HDRO.L vs. TREG.L
Compare and contrast key facts about VanEck Hydrogen Economy UCITS ETF (HDRO.L) and VanEck Global Real Estate UCITS ETF (TREG.L).
HDRO.L and TREG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDRO.L is a passively managed fund by VanEck that tracks the performance of the MVIS Global Hydrogen Economy ESG Index. It was launched on Mar 26, 2021. TREG.L is a passively managed fund by VanEck that tracks the performance of the FTSE EPRA Nareit Global TR USD. It was launched on Apr 14, 2011. Both HDRO.L and TREG.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HDRO.L vs. TREG.L - Performance Comparison
Loading graphics...
HDRO.L vs. TREG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HDRO.L VanEck Hydrogen Economy UCITS ETF | 14.51% | 17.70% | -29.88% | -23.67% | -38.95% | -21.57% |
TREG.L VanEck Global Real Estate UCITS ETF | 1.31% | 14.67% | 1.06% | 13.32% | -25.67% | 21.97% |
Different Trading Currencies
HDRO.L is traded in USD, while TREG.L is traded in GBP. To make them comparable, the TREG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HDRO.L achieves a 14.51% return, which is significantly higher than TREG.L's 1.31% return.
HDRO.L
- 1D
- 3.72%
- 1M
- -2.25%
- YTD
- 14.51%
- 6M
- 0.15%
- 1Y
- 62.24%
- 3Y*
- -11.00%
- 5Y*
- —
- 10Y*
- —
TREG.L
- 1D
- 1.45%
- 1M
- -7.40%
- YTD
- 1.31%
- 6M
- 1.26%
- 1Y
- 9.85%
- 3Y*
- 10.23%
- 5Y*
- 3.82%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HDRO.L vs. TREG.L - Expense Ratio Comparison
HDRO.L has a 0.55% expense ratio, which is higher than TREG.L's 0.25% expense ratio.
Return for Risk
HDRO.L vs. TREG.L — Risk / Return Rank
HDRO.L
TREG.L
HDRO.L vs. TREG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Hydrogen Economy UCITS ETF (HDRO.L) and VanEck Global Real Estate UCITS ETF (TREG.L). 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.
| HDRO.L | TREG.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.81 | 0.65 | +1.16 |
Sortino ratioReturn per unit of downside risk | 2.44 | 0.96 | +1.48 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.13 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.50 | 0.89 | +1.61 |
Martin ratioReturn relative to average drawdown | 5.91 | 3.53 | +2.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HDRO.L | TREG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.81 | 0.65 | +1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.23 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.50 | 0.23 | -0.73 |
Correlation
The correlation between HDRO.L and TREG.L is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HDRO.L vs. TREG.L - Dividend Comparison
HDRO.L has not paid dividends to shareholders, while TREG.L's dividend yield for the trailing twelve months is around 3.44%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HDRO.L VanEck Hydrogen Economy UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TREG.L VanEck Global Real Estate UCITS ETF | 3.44% | 3.57% | 3.48% | 3.64% | 4.54% | 1.82% | 4.49% | 3.41% |
Drawdowns
HDRO.L vs. TREG.L - Drawdown Comparison
The maximum HDRO.L drawdown since its inception was -81.30%, which is greater than TREG.L's maximum drawdown of -41.87%. Use the drawdown chart below to compare losses from any high point for HDRO.L and TREG.L.
Loading graphics...
Drawdown Indicators
| HDRO.L | TREG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.30% | -35.66% | -45.64% |
Max Drawdown (1Y)Largest decline over 1 year | -24.66% | -10.26% | -14.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.89% | — |
Current DrawdownCurrent decline from peak | -65.72% | -7.32% | -58.40% |
Average DrawdownAverage peak-to-trough decline | -54.07% | -10.54% | -43.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.45% | 2.59% | +7.86% |
Volatility
HDRO.L vs. TREG.L - Volatility Comparison
VanEck Hydrogen Economy UCITS ETF (HDRO.L) has a higher volatility of 8.71% compared to VanEck Global Real Estate UCITS ETF (TREG.L) at 4.93%. This indicates that HDRO.L's price experiences larger fluctuations and is considered to be riskier than TREG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HDRO.L | TREG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.71% | 4.93% | +3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 25.75% | 8.71% | +17.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.22% | 15.11% | +19.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.02% | 16.65% | +21.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.02% | 19.20% | +18.82% |