VanEck Hydrogen Economy UCITS ETF

VanEck Hydrogen Economy UCITS ETF

About

VanEck Hydrogen Economy UCITS ETF (IE00BMDH1538) is a UCITS-compliant ETF tracking the MarketVector Indexes GmbH. With a TER of 0.55%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 21 positions across 9 regions with 188M in assets, with heavy concentration — 60% in Industrials.

ISIN
Fund Size €188.4M
Issuer VanEck
Distribution Re-Invests Dividends
Replication Physical
Inception Mar 2021
Base Currency USD
Index MarketVector Indexes GmbH
Asset Class —

Costs

6.8
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

1.0
With only 21 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
Doosan Fuel Cell Co Ltd
0.13%
#2
Plug Power Inc
0.11%
#3
Bloom Energy Corp
0.11%
#4
Ceres Power Holdings PLC
0.10%
#5
Ballard Power Systems Inc
0.10%
#6
Itm Power Plc
0.07%
#7
Mitsubishi Chemical Group Corp
0.06%
#8
Air Liquide SA
0.05%
#9
Nippon Sanso Holdings Corp
0.05%
#10
Linde PLC
0.05%

Sectors

3.6
This fund is concentrated in just a few of its 4 sectors, reducing diversification.

Regions

7.9
This fund is well-diversified across 10 countries, closely matching the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-04 — 2026-05-29).
22.4%
Volatility
-62.5%
Max Drawdown
0.13
Sharpe Ratio
0.19
Sortino Ratio
0.04
Calmar Ratio
0.33
Beta
-0.48%
Alpha (Jensen's)
0.029
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Broker Availability

Where you can buy this ETF.
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