By weight

Concentration

Top 10 holdings = 84.1% of fundconcentrated

BNYREPOS

19.2%

BLOOM ENERGY CORPORATION

11.5%

Doosan Fuel Cell Co., Ltd.

11.3%

PLUG POWER INC.

10.7%

BALLARD POWER SYSTEMS INC.

8.0%

Jiangsu Guofu Hydrogen Energy Equipment Co Ltd

5.0%

ITM POWER PLC

4.9%

CERES POWER HOLDINGS PLC

4.7%

Powercell Sweden AB (publ)

4.5%

FUELCELL ENERGY, INC.

4.3%

Asset allocation

Stocks

99.3%

Cash

0.7%

By sector

Industrials

88.8%

Technology

5.9%

Consumer Cyclical

3.0%

Basic Materials

2.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

55.1%High

Year-on-year price swings

Max drawdown

-89.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.27Below average

Sortino (3Y)

0.41Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Hydrogen Index.
Strategy: Invests primarily in securities of the Solactive Global Hydrogen Index and in ADRs and GDRs based on those securities. The Underlying Index targets companies benefiting from hydrogen technology, including production, fuel cells, and infrastructure. The Fund uses a replication strategy to match the Underlying Index's performance, with a correlation expectation exceeding 95%.
Inception date: July 12, 2021
Fund family: Global X Funds