REMX vs. HJEN
Compare and contrast key facts about VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Direxion Hydrogen ETF (HJEN).
REMX and HJEN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. REMX is a passively managed fund by VanEck that tracks the performance of the MVIS Global Rare Earth/Strategic Metals Index. It was launched on Oct 27, 2010. HJEN is a passively managed fund by Direxion that tracks the performance of the Indxx Hydrogen Economy Index - Benchmark TR Net. It was launched on Mar 25, 2021. Both REMX and HJEN 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: REMX or HJEN.
Performance
REMX vs. HJEN - Performance Comparison
Returns By Period
REMX
-25.95%
-2.86%
-19.82%
-19.37%
5.65%
-2.47%
HJEN
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| REMX | HJEN |
|---|
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REMX vs. HJEN - Expense Ratio Comparison
REMX has a 0.59% expense ratio, which is higher than HJEN's 0.45% expense ratio.
Correlation
The correlation between REMX and HJEN is 0.55, 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.
Risk-Adjusted Performance
REMX vs. HJEN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) and Direxion Hydrogen ETF (HJEN). 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
REMX vs. HJEN - Dividend Comparison
Neither REMX nor HJEN has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REMX VanEck Vectors Rare Earth/Strategic Metals ETF | 0.00% | 0.00% | 1.56% | 5.25% | 0.81% | 1.60% | 12.43% | 2.89% | 2.23% | 4.77% | 1.53% | 0.23% |
HJEN Direxion Hydrogen ETF | 102.11% | 1.50% | 1.12% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
REMX vs. HJEN - Drawdown Comparison
Volatility
REMX vs. HJEN - Volatility Comparison
VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) has a higher volatility of 10.28% compared to Direxion Hydrogen ETF (HJEN) at 0.00%. This indicates that REMX's price experiences larger fluctuations and is considered to be riskier than HJEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.