36BA.DE vs. HJEN
36BA.DE (iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist)) and HJEN (Direxion Hydrogen ETF) are both exchange-traded funds - 36BA.DE is a Corporate Bonds fund tracking the Bloomberg MSCI US Corporate Sustainable SRI Index (EUR Hedged), while HJEN is a Alternative Energy Equities fund tracking the Indxx Hydrogen Economy Index - Benchmark TR Net. Both are passively managed. At a 0.16 correlation, their price movements are largely independent. 36BA.DE charges 0.17%/yr vs 0.45%/yr for HJEN.
Performance
36BA.DE vs. HJEN - Performance Comparison
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Different Trading Currencies
36BA.DE is traded in EUR, while HJEN is traded in USD. To make them comparable, the HJEN values have been converted to EUR using the latest available exchange rates.
Returns By Period
36BA.DE
- 1D
- 0.27%
- 1M
- 0.18%
- YTD
- -0.71%
- 6M
- -0.48%
- 1Y
- 2.78%
- 3Y*
- 2.93%
- 5Y*
- -1.61%
- 10Y*
- —
HJEN
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
36BA.DE vs. HJEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
36BA.DE iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist) | -0.71% | 5.40% | 0.20% | 5.45% | -17.07% | 2.26% |
HJEN Direxion Hydrogen ETF | 0.00% | 0.00% | -9.06% | -11.43% | -29.13% | -10.79% |
Correlation
The correlation between 36BA.DE and HJEN is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2021 | 0.16 |
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Return for Risk
36BA.DE vs. HJEN — Risk / Return Rank
36BA.DE
HJEN
36BA.DE vs. HJEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist) (36BA.DE) and Direxion Hydrogen ETF (HJEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 36BA.DE | HJEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.10 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | — | — |
| Martin ratioReturn relative to average drawdown | 2.43 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 36BA.DE | HJEN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | — | — |
Drawdowns
36BA.DE vs. HJEN - Drawdown Comparison
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Drawdown Indicators
| 36BA.DE | HJEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.68% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -3.02% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.31% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.18% | — | — |
Current DrawdownCurrent decline from peak | -10.87% | — | — |
Average DrawdownAverage peak-to-trough decline | -11.35% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | — | — |
Volatility
36BA.DE vs. HJEN - Volatility Comparison
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Volatility by Period
| 36BA.DE | HJEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.83% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.63% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.67% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.09% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.86% | — | — |
36BA.DE vs. HJEN - Expense Ratio Comparison
36BA.DE has a 0.17% expense ratio, which is lower than HJEN's 0.45% expense ratio.
Dividends
36BA.DE vs. HJEN - Dividend Comparison
36BA.DE's dividend yield for the trailing twelve months is around 4.95%, while HJEN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
36BA.DE iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist) | 4.95% | 4.73% | 4.75% | 4.15% | 2.94% | 1.76% | 0.87% |
HJEN Direxion Hydrogen ETF | 0.00% | 0.00% | 0.91% | 1.50% | 1.24% | 0.76% | 0.00% |
Frequently Asked Questions
36BA.DE and HJEN have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 36BA.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
36BA.DE is cheaper with a 0.17% expense ratio, compared with 0.45% for HJEN.
36BA.DE is categorized as Corporate Bonds, while HJEN is Alternative Energy Equities. 36BA.DE tracks Bloomberg MSCI US Corporate Sustainable SRI Index (EUR Hedged), while HJEN tracks Indxx Hydrogen Economy Index - Benchmark TR Net. They also come from different issuers: iShares and Direxion. Their fees differ too: 0.17% for 36BA.DE and 0.45% for HJEN.
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