HYDR

Global X Hydrogen ETF

$39.87

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Global X Hydrogen ETF (HYDR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Hydrogen Index.

Overview

ETF tracking Global X Hydrogen ETF

Category International

Issuer Other

Inception Date 2021-07-14

Market Cap $60.2M

Average Volume N/A

Dividend Yield 0.89%

52-Week Range $15.45 - $46.57

VWAP $40.32

Performance

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Investment Summary

📎 Investment Objective

The Global X Hydrogen ETF (HYDR) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Hydrogen Index.

🎯 Investment Strategy

The ETF invests in companies that are positioned to benefit from the advancement of the global hydrogen industry, including those involved in hydrogen production, storage, transportation, and fuel cell technologies.

✨ Key Features

Provides exposure to the global hydrogen industry, a rapidly growing sector with potential for long-term growth
Diversified portfolio of companies across the hydrogen value chain
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Sector concentration risk, as the fund is focused on the hydrogen industry
Volatility risk, as the hydrogen industry is still developing and may experience significant price swings
Liquidity risk, as the fund is relatively new and may have lower trading volume
Lack of long-term performance history to evaluate the fund's track record

👤 Best For

The Global X Hydrogen ETF may be suitable for investors with a long-term investment horizon who are looking to gain exposure to the growing global hydrogen industry and are willing to accept the higher volatility and risks associated with a sector-focused fund.