Direxion Hydrogen ETF (HJEN) Sharpe Ratio

Sharpe ratio is not yet available for HJEN. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Direxion Hydrogen ETF's Sharpe Ratio with other ETFs in the Alternative Energy Equities category across multiple time periods, showing how HJEN's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

Symbol	Name	1Y Sharpe Ratio
IBAT	iShares Energy Storage & Materials ETF	4.70
HYDR	Global X Hydrogen ETF	3.14
CTEX	ProShares S&P Kensho Cleantech ETF	3.05
PBD	Invesco Global Clean Energy ETF	3.04
CTEC	Global X CleanTech ETF	3.02
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	2.91
CNRG	SPDR S&P Kensho Clean Power ETF	2.83
FRNW	Fidelity Clean Energy ETF	2.69
ICLN	iShares Global Clean Energy ETF	2.61
PWER	Macquarie Energy Transition ETF	2.53
HJEN	Direxion Hydrogen ETF	—

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Historical Sharpe Ratio

The chart shows HJEN's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when HJEN consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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