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Issuer
Global X
Inception Date
Oct 6, 2021
Leveraged
1x (No leverage)
Index Tracked
Global X Hydrogen Index
Distribution Policy
Distributing
Asset Class
Equity

Share Price Chart


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Global X Hydrogen ETF

Performance

HGEN.AX Performance Chart

Global X Hydrogen ETF (HGEN.AX) is up 43.8% since the beginning of the year. HGEN.AX is currently trading at A$10 per share.


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S&P 500 Index

Returns By Period

Global X Hydrogen ETF (HGEN.AX) has returned 43.83% so far this year and 92.59% over the past 12 months.


Global X Hydrogen ETF

1D
-3.10%
1M
-14.66%
6M
13.86%
YTD
43.83%
1Y
92.59%
3Y*
12.54%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.12%
1M
1.38%
6M
4.49%
YTD
5.58%
1Y
12.98%
3Y*
18.01%
5Y*
13.12%
10Y*
14.27%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HGEN.AX Monthly Returns History

Based on dividend-adjusted daily data since Oct 6, 2021, HGEN.AX's average daily return is +0.03%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.

Historically, 50% of months were positive and 50% were negative. The best month was Apr 2026 with a return of +38.6%, while the worst month was Jan 2022 at -22.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 5 months.

On a daily basis, HGEN.AX closed higher 46% of trading days. The best single day was Mar 1, 2022 with a return of +10.2%, while the worst single day was Aug 5, 2024 at -11.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202627.47%3.37%-9.12%38.59%10.52%-9.36%-13.48%43.83%
2025-2.86%-2.32%-10.56%-2.89%10.92%11.05%10.73%8.41%14.00%31.36%-18.92%-2.92%43.64%
2024-8.56%-4.18%6.03%-5.29%18.63%-12.22%0.20%-12.57%2.05%-4.25%16.82%-2.20%-10.40%
202311.34%0.13%-5.22%-7.43%-1.04%4.65%4.31%-8.82%-12.54%-16.58%10.35%3.00%-20.10%
2022-22.80%3.36%13.24%-12.51%1.29%-15.67%13.60%8.22%-18.44%-1.10%4.57%-8.87%-36.18%
202121.70%1.81%-12.91%7.90%

Benchmark Metrics

Global X Hydrogen ETF has an annualized alpha of 4.69%, beta of 0.05, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since October 06, 2021.

  • This ETF participated in 176.47% of S&P 500 Index downside but only 96.36% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.05 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
4.69%
Beta
0.05
0.00
Upside Capture
96.36%
Downside Capture
176.47%

Return for Risk

Risk / Return Rank

HGEN.AX ranks 71 for risk / return — better than 71% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


HGEN.AX Risk / Return Rank: 7171
Overall Rank
HGEN.AX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
HGEN.AX Sortino Ratio Rank: 6767
Sortino Ratio Rank
HGEN.AX Omega Ratio Rank: 6363
Omega Ratio Rank
HGEN.AX Calmar Ratio Rank: 8383
Calmar Ratio Rank
HGEN.AX Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Global X Hydrogen ETF (HGEN.AX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


HGEN.AXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.66

Sortino ratioReturn per unit of downside risk

+0.71

Omega ratioGain probability vs. loss probability

1.31

1.24

+0.07

Calmar ratioReturn relative to maximum drawdown

3.61

1.11

+2.50

Martin ratioReturn relative to average drawdown

9.67

3.10

+6.57

Dividends

Dividend History

Global X Hydrogen ETF provided a 0.78% dividend yield over the last twelve months, with an annual payout of A$0.08 per share.


0.10%0.20%0.30%0.40%0.50%0.60%A$0.00A$0.01A$0.01A$0.02A$0.02A$0.03A$0.032022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
DividendA$0.08A$0.02A$0.03A$0.01A$0.01

Dividend yield

0.78%0.34%0.60%0.17%0.09%

Monthly Dividends

The table displays the monthly dividend distributions for Global X Hydrogen ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.08A$0.08
2025A$0.00A$0.00A$0.00A$0.00A$0.00A$0.02A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.02
2024A$0.00A$0.00A$0.00A$0.00A$0.00A$0.03A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.03
2023A$0.00A$0.00A$0.00A$0.00A$0.00A$0.01A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.01
2022A$0.01A$0.00A$0.00A$0.00A$0.00A$0.00A$0.00A$0.01

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Global X Hydrogen ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Hydrogen ETF was 72.54%, occurring on Apr 9, 2025. The portfolio has not yet recovered.

The current Global X Hydrogen ETF drawdown is 25.22%.


Drawdown

Fall

Recovery

Underwater

Related event

-72.54%Apr 2025
3y 4mo
4y 8moNov 2021 - now
2025 selloff2025
-2.58%Oct 2021
0s1d
1dOct 2021 - Oct 2021
-2.17%Oct 2021
3d4d
7dOct 2021 - Oct 2021
-1.76%Nov 2021
5d1d
6dNov 2021 - Nov 2021
-1.49%Nov 2021
1d1d
2dNov 2021 - Nov 2021

Drawdown Indicators


HGEN.AXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-72.54%

-41.07%

-31.47%

Max Drawdown (1Y)

Largest decline over 1 year

-25.14%

-11.69%

-13.45%

Max Drawdown (3Y)

Largest decline over 3 years

-49.84%

-17.74%

-32.10%

Max Drawdown (5Y)

Largest decline over 5 years

-22.01%

Max Drawdown (10Y)

Largest decline over 10 years

-24.71%

Current Drawdown

Current decline from peak

-25.22%

-0.60%

-24.62%

Average Drawdown

Average peak-to-trough decline

-47.63%

-11.02%

-36.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.50%

4.20%

+5.30%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with HGEN.AX

Add Global X Hydrogen ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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