HYDR vs. HGEN
Compare and contrast key facts about Global X Hydrogen ETF (HYDR) and Humanigen, Inc. (HGEN).
HYDR is a passively managed fund by Global X that tracks the performance of the Solactive Global Hydrogen Index - Benchmark TR Net. It was launched on Jul 12, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYDR or HGEN.
Key characteristics
| HYDR | HGEN |
|---|
Correlation
The correlation between HYDR and HGEN is 0.32, 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
HYDR vs. HGEN - Performance Comparison
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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Risk-Adjusted Performance
HYDR vs. HGEN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Hydrogen ETF (HYDR) and Humanigen, Inc. (HGEN). 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
HYDR vs. HGEN - Dividend Comparison
Neither HYDR nor HGEN has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
HYDR Global X Hydrogen ETF | 0.00% | 0.00% | 0.00% | 0.06% |
HGEN Humanigen, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HYDR vs. HGEN - Drawdown Comparison
Volatility
HYDR vs. HGEN - Volatility Comparison
Global X Hydrogen ETF (HYDR) has a higher volatility of 13.55% compared to Humanigen, Inc. (HGEN) at 0.00%. This indicates that HYDR's price experiences larger fluctuations and is considered to be riskier than HGEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.