HDRO vs. VDE
Compare and contrast key facts about Defiance Next Gen H2 ETF (HDRO) and Vanguard Energy ETF (VDE).
HDRO and VDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDRO is a passively managed fund by Defiance ETFs that tracks the performance of the BlueStar Hydrogen & NextGen Fuel Cell Index. It was launched on Mar 9, 2021. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004. Both HDRO and VDE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDRO or VDE.
Key characteristics
| HDRO | VDE | |
|---|---|---|
| YTD Return | -40.27% | 15.84% |
| 1Y Return | -37.54% | 15.46% |
| 3Y Return (Ann) | -46.60% | 21.98% |
| Sharpe Ratio | -1.05 | 0.84 |
| Sortino Ratio | -1.53 | 1.23 |
| Omega Ratio | 0.83 | 1.15 |
| Calmar Ratio | -0.42 | 1.12 |
| Martin Ratio | -1.60 | 2.72 |
| Ulcer Index | 23.02% | 5.56% |
| Daily Std Dev | 34.92% | 18.09% |
| Max Drawdown | -86.99% | -74.16% |
| Current Drawdown | -86.94% | -1.35% |
Correlation
The correlation between HDRO and VDE is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HDRO vs. VDE - Performance Comparison
In the year-to-date period, HDRO achieves a -40.27% return, which is significantly lower than VDE's 15.84% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HDRO vs. VDE - Expense Ratio Comparison
HDRO has a 0.30% expense ratio, which is higher than VDE's 0.10% expense ratio.
Risk-Adjusted Performance
HDRO vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Next Gen H2 ETF (HDRO) and Vanguard Energy ETF (VDE). 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.
Dividends
HDRO vs. VDE - Dividend Comparison
HDRO's dividend yield for the trailing twelve months is around 0.04%, less than VDE's 3.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDRO Defiance Next Gen H2 ETF | 0.04% | 0.03% | 0.00% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDE Vanguard Energy ETF | 3.03% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% | 1.74% |
Drawdowns
HDRO vs. VDE - Drawdown Comparison
The maximum HDRO drawdown since its inception was -86.99%, which is greater than VDE's maximum drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for HDRO and VDE. For additional features, visit the drawdowns tool.
Volatility
HDRO vs. VDE - Volatility Comparison
Defiance Next Gen H2 ETF (HDRO) has a higher volatility of 13.13% compared to Vanguard Energy ETF (VDE) at 5.04%. This indicates that HDRO's price experiences larger fluctuations and is considered to be riskier than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.