- ISIN
- US25460G6171
- CUSIP
- 25460G617
- Issuer
- Direxion
- Inception Date
- Mar 25, 2021
- Region
- Global (Broad)
- Category
- Alternative Energy Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Indxx Hydrogen Economy Index - Benchmark TR Net
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Assets Under Management
- $21M
Share Price Chart
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Performance
HJEN Performance Chart
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Returns By Period
Direxion Hydrogen ETF
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HJEN Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -9.73% | -3.28% | 3.85% | -4.79% | 20.78% | -16.36% | 2.18% | -10.90% | |||||
| 2023 | 17.78% | -5.15% | -4.72% | -4.58% | -8.74% | 6.73% | 9.27% | -9.62% | -8.62% | -8.67% | 7.67% | 4.01% | -8.69% |
| 2022 | -14.94% | 9.45% | 4.32% | -14.22% | -1.26% | -12.99% | 11.28% | 3.15% | -20.36% | -2.29% | 13.54% | -8.08% | -33.27% |
| 2021 | 10.18% | -6.54% | -5.00% | 2.72% | -8.58% | 0.82% | -5.82% | 20.43% | -7.05% | -8.88% | -11.04% |
Benchmark Metrics
Direxion Hydrogen ETF has an annualized alpha of -25.77%, beta of 1.18, and R2 of 0.36 versus S&P 500 Index. Calculated based on daily prices since March 25, 2021.
- This ETF participated in 141.32% of S&P 500 Index downside but only 34.75% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.36 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -25.77%
- Beta
- 1.18
- R²
- 0.36
- Upside Capture
- 34.75%
- Downside Capture
- 141.32%
Expense Ratio
HJEN has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Hydrogen ETF (HJEN) 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.
| HJEN | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Direxion Hydrogen ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.00 | $0.18 | $0.17 | $0.16 |
Dividend yield | 0.00% | 1.50% | 1.24% | 0.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Hydrogen ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.08 | $0.00 | $0.10 | |||||
| 2023 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.17 |
| 2021 | $0.06 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.08 | $0.16 |
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 Direxion 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 Direxion Hydrogen ETF was 59.71%, occurring on Apr 25, 2024. The portfolio has not yet recovered.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2024 bear market2024 | -59.71%Apr 2024 | 3y 20d | — | 5y 2moApr 2021 - now |
2021 pullback2021 | -1.22%Mar 2021 | 0s | 1d | 1dMar 2021 - Mar 2021 |
Drawdown Indicators
| HJEN | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | -1.80% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.71% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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