Petmal I believe hydrogen power is likely to perform well in the next several quarters, and that the Direction Hydrogen ETF (NYSEARCA:HJEN) is a reasonable alternative non-core holding to get some diversified exposure to the industry. HJEN’s portfolio holds 30 companies involved in hydrogen power. The fund is based upon the Indxx Hydrogen Economy Index, and primarily includes themes such as hydrogen generation and storage, hydrogen fuel cells, hydrogen stations, and hydrogen-based vehicles. HJEN’s fact sheet lists the following sub-theme weightings. HJEN sub-themes (HJEN Fact Sheet) Many of the hydrogen energy related holdings in HJEN are not traded on the domestic markets. Just over 25% of the portfolio’s holdings are domiciled in the United States, with numerous other nations contributing a meaningful percentage of the portfolio. HJEN country weightings (HJEN fact sheet)…
HJEN: Direxion’s Hydrogen ETF Likely To Outperform In Second Half Of 2022 (NYSEARCA:HJEN)
