DDX vs. HNDL

Last updated Apr 2, 2026

Compare and contrast key facts about Defined Duration 10 ETF (DDX) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL).

DDX and HNDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DDX is an actively managed fund by Discipline Funds. It was launched on Sep 21, 2021. 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.

Performance

DDX vs. HNDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defined Duration 10 ETF (DDX) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL). The values are adjusted to include any dividend payments, if applicable.

DDX vs. HNDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DDX Defined Duration 10 ETF	1.04%	12.02%	2.93%	10.48%	-16.19%	1.34%
HNDL Strategy Shares Nasdaq 7HANDL Index ETF	1.31%	10.76%	10.66%	13.28%	-19.12%	4.88%

Returns By Period

In the year-to-date period, DDX achieves a 1.04% return, which is significantly lower than HNDL's 1.31% return.

DDX

• 1D: 0.30%
• 1M: -2.40%
• YTD: 1.04%
• 6M: 2.76%
• 1Y: 9.57%
• 3Y*: 6.88%
• 5Y*: —
• 10Y*: —

HNDL

• 1D: 0.37%
• 1M: -3.40%
• YTD: 1.31%
• 6M: 1.45%
• 1Y: 11.56%
• 3Y*: 10.19%
• 5Y*: 4.55%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DDX vs. HNDL - Expense Ratio Comparison

DDX has a 0.25% expense ratio, which is lower than HNDL's 0.97% expense ratio.

HNDL

Strategy Shares Nasdaq 7HANDL Index ETF

DDX

Defined Duration 10 ETF

Return for Risk

DDX vs. HNDL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DDX

DDX Risk / Return Rank: 76
DDX Sharpe Ratio Rank: 79
DDX Sortino Ratio Rank: 81
DDX Omega Ratio Rank: 76
DDX Calmar Ratio Rank: 73
DDX Martin Ratio Rank: 72

HNDL

HNDL Risk / Return Rank: 55
HNDL Sharpe Ratio Rank: 52
HNDL Sortino Ratio Rank: 52
HNDL Omega Ratio Rank: 59
HNDL Calmar Ratio Rank: 47
HNDL Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DDX vs. HNDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defined Duration 10 ETF (DDX) 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.

	DDX	HNDL	Difference
Sharpe ratio Return per unit of total volatility	1.57	0.97	+0.60
Sortino ratio Return per unit of downside risk	2.20	1.44	+0.76
Omega ratio Gain probability vs. loss probability	1.30	1.23	+0.07
Calmar ratio Return relative to maximum drawdown	2.21	1.28	+0.93
Martin ratio Return relative to average drawdown	8.44	6.74	+1.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DDX vs. HNDL - Sharpe Ratio Comparison

The current DDX Sharpe Ratio is 1.57, which is higher than the HNDL Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of DDX and HNDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DDX	HNDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	0.97	+0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.48	-0.22

Correlation

The correlation between DDX and HNDL is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DDX vs. HNDL - Dividend Comparison

DDX's dividend yield for the trailing twelve months is around 3.52%, less than HNDL's 6.98% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DDX Defined Duration 10 ETF	3.52%	3.17%	3.11%	2.41%	1.38%	1.14%	0.00%	0.00%	0.00%
HNDL Strategy Shares Nasdaq 7HANDL Index ETF	6.98%	6.86%	7.02%	6.78%	7.87%	6.86%	6.21%	5.27%	6.42%

Drawdowns

DDX vs. HNDL - Drawdown Comparison

The maximum DDX drawdown since its inception was -21.27%, smaller than the maximum HNDL drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for DDX and HNDL.

Drawdown Indicators

	DDX	HNDL	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-23.72%	+2.45%
Max Drawdown (1Y) Largest decline over 1 year	-4.41%	-9.00%	+4.59%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.72%	—
Current Drawdown Current decline from peak	-2.92%	-3.40%	+0.48%
Average Drawdown Average peak-to-trough decline	-7.36%	-4.96%	-2.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.15%	1.71%	-0.56%

Volatility

DDX vs. HNDL - Volatility Comparison

The current volatility for Defined Duration 10 ETF (DDX) is 2.62%, while Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) has a volatility of 3.53%. This indicates that DDX experiences smaller price fluctuations and is considered to be less risky than HNDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DDX	HNDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.62%	3.53%	-0.91%
Volatility (6M) Calculated over the trailing 6-month period	3.85%	5.59%	-1.74%
Volatility (1Y) Calculated over the trailing 1-year period	6.13%	12.02%	-5.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.50%	11.49%	-3.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.50%	10.80%	-3.30%