Defiance Next Gen H2 ETF
HDRO
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 234 West Florida Street Milwaukee NY United States of America 53204
- IPO Date
- Mar 10, 2021
- CIK
- 0001540305
- Similar Companies
- Business
- Defiance Next Gen H2 ETF (HDRO) is an exchange-traded fund that tracks the BlueStar Hydrogen and NextGen Fuel Cell Index, providing investors with exposure to globally listed companies involved in the hydrogen and fuel cell segment. The fund primarily invests in equities of firms deriving at least 50% of revenues from hydrogen-based energy production, fuel cells, industrial gases including hydrogen, alternative energy resources, renewable electricity producers, and related technologies; key holdings have included ITM Power plc, thyssenkrupp nucera AG & Co. KGaA, Ceres Power Holdings plc, Ballard Power Systems Inc., and Air Liquide SA, among others in materials, chemicals, utilities, and independent power sectors. HDRO operates passively with a net expense ratio of 0.30%, targeting institutional and retail investors interested in thematic clean energy strategies across global markets including North America, Europe, and Asia. Launched on March 9, 2021, by Defiance ETFs, LLC--a thematic ETF sponsor founded in 2018 and headquartered in Miami, Florida--HDRO is issued through ETF Series Solutions and co-managed with Penserra Capital Management LLC. The fund underwent a one-for-eight reverse stock split effective October 7, 2024, to address low share price levels, with cash paid in lieu of fractional shares. More recently, on April 14, 2025, Defiance ETFs announced the fund's closure and liquidation, approved by the Board of Trustees of ETF Series Solutions; trading halted before market open on April 29, 2025, with portfolio liquidation beginning around April 18, 2025, and pro rata cash distributions to remaining shareholders thereafter, marking a significant operational wind-down.