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MVIS Licensed the BlueStar Hydrogen and NextGen Fuel Cell Index to Defiance ETFs

By March 10, 2021 2   min read  (206 words)

March 10, 2021 |

Fuel cells works, MVIS Licensed the BlueStar Hydrogen and NextGen Fuel Cell Index to Defiance ETFs

MV Index Solutions GmbH (MVIS®) announced the licensing of the BlueStar Hydrogen and NextGen Fuel Cell Index (ticker: BHDRO) to Defiance ETFs for the use in a next generation ETF that offers retail clients exposure to companies involved in the development of hydrogen-based energy sources and fuel technologies.

Josh Kaplan, Global Head of Research at MV Index Solutions: We are pleased to license our Hydrogen and NextGen Fuel Cell Index to Defiance ETFs, providing their new fund with pure-play benchmark for this transformative clean-energy-related theme

”With this index we add to our family of broad and pure-play clean energy thematic indices,” he added.

Defiance ETFs President Paul Dellaquila said: We’re already starting to see hydrogen take on a larger role as a viable energy source. “We believe that as governments and corporations continue to demand renewable energy sources and adopt more environment-friendly policies, Hydrogen will be a pivotal resource to help fuel a cleaner economy.”

The BlueStar Hydrogen and NextGen Fuel Cell Index (ticker: BHDRO), launched on 09 March 2021, is a global index that tracks the performance of the global hydrogen and fuel cell segment. Due to the lack of pure-play companies in the global hydrogen and fuel cell segments, this includes pure-play and non-pure-play companies.

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