HDROVanEck 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
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
2The date the fund was launched prior to quotation on the stock exchange.
as of 08 Feb 2023
-
NAV1
12.34 -
Shares Outstanding
10,100,000 -
Number of Holdings
26 -
Base Currency
USD -
Net Assets
$124.6M -
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 08 Feb 2023
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 | 11.57 |
Day's Move | 0.15 |
Volume | 19,447 |
30 Day Volume | 29,439 |
VWAP Volume | 19,447 |
Performance History* (%)
1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | 5 YR | 10 YR | ETF INCEPTION | |
---|---|---|---|---|---|---|---|---|
ETF | 18.77 | 22.13 | 18.77 | -11.64 | -- | -- | -- | -24.05 |
MVHTWOTR (Index) | 18.85 | 22.24 | 18.85 | -11.40 | -- | -- | -- | -23.85 |
Performance differential (ETF – Index) | -0.08 | -0.11 | -0.08 | -0.24 | -- | -- | -- | -0.20 |
1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | 5 YR | 10 YR | ETF INCEPTION | |
---|---|---|---|---|---|---|---|---|
ETF | -8.18 | 2.85 | -38.77 | -38.77 | -- | -- | -- | -32.00 |
MVHTWOTR (Index) | -8.26 | 2.62 | -38.62 | -38.62 | -- | -- | -- | -31.63 |
Performance differential (ETF – Index) | 0.08 | 0.23 | -0.15 | -0.15 | -- | -- | -- | -0.37 |
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
ETF | -- | -- | -- | -- | -38.77 |
MVHTWOTR (Index) | -- | -- | -- | -19.94 | -38.62 |
Market Makers
Authorised Participants
Registered Countries
Top 10 Holdings (%) as of 31 Jan 2023 View All Holdings »
Holding Name |
Ticker
|
Shares |
Market Value (USD) |
% of Net Assets |
---|---|---|---|---|
PLUG POWER INC | PLUG US | 803,346 | 13,672,949 | 10.96 |
BLOOM ENERGY CORP | BE US | 548,392 | 13,671,413 | 10.95 |
NEL ASA | NEL NO | 7,640,866 | 12,974,153 | 10.40 |
BALLARD POWER SYSTEMS INC | BLDP US | 1,585,370 | 10,352,466 | 8.29 |
AIR LIQUIDE SA | AI FP | 60,602 | 9,613,201 | 7.70 |
MITSUBISHI CHEMICAL HOLDINGS CORP | 4188 JP | 1,665,600 | 9,299,797 | 7.45 |
AIR PRODUCTS AND CHEMICALS INC | APD US | 27,859 | 8,929,088 | 7.15 |
LINDE PLC | LIN US | 26,529 | 8,779,507 | 7.03 |
DOOSAN FUEL CELL CO LTD | 336260 KS | 245,686 | 6,621,834 | 5.31 |
NIKOLA CORP | NKLA US | 2,065,757 | 5,598,201 | 4.49 |
Top 10 Total (%) | 79.73 |
Country Weightings (%) as of 31 Jan 2023
-
Country
% of Net Assets -
■
United States
34.79 -
■
United Kingdom
14.37 -
■
Norway
11.31 -
■
Canada
9.24 -
■
France
9.19 -
■
South Korea
7.89 -
■
Japan
7.45 -
■
Sweden
3.42 -
■
Germany
2.31 -
■
Other/Cash
0.03
Currency Exposure (%)
as of 31 Jan 2023
-
U.S. Dollar
50.12 -
Euro
11.50 -
Norwegian Krone
11.31 -
South Korean Won
7.89 -
Japanese Yen
7.45 -
British Pound
7.33 -
Swedish Krona
3.42 -
Canadian Dollar
0.94 -
Other/Cash
0.03
Sector Weightings (%) as of 31 Jan 2023
-
Sector
% of Net Assets -
■
Industrials
68.4 -
■
Materials
29.3 -
■
Consumer Discretionary
1.5 -
■
Consumer Staples
0.3 -
■
n/a
0.5 -
■
Other/Cash
0.0