Global X Hydrogen UCITS ETF USD Accumulating (HYGN)

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https://oci-global.com

The Global X Hydrogen UCITS ETF USD Accumulating is an exchange-traded fund that tracks the Solactive Global Hydrogen Index, focusing on companies worldwide involved in the hydrogen industry. Its primary purpose is to provide investors with targeted exposure to firms developing and implementing hydrogen technology, including production, fuel cells, and related equipment, as hydrogen emerges as a key renewable energy source in the transition from fossil fuels. Notable features include full physical replication of the index, an accumulating distribution policy where dividends are reinvested, a total expense ratio of 0.50% p.a., and currency unhedged in USD, domiciled in Ireland since its inception on 7 February 2022. The ETF holds around 21 stocks, with top positions often in companies like Doosan Fuel Cell, Bloom Energy, and Plug Power, spanning sectors such as industrials, producer manufacturing, and electronic technology. With a fund size of approximately 17 million EUR, it emphasizes sustainability and ESG principles, playing a vital role in the financial markets by enabling diversified access to the growing global hydrogen economy and supporting innovation in clean energy infrastructure.