PortfoliosLab logoPortfoliosLab logo
Direxion Hydrogen ETF (HJEN)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US25460G6171
CUSIP
25460G617
Issuer
Direxion
Inception Date
Mar 25, 2021
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
Indxx Hydrogen Economy Index - Benchmark TR Net
Distribution Policy
Accumulating
Asset Class
Equity

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Hydrogen ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


Loading graphics...

S&P 500 Index

Returns By Period


Direxion Hydrogen ETF

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-9.73%-3.28%3.85%-4.79%20.78%-16.36%2.18%-10.90%
202317.78%-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%
20216.69%-6.54%-5.00%2.72%-8.58%0.82%-5.82%20.43%-7.05%-8.88%-13.86%

Benchmark Metrics

Direxion Hydrogen ETF has an annualized alpha of -26.38%, beta of 1.18, and R² of 0.36 versus S&P 500 Index. Calculated based on daily prices since March 26, 2021.

  • This ETF participated in 141.32% of S&P 500 Index downside but only 32.00% 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
-26.38%
Beta
1.18
0.36
Upside Capture
32.00%
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 a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.


0.80%1.00%1.20%1.40%$0.00$0.05$0.10$0.15$0.20202120222023
Dividends
Dividend Yield
PeriodTTM202320222021
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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.


Loading graphics...

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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-59.71%Apr 6, 2021770Apr 25, 2024
-1.22%Mar 29, 20211Mar 29, 20211Mar 30, 20212

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...