Global X Hydrogen Etf Profile

HYDR Etf  USD 23.05  0.45  1.99%   

Performance

0 of 100

 
Weak
 
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Odds Of Distress

Less than 9

 
High
 
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Low
Global X is selling at 23.05 as of the 12th of October 2024; that is 1.99 percent increase since the beginning of the trading day. The etf's lowest day price was 22.55. Global X has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Global X Hydrogen are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2022 and ending today, the 12th of October 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets, plus borrowings for investments purposes , in the securities of the index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the index. Gx Hydrogen is traded on NASDAQ Exchange in the United States.. More on Global X Hydrogen

Moving together with Global Etf

  0.63QCLN First Trust NASDAQPairCorr
  0.63DRIV Global X AutonomousPairCorr

Moving against Global Etf

  0.73DSJA DSJAPairCorr
  0.62RSPY Tuttle Capital ManagementPairCorr
  0.48MEME Roundhill InvestmentsPairCorr
  0.37ICLN iShares Global CleanPairCorr

Global Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, Horizons Global Hydrogen Index ETF, Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro]
Business ConcentrationSector ETFs, Energy ETFs, Miscellaneous Sector, Global X Funds (View all Sectors)
IssuerGlobal X
Inception Date2021-07-12
BenchmarkSolactive Global Hydrogen Index
Entity TypeRegulated Investment Company
Asset Under Management38.44 Million
Asset TypeEquity
CategorySector
FocusEnergy
Market ConcentrationBlended Development
RegionGlobal
AdministratorGlobal X Management Company LLC
AdvisorGlobal X Management Company LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerJohn Belanger, Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Nov
ExchangeNASDAQ
Number of Constituents29.0
Market MakerGTS
Country NameUSA
Returns Y T D(34.59)
NameGlobal X Hydrogen ETF
Currency CodeUSD
Open FigiBBG011RVBZ53
In Threey Volatility49.38
1y Volatility47.37
200 Day M A27.582
50 Day M A24.1085
CodeHYDR
Updated At11th of October 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.8)
TypeETF
Global X Hydrogen [HYDR] is traded in USA and was established 2021-07-12. The fund is listed under Miscellaneous Sector category and is part of Global X Funds family. The entity is thematically classified as Sector ETFs. Global X Hydrogen currently have 33.14 M in assets under management (AUM). , while the total return for the last 3 years was -40.3%.
Check Global X Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global X Hydrogen Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Global X Hydrogen Currency Exposure

Global X Hydrogen holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Global X Hydrogen.

Top Global X Hydrogen Etf Constituents

000150DoosanStockIndustrials
ITMITM PowerStockIndustrials
HYHyster Yale Materials HandlingStockIndustrials
APDAir Products andStockMaterials
OPMOPmobility SEStockFR Stock
BEBloom Energy CorpStockIndustrials
336260Doosan Fuel CellStockElectrical Equipment & Parts
PCELLPowercell SwedenStockElectronic Components
More Details

Global X Top Holders

KGGAXKopernik Global All CapMutual FundForeign Small/Mid Value
KGGIXKopernik Global All CapMutual FundForeign Small/Mid Value
More Details

Global X Hydrogen Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Global X Against Markets

When determining whether Global X Hydrogen is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Hydrogen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
The market value of Global X Hydrogen is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.