ETF (UCITS compliant)

L&G Hydrogen Economy UCITS ETF

USD Accumulating ETF Class


Price$4.3412 Oct 2023


Fund aim

The L&G Hydrogen Economy UCITS ETF (the "ETF") aims to track the performance of the Solactive Hydrogen Economy Index NTR (the “Index”).

Fund snapshot

  • Long-term allocation

Long-term megatrend that could potentially transform the way we live, work and consume energy

  • High growth potential

Aims to capture the outsized growth potential of the global hydrogen industry

  • Leveraging industry expertise

An index tracking investment strategy that is supported by a team of hydrogen experts

  • Does it have a sustainable objective?

The Fund has a sustainable investment objective as it invests in companies which (i) contribute to environmental objectives, (ii) do not significantly harm any environmental or social objectives, and (iii) follow good governance practices. Further information can be found in the Fund Supplement.

Fund facts

Fund size$444.1m
Base currencyUSD
Fund launch date10 Feb 2021
Share class launch10 Feb 2021
Replication methodPhysical - full replication
ISA eligibleYes
SIPP eligibleYes
UK Fund Reporting statusYes
As at 12 Oct 2023


Solactive Hydrogen Economy Index NTR

Index description

Solactive Hydrogen Economy Index NTR

The Index is designed to provide exposure to equity securities of global companies that are actively engaged in the hydrogen economy. The “hydrogen economy” is the use of hydrogen as a clean, low-carbon energy resource to meet the world’s energy needs.

The Index Universe consists of companies that are actively engaged in the value-chain of the hydrogen industry, which includes value-creating activities within the hydrogen economy such as energy input, production, transport, storage and end-use.

A company is only eligible for inclusion in the Index if it is of a sufficient size (determined by reference to the total market value of its shares that are publically traded) and it is sufficiently "liquid" (a measure of how actively its shares are traded on a daily basis). Moreover, the Index excludes certain companies: (a) that derive substantial revenues from coal mining; (b) involved in the production of controversial weapons; or (c) that, for a continuous period of three years, have been classified as being in breach of at least one of the UN Global Compact principles, which is a set of globally accepted standards on human rights, labour, environment and corruption.

The universe of companies out of which the Index selection is made is refreshed semi-annually in May and November. All constituents of the Index are equally weighted within the Index subject to certain liquidity based weight caps made to ensure that securities with lower liquidity are not overly represented in the Index. On a monthly basis, the weight of each company is assessed and, if any of them exceed 15% of the index, the weights of all companies are adjusted so that they are again equally weighted within the Index.

Index data

Bloomberg codeSOHYDRON
Reuters code.SOHYDRON
TypeNet Total Return
WebsiteGo to website


Performance for the USD Accumulating unit class in USD, launched on 10 February 2021. Source: Lipper. Performance assumes all ETF charges have been taken and that all income generated by the investments, after deduction of tax, remains in the ETF.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date:10 Feb 2021
Benchmark:Solactive Hydrogen Economy Index NTR
Share class launch date:10 Feb 2021
Benchmark:Solactive Hydrogen Economy Index NTR
    Share class launch date:10 Feb 2021
    Benchmark:Solactive Hydrogen Economy Index NTR

    Portfolio breakdown

    Top 10 constituents54.4%
    Rest of Index45.6%
    No. of constituents in Index27

    Top 10 constituents (%)

    Nippon Sanso6.9
    Toyota Motor6.4
    Air Liquide5.1
    Air Products & Chemicals5.1
    Ballard Power Systems4.8

    Sector (%)

    Consumer Discretionary
    Information Technology

    All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. The breakdowns shown relate to the Index. The ETF’s portfolio may deviate from the portfolio of the Index.

    Fund managers

    LGIM Index Fund Management Team headshot

    LGIM Index Fund Management Team

    The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.


    SFDR categorisation

    The sustainable investment objective of the Fund is to provide exposure to the global hydrogen economy. The Fund is passively managed and seeks to achieve its investment objective by tracking the  performance of the Solactive Hydrogen Economy Index NTR (the “Index”). The Index is a reference benchmark that has been designated for the purpose of attaining the sustainable investment objective of the Fund.



    Pricing information

    Price time16:00 EST (NY)
    Monthly price history

    Listings and codes


    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    London Stock Exchange
    GBPHTWGIE00BMYDM794HTWG LNHTWG.L10/02/202108:00 - 16:30
    London Stock Exchange
    USDHTWOIE00BMYDM794HTWO LNHTWO.L10/02/202108:00 - 16:30
    Borsa Italiana
    EURHTWOIE00BMYDM794HTWO IMHTWO.MI10/02/202109:00 - 17:30
    Deutsche Börse Xetra
    EURHTMWIE00BMYDM794HTMW GYHTWO.DE10/02/202109:00 - 17:30
    SIX Swiss Exchange
    CHFHTWOIE00BMYDM794HTWO SWHTWO.S10/02/202109:00 - 17:30
    Bolsa Mexicana
    MXNHTWOIE00BMYDM794HTWO MMHTWO.MX21/07/202209:00 - 17:30



    Dealing information

    IssuerLegal & General UCITS ETF Plc
    Depositary and TrusteeThe Bank of New York Mellon SA/NV, Dublin Branch
    Securities regulatorCentral Bank of Ireland

    Country registration

    This share class is registered for sale in the following countries:

    United Kingdom

    *The Fund is on the list of restricted collective investment schemes, but is not authorised or recognised by the Monetary Authority of Singapore (the “MAS”) and the Shares cannot be offered or marketed to retail clients.