
The Global X Hydrogen ETF (HYDR) is designed to replicate the financial performance, specifically the capital appreciation and income generated, of the Solactive Global Hydrogen Index. This objective is pursued prior to the deduction of the ETF's own fees and operating expenses.
Is HYDR's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

The Global X Hydrogen ETF (HYDR) offers concentrated exposure to the hydrogen sector, capitalizing on surging AI-driven energy demand and robust APAC market growth. HYDR delivered a remarkable 261% annual return and 64% in the past month, but trades at a steep premium with negative earnings and high P/B. The ETF is highly concentrated, with 80% in its top 10 holdings, and faces sectoral supply-demand imbalances and policy/geopolitical risks.

Global X Hydrogen ETF is a pure-play hydrogen fund rated 'Hold' for risk-tolerant investors seeking exposure to hydrogen energy's commercialization. HYDR's upside depends on three catalysts: surging hydrogen demand, industry profitability, and strategic partnerships by top holdings like Doosan Fuel Cell, Bloom Energy, and Plug Power. Despite a 260% one-year price surge, the fund's top holdings remain unprofitable, and current valuations already price in significant growth expectations.

April's ETF winners surged on oil rally, AI boom and strong earnings. Hydrogen, semis, AI, meme and cannabis funds led the charge.

Cannabis, semis, crude & hydrogen ETFs led last week as AI momentum, policy boost and Middle East tensions shaped market trends.

Goldman sees more upside as earnings stay strong and geopolitics fade. Here are ETF areas -- from broad market to clean energy -- to ride the rally.