Offers diversified exposure to hydrogen sector with Bloom Energy as top holding (17.21%), up 45.6% YoY, providing investors a safer way to capture growth while spreading risk across 25 companies.
Global X Hydrogen ETF news
About Global X Hydrogen ETF
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Recommended as a superior alternative to individual Bloom Energy stock, offering diversified exposure to 25 hydrogen and fuel cell companies at a lower price point ($43 vs $222), with a reasonable 0.50% expense ratio and 2.96% dividend yield.
ETF benefits from Plug Power's expansion in hydrogen production sector and positive momentum in the hydrogen industry.
The ETF declined 0.66% during the premarket session, reflecting broader market weakness despite positive hydrogen industry developments like Plug Power's contract win.
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