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ETF sheet · Issuer-declared data

L&G Hydrogen Economy UCITS ETFIndex, costs, backtest, listings and taxation

ISIN: IE00BMYDM794Ticker: HTWOIssuer: LGIMClass: USD Acc.
Issuer-declared data
Declared index
Solactive Hydrogen Economy Index NTR
TER
0.49%
Transaction costs
0.04% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Income policy
SFDR
Article 9 — declared sustainable investment objective what does it mean?
Theme
Clean energy · Environment
Fund assets
470.8 mln EUR
Domicile
Ireland
Inception date
10 February 2021
Data as declared by LGIM in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

L&G Hydrogen Economy UCITS ETF tracks the issuer-declared index: Solactive Hydrogen Economy Index NTR. The declared annual cost (TER) is 0.49%, plus 0.04% in transaction costs estimated by the issuer in the KID. Replication is full physical replication (the KID declares buying every index constituent); income is accumulated and reinvested in the fund. The fund has assets of about 471 million euro, was launched on 10 February 2021 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

The investment objective of the Fund is to provide exposure to companies engaged in the global hydrogen economy which seek to contribute to the reduced use of traditional fossil fuels and promote clean and sustainable energy. The Fund is passively managed and aims to track the performance of the Solactive Hydrogen Economy Index NTR (the “Index”), before the deduction of fees and expenses. The Index is designed to provide exposure to global companies that are engaged in the hydrogen economy and related activities that support the transition to cleaner and more sustainable energy systems, in accordance with its methodology.

Keep reading the KID section ▾

The Fund seeks to achieve its investment objective by investing primarily in equity securities that, as far as possible and practicable, make up the Index in similar proportions to their weightings in the Index. Where it is not possible or practicable to invest directly in all of the constituents of the Index, the Fund may also invest in equity related securities and instruments that are not constituents of the Index but have similar risk and performance characteristics, and may use financial derivative instruments for efficient portfolio management or to assist in tracking the performance of the Index. The Fund has a sustainable investment objective as it invests in companies which (i) contribute to environmental objectives, (ii) do not significantly harm any environmental or social objectives, and (iii) follow good governance practices. Further information can be found in the Fund Supplement. This Share Class does not intend to pay dividends. Any income which may result from the Fund's investments will be re-invested into the Fund. Shares in this Share Class (the "Shares") are denominated in USD and can be bought and sold on stock exchanges by ordinary investors using an intermediary (e.g. a stockbroker). In normal circumstances, only Authorised Participants may buy and sell Shares directly with the Company. Authorised Participants may redeem their Shares on demand in accordance with the "Dealing Timetable" published on http://www.lgim.com.

The depositary of the Fund is the Bank of New York Mellon SA/NV, Dublin Branch. Further information about the Fund and the share class can be obtained from the Company's prospectus and the annual and semi-annual reports, which are available, in addition to the latest prices for the share class and details of any other share classes, free of charge at: www.lgim.com.

Intended Retail Investor:The Fund is designed for investors looking to grow their money in an investment which can form part of their existing savings portfolio. Although investors can take their money out at any time, the Fund may not be appropriate for those who plan to withdraw their money within five years. The Fund is not designed for investors who cannot afford more than a minimal loss of their investment.

From the KID’s “Objectives” section · 4 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.49%: above the median of equity ETFs we track (0.22%).
  • Average tracking difference over the last 3 years: -0.66% p.a., against a declared TER of 0.49%.
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in Italian, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Feb 2021 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
-25.8%
Annualised
-5.2%
Volatility (ann.)
25.8%
Max drawdown
-65.81%
-66%-48%-30%-12%+6%Feb 2021Jun 2022Nov 2023Apr 2025Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)-26%Feb 2021Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-20%-40%-60%-80%202120222023202420252026−65.81% · 07 Apr 2025
Max drawdown
-65.81%
peak → trough
Trough
07 Apr 2025
from the 09 Feb 2021 peak
Recovery time
not yet
recovery only: trough to break-even
Underwater
2,037 days
decline + recovery: peak to break-even · ≈ 5 years and 7 months · (ongoing)

Calendar-year returns

2021
-26.3%
2022
-37.0%
2023
-3.9%
2024
-8.2%
2025
40.7%
2026
28.8%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
202616.09.4-10.728.110.3-9.4-13.61.21.428.8
20253.0-1.3-5.40.25.510.04.95.111.914.7-7.4-3.940.7
2024-4.9-0.44.0-2.810.1-10.82.0-4.04.8-7.410.6-7.2-8.2
202314.6-5.8-2.6-3.9-3.67.15.6-12.2-7.1-8.810.46.3-3.9
2022-13.81.82.3-10.42.9-16.710.4-2.5-20.30.611.6-5.2-37.0
20210.4-1.5-0.3-0.4-7.21.5-4.810.3-7.4-3.5-26.3
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Source: LGIM. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — fund vs index

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER. Tracking difference was positive in 1 of the last 4 calendar years: a past observation, not an indication of future outperformance.
Average TD (last 3 years)
-0.66% /anno
Declared TER
0.49%
YearFundIndexDifference
2025+40.80%+41.54%-0.74%
2024-8.18%-7.69%-0.49%
2023-3.93%-3.19%-0.74%
2022-36.99%-37.62%+0.63%
Total-return figures from issuer-declared series (primary source); complete calendar years. TD is not comparable across sites using different methodologies or index variants. Past performance is not indicative of future results. What is tracking difference? →

Risk indicators· EUR

Last yearLast 3 yearsLast 5 yearsFull history
Volatility (ann.)28.32%24.31%24.58%24.51%
Max drawdown-25.15%-27.38%-56.72%-62.38%
Sharpe1.470.59-0.01-0.16
Sortino2.290.85-0.02-0.23
Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.21%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Portfolio holdings

Top-10 weight
47.6%

Top 10 holdings

Fuelcell Energy Inc
8.10%
Kyocera
5.70%
Iberdrola
4.40%
Atlas Copco
4.40%
Nippon Sanso
4.30%
Toyota Motor
4.20%
Xcel Energy Inc
4.20%
Air Liquide
4.10%
Air Products & Chemicals
4.10%
Johnson Matthey
4.10%

Sectors

Industriali
42.6%
Materiali di base
29.5%
Servizi di pubblica utilità
12.3%
Beni di consumo voluttuari
7.5%
Informatica
5.7%
Energia
2.4%
Top 10 holdings and breakdowns as declared by LGIM in the fund factsheet, data as of 30 June 2026. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE00BMYDM794
  • Moneyfarmzero within the savings plan (buys), agreement until 29 June 2029
  • Moneyfarmzero on single buys from 1,000 €, agreement until 29 June 2029
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 3 September 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)HTWO10 Feb 2021
Börse DüsseldorfHTMW10 Feb 2021
Börse FrankfurtHTMW10 Feb 2021
Börse HamburgHTMW12 Feb 2021
Börse HannoverHTMW28 Dec 2022
Börse München / gettexHTMW12 Feb 2021
Börse StuttgartHTMW25 Feb 2021
Tradegate ExchangeHTMW11 Feb 2021
Xetra (Deutsche Börse)HTMW10 Feb 2021
+ 15 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does L&G Hydrogen Economy UCITS ETF track?
The issuer LGIM declares the benchmark: Solactive Hydrogen Economy Index NTR.
How much does HTWO cost?
The issuer-declared TER is 0.49% per year; the transaction costs estimated in the KID are 0.04%.
What is the fund size of HTWO?
The fund size declared by LGIM is about 471 million euro.
When was HTWO launched?
The fund was launched on 10 February 2021: it has 5 years of history.
How does HTWO replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (full replication) (issuer wording: “Fisica - replica completa (dal KID)”).
Does HTWO pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Accumulating”).
Where does HTWO trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (HTWO), Börse Düsseldorf (HTMW), Börse Frankfurt (HTMW), Börse Hamburg (HTMW), Börse Hannover (HTMW), Börse München / gettex (HTMW).
What was HTWO's worst fall?
Over the available history (since 2021), the maximum drawdown was -65.81%, reached in April 2025. Past performance is not indicative of future results.
What is HTWO's tracking difference?
Over the last 3 complete calendar years the fund returned on average -0.66% per year versus its index (from issuer-declared series).
Transparency note
The data in this sheet is declared by LGIM in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.