HDRO

Fund Description
The Fund uses a passive management (or indexing) approach to track the total return performance, before fees and expenses, of BlueStar Hydrogen & NextGen Fuel Cell Index. The Index is a rules-based index that tracks the performance of a group of globally listed equity securities of companies involved in the development of hydrogen-based energy sources and fuel cell technologies. The Index is predominantly comprised of pure-play companies, i.e., those that generate at least 50% of their revenues from products that facilitate hydrogen-based energy production, including fuel cells capable of using hydrogen as a fuel source (collectively, H2 Companies ).
Fund Profile
Fund Name Defiance Next Gen Hydrogen ETF
Fund Exchange Ticker HDRO
Fund Sponsor Defiance ETFs
Fund ISIN US26922B6002
Net Expense Ratio 0.30 %
Fund Inception Date 9 March 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name BlueStar Hydrogen & NextGen Fuel Cell Index
Index Provider BlueStar Global Investors LLC
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 71.82 Million (USD)
1 Month Total Return -2.19 %
Year To Date Return -18.97 %
1 Year Total Return
3 Year Annualized Total Return
NAV 22.2693
Share Outstanding 3,225,000
Top 10 Holdings (26 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
PLUG POWER INC PLUG EQUI 0.1495000000
FUELCELL ENERGY INC FCEL EQUI 0.0864000000
BLOOM ENERGY CORP- A BE EQUI 0.0773000000
NEL ASA NEL EQUI 0.0715000000
BALLARD POWER SYSTEMS INC BLDP EQUI 0.0666000000
ITM POWER PLC ITM EQUI 0.0518000000
CERES POWER HOLDINGS PLC CWR EQUI 0.0487000000
MCPHY ENERGY SA MCPHY EQUI 0.0479000000
POWERCELL SWEDEN PCELL EQUI 0.0474000000
LINDE PLC LIN EQUI 0.0386000000