These are the next big themes for 2021, says Global X and Amplify ETF

Hydrogen could be one of the next big investment themes in 2021, said ETF’s top manager.

Global XETF has the potential to dominate the clean energy industry Hydrogen ETF (HYDR) In mid-July, the company’s senior vice president and chief research strategy officer, Jay Jacobs, told CNBC. “ETF Edge” this week.

“To get a little back in history, we launched a lithium and battery technology ETF last week, 11 years ago,” Jacobs said in an interview Monday. “In 11 years, electric vehicles have grown from about 0% of the world’s automobile industry to about 3% of the world’s automobile industry.”

According to Jacobs, the orbits of hydrogen over the next few decades can look very similar.

“The next long-term trend is the transition to hydrogen, not necessarily a replacement for lithium batteries, but a new form of clean electricity that can power trucks, trains and boats. I’m thinking, “he said. ..

But Tesla CEO Elon Musk is famous Canceled hydrogen power According to Jacobs, 2019 is “surprisingly stupid” and has many use cases in the heavy industry arena.

For example, it may not make sense to own a car powered by a fuel cell, but fuel cells are significantly lighter than batteries, so they can reduce the weight load on trucks, he said.

“From a pure efficiency standpoint, heavy transport really favors hydrogen. In addition, you see much more sunlight and much more added to the grid that is producing electricity intermittently. I see a lot of wind, “he said.

“Hydrogen is actually a very efficient way to store its surplus electricity when it’s not in use. You can also truck it and transport it to the countries where you need it, but this is Very efficient battery. Excessive renewable energy. “

Christian Magoon, founder and CEO of Amplify ETFs, said in an interview with the same “ETF Edge” that clean life could join clean energy as one of the top themes of 2021.

Amplify has a lot of interest in recently launched products. Cleaner living ETF (DTOX), especially from people interested in ESG or environmental, social and governance-based investments, Magoon said.

The company is also preparing to launch a digital and online trading ETF that holds: Coinbase, Charles Schwab When Robin hoodSaid the CEO.

“This digital asset market, app-friendly and mobile-friendly online trading market is growing rapidly within financial services where investors are actually taking advantage of global trends for trading stocks, bonds, commodities and cryptocurrencies. I think it’s an area of ​​interest, digital assets and it will be launched here in September, “he said.


These are the next big themes for 2021, says Global X and Amplify ETF

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