Strategy Shares Nasdaq 7HANDL Index ETF

HNDL

Valor de mercado US$ 626 mi

Strategy Shares Nasdaq 7 Handl™ Index ETF aims for a 7% yield via a leveraged, multi-asset fund-of-funds structure. HNDL has underperformed a simple 50/50 equity-bond benchmark since inception, with higher volatility and drawdowns. Compared to a few income ETFs, HNDL's risk-adjusted returns lag, and it carries the highest expense ratio in the group.

Strategy Shares Nasdaq 7 Handl Index ETF is a multi-asset fund of funds with a 1.3 leverage factor targeting a yield of 7%. HNDL portfolio is split into a static 30/70 equity-bond allocation and a momentum-based dynamic allocation in high-yield assets. HNDL has underperformed a simple 50% equity - 50% bond benchmark and at least two multi-asset tactical ETFs with lower fees.

HNDL invests in a diversified portfolio of ETFs. It has a little bit of everything: equities, bonds, preferred shares, MLPs, and more. Although nothing is significantly wrong with the fund, it pales in comparison to an important peer.

Strategy Shares Nasdaq 7 Handl™ Index ETF is a unique fund-of-funds ETF that aims to deliver a consistent 7% annual distribution rate. The HNDL ETF's portfolio is comprised of 19 ETFs, including U.S. equities, bonds, and alternative investments.

Strategy Shares Nasdaq 7 HANDL Index ETF is a "fund of funds" that aims to generate returns that can support a 7% annual distribution. Since my last review in August, HNDL has posted total returns of +5.22% and will likely continue to outperform due to falling rates. HNDL's exposure to equities will amplify returns.