HNDL
Strategy Shares Nasdaq 7HANDL Index ETF
The NASDAQ 7HANDL Index ETF is a fund of funds that targets a high distribution rate. The funds index reflects a balanced portfolio of US equities, fixed income, and alternative investments. The index is leveraged by a factor of 1.3x.
Asset Allocation
MULTI
Rules-Based
MANAGEMENT STYLE
743.4 M
ASSETS UNDER MGMT
96 bp
EXPENSES
Fund Basics
| Fund sponsor | Strategy Shares |
| Category | Asset Allocation |
| Asset class | Multi |
| Website | link... |
| Inception date | Jan 16, 2018 |
| Assets (mns) | $728 |
| Expense ratio | 96 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | Yes |
Asset Allocation
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.9% | 4.1% | 4.8% | -3.2% | -1.7% | -- | -- | -2.0% |
| Dividend Yield | -3.0% | -1.3% | 3.0% | 4.8% | 7.3% | -- | -- | 6.3% |
| Total Returns | -1.1% | 2.8% | 7.8% | 1.5% | 5.6% | -- | -- | 4.3% | Ann. Volatility | 9.9% | 8.9% | 9.3% | 12.2% | 11.9% | -- | -- | 10.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.80 | 90% |
| MSCI EAFE | 0.74 | 76% |
| MSCI Emg Mkts | 0.60 | 50% |
Liquidity Measures
| Avg. volume (000) | 86 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.16% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $20.57 |
| 30d moving avg. | $20.56 |
| Annualized volatility | 14.7% |
| Relative strength (RSI) | 45 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based Asset Allocation Multi ETFs |
| # of ETFs | 20 |
| Avg. Expense Ratio | 97.8 bp |
| Std. Deviation | 72.5 bp |
| HNDL (96 bp) Percentile rank | 49 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| HNDL | 96.0 | 15.6 | 111.6 |
| Peer Avg. | 86.7 | 71.0 | 157.7 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .