Direxion has launched the Direxion Hydrogen ETF (HJEN).
HJEN invests in 30 companies in the hydrogen industry leading the way towards net-zero emissions by providing more accessible, efficient and sustainable solutions.
“Hydrogen is the lightest and most abundant element in the universe, and it may be the key to fulfilling the world’s growing energy needs, while fighting climate change. With the launch of the Direxion Hydrogen ETF, investors now potentially have diversified exposure to the companies powering today’s dynamic hydrogen economy.”David Mazza, managing director at Direxion.
HJEN seeks investment results, before fees and expenses, which track the Indxx Hydrogen Economy Index. The Indxx Hydrogen Economy Index tracks the performance of 30 companies across the five hydrogen-related sub-themes. The sub-themes include Hydrogen Production and Generation, Hydrogen Storage and Supply, Fuel Cell and Battery, Hydrogen Systems and Solutions and Membrane and Catalyst.