HDRO

Defiance Next Gen H2 ETF
*Unless otherwise stated, data provided by FactSet.

HDRO Fund Description

HDRO tracks a modified market-cap-weighted index that targets globally-listed firms in the hydrogen and fuel cell segment.

HDRO Factset Analytics Insight

HDRO is one of the first ETFs that capture the global hydrogen-based energy industry. The fund mainly focuses on pure-play companies—those that derive at least 50% of their revenue from hydrogen-based energy sources and fuel cell technologies. HDRO selects stocks by market-cap to construct its narrow portfolio, holding at least 25 constituents. In the event that fewer than 25 eligible pure-play stocks are included, non-pure-play companies, excluding vehicle manufacturers, may be selected. Holdings are weighted in tiers—first by market-cap, with a minimum aggregate weight of 85% for pure-play companies and a single security weight cap of 10% (4% for industrial gas). Weights are then adjusted using a liquidity overlay. The index is reconstituted and rebalanced quarterly.

HDRO MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HDRO 1.47% -14.57% -- -- -- -- --
HDRO (NAV) 1.53% -12.70% -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HDRO Summary Data

Defiance ETFs
Defiance
03/09/21
Open-Ended Fund
0.30%
$40.66M
$686.61K
0.20%

HDRO Portfolio Data

$10.15B
-11.71
4.74
--
N/A
25

HDRO Index Data

BlueStar Hydrogen & NextGen Fuel Cell Index
Tiered
Market Cap
N/A

HDRO Portfolio Management

0.30%
--
--
--

HDRO Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

HDRO Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

HDRO Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of HDRO. HDRO is rated a 1 out of 5.

HDRO Tradability

32,836
$686.61K
26,067
$551.59K
0.20%
$0.04
0.20%
2.52% / -1.00%
None
42.00%
50,000
0.52
0.05%
2.27%
4
$20.61
1

HDRO Top 10 Holdings[View All]

7.49%
6.18%
5.92%
5.59%
4.67%
4.52%
63.69%

HDRO Countries


HDRO
Segment Benchmark
30.65%
--
17.66%
--
14.97%
--
10.83%
--
8.79%
--
8.23%
--
4.20%
--
2.65%
--
2.01%
--

HDRO Regions


HDRO
Segment Benchmark
48.28%
--
41.48%
--
8.23%
--
2.01%
--

HDRO Economic Development


HDRO
Segment Benchmark
100.00%
--

HDRO Performance Statistics

--
--
--
--
0.00%
N/A

HDRO Benchmark Comparison Holdings

25
--
--
0.00%

HDRO Benchmark Comparison Summary


HDRO
Segment Benchmark
25
--
$10.15B
--
-11.71
--
4.74
--
0.07%
--
High
High

HDRO Benchmark Comparison Market Cap Size


HDRO
Segment Benchmark
14.01%
--
29.38%
--
17.33%
--
39.29%
--

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.