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.

PERFORMANCE [as of 09/30/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HDRO -28.40% -17.20% -52.41% -53.57% -- -- --
HDRO (NAV) -27.73% -15.91% -51.78% -53.07% -- -- --
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%
$38.06M
$753.84K
0.38%

HDRO Portfolio Data

$12.66B
-25.95
2.81
0.04%
N/A
26

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
Medium
Daily

HDRO Factset Analytics Block Liquidity

As of 10/03/22
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

61,361
$753.84K
46,628
$548.67K
0.38%
$0.05
0.09%
2.45% / -1.98%
None
53.94%
50,000
0.93
0.05%
1.63%
1,331
$9.21
1

HDRO Sector/Industry Breakdown


HDRO
Segment Benchmark
39.47%
--
37.24%
--
13.62%
--
5.15%
--
4.21%
--
0.34%
--
-0.02%
--

HDRO Top 10 Holdings[View All]

6.76%
6.61%
5.98%
4.76%
Linde plc 4.74%
62.38%

HDRO Countries


HDRO
Segment Benchmark
32.81%
--
16.58%
--
11.94%
--
9.68%
--
8.25%
--
7.61%
--
7.55%
--
4.95%
--
0.44%
--

HDRO Regions


HDRO
Segment Benchmark
42.49%
--
40.30%
--
16.58%
--
0.44%
--

HDRO Economic Development


HDRO
Segment Benchmark
99.81%
--
0.00%
--

HDRO Performance Statistics

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

HDRO Benchmark Comparison Holdings

26
--
--
--

HDRO Benchmark Comparison Summary


HDRO
Segment Benchmark
26
--
$12.66B
--
-25.95
--
2.81
--
0.28%
--
High
--

HDRO Benchmark Comparison Market Cap Size


HDRO
Segment Benchmark
23.02%
--
7.71%
--
41.69%
--
27.21%
--

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.