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Western Digital Corporation (Nasdaq: WDC), the storage foundation of the AI-driven data economy, today announced a significant step in next-generation infrastr
Creative Planning increased its stake in shares of Strategy Shares Nasdaq 7HANDL Index ETF (NASDAQ: HNDL) by 11.9% in the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,833 shares of the company's stock after purchasing an additional 6,920 shares during
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.
The Strategy Shares Nasdaq 7 Handl Index ETF is a highly complex ETF. HNDL has underperformed compared to low fee 60/40 strategies and active ETF asset allocation products which carry low fees. HNDL charges a high management fee of 0.96% and is underweight big tech compared to a traditional 60/40 portfolio.