Hjen Etf Profile
The performance scores are derived for the period starting the 15th of December 2024 and ending today, the 15th of March 2025. Click here to learn more.
HJEN cannot be verified against its exchange. It appears that HJEN is not available for investing at the moment. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
RefreshHJEN Etf Highlights
| Old Name | Direxion Hydrogen ETF |
| Business Concentration | Natural Resources, Direxion Funds (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (10.89) |
| Name | Direxion Hydrogen ETF |
| Currency Code | USD |
| Open Figi | BBG00ZSMJ7H9 |
| In Threey Volatility | 35.39 |
| 1y Volatility | 35.22 |
| 200 Day M A | 11.2613 |
| 50 Day M A | 11.5561 |
| Code | HJEN |
| Updated At | 21st of July 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.62) |
| Type | ETF |
HJEN [HJEN] is traded in USA and was established 2021-03-25. The fund is listed under Natural Resources category and is part of Direxion Funds family. HJEN currently have 22.66 M in assets under management (AUM). , while the total return for the last 3 years was -18.3%.
Check HJEN Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on HJEN Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding HJEN Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as HJEN Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top HJEN Etf Constituents
| APD | Air Products and | Stock | Materials | |
| BE | Bloom Energy Corp | Stock | Industrials | |
| FCEL | FuelCell Energy | Stock | Industrials | |
| PLUG | Plug Power | Stock | Industrials |
HJEN Against Markets
Try Other Suggestions
HJEN Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HJEN etf to make a market-neutral strategy. Peer analysis of HJEN could also be used in its relative valuation, which is a method of valuing HJEN by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Tools for HJEN Etf
When running HJEN's price analysis, check to measure HJEN's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HJEN is operating at the current time. Most of HJEN's value examination focuses on studying past and present price action to predict the probability of HJEN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HJEN's price. Additionally, you may evaluate how the addition of HJEN to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |