Direxion Hydrogen ETF (HJEN)
Direxion Hydrogen ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $10.80, up 0.00% on the session, giving a market capitalisation of $21.1M. Its beta of 1.47 implies it has historically moved more than the broad market.
This exchange-traded fund (ETF) is designed to mirror the financial performance of companies engaged in the hydrogen sector. This encompasses businesses involved in hydrogen production, storage solutions, fuel cell development, hydrogen refueling stations, and hydrogen-powered vehicles. Under typical market conditions, a minimum of 80% of the fund's holdings will be allocated either to the components of its underlying index or to assets sharing comparable economic characteristics. It's important to note that this fund maintains a concentrated, rather than diversified, investment approach.
Direxion Hydrogen ETF is most often compared with the following Financial Services names: