Morningstar

Defiance Next Gen H2 ETF HDRO ETF Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Defiance Investment Hub

Morningstar’s Analysis HDRO

Will HDRO outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HDRO’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HDRO management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HDRO’s parent organization’s priorities and whether they’re in line with investors’ interests.

Neither process nor people stand out at Defiance Next Gen H2 ETF, but it gets enough right to help this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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