Global X Ownership
| HYDR Etf | USD 24.62 0.12 0.49% |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Global |
Global Etf Ownership Analysis
Global X is is formed as Regulated Investment Company in the United States. ETF is managed and operated by Global X Management Company LLC. The fund has 29 constituents across multiple sectors and instustries. The fund charges 0.0 percent management fee with a total expences of 0.0 percent of total asset. The fund retains 99.97% of assets under management (AUM) in equities. The fund invests at least 80 percent of its total assets, plus borrowings for investments purposes , in the securities of the index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the index. Gx Hydrogen is traded on NASDAQ Exchange in the United States. To learn more about Global X Hydrogen call the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global X , and the less return is expected.
Currency Exposure (%)
Investment Allocations (%)
Top Etf Constituents
| GREENH | Green Hydrogen Systems | Stock | |
| 000150 | Doosan | Stock | |
| ITM | ITM Power | Stock | |
| HY | Hyster Yale Materials Handling | Stock | |
| APD | Air Products and | Stock | |
| QC8 | AFC Energy plc | Stock | |
| OPM | OPmobility SE | Stock | |
| BE | Bloom Energy Corp | Stock | |
| 336260 | Doosan Fuel Cell | Stock | |
| PCELL | Powercell Sweden | Stock | |
| 271940 | Iljin HySolus Co | Stock | |
| NFI | NFI Group | Stock | |
| PLUG | Plug Power | Stock | |
| JMAT | Johnson Matthey PLC | Stock | |
| F3C | SFC Energy AG | Stock | |
| BLDP | Ballard Power Systems | Stock | |
| CWR | Ceres Power Holdings | Stock | |
| CMI | Cummins | Stock | |
| HPUR | Hexagon Purus As | Stock | |
| NEL | Nel ASA | Stock | |
| CAVEN | Cavendish Hydrogen ASA | Stock |
Global X Outstanding Bonds
Global X issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Global X Hydrogen uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Global bonds can be classified according to their maturity, which is the date when Global X Hydrogen has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| GLOBAL PARTNERS LP Corp BondUS37954FAG90 | View | |
| US37954FAJ30 Corp BondUS37954FAJ30 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| US37959EAA01 Corp BondUS37959EAA01 | View | |
| GL 48 15 JUN 32 Corp BondUS37959EAB83 | View | |
| US37959GAA58 Corp BondUS37959GAA58 | View | |
| US37959GAC15 Corp BondUS37959GAC15 | View |
Pair Trading with Global X
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global X position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global X will appreciate offsetting losses from the drop in the long position's value.Moving together with Global Etf
| 0.67 | ICLN | iShares Global Clean | PairCorr |
| 0.64 | TAN | Invesco Solar ETF | PairCorr |
| 0.7 | QCLN | First Trust NASDAQ | PairCorr |
Moving against Global Etf
| 0.73 | FNTC | Direxion | PairCorr |
| 0.53 | IVH | IVH | PairCorr |
| 0.46 | MAGS | Roundhill Magnificent | PairCorr |
| 0.44 | IPAY | Amplify ETF Trust | PairCorr |
| 0.44 | PXMV | Invesco SP MidCap | PairCorr |
The ability to find closely correlated positions to Global X could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global X when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global X - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global X Hydrogen to buy it.
The correlation of Global X is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global X moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global X Hydrogen moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Global X can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global X Hydrogen. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of Global X Hydrogen is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global X's market value can be influenced by many factors that don't directly affect Global X's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.