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New hydrogen economy ETF launches – too late to back this theme?

New hydrogen economy ETF launches – too late to back this theme?
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The risk is that investors will gain exposure to companies that now trade at unsustainable valuations.
Alternative energy exchange-traded funds (ETFs) are all the rage right now. Most notably, the iShares Global Clean Energy ETF (LSE: INRG) has seen a surge of inflows, topped the most-bought ETF list on interactive investor and provided investors with roughly 100% returns over the past year.
One of the most interesting new launches in this sector is from Legal & General (L&G) - the L&G Hydrogen Economy UCITS ETF (LSE:HTWO), which is now available on interactive investor. This is a thematic ETF that intends to offer exposure to companies that are enabling the production of cheaper, clean forms of hydrogen, as well as those that are expected to play an integral role in the hydrogen economy. ....

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LGIM Expands Its Thematic ETF Range – Launches Hydrogen ETF Tracking Solactive Index

<p><span>Hydrogen, the most plentiful element in the entire universe, serves as one of the promising clean energy sources in the fight against climate change. According to the EU Commission, cumulated investments in renewable hydrogen could reach between 180 and 470 billion EUR by 2050, and it is estimated that, by then, renewable hydrogen will match around one fourth of the global energy demand, with annual revenue of around EUR 630 billion.</span><span> Legal & General Investment Management (LGIM) realized the vast potential in this development and expanded its broad thematic ETF offering with its new </span><span>L&G Hydrogen Economy UCITS ETF.</span></p> ....

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LGIM expands thematic range with hydrogen-focused ETF

LGIM expands thematic range with hydrogen-focused ETF
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