The fund follows a rules-based index that assesses the performance of publicly traded companies worldwide. These firms are involved in the creation of hydrogen-based energy sources and fuel cell technologies. Typically, at least 80% of the fund's net assets (plus any borrowed funds for investment) will be directed toward these hydrogen-centric businesses. It is categorized as a non-diversified investment.

Ballard Power Systems Inc.

Bloom Energy Corporation

FuelCell Energy, Inc.

Plug Power Inc.

Linde plc

Air Products and Chemicals, Inc.

Industrials

Basic Materials

Consumer Cyclical

Defiance Next Gen H2 ETF

HDRO Holdings & Sector Breakdown

HDRO Holdings & Sector Breakdown