Global X is selling at 20.40 as of the 26th of February 2025; that is 2.06 percent decrease since the beginning of the trading day. The etf's lowest day price was 20.28. Global X has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The fund invests at least 80 percent of its total assets, plus borrowings for investments purposes , in the securities of the index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the index. Gx Hydrogen is traded on NASDAQ Exchange in the United States.. More on Global X Hydrogen
[Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, Global X Global Hydrogen Index ETF, Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro]
John Belanger, Nam To, Wayne Xie, Kimberly Chan, Vanessa Yang
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
30-Nov
Exchange
NASDAQ
Number of Constituents
26.0
Market Maker
GTS
Country Name
USA
Returns Y T D
(11.42)
Name
Global X Hydrogen ETF
Currency Code
USD
Open Figi
BBG011RVBZ53
In Threey Volatility
47.18
1y Volatility
49.29
200 Day M A
25.0617
50 Day M A
23.1002
Code
HYDR
Currency Name
US Dollar
In Threey Sharp Ratio
(0.75)
Type
ETF
Global X Hydrogen [HYDR] is traded in USA and was established 2021-07-12. The fund is listed under Miscellaneous Sector category and is part of Global X Funds family. The entity is thematically classified as Sector ETFs. Global X Hydrogen currently have 33.14 M in assets under management (AUM). , while the total return for the last 3 years was -36.3%.
Check Global X Probability Of Bankruptcy
Geographic Allocation (%)
Global X Hydrogen Currency Exposure
Global X Hydrogen holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Global X will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Global X Hydrogen.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Global X. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Global X Hydrogen is a strong investment it is important to analyze Global X's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global X's future performance. For an informed investment choice regarding Global Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Hydrogen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of Global X Hydrogen is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.