New VanEck ETF on Xetra: companies worldwide with focus on hydrogen
New VanEck ETF on Xetra: companies worldwide with focus on hydrogen
A new ETF issued by VanEck Vectors has been tradable on Xetra and Börse Frankfurt since Wednesday.
The VanEck Vectors Hydrogen Economy UCITS ETF enables investors to participate in the performance of companies that generate at least 50 per cent of their revenues along the entire hydrogen value chain or will do so in the future due to ongoing projects.
The index comprises at least 25 stocks and limits the weighting of a company to a maximum of ten per cent. If less than 25 companies from the hydrogen sector are available, companies with earnings from the fossil fuels and industrial gases sector are also included.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
VanEck Vectors Hydrogen Economy UCITS ETF | Equity ETF | IE00BMDH1538 | 0.55 per cent | Accumulating | MVIS Global Hydrogen Economy Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,666 ETFs. With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.