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Direxion Hydrogen ETF (HJEN)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS25460G6171
CUSIP25460G617
IssuerDirexion
Inception DateMar 25, 2021
RegionGlobal (Broad)
CategoryAlternative Energy Equities
Index TrackedIndxx Hydrogen Economy Index - Benchmark TR Net
Asset ClassEquity

Expense Ratio

The Direxion Hydrogen ETF has a high expense ratio of 0.45%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.45%

Share Price Chart


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Compare to other instruments

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


Direxion Hydrogen ETF

Popular comparisons: HJEN vs. HYDR, HJEN vs. HDRO, HJEN vs. REMX, HJEN vs. VTI, HJEN vs. RTM, HJEN vs. VOO, HJEN vs. CMI

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.


-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%NovemberDecember2024FebruaryMarchApril
-8.72%
17.08%
HJEN (Direxion Hydrogen ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Direxion Hydrogen ETF had a return of -14.21% year-to-date (YTD) and -24.17% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-14.21%5.90%
1 month-2.94%-1.28%
6 months-11.45%15.51%
1 year-24.17%21.68%
5 years (annualized)N/A11.74%
10 years (annualized)N/A10.50%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-9.73%-3.28%3.85%
2023-8.62%-8.66%7.67%4.01%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of HJEN is 3, indicating that it is in the bottom 3% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of HJEN is 33
Direxion Hydrogen ETF(HJEN)
The Sharpe Ratio Rank of HJEN is 33Sharpe Ratio Rank
The Sortino Ratio Rank of HJEN is 33Sortino Ratio Rank
The Omega Ratio Rank of HJEN is 33Omega Ratio Rank
The Calmar Ratio Rank of HJEN is 33Calmar Ratio Rank
The Martin Ratio Rank of HJEN is 22Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Hydrogen ETF (HJEN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


HJEN
Sharpe ratio
The chart of Sharpe ratio for HJEN, currently valued at -0.87, compared to the broader market-1.000.001.002.003.004.005.00-0.87
Sortino ratio
The chart of Sortino ratio for HJEN, currently valued at -1.19, compared to the broader market-2.000.002.004.006.008.00-1.19
Omega ratio
The chart of Omega ratio for HJEN, currently valued at 0.87, compared to the broader market1.001.502.002.500.87
Calmar ratio
The chart of Calmar ratio for HJEN, currently valued at -0.41, compared to the broader market0.002.004.006.008.0010.0012.00-0.41
Martin ratio
The chart of Martin ratio for HJEN, currently valued at -1.36, compared to the broader market0.0020.0040.0060.0080.00-1.36
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market-1.000.001.002.003.004.005.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.62, compared to the broader market0.0020.0040.0060.0080.007.62

Sharpe Ratio

The current Direxion Hydrogen ETF Sharpe ratio is -0.87. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.87
1.89
HJEN (Direxion Hydrogen ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Hydrogen ETF granted a 1.70% dividend yield in the last twelve months. The annual payout for that period amounted to $0.18 per share.


PeriodTTM202320222021
Dividend$0.18$0.18$0.17$0.16

Dividend yield

1.70%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.02
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
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
2021$0.06$0.00$0.00$0.02$0.00$0.00$0.08

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-58.20%
-3.86%
HJEN (Direxion Hydrogen ETF)
Benchmark (^GSPC)

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 58.55%, occurring on Feb 23, 2024. The portfolio has not yet recovered.

The current Direxion Hydrogen ETF drawdown is 58.20%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-58.55%Apr 6, 2021727Feb 23, 2024
-1.22%Mar 29, 20211Mar 29, 20211Mar 30, 20212

Volatility

Volatility Chart

The current Direxion Hydrogen ETF volatility is 5.72%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2024FebruaryMarchApril
5.72%
3.39%
HJEN (Direxion Hydrogen ETF)
Benchmark (^GSPC)