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HGEN’s $33.5 million profit masks a fresh hydrogen ETF test

HGEN posts $33.5 million profit before warning of a post-year-end NAV fall

Global X Hydrogen ETF reported a $33.5 million profit for the year to 30 June 2026, driven almost entirely by fair-value gains. But the ASX-listed fund has since seen its net asset value fall by more than 10% as hydrogen-related holdings weakened.
Victor Sage
28 Sept 2026