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 Jul 12, 2026.

Symbol	Name	1Y Sharpe Ratio
IBAT	iShares Energy Storage & Materials ETF	2.78
PWER	Macquarie Energy Transition ETF	1.83
PBD	Invesco Global Clean Energy ETF	1.69
HYDR	Global X Hydrogen ETF	1.59
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	1.56
QCLN	First Trust NASDAQ Clean Edge Green Energy Index Fund	1.51
FAN	First Trust Global Wind Energy ETF	1.50
ICLN	iShares Global Clean Energy ETF	1.49
FRNW	Fidelity Clean Energy ETF	1.49
CNRG	SPDR S&P Kensho Clean Power ETF	1.48
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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