RISE Hydrogen Economy ETF Surges, Reflecting Global Eco-Friendly Policy Strength
Key Ideas
- KB Asset Management's 'RISE Hydrogen Economy Theme ETF' has seen a remarkable 64.83% return in the last six months, outperforming other eco-friendly theme ETFs in Korea.
- The ETF's success is attributed to the rise in global eco-friendly policies, along with increased stock prices of major hydrogen companies in the US and Korea.
- Investing in key domestic hydrogen companies, the ETF covers various industrial sectors such as production, storage, distribution, power generation, and vehicles.
- Hydrogen energy's advantages include high power generation efficiency, energy density, and environmental friendliness, positioning it as a significant energy source for the future amid carbon neutrality goals.
KB Asset Management's 'RISE Hydrogen Economy Theme ETF' in Korea has gained significant attention for its exceptional performance, with a 64.83% return in the last six months. This success is driven by the strengthening of global eco-friendly policies and the surge in stock prices of major hydrogen fuel cell and infrastructure companies in the US and Korea. The ETF invests in key domestic players across the hydrogen value chain, allowing exposure to different industrial sectors. Hydrogen energy, known for its environmental benefits and high energy efficiency, is expected to play a crucial role in the energy mix as the world moves towards carbon neutrality. The ETF is seen as a reflection of the growth in the hydrogen industry and ESG investment trends, positioning itself to benefit from policy support and global industrial shifts.