HYDR vs. HTMW.DE

Last updated Jun 5, 2026

HYDR (Global X Hydrogen ETF) and HTMW.DE (Legal & General Hydrogen Economy UCITS ETF) are both Alternative Energy Equities funds - HYDR tracks the Solactive Global Hydrogen Index - Benchmark TR Net while HTMW.DE tracks the Solactive Hydrogen Economy Index NTR. Both are passively managed. Over the past 3 years, HYDR returned 14.46%/yr vs 23.58%/yr for HTMW.DE. A 0.74 correlation means they provide meaningful diversification when combined. HYDR charges 0.50%/yr vs 0.49%/yr for HTMW.DE.

Performance

HYDR vs. HTMW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Hydrogen ETF (HYDR) and Legal & General Hydrogen Economy UCITS ETF (HTMW.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

HYDR is traded in USD, while HTMW.DE is traded in EUR. To make them comparable, the HTMW.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, HYDR achieves a 101.95% return, which is significantly higher than HTMW.DE's 53.01% return.

HYDR

• 1D: -3.90%
• 1M: 2.47%
• YTD: 101.95%
• 6M: 76.41%
• 1Y: 232.59%
• 3Y*: 14.46%
• 5Y*: —
• 10Y*: —

HTMW.DE

• 1D: -1.15%
• 1M: 2.53%
• YTD: 53.01%
• 6M: 48.29%
• 1Y: 109.58%
• 3Y*: 23.58%
• 5Y*: 1.33%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYDR vs. HTMW.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HYDR Global X Hydrogen ETF	101.95%	43.73%	-33.08%	-36.49%	-47.24%	-13.89%
HTMW.DE Legal & General Hydrogen Economy UCITS ETF	53.01%	41.50%	-8.01%	-3.57%	-36.62%	-7.28%

Correlation

The correlation between HYDR and HTMW.DE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021	0.74

The correlation between HYDR and HTMW.DE has been stable across timeframes, ranging from 0.71 to 0.74 - a consistent structural relationship.

Return for Risk

HYDR vs. HTMW.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYDR

HYDR Risk / Return Rank: 91
HYDR Sharpe Ratio Rank: 96
HYDR Sortino Ratio Rank: 92
HYDR Omega Ratio Rank: 85
HYDR Calmar Ratio Rank: 95
HYDR Martin Ratio Rank: 87

HTMW.DE

HTMW.DE Risk / Return Rank: 91
HTMW.DE Sharpe Ratio Rank: 94
HTMW.DE Sortino Ratio Rank: 91
HTMW.DE Omega Ratio Rank: 87
HTMW.DE Calmar Ratio Rank: 94
HTMW.DE Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HYDR vs. HTMW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Hydrogen ETF (HYDR) and Legal & General Hydrogen Economy UCITS ETF (HTMW.DE). 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.

	HYDR	HTMW.DE	Difference
Sharpe ratio: Return per unit of total volatility	4.32	3.56	+0.76
Sortino ratio: Return per unit of downside risk	4.37	4.16	+0.20
Omega ratio: Gain probability vs. loss probability	1.52	1.52	0.00
Calmar ratio: Return relative to maximum drawdown	7.87	7.32	+0.55
Martin ratio: Return relative to average drawdown	18.50	20.80	-2.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYDR vs. HTMW.DE - Sharpe Ratio Comparison

The current HYDR Sharpe Ratio is 4.32, which is comparable to the HTMW.DE Sharpe Ratio of 3.56. The chart below compares the historical Sharpe Ratios of HYDR and HTMW.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HYDR	HTMW.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.32	3.56	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.24	-0.11	-0.13

Drawdowns

HYDR vs. HTMW.DE - Drawdown Comparison

The maximum HYDR drawdown since its inception was -89.28%, which is greater than HTMW.DE's maximum drawdown of -67.42%. Use the drawdown chart below to compare losses from any high point for HYDR and HTMW.DE.

Drawdown Indicators

	HYDR	HTMW.DE	Difference
Max Drawdown Largest peak-to-trough decline	-89.28%	-67.42%	-21.86%
Max Drawdown (1Y) Largest decline over 1 year	-29.76%	-14.90%	-14.86%
Max Drawdown (3Y) Largest decline over 3 years	-70.32%	-33.21%	-37.11%
Max Drawdown (5Y) Largest decline over 5 years	—	-59.88%	—
Current Drawdown Current decline from peak	-53.63%	-15.47%	-38.16%
Average Drawdown Average peak-to-trough decline	-64.20%	-47.09%	-17.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.64%	5.25%	+7.39%

Volatility

HYDR vs. HTMW.DE - Volatility Comparison

Global X Hydrogen ETF (HYDR) has a higher volatility of 18.28% compared to Legal & General Hydrogen Economy UCITS ETF (HTMW.DE) at 11.69%. This indicates that HYDR's price experiences larger fluctuations and is considered to be riskier than HTMW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYDR	HTMW.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.28%	11.69%	+6.59%
Volatility (6M) Calculated over the trailing 6-month period	35.72%	20.22%	+15.50%
Volatility (1Y) Calculated over the trailing 1-year period	54.22%	30.62%	+23.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.24%	28.47%	+18.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.24%	28.63%	+18.61%

HYDR vs. HTMW.DE - Expense Ratio Comparison

HYDR has a 0.50% expense ratio, which is higher than HTMW.DE's 0.49% expense ratio.

Dividends

HYDR vs. HTMW.DE - Dividend Comparison

HYDR's dividend yield for the trailing twelve months is around 1.89%, while HTMW.DE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
HTMW.DE Legal & General Hydrogen Economy UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HYDR Global X Hydrogen ETF	1.89%	3.82%	0.40%	0.00%	0.00%	0.06%

Frequently Asked Questions

Can I hold both HYDR and HTMW.DE in my portfolio?

HYDR and HTMW.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HYDR or HTMW.DE?

On fees, HTMW.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYDR or HTMW.DE?

HTMW.DE is cheaper with a 0.49% expense ratio, compared with 0.50% for HYDR.

What is the main difference between HYDR and HTMW.DE?

HYDR tracks Solactive Global Hydrogen Index - Benchmark TR Net, while HTMW.DE tracks Solactive Hydrogen Economy Index NTR. They also come from different issuers: Global X and Legal & General. Their fees differ too: 0.50% for HYDR and 0.49% for HTMW.DE.