RACK vs. HYDR

Last updated Jun 25, 2026

RACK (VanEck Data Center Supply Chain ETF) and HYDR (Global X Hydrogen ETF) are both exchange-traded funds - RACK is a Technology Equities fund tracking the MarketVector Data Center Supply Chain Index, while HYDR is a Alternative Energy Equities fund tracking the Solactive Global Hydrogen Index - Benchmark TR Net. Both are passively managed. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

RACK vs. HYDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Data Center Supply Chain ETF (RACK) and Global X Hydrogen ETF (HYDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RACK

• 1D: -0.75%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYDR

• 1D: -3.06%
• 1M: -27.06%
• YTD: 63.57%
• 6M: 56.73%
• 1Y: 142.91%
• 3Y*: 6.94%
• 5Y*: —
• 10Y*: —

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

RACK vs. HYDR - Yearly Performance Comparison

	2026 (YTD)
RACK VanEck Data Center Supply Chain ETF	-2.60%
HYDR Global X Hydrogen ETF	-24.48%

Correlation

The correlation between RACK and HYDR is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 2, 2026	0.87

Return for Risk

RACK vs. HYDR — Risk / Return Rank

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

RACK

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

HYDR

HYDR Risk / Return Rank: 78
HYDR Sharpe Ratio Rank: 88
HYDR Sortino Ratio Rank: 79
HYDR Omega Ratio Rank: 71
HYDR Calmar Ratio Rank: 89
HYDR Martin Ratio Rank: 65

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.

RACK vs. HYDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Data Center Supply Chain ETF (RACK) and Global X Hydrogen ETF (HYDR). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RACK	HYDR	Difference
Sharpe ratio: Return per unit of total volatility	—	2.59	—
Sortino ratio: Return per unit of downside risk	—	3.12	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	4.83	—
Martin ratio: Return relative to average drawdown	—	10.38	—

Drawdowns

RACK vs. HYDR - Drawdown Comparison

The maximum RACK drawdown since its inception was -12.62%, smaller than the maximum HYDR drawdown of -89.28%. Use the drawdown chart below to compare losses from any high point for RACK and HYDR.

Drawdown Indicators

	RACK	HYDR	Difference
Max Drawdown Largest peak-to-trough decline	-12.62%	-89.28%	+76.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-29.76%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-70.32%	—
Current Drawdown Current decline from peak	-6.03%	-62.44%	+56.41%
Average Drawdown Average peak-to-trough decline	-4.54%	-64.12%	+59.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.83%	—

Volatility

Volatility by Period

	RACK	HYDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	56.99%	55.53%	+1.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.99%	47.51%	+9.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.99%	47.51%	+9.48%

RACK vs. HYDR - Expense Ratio Comparison

Both RACK and HYDR have an expense ratio of 0.50%.

Dividends

RACK vs. HYDR - Dividend Comparison

RACK has not paid dividends to shareholders, while HYDR's dividend yield for the trailing twelve months is around 2.33%.

Position	TTM	2025	2024	2023	2022	2021
HYDR Global X Hydrogen ETF	2.33%	3.82%	0.40%	0.00%	0.00%	0.06%
RACK VanEck Data Center Supply Chain ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RACK and HYDR in my portfolio?

RACK and HYDR have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RACK or HYDR?

Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RACK or HYDR?

RACK and HYDR have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, RACK or HYDR?

HYDR has the higher dividend yield at 2.33%, compared with 0.00% for RACK.

What is the main difference between RACK and HYDR?

RACK is categorized as Technology Equities, while HYDR is Alternative Energy Equities. RACK tracks MarketVector Data Center Supply Chain Index, while HYDR tracks Solactive Global Hydrogen Index - Benchmark TR Net. They also come from different issuers: VanEck and Global X.