Global X Hydrogen ETF (HYDR) is an exchange-traded fund that provides investors with targeted exposure to companies involved in the hydrogen industry, including producers, equipment manufacturers, and fuel cell developers. The fund tracks the Solactive Global Hydrogen Index, which includes firms engaged in hydrogen production via electrolysis, liquefaction, storage, distribution, and utilization in power generation and transportation; key holdings encompass Plug Power Inc., Ballard Power Systems Inc., and Nel ASA, among others focused on clean energy transition technologies. HYDR operates globally, with primary exposure to companies in North America, Europe, and Asia-Pacific regions.
Launched in 2019 by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments headquartered in New York, the ETF targets institutional and retail investors seeking thematic investments in emerging hydrogen technologies and decarbonization efforts. The fund employs a passive management strategy, holding approximately 25-40 securities weighted by free-float adjusted market capitalization with liquidity and revenue screens. It is listed on the Nasdaq Stock Exchange under the ticker HYDR.
In recent developments, HYDR benefited from heightened investor interest amid global hydrogen policy advancements, including the U.S. Inflation Reduction Act incentives and European Union Hydrogen Strategy expansions in 2024-2025. The fund saw no major structural changes such as mergers or rebranding but experienced portfolio adjustments to incorporate new entrants like ITM Power Plc following its growth in electrolyzer capacity. Assets under management grew significantly in 2025, reflecting broader adoption of hydrogen as a key net-zero enabler.