HDRO vs. COAL ETF Comparison

Comparison of Defiance Next Gen H2 ETF (HDRO) to Range Global Coal Index ETF (COAL)

HDRO

Defiance Next Gen H2 ETF

HDRO Description

ETF Series Solutions - Defiance Next Gen H2 ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Defiance ETFs, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of global region. The fund invests in stocks of companies operating across materials, chemicals, industrial gases, utilities, alternative energy resources, fuel cells, independent power and renewable electricity producers, renewable electricity, development of hydrogen-based energy source sectors. It invests in growth and value stocks of companies operating across diversified market capitalization. The fund seeks to track the performance of the BlueStar Global Hydrogen & NextGen Fuel Cell Index, by using full replication technique. ETF Series Solutions - Defiance Next Gen H2 ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$4.68

Average Daily Volume

26,021

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

COAL

Range Global Coal Index ETF

COAL Description

The fund normally invests in securities comprising the index. The index is designed to track the performance of companies that are involved in the metallurgical (met) and thermal coal industry, which includes production, exploration, development, transportation, and distribution ("Coal Companies"). Under normal circumstances, the fund invests at least 80% of its net assets in securities of coal companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.64

Average Daily Volume

4,539

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

Performance

Period	HDRO	COAL
30 Days	-1.89%	-9.23%
60 Days	-10.34%	-17.58%
90 Days	-12.69%	-12.40%
12 Months	-36.07%

0 Overlapping Holdings

	Symbol	Grade	Weight in HDRO	Weight in COAL	Overlap

HDRO Overweight 5 Positions Relative to COAL

	Symbol	Grade	Weight
	PLUG	F	8.15%
	BE	F	7.22%
	LIN	B	5.47%
	APD	B	4.98%
	FCEL	F	4.59%

HDRO Underweight 6 Positions Relative to COAL

	Symbol	Grade	Weight
	HCC	D	-7.49%
	AMR	F	-7.27%
	CEIX	C	-6.07%
	ARLP	D	-5.88%
	ARCH	D	-5.85%
	BTU	D	-4.58%

HDRO: Top Represented Industries & Keywords

Industries: Utilities - Independent Power Producers Chemicals Electronic Components Specialty Chemicals

Keywords: Hydrogen Fuel Cell Air Separation Alternative Energy Argon Biogas Carbon Monoxide Chemical Chemical Process Dry Ice Electricity Food Processing Fuel Cell Systems Helium Hydrogen Economy Hydrogen Technologies Industrial Gases Methane Natural Gas Oxygen

COAL: Top Represented Industries & Keywords

Industries: Coal

Keywords: Coal Mining Coal Fuel Mining Electric Utilities Metallurgical Coal Sedimentary Rocks Steel Industry Thermal Coal Walter Energy Alpha Natural Resources Barge Coal Mining Operations Coke Consol Energy Detection Systems Electricity Environmental Management Gas Division Gas Wells