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HDRO
VanEck Hydrogen Economy UCITS ETF

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)

How to Buy

Fund Details
 

  • Fund Ticker

    HDRO

  • Management Company

    VanEck Asset Management B.V.

  • Custodian

    State Street Custodial Services (Ireland) Limited

  • Domicile

    Ireland

  • UCITS Compliant

    Yes

  • Index Ticker

    MVHTWOTR

  • Index Provider

    MarketVector Indexes

  • Rebalance Frequency

    Quarterly
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 01 Jun 2023

  • NAV1

    9.14

  • Shares Outstanding

    10,950,000

  • Number of Holdings

    26

  • Base Currency

    USD

  • Net Assets

    $100.0M

  • Product Structure

    Physical (Full Replication)

  • Income Treatment

    Reinvestment

  • Distribution Frequency

    None

  • Total Expense Ratio

    0.55%

  • Minimum Equity Ratio (Mindestaktienquote)

    51%

  • SFDR Classification

    Article 9
  • Fact Sheet
  • VanEck Product List
  • Fund Holiday Calendar

Trading Information as of 01 Jun 2023

Deutsche
Börse
EUR
Exchange Ticker HDR0
ISIN IE00BMDH1538
SEDOL BMTR7Z9
Bloomberg HDR0 GY
Reuters (RIC) HDR0.DE
Valor 110644309
Bloomberg iNAV HDROEUIV
Reuters iNAV HDROEURINAV=IHSM
WKN A2QMWR
Trading Currency EUR
Last Traded Price 8.48
Day's Move 0
Volume 14,379
30 Day Volume 11,620
VWAP Volume 14,379

NAVs as of 01 Jun 2023

Base
Currency 		NAV Daily
Change
NAV 		YTD
Change
NAV 		NAV Price
History 		Total
Expense
Ratio
HDRO USD $9.14 $0.09 / +1.00% -13.05%
0.55

Performance History* (%)

View All ETFs View All Indices
  1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF -7.91 -21.17 -6.37 -27.46 -- -- -- -29.99
MVHTWOTR (Index) -7.89 -21.08 -6.20 -27.24 -- -- -- -29.79
Performance differential (ETF – Index) -0.02 -0.09 -0.17 -0.22 -- -- -- -0.20
  1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF -7.26 1.67 1.67 -33.49 -- -- -- -28.12
MVHTWOTR (Index) -7.23 1.83 1.83 -33.29 -- -- -- -27.91
Performance differential (ETF – Index) -0.03 -0.16 -0.16 -0.20 -- -- -- -0.21
  2018 2019 2020 2021 2022
ETF -- -- -- -- -38.77
MVHTWOTR (Index) -- -- -- -19.94 -38.62

Past performance does not predict future returns.

ETF returns not available if there is less than one year’s performance data.

*Periods greater than one year are annualised.

Investing is subject to risk, including the possible loss of principal. You must read the Prospectus and

KID

before investing, which are available at the Document section of the fund on www.vaneck.com.

ETF performance: Current performance may be lower or higher than average annual returns shown. Discrete performance shows 12-month performance for each of the last 10 years where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd year' shows the previous 12 month period and so on.

Performance data for the Irish domiciled ETFs is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply.

Returns may increase or decrease as a result of currency fluctuations.

Index performance: Performance quoted represents past performance of the underlying Index. An index performance is not illustrative of the Product's performance. It is not possible to invest directly in an index: indices are not securities in which investments can be made.
For more information on the Index performance, please consult the Index Provider´s website.

MVIS® Global Hydrogen Economy ESG Index is the exclusive property of MarketVector Indexes GmbH (a wholly owned subsidiary of Van Eck Associates Corporation), which has contracted with Solactive AG to maintain and calculate the Index. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards MarketVector Indexes GmbH (“MarketVector”), Solactive AG has no obligation to point out errors in the Index to third parties. The VanEck Hydrogen Economy UCITS ETF is not sponsored, endorsed, sold or promoted by MarketVector and MarketVector makes no representation regarding the advisability of investing in the Fund.

Market Makers

Top 10 Holdings (%) as of 30 Apr 2023 View All Holdings »

Total Holdings: 26
Swipe<br>to view <br> full data
Holding Name
Ticker
 Shares Market Value
(USD) 		% of Net
Assets
NEL ASA NEL NO 8,729,625 11,925,450 11.17
AIR LIQUIDE SA AI FP 62,501 11,259,601 10.55
LINDE PLC LIN US 27,694 10,231,548 9.58
AIR PRODUCTS AND CHEMICALS INC APD US 33,887 9,974,977 9.34
MITSUBISHI CHEMICAL HOLDINGS CORP 4188 JP 1,663,500 9,706,244 9.09
BLOOM ENERGY CORP BE US 549,939 9,156,484 8.58
PLUG POWER INC PLUG US 891,556 8,050,751 7.54
BALLARD POWER SYSTEMS INC BLDP US 1,705,063 7,536,378 7.06
DOOSAN FUEL CELL CO LTD 336260 KS 259,762 5,803,111 5.44
CERES POWER HOLDINGS PLC CWR LN 814,384 3,576,457 3.35
Top 10 Total (%) 81.70
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 30 Apr 2023

  • Country

    % of Net Assets
  • ■

    United States

    28.49
  • ■

    United Kingdom

    16.70
  • ■

    France

    12.21
  • ■

    Norway

    12.16
  • ■

    Japan

    9.09
  • ■

    South Korea

    8.16
  • ■

    Canada

    7.84
  • ■

    Sweden

    2.74
  • ■

    Germany

    2.45
  • ■

    Other/Cash

    0.15

Currency Exposure (%)
as of 30 Apr 2023

  • U.S. Dollar

    45.14

  • Euro

    14.66

  • Norwegian Krone

    12.16

  • Japanese Yen

    9.09

  • South Korean Won

    8.16

  • British Pound

    7.12

  • Swedish Krona

    2.74

  • Canadian Dollar

    0.78

  • Other/Cash

    0.15

Sector Weightings (%) as of 30 Apr 2023

  • Sector

    % of Net Assets
  • ■

    Industrials

    59.0
  • ■

    Materials

    38.6
  • ■

    Consumer Discretionary

    1.5
  • ■

    Consumer Staples

    0.3
  • ■

    n/a

    0.5
  • ■

    Other/Cash

    0.2

Technology

Sustainable

Crypto

Metal

Real Estate

Dividend

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