Global X Hydrogen

ETF description

This ETF provides exposure to companies involved in the hydrogen industry, focusing on those that are developing and advancing hydrogen technologies. These companies may be involved in producing hydrogen fuel, creating fuel cells, or developing infrastructure that supports the use of hydrogen as a clean energy source. Hydrogen is seen by many as a potential solution for reducing carbon emissions, particularly in sectors that are hard to electrify, such as heavy industry and transportation.

For investors interested in sustainability and the future of clean energy, this ETF could appeal due to its focus on hydrogen, which is gaining attention as a key player in the transition away from fossil fuels. Companies within the fund could benefit from the growing demand for cleaner energy alternatives as governments and industries push for lower emissions and environmental responsibility.

Issuer details

Global X ETFs is a leading provider of specialized thematic and sector‑specific ETFs, with over $50 billion in assets under management as of June 2024. As a subsidiary of Mirae Asset Global Investments, Global X focuses on thematic investing. Founded in 2008 by Bruno del Ama, Global X ETFs is known for its focus on niche and innovative investment themes, allowing investors to access areas of the market experiencing rapid growth and transformation. Notable ETFs include the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the Global X Lithium & Battery Tech ETF (LIT), reflecting Global X’s commitment to providing exposure to cutting‑edge industries and trends.

Index details

The underlying index is designed to provide exposure to companies that are positioned to benefit from further advances in the field of hydrogen technology. Hydrogen technology includes products and services focused on the development and implementation of hydrogen gas as a renewable fuel source. Hydrogen technology may play an important role in the transition toward renewable energy and fossil fuels. Specifically, the Underlying Index will include securities issued by ‘Hydrogen Companies’ as defined by Solactive AG, the provider of the underlying index.