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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)

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 03 Feb 2023

  • NAV1

    12.54
  • Shares Outstanding

    10,100,000
  • Number of Holdings

    26
  • Base Currency

    USD
  • Net Assets

    $126.6M
  • Product Structure

    Physical (Full Replication)
  • Income Treatment

    Reinvestment
  • Distribution Frequency

    None
  • Total Expense Ratio

    0.55%
  • SFDR Classification

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

Trading Information as of 03 Feb 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 11.68
Day's Move -0.16
Volume 66,225
30 Day Volume 26,926
VWAP Volume 66,225

NAVs as of 03 Feb 2023

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
HDRO USD $12.54 $-0.33 / -2.59% +19.32%
0.55

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

Top 10 Holdings (%) as of 31 Jan 2023 View All Holdings »

Total Holdings: 26
Swipe<br>to view <br> full data
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
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

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

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