Bringing you live news and features since 2006 

Global X launches Wind Energy UCITS ETF (WNDY) and Hydrogen UCITS ETF (HYDR)

ETF issuer Global X ETFs has announced the launches of two UCITS ETFs on London Stock Exchange and Deutsche Börse Xetra: the Global X Wind Energy UCITS ETF (WNDY) and the Global X Hydrogen UCITS ETF (HYDR). 

The firm writes that these two sustainable-themed funds represent Global X’s latest additions to its UCITS product line-up in Europe and showcase the firm’s continued commitment to the European market. 

Renewable energy has climbed as a portion of total global energy production over the past decade. Its growth will need to accelerate significantly in the coming decades to meet net-zero emissions goals and curb climate change. Renewables’ share of global electricity generation reached 29 per cent in 2020, 2 per cent more than at the end of 2019 and almost 10 per cent more than at the end of 2010. Decreasing technology costs, innovation and supportive policy have continued to propel the growth of wind and hydro power, and this growth is likely to continue to accelerate over the coming decade.

“The transition to a clean energy future will require tens of trillions of dollars of investment in the coming decade. Renewable and clean energy sources like wind energy are continuing to gain share on fossil fuel-based sources as related technologies become more affordable, and hydrogen will likely play a key role in decarbonising hard-to-electrify sectors like transportation, buildings, and industry,” says Morgane Delledonne, Director of Research, Europe. “Through the launch of these two UCITS ETFs, Global X is bringing investors targeted access to companies involved in advancements in wind energy and hydrogen.”

WNDY and HYDR seek to invest in companies that stand to benefit from the advancement of the global wind energy industry and the global hydrogen industry, respectively. WNDY, tracking the Solactive Wind Energy v2 index and with an expense ratio of 0.50 per cent, provides access to companies involved in wind energy systems, wind power production, wind energy technology, and wind power integrations and maintenance. HYDR, tracking the Solactive Global Hydrogen v2 index and with an expense ratio of 0.50 per cent, provides access to companies involved in hydrogen production; the integration of hydrogen into energy systems; and the development and manufacturing of hydrogen fuel cells, electrolysers, and other technologies related to the utilisation of hydrogen as an energy source.
 

Latest News

Morgan Stanley Investment Management has announced the launch of an ETF platform with the listing of six Calvert ETFs on..
The UK's HM Treasury has published a note saying that the government will set out ambitious plans to ‘robustly regulate..
Digital asset manager CoinShares has announced that CoinShares Digital Securities Limited, the wholly owned subsidiary and Issuer of the CoinShares..
European white labeller HANetf reports that delighted to announce that Sprott Uranium Miners UCITS ETF (URNM) has now passed the..

Related Articles

ETF
We are very pleased to open the voting for service providers (selected by nominations) and ETP issuers, selected by our data partners, Trackinsight, for the European ETF Express Awards, in...
Bitcoin
Osprey Funds’ founder and CEO, Greg King, has written an open letter to Barry Silbert, majority owner of Digital Currency Group which owns Grayscale, suggesting that he uses his powers...
Captain
Comparing multifactor ETFs to the popular Marvel Avengers series may seem a bit of a stretch but recent analysis from Morningstar suggests the investment strategies have more in common with...
Mackenzie
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by