ch en false false
UCTHDRO VanEck Hydrogen Economy UCITS ETF Please read important disclosure Close important disclosure true
Marketing Communication
HDRO

Hydrogen ETF
VanEck Hydrogen Economy UCITS ETF

Marketing Communication
HDRO

Hydrogen ETF
VanEck Hydrogen Economy UCITS ETF

ISIN: IE00BMDH1538 copy-icon
Security-No: 110644309 copy-icon

Fund Description

Contribute to a zero-carbon future by investing in the VanEck Hydrogen Economy UCITS ETF. As the use and development of hydrogen accelerates, its emerging ecosystem looks set for growth, with a similar investment profile to early-stage technology sectors.

  • NAV
    $5.40

    as of 08 Nov 2024
  • YTD RETURNS
    -31.87%

    as of 08 Nov 2024
  • Total Net Assets
    $61.8 million

    as of 08 Nov 2024
  • Total Expense Ratio
    0.55%
  • Inception Date
    26 Mar 2021
  • SFDR Classification
    Article 9

Overview

Fund Description

Contribute to a zero-carbon future by investing in the VanEck Hydrogen Economy UCITS ETF. As the use and development of hydrogen accelerates, its emerging ecosystem looks set for growth, with a similar investment profile to early-stage technology sectors.

  • Hydrogen is increasingly viewed as a key replacement for fossil fuels in a zero-carbon future
  • Large-scale support from governments across the world
  • Dynamic ETF, delivering access to hydrogen innovation leaders globally, reviewed every quarter
  • Tracks highly liquid hydrogen companies, based on market capitalization and trading volume
  • Stocks must derive at least 50% of revenues from the hydrogen economy (exceptions possible)
  • Excludes companies that severely violate UN Global Compact Principles or derive any revenue from Controversial Weapons according to ISS data.
  • Excludes companies that derive more than 5% of their revenue from sectors including, but not limited to Thermal Coal, Fossil Fuels, Oil Sands, Nuclear Power, Civilian Firearms, Military Equipment and Tobacco.


Risk Factors: Equity Market Risk, Liquidity Risks, Limited Diversification Risk, Risk of Investing in Smaller Companies, Risk of Investing in the Energy Sector, Foreign Currency Risk



Underlying Index

MVIS Global Hydrogen Economy ESG Index (MVHTWOTR)

Fund Highlights

  • Hydrogen is increasingly viewed as a key replacement for fossil fuels in a zero-carbon future
  • Large-scale support from governments across the world
  • Dynamic ETF, delivering access to hydrogen innovation leaders globally, reviewed every quarter
  • Tracks highly liquid hydrogen companies, based on market capitalization and trading volume
  • Stocks must derive at least 50% of revenues from the hydrogen economy (exceptions possible)
  • Excludes companies that severely violate UN Global Compact Principles or derive any revenue from Controversial Weapons according to ISS data.
  • Excludes companies that derive more than 5% of their revenue from sectors including, but not limited to Thermal Coal, Fossil Fuels, Oil Sands, Nuclear Power, Civilian Firearms, Military Equipment and Tobacco.


Risk Factors: Equity Market Risk, Liquidity Risks, Limited Diversification Risk, Risk of Investing in Smaller Companies, Risk of Investing in the Energy Sector, Foreign Currency Risk



Underlying Index

MVIS Global Hydrogen Economy ESG Index (MVHTWOTR)

Capital Markets

VanEck partners with esteemed market makers to ensure the availability of our products for trading on the mentioned stock exchanges. Our Capital Markets team is committed to continuously monitoring and assessing spreads, sizes, and prices to ensure optimal trading conditions for our clients. Furthermore, VanEck ETFs are available on various trading platforms, and we collaborate with a wider range of reputable Authorized Participants (APs) to promote an efficient and fair trading environment. For more information about our APs and to contact our Capital Markets team, please visit factsheet capital markets.pdf.

Performance

Holdings

Portfolio

Documents

Publications

Index

Index Description

The MVIS Global Hydrogen Economy ESG Index tracks the overall performance of the global hydrogen segment and also considers fuel cell companies and industrial gases companies to a certain extent.

Index Key Points

Underlying Index
MVIS® Global Hydrogen Economy ESG Index (MVHTWOTR)

Index Composition

The modified market cap-weighted index tracks the performance of the global hydrogen segment and also considers fuel cell companies and industrial gases companies to a certain extend. The index includes mainly companies with at least 50% (25% for current components) of their revenues from hydrogen projects or projects that have the potential to generate at least 50% of their revenues from the hydrogen industry when developed. Due to the lack of pure-play companies in the global hydrogen segment, the index will also considers companies with at least 50% (25% for current components) of their revenues from fuel cells or industrial gases projects or projects that have the potential to generate at least 50% of their revenues from the fuel cell industry or the industrial gases industry.

Companies initially eligible for inclusion in Index

  • Companies have to generate at least 50% revenues from the hydrogen economy (exceptions possible)
  • Market cap exceeding $150 million
  • At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews
  • Individual company weights are capped at 10%
  • Companies with very severe social norms violations, or that have greater than 0% revenue exposure to controversial weapons, or that exceed certain thresholds of revenue exposure to various sectors including but not limited to civilian firearms, tobacco, and energy extractives are not eligible for inclusion.
  • Companies that are not covered by ISS or for which relevant data fields are not collected by ISS may be eligible for inclusion. For more details on the screening, please refer to the Index Methodology below.

 

Download Index Methodology

Awards

Main Risks

Main Risk Factors of

While the diversification in a multi-asset strategy reduces risk, it is important to remember that all investments carry some risk. The Multi-Asset Funds by VanEck are subject to the four risks below:

Icon

Exists when a particular financial instrument is difficult to purchase or sell. If the relevant market is illiquid, it may not be possible to initiate a transaction or liquidate a position at an advantageous or reasonable price, or at all.

Icon

The Fund may invest a relatively high percentage of its assets in a smaller number of issuers or may invest a larger proportion of its assets in a single issuer. As a result, the gains and losses on a single investment may have a greater impact on the Fund's Net Asset Value and may make the Fund more volatile than more diversified funds.

Icon

The securities of smaller companies may be more volatile and less liquid than the securities of large companies. Smaller companies, when compared with larger companies, may have a shorter history of operations, fewer financial resources, less competitive strength, may have a less diversified product line, may be more susceptible to market pressure and may have a smaller market for their securities.