Strategy Shares Nasdaq 7HANDL Index ETFStrategy Shares Nasdaq 7HANDL Index ETFStrategy Shares Nasdaq 7HANDL Index ETF

Strategy Shares Nasdaq 7HANDL Index ETF

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Key stats


Assets under management (AUM)
‪686.32 M‬USD
Fund flows (1Y)
‪−152.40 M‬USD
Dividend yield (indicated)
7.22%
Discount/Premium to NAV
−0.10%
Shares outstanding
‪32.45 M‬
Expense ratio
0.97%

About Strategy Shares Nasdaq 7HANDL Index ETF


Issuer
Rational Advisors, Inc.
Brand
Strategy Shares
Inception date
Jan 17, 2018
Structure
Open-Ended Fund
Index tracked
Nasdaq 7HANDL Base Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Rational Advisors, Inc.
Distributor
Foreside Fund Services LLC
HNDL tracks an index that contains two equally weighted portfolios: a core portfolio and a tactical portfolio. Allocations in the core portfolio are fixed: 70% to US aggregate fixed-income (equally to the top three US aggregate fixed income ETFs by AUM) and 30% to US large-cap equity (half to the top three large-cap US equity ETFs and half to QQQ). The tactical portfolio tracks the Dorsey Wright Explore portfolio, which selects twelve asset categories that historically provide high income. The index holds the ETF with the largest AUM in each asset category. The twelve ETFs are weighted based on a proprietary methodology that includes momentum, yield, and risk metrics. On top of this methodology, the underlying index is leveraged to provide 1.3x the return of the underlying assets. The goal is to achieve a total return over time to support a seven percent annual distribution rate. HNDL is rebalanced monthly.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Fixed asset allocation
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF95.62%
Government3.60%
Cash0.78%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to HNDL via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HNDL trades at 20.82 USD today, its price has fallen −1.47% in the past 24 hours. Track more dynamics on HNDL price chart.
HNDL net asset value is 20.82 today — it's risen 6.14% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HNDL assets under management is ‪686.32 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HNDL price has risen by 3.59% over the last month, and its yearly performance shows a −0.34% decrease. See more dynamics on HNDL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.89% decrease in three-month performance and has increased by 6.69% in a year.
HNDL fund flows account for ‪−152.40 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HNDL invests in funds. See more details in our Analysis section.
HNDL expense ratio is 0.97%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HNDL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HNDL technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HNDL shows the sell signal. See more of HNDL technicals for a more comprehensive analysis.
Yes, HNDL pays dividends to its holders with the dividend yield of 7.22%.
HNDL trades at a premium (0.10%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HNDL shares are issued by Rational Advisors, Inc.
HNDL follows the Nasdaq 7HANDL Base Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 17, 2018.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.