$HDRO

HDRO

$11.1

Next Gen Hydrogen ETF

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Distribution Rate *
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Distribution Frequency
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30-Day SEC Yield **
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rating

Clean and Sustainable- Next Gen Hydrogen ETF

None of the existing alternative energy sources can provide sufficient, consistent and cost-effective energy supply. Green Hydrogen can, and it is a zero-emission fuel with a sole waste product of water.

HDRO, the Defiance Next Gen H2 ETF, tracks the BlueStar Global Hydrogen & Next Gen Fuel Cell Index. The rules-based index tracks the performance of a group of globally listed equities and of companies, who generate at least 50% of their revenue from their involvement in the development of hydrogen-based energy sources, fuel cell technologies and industrial gases.

Cutting Edge H2 ETF

Defiance’s hydrogen ETF index seeks to include the most liquid, innovative hydrogen stocks in the marketplace, to capture the investment potential in clean energy. It provides diversified access to this disruptive and innovative space, which has the potential to transform energy production and use towards a more sustainable, decarbonized, greener future.

Fund Details

Data as of 07/17/2024
Net Assets $23.24M
Premium/discount 0.68%
NAV $5.37
Closing Price $5.41
Shares Outstanding 4,325,000
Median 30 Day Spread 0.54%
Fund inception 03/09/21
Ticker HDRO
Primary Exchange NYSE
CUSIP 26922B600
Fund Holdings 32
NAV Symbol HDRO.NV
Expense Ratio 0.30%
30 Day SEC Yield* 0.19%
* Yield as of 06/30/2024

HDROMarket Price

Performance

YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -22.62% -19.15% -4.74% -22.62% -39.87% -40.86% xx.xx% -81.53%
Market Price (%) -22.33% -19.06% -4.93% -22.33% -39.59% -40.88% xx.xx% -81.51%
1 Year Since Inception
Total Return (%) -39.87% -39.97%
Market Price (%) -39.59% -39.95%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -4.29% 25.68% 18.07% -0.65% -24.52% -36.33% xx.xx% -77.16%
Market Price (%) -4.03% 25.30% 17.90% -1.15% -24.91% -36.39% xx.xx% -77.16%
1 Year Since Inception
Total Return (%) -24.52% -36.71%
Market Price (%) -24.91% -36.71%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -23.85% -6.26% -14.32% -12.73% -43.58% -42.00% xx.xx% -81.82%
Market Price (%) -23.41% -6.26% -13.94% -13.07% -43.75% -41.98% xx.xx% -81.77%
1 Year Since Inception
Total Return (%) -43.58% -41.88%
Market Price (%) -43.75% -41.82%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -18.76% 0.22% -18.76% -21.03% -46.01% -41.99% xx.xx% -80.61%
Market Price (%) -18.29% 0.38% -18.29% -20.23% -45.96% -42.00% xx.xx% -80.55%
1 Year Since Inception
Total Return (%) -46.01% -41.49%
Market Price (%) -45.96% -41.44%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -18.94% -8.79% -15.85% -32.02% -49.22% xx.xx% xx.xx% -80.65%
Market Price (%) -18.60% -8.54% -16.16% -31.68% -49.32% xx.xx% xx.xx% -80.63%
1 Year Since Inception
Total Return (%) -49.22% -42.42%
Market Price (%) -49.32% -42.40%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -11.13% -11.13% 1.85% -36.43% -48.27% xx.xx% xx.xx% -78.79%
Market Price (%) -11.01% -11.01% 1.01% -36.24% -48.74% xx.xx% xx.xx% -78.82%
1 Year Since Inception
Total Return (%) -48.27% -41.43%
Market Price (%) -48.74% -41.46%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -30.76% 3.81% -2.79% -22.30% -30.76% xx.xx% xx.xx% -76.13%
Market Price (%) -31.17% 3.00% -2.37% -22.23% -31.17% xx.xx% xx.xx% -76.20%
1 Year Since Inception
Total Return (%) -30.76% -39.90%
Market Price (%) -31.17% -39.96%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -33.30% 10.40% -19.22% -24.03% -39.99% xx.xx% xx.xx% -77.01%
Market Price (%) -33.17% 10.20% -18.51% -24.03% -40.58% xx.xx% xx.xx% -76.89%
1 Year Since Inception
Total Return (%) -39.99% -41.65%
Market Price (%) -40.58% -41.54%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -39.58% -15.18% -37.59% -35.35% -36.65% xx.xx% xx.xx% -79.17%
Market Price (%) -39.36% -13.99% -36.87% -35.30% -36.38% xx.xx% xx.xx% -79.03%
1 Year Since Inception
Total Return (%) -36.65% -44.72%
Market Price (%) -36.38% -44.58%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -28.77% -13.73% -20.07% -31.63% -27.59% xx.xx% xx.xx% -75.45%
Market Price (%) -29.49% -14.03% -20.34% -32.25% -27.25% xx.xx% xx.xx% -75.62%
1 Year Since Inception
Total Return (%) -27.59% -42.20%
Market Price (%) -27.25% -42.36%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -17.43% -14.71% -5.95% -25.30% -39.34% xx.xx% xx.xx% -71.54%
Market Price (%) -17.99% -14.63% -6.78% -25.82% -39.42% xx.xx% xx.xx% -71.64%
1 Year Since Inception
Total Return (%) -39.34% -39.76%
Market Price (%) -39.42% -39.85%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -3.19% 8.63% 3.58% -18.62% -26.96% xx.xx% xx.xx% -66.63%
Market Price (%) -3.93% 8.54% 2.50% -19.61% -27.67% xx.xx% xx.xx% -66.78%
1 Year Since Inception
Total Return (%) -26.96% -36.77%
Market Price (%) -27.67% -36.89%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -10.89% 1.50% -14.47% -10.89% -23.83% xx.xx% xx.xx% -69.28%
Market Price (%) -11.50% 0.61% -14.95% -11.50% -24.39% xx.xx% xx.xx% -69.40%
1 Year Since Inception
Total Return (%) -23.83% -40.01%
Market Price (%) -24.39% -40.11%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -12.20% -6.06% -20.57% -21.01% -37.73% xx.xx% xx.xx% -69.74%
Market Price (%) -12.03% -6.14% -20.42% -21.78% -37.47% xx.xx% xx.xx% -69.58%
1 Year Since Inception
Total Return (%) -37.73% -41.53%
Market Price (%) -37.47% -41.39%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -6.54% -10.29% -21.43% -2.00% -38.64% xx.xx% xx.xx% -67.78%
Market Price (%) -6.28% -9.94% -21.57% -1.67% -37.85% xx.xx% xx.xx% -67.59%
1 Year Since Inception
Total Return (%) -38.64% -41.06%
Market Price (%) -37.85% -40.90%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) 4.19% -5.74% 4.19% 5.91% -42.17% xx.xx% xx.xx% -64.09%
Market Price (%) 4.07% -5.87% 4.07% 7.37% -41.70% xx.xx% xx.xx% -64.02%
1 Year Since Inception
Total Return (%) -42.17% -39.17%
Market Price (%) -41.70% -39.11%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) 10.54% -7.08% -0.56% -18.79% -35.55% xx.xx% xx.xx% -61.90%
Market Price (%) 10.55% -7.49% -1.71% -18.33% -35.00% xx.xx% xx.xx% -61.77%
1 Year Since Inception
Total Return (%) -35.55% -38.64%
Market Price (%) -35.00% -38.54%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) 18.96% 18.96% 24.73% -10.24% -23.31% xx.xx% xx.xx% -58.99%
Market Price (%) 19.50% 19.50% 25.36% -10.02% -23.26% xx.xx% xx.xx% -58.68%
1 Year Since Inception
Total Return (%) -23.31% -37.47%
Market Price (%) -23.26% -37.22%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -50.98% -10.04% 1.65% -14.52% -50.98% xx.xx% xx.xx% -65.53%
Market Price (%) -50.89% -11.09% 3.18% -14.57% -50.89% xx.xx% xx.xx% -65.42%
1 Year Since Inception
Total Return (%) -50.98% -44.41%
Market Price (%) -50.89% -44.32%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -45.51% 16.55% -18.34% -21.17% -53.25% xx.xx% xx.xx% -61.68%
Market Price (%) -44.77% 17.99% -16.92% -20.06% -52.58% xx.xx% xx.xx% -61.11%
1 Year Since Inception
Total Return (%) -53.25% -42.59%
Market Price (%) -52.58% -42.09%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -53.25% -3.05% -28.04% -37.38% -62.99% xx.xx% xx.xx% -67.12%
Market Price (%) -53.19% -1.65% -28.23% -36.79% -63.05% xx.xx% xx.xx% -67.04%
1 Year Since Inception
Total Return (%) -62.99% -49.12%
Market Price (%) -63.05% -49.04%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -51.78% -27.73% -15.91% -45.40% -53.07% xx.xx% xx.xx% -66.09%
Market Price (%) -52.41% -28.40% -17.20% -45.70% -53.57% xx.xx% xx.xx% -66.49%
1 Year Since Inception
Total Return (%) -53.07% -49.97%
Market Price (%) -53.57% -50.35%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -33.28% 2.70% -3.47% -20.64% -39.91% xx.xx% xx.xx% -53.08%
Market Price (%) -33.53% 1.92% -3.79% -20.41% -40.47% xx.xx% xx.xx% -53.19%
1 Year Since Inception
Total Return (%) -39.91% -40.04%
Market Price (%) -40.47% -40.14%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -35.03% 13.29% -12.98% -14.55% -41.82% xx.xx% xx.xx% -54.31%
Market Price (%) -34.78% 13.47% -11.93% -14.71% -41.52% xx.xx% xx.xx% -54.08%
1 Year Since Inception
Total Return (%) -41.82% -42.98%
Market Price (%) -41.52% -42.77%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -42.65% -17.04% -35.07% -42.65% -54.84% xx.xx% xx.xx% -59.67%
Market Price (%) -42.52% -16.81% -34.43% -42.52% -54.77% xx.xx% xx.xx% -59.53%
1 Year Since Inception
Total Return (%) -54.84% -50.02%
Market Price (%) -54.77% -49.88%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -30.88% -7.42% -17.78% -40.70% -45.09% xx.xx% xx.xx% -51.39%
Market Price (%) -30.91% -6.71% -17.28% -40.68% -45.18% xx.xx% xx.xx% -51.35%
1 Year Since Inception
Total Return (%) -45.09% -44.44%
Market Price (%) -45.18% -44.40%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -25.34% -15.47% -1.81% -40.89% -43.65% xx.xx% xx.xx% -47.50%
Market Price (%) -25.94% -15.51% -3.15% -41.54% -44.13% xx.xx% xx.xx% -47.85%
1 Year Since Inception
Total Return (%) -43.65% -43.11%
Market Price (%) -44.13% -43.44%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -11.68% 5.05% -11.68% -14.05% -37.47% xx.xx% xx.xx% -37.89%
Market Price (%) -12.34% 4.95% -12.34% -14.49% -38.07% xx.xx% xx.xx% -38.28%
1 Year Since Inception
Total Return (%) -37.47% -36.19%
Market Price (%) -38.07% -36.56%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -15.93% 10.57% -27.87% -24.28% xx.xx% xx.xx% xx.xx% -40.88%
Market Price (%) -16.47% 9.23% -28.29% -25.20% xx.xx% xx.xx% xx.xx% -41.19%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) -23.96% -23.96% -39.80% -31.91% xx.xx% xx.xx% xx.xx% -46.53%
Market Price (%) -23.54% -23.54% -39.64% -31.44% xx.xx% xx.xx% xx.xx% -46.16%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% -14.20% -2.69% -21.24% xx.xx% xx.xx% xx.xx% -29.68%
Market Price (%) xx.xx% -14.14% -2.45% -21.32% xx.xx% xx.xx% xx.xx% -29.59%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% -7.72% 4.97% -7.42% xx.xx% xx.xx% xx.xx% -18.04%
Market Price (%) xx.xx% -8.05% 4.31% -7.58% xx.xx% xx.xx% xx.xx% -17.99%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% 22.91% 13.11% -4.67% xx.xx% xx.xx% xx.xx% -11.18%
Market Price (%) xx.xx% 23.57% 13.57% -4.44% xx.xx% xx.xx% xx.xx% -10.81%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% -7.45% -19.07% -27.24% xx.xx% xx.xx% xx.xx% -27.74%
Market Price (%) xx.xx% -8.20% -19.34% -27.58% xx.xx% xx.xx% xx.xx% -27.82%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% -0.57% -11.80% xx.xx% xx.xx% xx.xx% xx.xx% -21.92%
Market Price (%) xx.xx% 0.12% -11.39% xx.xx% xx.xx% xx.xx% xx.xx% -21.38%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% -12.06% -15.72% xx.xx% xx.xx% xx.xx% xx.xx% -21.48%
Market Price (%) xx.xx% -12.24% -15.86% xx.xx% xx.xx% xx.xx% xx.xx% -21.47%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% 0.86% -10.10% xx.xx% xx.xx% xx.xx% xx.xx% -10.71%
Market Price (%) xx.xx% 0.85% -10.22% xx.xx% xx.xx% xx.xx% xx.xx% -10.51%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% -4.99% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -11.47%
Market Price (%) xx.xx% -4.93% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -11.27%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% -6.19% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -6.83%
Market Price (%) xx.xx% -6.35% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -6.66%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
YTD 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years Since Inception
Total Return NAV (%) xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -0.68%
Market Price (%) xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% xx.xx% -0.33%
1 Year Since Inception
Total Return (%) xx.xx% xx.xx%
Market Price (%) xx.xx% xx.xx%
2022 2023
Total Return NAV(%) -50.98% -30.76%
Market Price (%) -50.89% -31.17%
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
Name Symbol Stock price % Net assets Shares Held Market Value
Plug Power Inc PLUG $2.92 9.08% 703,375 $2,053,855
Bloom Energy Corp BE $14.65 8.85% 136,721 $2,002,963
Nel Asa NEL NO $6.22 8.15% 3,193,118 $1,843,912
Doosan Fuel Cell Co Ltd 336260 KS $20.00 7.55% 117,703 $1,707,630
Ballard Power Systems Inc BLDP $2.39 7.54% 713,538 $1,705,356
Fuelcell Energy Inc FCEL $0.57 5.24% 2,065,837 $1,185,997
Thyssenkrupp Nucera Ag & Co Kgaa NCH2 GR $9.90 4.71% 98,541 $1,064,820
Itm Power Plc ITM LN $0.57 4.47% 1,373,949 $1,011,030
Linde Plc LIN $446.04 4.47% 2,266 $1,010,727
Ceres Power Holdings Plc CWR LN $1.86 4.28% 401,202 $968,471
Data as of 07/19/2024. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
View full holdings

Reasons to invest in HDRO

Clean Energy

Fossil fuels are waning and alternative energy sources can’t keep up. Green Hydrogen can be made using electricity from renewable resources.

Next Gen Fuel Cell ETF

The hydrogen market is driving breakthroughs in electrolysis, fuel cells, hydrogen storage and transportation solutions, and fuel cell use-cases.

Political Readiness

Global political will has turned towards supporting the clean energy future. Governments are investing billions and legislating towards decarbonization.

Growth Potential

Bank of America suggests that hydrogen will generate 24% of our energy needs and create as much as $11 trillion in investment opportunities by 2050.1 A hydrogen ETF may offer the opportunity to capture some of that growth.