CNRG vs HYDR

CNRGBState Street SPDR S&P Kensho Clean Power ETF

HYDRCGlobal X Hydrogen ETF

In short

CNRG A focused read on clean power: about 40 global stocks tracked to an S&P Kensho index, at a fee below the clean-energy midpoint. Small fund, sharp mandate, one of the stronger builds in the theme.

HYDR Clean energy with the solar panels stripped out. HYDR is a global, roughly 25-stock basket built around hydrogen alone: production, electrolyzers, fuel cells, and the gear that wires it into the energy system.

Stated mandate

CNRG The fund seeks to provide investment results that generally correspond to the total return performance of the S&P Kensho Clean Power Index before fees and expenses.

HYDR HYDR targets companies expected to benefit from the global hydrogen industry's development, including hydrogen production, energy-system integration, fuel cells, electrolyzers, and related hydrogen-use technologies.

Why people hold it

• CNRG Charges 0.45% a year, under the 0.59% median for clean-energy funds and below pricier peers like FAN (0.61%) and ACES (0.55%).
• About 40 holdings, so each name carries real weight. This is a concentrated take on clean power, not a broad index with a green label stapled on.
• Rules-based and global: it tracks the S&P Kensho Clean Power Index rather than leaving the theme to a manager's judgment.ssga.com
• Live since 2018, giving it a longer record through the theme's boom and bust than most clean-energy launches.

• HYDR A true pure play. It tracks the Solactive Global Hydrogen Index, so you get hydrogen producers, fuel cells and electrolyzers rather than a broad clean-energy mix.globalxetfs.com
• 0.50% a year, which undercuts the typical clean-energy ETF fee. Cheap for a niche, single-technology theme.
• The mandate is global, not US-only, which matters when much of the hydrogen supply chain sits in Europe and Asia.globalxetfs.com
• Live since 2021, and one of the stronger builds in the upper half of its clean-energy peer group.

Worth knowing

• CNRG Thinly traded compared with the theme's headline funds, which can mean wider bid-ask spreads at the moment you transact.
• A concentrated slice of one policy-sensitive sector. Swings run harder than a broad equity fund's, in both directions.
• Distributions come quarterly, but yield is incidental here. The fund is built around the clean-power theme, not payout.

• HYDR Around 25 stocks tied to one technology. That concentration cuts both ways, and moves are typically sharper than a diversified clean-energy fund's.
• Broad clean-energy options like ICLN and FRNW run 0.39%, so the hydrogen focus carries a modest fee premium.
• Distributions land once or twice a year at most. This is a growth theme, not an income engine.

Full CNRG profile⁠

Full HYDR profile⁠