HYDR

Global X Hydrogen ETF

HYDR tracks a modified market-cap-weighted index that provides global exposure to companies positioned to benefit from hydrogen economy.


Global

EQUITY

Rules-Based

MANAGEMENT STYLE

38.8 M

ASSETS UNDER MGMT

50 bp

EXPENSES
Fund Basics
Fund sponsorGlobal X
CategoryGlobal
Asset classEquity
Websitelink...
Inception dateJul 14, 2021
Assets (mns)$39
Expense ratio50 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsSemi-annual
Taxation1099
Stock selectionMarket Cap
WeightingTiered
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
BLOOM ENERGY CORPORATION CLASS A 19.8 %
PLUG POWER INC 11.5 %
DOOSAN FUEL CELL CO., LTD. 8.8 %
NEL ASA 8.7 %
FUELCELL ENERGY, INC. 7.6 %
BALLARD POWER SYSTEMS INC 4.3 %
AFC ENERGY PLC 4.0 %
ILJIN HYSOLUS CO., LTD. 3.8 %
POWERCELL SWEDEN AB 3.6 %
CERES POWER HOLDINGS PLC 3.6 %
Constituent Breakdown
Number of holdings26
Herfindahl-Hirschman Index 871
Wgt avg mkt cap (mns)$10,463
Large cap (>$10bn)8.3%
Mid cap ($2-10bn)38.0%
Small cap (<$2bn)51.2%
Developed mkts.92.5%
Emerging mkts.7.5%
Country Exposure
UNITED STATES 43.6 %
SOUTH KOREA 13.2 %
NORWAY 12.5 %
BRITAIN 11.9 %
CANADA 4.8 %
SWEDEN 3.7 %
GERMANY 3.5 %
DENMARK 3.1 %
JAPAN 1.6 %
CHINA 1.6 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns -28.1% -23.9% -36.0% -41.2% -- -- -37.5%
Volatility 38.0% 40.2% 39.3% 45.3% -- -- --
Market Correlations
versus...BetaR-squared
S&P 5001.7740%
MSCI EAFE1.8744%
MSCI Emg Mkts1.5429%
Liquidity Measures
Avg. volume (000)36
Turnover2.3%
Avg. Bid/Ask (% of price)0.71%
ADV of underlying (mns)$1,680
Technical Indicators
Recent close$24.39
30d moving avg.$23.21
Annualized volatility49.4%
Relative strength (RSI)41
Short interest (ETF)1.4%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

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Comparable ETFs Based on Overlap
Ticker Fund Name Overlap
vs. HYDR
Expenses
vs. HYDR
ALTAR Score™
vs. HYDR
HDRO Defiance Next Gen H2 ETF   68.6%   -20 bp -0.1%
CTEC Global X CleanTech ETF   19.5%   0 bp +13.9%
CNRG SPDR S&P Kensho Clean Power ETF   10.7%   -5 bp +13.9%
Risk and Returns: HYDR vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
1.2 -24.7 1.6 0.6% --
Based on closing prices from 12/4/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
HYDR



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

AVOID

Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.

ALTAR Score™

HYDR

-11.5%

Cat. Avg

4.0%


ALTAR Score™ Calculation

Category Overview
There are 377 funds in the Global Equity category, with an average ALTAR Score™ of 4.0% and a standard deviation of 4.7%. HYDR's ALTAR Score™ is approximately 3.3 standard deviations below the category average. This places HYDR in the 1st percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

HYDR
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
Global Equity ETFs
# of ETFs 191
Avg. Expense Ratio 55.4 bp
Std. Deviation 17.5 bp
HYDR (50 bp) Percentile rank 39
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
HYDR 50.0 71.2 121.2
Peer Avg. 57.1 40.0 97.1
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .