Defiance Rings Closing Bell at NYSE in Honor of $HDRO, The First Hydrogen ETF Listed in the U.S.

Rhea-AI Summary

Defiance ETFs CEO Sylvia Jablonski rang the Closing Bell at the NYSE to honor HDRO, The Hydrogen ETF. With the recent partnership between Plug Power and Amazon focusing on green hydrogen, the significance of hydrogen in clean energy is heightened. HDRO features a low expense ratio of 0.30%, providing investors access to companies in hydrogen energy development. The fund tracks the BlueStar Global Hydrogen & Next Gen Fuel Cell Index, reflecting performance in the hydrogen sector.

Positive

• Partnership between Plug Power and Amazon enhances interest in hydrogen energy.
• HDRO's expense ratio of 0.30% is competitive for investors.
• The ETF tracks a specific index focused on hydrogen and fuel cell companies.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Today, Defiance ETFs CEO Sylvia Jablonski will be ringing the Closing Bell at the NYSE in honor of HDRO, The Hydrogen ETF.

$HDRO The Defiance Hydrogen ETF

“Hydrogen is becoming essential in the global fight against climate change. With the news of Plug Power and Amazon finalizing an industry-changing deal, where the leading fuel cell maker will power a portion of Amazon’s operations with green hydrogen, hydrogen has become a core asset class when it comes to clean energy,” says Sylvia Jablonski, CEO at Defiance ETFs.

$HDRO, with an expense ratio of 0.30%, gives investors exposure to companies involved in the development of hydrogen-based energy sources.

Index Description: The BlueStar Global Hydrogen & Next Gen Fuel Cell Index is rules- based and tracks the performance of a group of globally listed equities in the hydrogen and fuel cell segment.

About Defiance ETFs Defiance’s dynamic suite of first-mover thematic ETFs allows retail and institutional investors to express a targeted view on dynamic sectors that are leading the way in disruptive innovations.

Investing involves risk. Principal loss is possible. The Defiance ETFs are distributed by Foreside Fund Services, LLC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220830005331/en/

Media Inquiries: Julia Stoll, MacMillan Communications

(212) 473-4442 julia@macmillancom.com

Source: Defiance ETFs

FAQ

What is the significance of the partnership between Plug Power and Amazon for HDRO?

The partnership focuses on using green hydrogen, spotlighting hydrogen as a vital asset in clean energy, which directly benefits HDRO.

What is the expense ratio of HDRO?

HDRO has an expense ratio of 0.30%, making it competitive in the ETF market.

How does HDRO track its investments?

HDRO tracks the BlueStar Global Hydrogen & Next Gen Fuel Cell Index, reflecting the performance of hydrogen-related equities.

Who represents Defiance ETFs at the NYSE Closing Bell event?

Defiance ETFs CEO Sylvia Jablonski rang the Closing Bell at the NYSE in honor of HDRO.

What type of companies does HDRO invest in?

HDRO invests in companies involved in the development of hydrogen-based energy sources.