What is HDRO?

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

PERFORMANCE [as of 03/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HDRO -13.60% -2.68% -0.81% -44.82% -- -- --
HDRO (NAV) -13.72% -2.60% -1.44% -45.10% -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 Summary Data

Defiance ETFs
03/09/21
0.30%
$37.42M
BlueStar Hydrogen & NextGen Fuel Cell Index
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

-$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days

HDRO Portfolio Data

$13.44B
-24.06
2.84
0.04%
N/A
27

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
High
Daily

Factset Analytics Block Liquidity

As of 03/21/23

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

21,422
$229.75K
19,157
$206.69K
0.44%
$0.05
0.26%
2.09% / -1.98%
None
48.65%
50,000
0.38
0.05%
0.91%
193
$9.23
1

HDRO Sector/Industry Breakdown

HDRO Segment
Benchmark
37.91% --
30.32% --
19.85% --
5.92% --
4.66% --
0.65% --
0.49% --
0.20% --

HDRO Top 10 Holdings

6.34%
6.19%
5.92%
5.90%
5.68%
5.35%
4.66%
58.52%

HDRO Performance Statistics

--
--
--
--
--
N/A

HDRO Countries

HDRO Segment
Benchmark
31.91% --
19.05% --
12.14% --
7.61% --
6.84% --
6.61% --
6.09% --
4.09% --
4.09% --
1.02% --

HDRO Regions

HDRO Segment
Benchmark
40.87% --
38.53% --
20.08% --

HDRO Economic Development

HDRO Segment
Benchmark
99.47% --
0.00% --

HDRO Benchmark Comparison Holdings

27
--
--
--

HDRO Benchmark Comparison Summary

HDRO Segment
Benchmark
27 --
$13.44B --
-24.06 --
2.84 --
0.27% --
High --

HDRO Benchmark Comparison Market Cap Size

HDRO Segment
Benchmark
10.85% --
16.19% --
49.22% --
23.05% --

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.