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HYDR - ETF AI Analysis
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Global X Hydrogen ETF (HYDR)
Rating:46Neutral
Price Target:
$42.00
Positive Factors
Strong Year-to-Date Performance
The ETF has shown solid growth so far this year, indicating positive momentum in the hydrogen sector.
Focused Exposure to Industrials
With a significant allocation to the industrials sector, the ETF benefits from the growing demand for hydrogen technologies in manufacturing and energy.
Global Diversification
The fund includes companies from multiple countries, offering exposure to international hydrogen markets.
Negative Factors
High Concentration in Top Holdings
The top two holdings make up over 50% of the portfolio, increasing risk if these companies underperform.
Mixed Performance Among Holdings
Several key stocks, including Fuelcell Energy and SFC Energy, have struggled this year, which could drag on overall returns.
Relatively High Expense Ratio
The ETF charges a higher fee compared to broad market funds, which could eat into long-term returns.
HYDR vs. SPDR S&P 500 ETF (SPY)
AUM65.81M
RegionGlobal
Expense Ratio0.50%
Beta1.20
IssuerGlobal X
Inception DateJul 12, 2021
Dividend Yield0.95%
Asset ClassEquity
Index TrackedSolactive Global Hydrogen Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume48,613
30 Day Avg. Volume51,066
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
48.55Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HYDR Summary
The Global X Hydrogen ETF (HYDR) is an investment fund that focuses on companies leading the way in hydrogen energy, particularly for transportation. It follows the Solactive Global Hydrogen Index and includes businesses developing hydrogen fuel cells and infrastructure. Some well-known companies in this ETF are Bloom Energy and Plug Power. Investors might consider HYDR for its potential growth as hydrogen becomes a key player in clean energy and sustainable transportation. However, since the ETF is heavily focused on the hydrogen sector, its performance can be volatile and tied to the success of this emerging industry.
How much will it cost me?The Global X Hydrogen ETF (HYDR) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than average because it is actively managed and focuses on a specialized sector, which typically involves more research and management costs.
What would affect this ETF?The Global X Hydrogen ETF (HYDR) could benefit from increasing global support for clean energy initiatives and government policies promoting hydrogen technology, especially in transportation. However, it may face challenges from fluctuating energy prices, regulatory hurdles, or slower-than-expected adoption of hydrogen-based solutions. Its heavy exposure to industrials and reliance on top holdings like Bloom Energy and Plug Power makes it sensitive to sector-specific risks and technological advancements.
HYDR Top 10 Holdings
The Global X Hydrogen ETF (HYDR) is heavily concentrated in industrials, with Bloom Energy and Plug Power leading the charge. Bloom Energy has been a steady performer, buoyed by strategic developments, while Plug Power’s mixed signals reflect ongoing financial challenges despite revenue growth. Ballard Power Systems and Fuelcell Energy are lagging, weighed down by persistent losses and cash flow issues. With a global focus, this fund is betting big on the hydrogen revolution, but its reliance on a few key players and the sector’s financial hurdles could make for a bumpy ride.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Bloom Energy | 30.27% | $19.91M | $25.76B | 339.23% | 66 Neutral | |
| Plug Power | 16.07% | $10.57M | $2.64B | 0.53% | 46 Neutral | |
| Ceres Power Holdings | 9.97% | $6.55M | £706.90M | 124.86% | 60 Neutral | |
| Ballard Power Systems | 4.42% | $2.90M | $860.18M | 122.66% | 41 Neutral | |
| Fuelcell Energy | 3.60% | $2.37M | $210.57M | -17.68% | 41 Neutral | |
| PowerCell Sweden AB | 3.49% | $2.30M | kr2.33B | 104.54% | 58 Neutral | |
| ITM Power | 3.22% | $2.12M | £444.51M | 111.14% | 47 Neutral | |
| Beijing SinoHytec Co., Ltd. Class H | 3.14% | $2.06M | HK$8.03B | 47.55% | ― | |
| SFC Energy | 3.00% | $1.97M | €215.88M | -21.28% | 56 Neutral | |
| ― | 2.17% | $1.43M | ― | ― | ― |
HYDR Technical Analysis
Neutral
―
Price Trends
39.59
Negative
32.25
Positive
25.61
Positive
Market Momentum
-0.62
Positive
35.89
Neutral
5.72
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HYDR, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 42.35, equal to the 50-day MA of 39.59, and equal to the 200-day MA of 25.61, indicating a neutral trend. The MACD of -0.62 indicates Positive momentum. The RSI at 35.89 is Neutral, neither overbought nor oversold. The STOCH value of 5.72 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HYDR.
HYDR Peer Comparison
Comparison Results
Performance Comparison
HYDR
Global X Hydrogen ETF
35.33
12.69
56.05%
CARZ
First Trust NASDAQ Global Auto Index Fund
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FDRV
Fidelity Electric Vehicles and Future Transportation ETF
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MOTO
SmartETFs Smart Transportation & Technology ETF
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POW
VistaShares Electrification Supercycle ETF
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DRNZ
REX Drone ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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