Global X Hydrogen ETF Investment Overview and Analysis

The Global X Hydrogen ETF is a unique investment opportunity that allows you to tap into the growing demand for hydrogen as a clean energy source.

This ETF tracks the Solactive Global Hydrogen Index, which is designed to provide exposure to companies involved in the hydrogen value chain.

The fund holds a diversified portfolio of 30-40 stocks, with a focus on companies that are driving innovation in hydrogen production, transportation, and storage.

Investing in the Global X Hydrogen ETF can provide a way to participate in the growth of the hydrogen industry, which is expected to expand rapidly in the coming years.

HYDR, short for the Global X Hydrogen ETF, is an investment fund that tracks the Solactive Global Hydrogen Index.

The fund's goal is to provide investment results that mirror the price and yield performance of the underlying index, before fees and expenses. This means that HYDR aims to offer exposure to companies that are driving the development and implementation of hydrogen technology.

Companies in the hydrogen space, as defined by the Index Provider Solactive AG, must derive at least 50% of their revenues, operating income, or assets from hydrogen-related business activities.

These activities include hydrogen production, fuel cells, hydrogen technology, and hydrogen integration.

To invest in the Global X Hydrogen ETF (HYGN), you'll need to have an account. You can buy shares in this ETF.

The Global X Hydrogen UCITS ETF (HYGN) seeks to invest in companies that stand to benefit from the advancement of the global hydrogen industry. This includes companies involved in hydrogen production, the integration of hydrogen into energy systems, and the development/manufacturing of hydrogen fuel cells, electrolyzers, and other technologies related to the utilization of hydrogen as an energy source.

The ETF has a leverage of 100%, which means it's designed to provide a magnified exposure to the underlying index. This can amplify both gains and losses, so it's essential to understand the risks involved.

The Solactive Global Hydrogen v2 Index is the underlying index for the Global X Hydrogen UCITS ETF (HYGN). This index is designed to provide exposure to companies that are positioned to benefit from further advances in the field of hydrogen technology.

Here's a breakdown of the countries with the largest weights in the ETF's portfolio:

The Global X Hydrogen ETF has some impressive performance figures. The 1-year return is 19.19%, which is a significant increase from the 1-week return of 1.67%.

The portfolio is heavily weighted towards DOOSAN FUEL CELL at 88.38%, with the remaining 11.62% spread across other securities.

Here's a breakdown of the performance figures:

The portfolio turnover rate is 0%, indicating that the fund holds its assets for a long time. This can help reduce expenses and increase after-tax returns.

The holdings in the Global X Hydrogen ETF are a diverse group of companies, with the top 10 holdings making up a significant portion of the fund. The largest holding is BNYREPOS at 27.00%.

The top 10 holdings in the fund are comprised of companies like BLOOM ENERGY CORP, NEL ASA, and PLUG POWER INC, which all have significant stakes in the hydrogen fuel cell industry.

The fund's holdings include Ballard Power Systems Inc, Ceres Power Holdings PLC, and ITM Power PLC, all of which are major players in the hydrogen fuel cell market.

Here is a list of the top 10 holdings in the Global X Hydrogen ETF:

The dividend yield of the fund is 0.83%, which is lower than the category high of 5.18% but higher than the category low of 0.00%.

Our holdings are a crucial part of our investment strategy, and it's interesting to see which companies we're backing.

The top 10 holdings in our portfolio are dominated by BNYREPOS with a significant 27% stake.

A closer look at the numbers reveals some other notable holdings, including Bloom Energy Corp, which takes up 14.28% of our portfolio.

We're also invested in Nel ASA, which makes up 13.44% of our holdings.

Plug Power Inc is another significant holding, taking up 8.55% of our portfolio.

Here are our top 10 holdings in detail:

When evaluating the dividend yield of a stock, it's essential to consider its percentage rank within its category. The HYDR stock has a dividend yield of 0.83%.

In the context of dividend yield analysis, a lower percentage rank indicates a higher dividend yield relative to other stocks in the same category. HYDR's 57.33% rank suggests it has a relatively high dividend yield compared to its peers.

To put HYDR's dividend yield into perspective, consider the category low and high percentages: 0.00% and 5.18% respectively. This means HYDR's dividend yield is significantly higher than the lowest and lower than the highest in its category.

Here's a summary of the key dividend yield metrics for HYDR:

The Global X Hydrogen ETF, also known as HYDR, is a passively managed Sector Equity Miscellaneous Sector exchange-traded fund (ETF) launched in 2021.

It invests at least 80% of its total assets in the securities of the Solactive Global Hydrogen Index, which provides exposure to companies benefiting from hydrogen technology advances.

The fund has a management team of four members with an average tenure of 3.38 years, which is relatively new compared to actively managed ETFs.

The ETF has a single primary benchmark, the Solactive Global Hydrogen USD index, which accounts for 100% of its portfolio.

The Global X Hydrogen ETF (HYDR) has several ETFs related to it. One of these ETFs is PBW, the Invesco WilderHill Clean Energy ETF, which has a correlation of 0.81 with HYDR over the past year.

The expense ratio of PBW is 0.61%, which is higher than HYDR's expense ratio of 0.50%. This may be something to consider when deciding between the two ETFs.

In terms of trading volume, PBW has an average daily volume of $9,489,709 over the past month, which is significantly higher than HYDR's average daily volume of $308,442.

Here are some other ETFs related to HYDR, along with their correlation and expense ratio:

These ETFs all have a correlation of 0.79 or higher with HYDR over the past year, making them good options for investors looking to diversify their portfolio.

The Global X Hydrogen ETF is a passively managed fund launched in 2021 by Global X Funds. It's designed to track the Solactive Global Hydrogen Index, providing exposure to companies that benefit from hydrogen technology.

The fund invests at least 80% of its assets in the securities of the index, as well as American Depositary Receipts and Global Depositary Receipts. This means it's heavily weighted towards hydrogen-related companies.

The management team behind the fund has an average tenure of 3.38 years, with four members joining in 2021 and 2022. This relatively short tenure may be a concern for some investors.

The ETF has a single primary benchmark, the Solactive Global Hydrogen USD index, which accounts for 100% of the fund's weighting. This focus on a single index is typical for passive index ETFs.

The top 10 holdings in the ETF's portfolio make up 77.0% of its assets, indicating a concentrated investment strategy. This concentration may increase the fund's risk profile.

The fund has a significant international presence, with 58.6% of its portfolio invested in foreign issues. This may be attractive to investors looking for global exposure.

The ETF is classified as a non-diversified fund, meeting the SEC's requirements. This means it's not required to diversify its holdings across different asset classes or industries.

The fund's bond allocation is 0.0%, indicating that it's focused solely on equity investments. This is in line with its sector equity classification.

The ETF has a trailing dividend yield of 0.42%, which is below the category average of 3.57%. This may be a consideration for income-seeking investors.

The fund normally distributes its dividend income semi-annually, providing regular income to shareholders.

The Global X Hydrogen ETF has received some disappointing grades, with a year-to-date return of -5.3% and a past year return of -27.5%. This translates to a grade of F.

The ETF has struggled to keep pace with its category, with a year-to-date return that's 6.7 percentage points worse than the average. This has resulted in a grade of F for the past year and past three years. The ETF's returns have been particularly weak over the past three years, with a return of -34.7%.

Here's a breakdown of the ETF's grades over the past few years:

The ETF's performance has been inconsistent, with some months showing a return of 1.8% and others a return of -5.3%. This volatility may be a concern for investors.

Grades are a crucial part of evaluating a fund's performance, and the Global X Hydrogen ETF is no exception. The ETF has received a grade of F for its year-to-date return, which is 6.7 percentage points worse than the category average.

The fund's performance has been consistently poor, with a grade of F over the past year and past three years. This is reflected in its returns, which have been -27.5% and -34.7% respectively. The Miscellaneous Sector Avg has been -1.2% and -14.4% over the same periods, showing the ETF's underperformance.

Here's a breakdown of the ETF's grades over the past few years:

The ETF's poor performance has resulted in a high risk rating, with a Category Risk Rating of High and a Total Risk Rating of High. This is reflected in its high beta of 1.96 and standard deviation of 47.2%.

Let's take a closer look at how funds are graded in terms of expenses and fees. The expense ratio for this fund is a relatively low 0.50%.

The category average expense ratio is a bit higher, at 0.86%. This means that this fund is actually below the average in this category.