HYDRGlobal X Hydrogen ETF
HYDR Fund Description
HYDR tracks a modified market-cap-weighted index that provides global exposure to companies positioned to benefit from hydrogen economy.
HYDR Factset Analytics Insight
HYDR is one of the few ETFs that capture the global hydrogen-based energy industry. It focuses on four segments of hydrogen economy: production, fuel cells, technology, and integration. The index uses a proprietary natural language processing (NLP) algorithm on public filings to score eligible companies for revenue-based thematic exposure. Companies are then divided into three buckets: pure-play, pre-revenue, and diversified. The index aims to hold a concentrated portfolio of up to 40 pure-play stocks. In the event that there are fewer than 25 pure-play companies, pre-revenue and diversified companies may be included until the holdings count reach 25. Holdings are market-cap-weighted, with single security weights capped at 12% (2% for pre-revenue or diversified). In addition, total weight allocation to diversified and pre-revenue companies cannot exceed 10%. The index is rebalanced semi-annually.
HYDR MSCI ESG Analytics Insight
Global X Hydrogen ETF has an MSCI ESG Fund Rating of undefined based on a score of 7.78 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X Hydrogen ETF ranks in the 83th percentile within its peer group and in the 61st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HYDR Summary Data
HYDR Portfolio Data
HYDR Index Data
HYDR Portfolio Management
HYDR Tax Exposures
HYDR Fund Structure
HYDR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HYDR. HYDR is rated a N/A out of 5.
HYDR Performance Statistics
HYDR MSCI ESG Ratings
HYDR Benchmark Comparison Summary
HYDR Benchmark Comparison Market Cap Size
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.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.