PLUS 글로벌수소&차세대연료전지 (419650) holdings & weights
Per-holding contribution · concentration · sector skew — a deep read
Fund overview
This is a Korea-listed ETF from 한화자산운용. It tracks the BlueStar Hydrogen and NextGen Fuel Cell Index (시장가격). Key facts — expense ratio 0.5%; net assets about KRW 13.3B; inception 2022-02-15. Its 1-year return is -21.45%.
Fund details
Fund overview
This is a Korea-listed ETF from 한화자산운용. It tracks the BlueStar Hydrogen and NextGen Fuel Cell Index (시장가격). Key facts — expense ratio 0.5%; net assets about KRW 13.3B; inception 2022-02-15. Its 1-year return is -21.45%.
22 identified stocks · net exposure / NAV 99.45%. Display weights are normalized to 100%; calculations retain original exposures without an additional leverage multiplier. Cash and unallocated contracts are excluded from stock attribution.
Weight and calculation basis
22 identified stocks · net exposure / NAV 99.45%. Display weights are normalized to 100%; calculations retain original exposures without an additional leverage multiplier. Cash and unallocated contracts are excluded from stock attribution.
Investor net buying
Latest-session net buying by foreigners, institutions and retail (positive = net buy, negative = net sell).
| Date | Change | Foreign | Inst. | Retail |
|---|---|---|---|---|
| 10/20 | -2.38% | +18 sh | +12.8K sh | +333 sh |
| 10/19 | +0.96% | −264 sh | −1.8K sh | +2.0K sh |
| 10/16 | -1.77% | −9 sh | −8.2K sh | −5.1K sh |
| 10/15 | -4.83% | −171 sh | +13.5K sh | −7.4K sh |
| 10/14 | +0.91% | −120 sh | +6.2K sh | +2.5K sh |
Investor flows
Investor net buying
Latest-session net buying by foreigners, institutions and retail (positive = net buy, negative = net sell).
| Date | Change | Foreign | Inst. | Retail |
|---|---|---|---|---|
| 10/20 | -2.38% | +18 sh | +12.8K sh | +333 sh |
| 10/19 | +0.96% | −264 sh | −1.8K sh | +2.0K sh |
| 10/16 | -1.77% | −9 sh | −8.2K sh | −5.1K sh |
| 10/15 | -4.83% | −171 sh | +13.5K sh | −7.4K sh |
| 10/14 | +0.91% | −120 sh | +6.2K sh | +2.5K sh |
We have this ETF's holdings, but the prices for those particular listings are outside our quote coverage (currently Korea- and US-listed securities). So today's contribution and return are not computed — showing 0% would claim it did not move, which is a different statement. The holdings and weights below follow the calculation basis above.
Today's summary
Its top 10 holdings make up about 58.6% of the fund. The concentration index (HHI) is 535 — Low — evenly diversified, and the largest sector is Unclassified (50%). The higher the concentration, the more one stock or sector drives the whole ETF's return.
Structural health
A five-axis read on how this fund is built. It is not a return forecast or a recommendation, and a low score does not mean a bad fund — leveraged products score low by design. Each axis shows the figure behind it.
Concentration is below 1,500 (535), so no single holding dominates.
Unclassified is 50%, a clear tilt. That industry's swings will drive the fund.
0.5% a year is typical. Held ten years, roughly 5.0% goes to fees.
Net assets of KRW 13.3B are small. Thin funds trade at wider spreads, and very small ones get closed or merged.
A plain 1x physical fund holding the shares themselves — no structural drift from how long you hold it.
Concentration and diversification
Structural health
A five-axis read on how this fund is built. It is not a return forecast or a recommendation, and a low score does not mean a bad fund — leveraged products score low by design. Each axis shows the figure behind it.
Concentration is below 1,500 (535), so no single holding dominates.
Unclassified is 50%, a clear tilt. That industry's swings will drive the fund.
0.5% a year is typical. Held ten years, roughly 5.0% goes to fees.
Net assets of KRW 13.3B are small. Thin funds trade at wider spreads, and very small ones get closed or merged.
A plain 1x physical fund holding the shares themselves — no structural drift from how long you hold it.
Top 20 holdings
1 derivative positions are excluded. Stock contributions do not explain the entire ETF return.
Weights are normalized to 100% of absolute exposures across analysed positions, including positions outside this top list. Cash, collateral and unverified assets are excluded. Contributions retain original signed NAV exposures; leverage is not applied twice.
Normalized to 100% of analysed positions
Weights are normalized to 100% of absolute exposures across analysed positions, including positions outside this top list. Cash, collateral and unverified assets are excluded. Contributions retain original signed NAV exposures; leverage is not applied twice.
| # | Holding | Weight |
|---|---|---|
| 1 | Bloom EnergyBE | 10.47% |
| 2 | NEL ASANLLSF | 5.81% |
| 3 | 일진하이솔루스271940 | 5.67% |
| 4 | Thyssenkrupp Nucera & KGaaTHYKF | 5.66% |
| 5 | LindeLIN | 5.38% |
| 6 | 범한퓨얼셀382900 | 5.37% |
| 7 | SFC EnergySSMFF | 5.13% |
| 8 | Air Products and ChemicalsAPD | 5.04% |
| 9 | FuelCell EnergyFCEL | 5.04% |
| 10 | H-PowerAFGYF | 5.01% |
| 11 | Air LiquideAIQUF | 4.95% |
| 12 | ITM PowerITMPF | 4.86% |
| 13 | PowerCell Sweden ABPCELF | 4.75% |
| 14 | Plug PowerPLUG | 4.37% |
| 15 | Ceres PowerCPWHF | 4.34% |
| 16 | 두산퓨얼셀336260 | 4.20% |
| 17 | Ballard Power SystemsBLDP | 4.07% |
| 18 | Jiangsu Guofu Hydrogen Energy EquipmentCNE100006N08 | 3.45% |
| 19 | Shanghai REFIRECNE100006PJ1 | 2.99% |
| 20 | Mitsubishi ChemicalMTLHF | 1.35% |
Holdings below 0.5% or outside the top list are folded into “Others” and omitted above.
Where the weight sits — sector mix
Listed equity weights summed by sector and normalized to 100%. Each band is one sector's share.
Industry breakdown
HHI sums the squared weights. The more it leans on a few names, the higher it goes — and the more the whole ETF moves with them.
How concentrated is it
Concentration (HHI) is low at 535, with the top 10 holdings at just 58.6% of equity weight. No single name can dominate the fund.
Good for damping single-stock risk — and equally, a big winner inside gets diluted.
HHI squares each weight and sums them: 10,000 means one stock is everything, and the more evenly spread the holdings, the closer it falls to zero.
Where the sector weight sits
By sector, Unclassified alone is 50% — whatever the fund is called, this is a bet on that industry.
Bad news for the sector moves the whole fund. Worth checking against anything else you hold in the same space.
Weights above sum the individually listed equities and normalize that equity total to 100%.
How much it overlaps others
It shares 50% of its holdings with 417450 (11 names in common) — close to half the same companies.
Own both and the diversification is thinner than it looks.
What it is made of
The fund holds 23 positions in total; this page lists the largest 22 and folds the rest into "Others".
The expense ratio is 0.5% a year, which is not cheap. Fees come out of returns every year you hold, so it is worth checking whether the same index is available for less.
This page is not investment advice. Investment decisions and responsibility are your own.
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