HNDL vs. ASET

Last updated Jun 5, 2026

HNDL (Strategy Shares Nasdaq 7HANDL Index ETF) and ASET (FlexShares Real Assets Allocation Index Fund) are both Diversified Portfolio funds - HNDL tracks the NASDAQ 7 HANDL™ Index while ASET tracks the Northern Trust Real Assets Allocation Total Return. Both are passively managed. HNDL charges 0.97%/yr vs 0.57%/yr for ASET.

Performance

HNDL vs. ASET - Performance Comparison

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

Returns By Period

HNDL

• 1D: 0.48%
• 1M: 1.40%
• YTD: 7.41%
• 6M: 6.83%
• 1Y: 15.95%
• 3Y*: 12.14%
• 5Y*: 5.15%
• 10Y*: —

ASET

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HNDL vs. ASET - Yearly Performance Comparison

	2026 (YTD)
HNDL Strategy Shares Nasdaq 7HANDL Index ETF	4.92%
ASET FlexShares Real Assets Allocation Index Fund	0.00%

HNDL vs. ASET - Sectors Allocation Comparison

Sectors	HNDL	ASET
Financial Services	89.8%	-
Technology	22.7%	0.2%
Energy	16.4%	7.8%
Utilities	15.3%	12.8%
Real Estate	9.8%	41.6%
Consumer Cyclical	6.2%	0.1%
Communication Services	6.2%	12.1%
Healthcare	6.1%	2.2%
Industrials	5.0%	16.3%
Consumer Defensive	4.6%	1.1%
Basic Materials	1.2%	5.8%

Return for Risk

HNDL vs. ASET — Risk / Return Rank

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

HNDL

HNDL Risk / Return Rank: 68
HNDL Sharpe Ratio Rank: 68
HNDL Sortino Ratio Rank: 67
HNDL Omega Ratio Rank: 69
HNDL Calmar Ratio Rank: 66
HNDL Martin Ratio Rank: 72

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.

HNDL vs. ASET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and FlexShares Real Assets Allocation Index Fund (ASET). 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.

	HNDL	ASET	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	3.04	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	3.23	—	—
Martin ratio: Return relative to average drawdown	13.30	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HNDL	ASET	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	—	—

Drawdowns

HNDL vs. ASET - Drawdown Comparison

The maximum HNDL drawdown since its inception was -23.72%, which is greater than ASET's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HNDL and ASET.

Drawdown Indicators

	HNDL	ASET	Difference
Max Drawdown Largest peak-to-trough decline	-23.72%	0.00%	-23.72%
Max Drawdown (1Y) Largest decline over 1 year	-4.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-12.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.72%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.87%	0.00%	-4.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.20%	—	—

Volatility

Volatility by Period

	HNDL	ASET	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.33%	0.00%	+7.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.50%	0.00%	+11.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.74%	0.00%	+10.74%

HNDL vs. ASET - Expense Ratio Comparison

HNDL has a 0.97% expense ratio, which is higher than ASET's 0.57% expense ratio.

Dividends

HNDL vs. ASET - Dividend Comparison

HNDL's dividend yield for the trailing twelve months is around 6.77%, while ASET has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
ASET FlexShares Real Assets Allocation Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HNDL Strategy Shares Nasdaq 7HANDL Index ETF	6.77%	6.86%	7.02%	6.78%	7.87%	6.86%	6.21%	5.27%	6.42%

Frequently Asked Questions

Which ETF is better, HNDL or ASET?

On fees, ASET is cheaper at 0.57% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HNDL or ASET?

ASET is cheaper with a 0.57% expense ratio, compared with 0.97% for HNDL.

Which ETF pays a higher dividend yield, HNDL or ASET?

HNDL has the higher dividend yield at 6.77%, compared with 0.00% for ASET.

What is the main difference between HNDL and ASET?

HNDL tracks NASDAQ 7 HANDL™ Index, while ASET tracks Northern Trust Real Assets Allocation Total Return. They also come from different issuers: Rational Capital LLC and Northern Trust. Their fees differ too: 0.97% for HNDL and 0.57% for ASET.