# VanEck Hydrogen Economy UCITS ETF Accum A USD (HDGB) **Source:** https://fundology.uk/fund/hdgb · ISIN IE00BMDH1538 · Data: TradingView (LSE closes and returns, delayed), issuer documents and holdings (VanEck), ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 05/10/2026, HDGB (VanEck Hydrogen Economy UCITS ETF Accum A USD, ISIN IE00BMDH1538) closed at £6.56 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the three years to 05/10/2026 its total return was +1.6%, or −8.3% after UK CPIH inflation. ## Summary VanEck Hydrogen Economy UCITS ETF Accum A USD is an exchange-traded fund (ETF) from VanEck, launched in 2021. It tracks the MVIS Global Hydrogen Economy Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£6.56** (05/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HDGB | | ISIN | IE00BMDH1538 | | Category | Sustainable & clean energy | | Type | ETF | | Provider | VanEck | | Tracks | MVIS Global Hydrogen Economy Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.55% a year (£55 per £10,000) | | Fund size | £60.8m | | Launched | 2021 | | Domicile | Ireland | ## Past returns (periods to 05/10/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +15.46% | +11.84% | income reinvested | | 3 years | +1.65% | -8.28% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of VanEck Hydrogen Economy UCITS ETF Accum A USD 0.55% a year, as of 03/10/2026: 29 of the 165 other sustainable and clean-energy funds charge more, 3 the same and 133 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.55%** per year - ISA eligible: yes - SIPP eligible: yes ## What it holds As of 02/10/2026, HDGB holds 21 positions, according to the holdings VanEck publishes. The largest is Bloom Energy at 11.35% of the fund; the ten largest make up 81.3%. ### Top holdings Largest positions (as of 02/10/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Bloom Energy | [BE](https://fundology.uk/stock/BE) | 11.35% | | 2 | Plug Power | [PLUG](https://fundology.uk/stock/PLUG) | 9.26% | | 3 | Doosan Fuel Cell | [336260](https://fundology.uk/stock/336260) | 8.90% | | 4 | Linde | [LIN](https://fundology.uk/stock/LIN) | 8.69% | | 5 | Air Liquide | [AI](https://fundology.uk/stock/AI) | 8.28% | | 6 | Ceres Power | [CWR](https://fundology.uk/stock/CWR) | 8.26% | | 7 | Air Products and Chemicals | [APD](https://fundology.uk/stock/APD) | 7.95% | | 8 | Sol | [SOL](https://fundology.uk/stock/SOL) | 7.86% | | 9 | ITM Power | [ITM](https://fundology.uk/stock/ITM) | 5.40% | | 10 | Ballard Power Systems | — | 5.35% | Source: VanEck, holdings as published, as of 02/10/2026. ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector Added up from the holdings VanEck publishes, as of 30/09/2026. | Sector | Weight | |---|---| | Industrials | 55.2% | | Materials | 44.0% | | Consumer Discretionary | 0.8% | | Not classified | 0.1% | ### By country Added up from the holdings VanEck publishes, as of 30/09/2026. | Country | Weight | |---|---| | United States | 28.3% | | United Kingdom | 23.0% | | Japan | 10.4% | | South Korea | 10.0% | | France | 8.4% | | Italy | 8.1% | | Canada | 5.3% | | Norway | 3.0% | | Other countries | 3.3% | | Not classified | 0.1% | ### By type of asset Added up from the holdings VanEck publishes, as of 30/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.9% | | Cash and money market | 0.1% | All 21 holdings: https://fundology.uk/fund/hdgb/holdings ## Questions people ask **What is the ongoing charge of HDGB?** The ongoing charge of HDGB is 0.55% a year — about £55 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of VanEck Hydrogen Economy UCITS ETF Accum A USD 0.55% a year, as of 03/10/2026: 29 of the 165 other sustainable and clean-energy funds charge more, 3 the same and 133 less (share classes counted once). **What does HDGB track?** HDGB tracks the MVIS Global Hydrogen Economy Index - Benchmark TR Net. **Is HDGB accumulating or distributing?** HDGB is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of HDGB?** The ISIN of HDGB is IE00BMDH1538. An ISIN identifies one exact share class of a fund; HDGB is its ticker on the London Stock Exchange. **What does HDGB hold?** As of 02/10/2026, HDGB holds 21 positions, according to the holdings VanEck publishes. The largest is Bloom Energy at 11.35% of the fund; the ten largest make up 81.3%. Its ten largest holdings are Bloom Energy (11.35%), Plug Power (9.26%), Doosan Fuel Cell (8.90%), Linde (8.69%), Air Liquide (8.28%), Ceres Power (8.26%), Air Products and Chemicals (7.95%), Sol (7.86%), ITM Power (5.40%) and Ballard Power Systems (5.35%). **How has HDGB done after inflation?** Over the three years to 05/10/2026 HDGB’s total return was +1.6%, or −8.3% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.