HDRO Defiance Next Gen H2 ETF
What is HDRO?
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 Summary Data
Peers
Fund Flows
HDRO Portfolio Data
HDRO Index Data
HDRO Portfolio Management
HDRO Tax Exposures
HDRO Fund Structure
Factset Analytics Block Liquidity
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
HDRO Sector/Industry Breakdown
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HDRO Top 10 Holdings
HDRO Performance Statistics
HDRO Countries
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HDRO Regions
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HDRO Economic Development
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HDRO Benchmark Comparison Summary
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HDRO Benchmark Comparison Market Cap Size
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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.