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NASDAQ · ETF

Invest in HYDR ETF from India

Indian and foreign residents can buy Global X - Hydrogen ETF (HYDR) units directly through Paasa.

By Paasa · Updated

HYDR at a glance

Price
$44.19+$1.28 (2.97%)
Expense ratio
0.5%
Day range
$43.00 – $44.58
Assets
$94.2M
Domicile
the US
Holdings
25
Launched
2021
Dividends
Distributing
1 month
+1.81%
6 months
+23.60%
YTD
+36.80%
1 year
+32.53%
5 years
-59.29%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1BLOOM ENERGY CORP- ABE18.5%
  2. 2DOOSAN FUEL CELL CO LTD336260.KS10.9%
  3. 3PLUG POWER INCPLUG9.3%
  4. 4CERES POWER HOLDINGS PLCCWR.L7.5%
  5. 5SFC ENERGY AG-BRF3C.DE6.3%
  6. 6FUELCELL ENERGY INCFCEL5.1%
  7. 7NEL ASANEL.OL4.2%
  8. 8VINA TECH CO LTD4.1%
  9. 9ITM POWER PLCITM.L4.0%
  10. 10BALLARD POWER SYSTEMS INCBLDP3.2%

HYDR holds 25 securities in total. These 10 are 73.2% of the fund.

Where the money is invested

Sectors

  • Industrials82.0%
  • Consumer Cyclical7.6%
  • Basic Materials5.7%
  • Technology4.7%

Countries

  • United States38.9%
  • United Kingdom16.9%
  • Korea (the Republic of)14.7%
  • Other7.2%
  • Germany6.3%
  • Norway4.2%

Similar funds

FundExpense ratioAssets
HYGNLSEGlobal X - Hydrogen UCITS ETF0.5%37.0M

Assets are shown in each fund's own reporting currency.

How to invest in HYDR from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Step 3

    Search HYDR and buy

    Find the fund by its ticker, HYDR, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Why invest in HYDR from India

What HYDR holds

The Global X Hydrogen ETF (HYDR) is designed to replicate the financial performance, specifically the capital appreciation and income generated, of the Solactive Global Hydrogen Index. This objective is pursued prior to the deduction of the ETF's own fees and operating expenses.

Hold a dollar asset

HYDR is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a unit

Buy by amount, not by unit, and get the matching fraction of one HYDR unit. There is no minimum trade size.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.

US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.

A UCITS ETF tracking a similar market sits outside US estate tax.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy HYDR from India?

Yes. Indian residents can buy Global X - Hydrogen ETF (HYDR) through Paasa. It is listed on NASDAQ and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.

What does HYDR invest in?

Global X - Hydrogen ETF holds 25 securities. Its largest holdings are BLOOM ENERGY CORP- A (18.5%), DOOSAN FUEL CELL CO LTD (10.9%) and PLUG POWER INC (9.3%). Industrials is its largest sector at 82.0%. It is a distributing fund domiciled in the US.

What is the expense ratio of HYDR?

Global X - Hydrogen ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $94.2M.

How are HYDR dividends taxed in India?

Global X - Hydrogen ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

What tax do I pay in India when I sell HYDR?

The US does not levy capital gains tax on shares for Indian residents. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Can I buy a fraction of one HYDR unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $44.19, and there is no minimum trade size.

What happens to my HYDR units if I pass away?

US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

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