CEFS vs. HNDL
Compare and contrast key facts about Saba Closed-End Funds ETF (CEFS) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL).
CEFS and HNDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEFS is an actively managed fund by Exchange Traded Concepts. It was launched on Mar 21, 2017. HNDL is a passively managed fund by Rational Capital LLC that tracks the performance of the NASDAQ 7 HANDL™ Index. It was launched on Jan 17, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEFS or HNDL.
Key characteristics
| CEFS | HNDL | |
|---|---|---|
| YTD Return | 26.07% | 13.53% |
| 1Y Return | 38.74% | 23.21% |
| 3Y Return (Ann) | 11.60% | 1.57% |
| 5Y Return (Ann) | 12.50% | 5.44% |
| Sharpe Ratio | 3.72 | 2.80 |
| Sortino Ratio | 4.96 | 3.96 |
| Omega Ratio | 1.66 | 1.51 |
| Calmar Ratio | 6.78 | 1.55 |
| Martin Ratio | 23.37 | 17.54 |
| Ulcer Index | 1.72% | 1.39% |
| Daily Std Dev | 10.79% | 8.69% |
| Max Drawdown | -38.99% | -23.72% |
| Current Drawdown | -0.13% | -0.14% |
Correlation
The correlation between CEFS and HNDL is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CEFS vs. HNDL - Performance Comparison
In the year-to-date period, CEFS achieves a 26.07% return, which is significantly higher than HNDL's 13.53% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CEFS vs. HNDL - Expense Ratio Comparison
CEFS has a 3.80% expense ratio, which is higher than HNDL's 0.97% expense ratio.
Risk-Adjusted Performance
CEFS vs. HNDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saba Closed-End Funds ETF (CEFS) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CEFS vs. HNDL - Dividend Comparison
CEFS's dividend yield for the trailing twelve months is around 7.81%, more than HNDL's 6.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
CEFS Saba Closed-End Funds ETF | 7.81% | 9.20% | 11.32% | 10.73% | 8.61% | 7.56% | 9.84% | 6.28% |
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.13% | 6.78% | 7.86% | 6.86% | 6.68% | 6.82% | 6.91% | 0.00% |
Drawdowns
CEFS vs. HNDL - Drawdown Comparison
The maximum CEFS drawdown since its inception was -38.99%, which is greater than HNDL's maximum drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for CEFS and HNDL. For additional features, visit the drawdowns tool.
Volatility
CEFS vs. HNDL - Volatility Comparison
Saba Closed-End Funds ETF (CEFS) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) have volatilities of 2.56% and 2.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.