HNDL vs. CEFS
Compare and contrast key facts about Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and Saba Closed-End Funds ETF (CEFS).
HNDL and CEFS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. CEFS is an actively managed fund by Exchange Traded Concepts. It was launched on Mar 21, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HNDL or CEFS.
Key characteristics
| HNDL | CEFS | |
|---|---|---|
| YTD Return | 13.68% | 24.49% |
| 1Y Return | 25.40% | 38.60% |
| 3Y Return (Ann) | 2.41% | 11.63% |
| 5Y Return (Ann) | 5.54% | 12.41% |
| Sharpe Ratio | 2.66 | 3.32 |
| Sortino Ratio | 3.80 | 4.45 |
| Omega Ratio | 1.48 | 1.58 |
| Calmar Ratio | 1.23 | 3.45 |
| Martin Ratio | 17.39 | 20.78 |
| Ulcer Index | 1.41% | 1.83% |
| Daily Std Dev | 9.21% | 11.46% |
| Max Drawdown | -23.72% | -38.99% |
| Current Drawdown | 0.00% | -0.98% |
Correlation
The correlation between HNDL and CEFS 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
HNDL vs. CEFS - Performance Comparison
In the year-to-date period, HNDL achieves a 13.68% return, which is significantly lower than CEFS's 24.49% 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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HNDL vs. CEFS - Expense Ratio Comparison
HNDL has a 0.97% expense ratio, which is lower than CEFS's 3.80% expense ratio.
Risk-Adjusted Performance
HNDL vs. CEFS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and Saba Closed-End Funds ETF (CEFS). 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
HNDL vs. CEFS - Dividend Comparison
HNDL's dividend yield for the trailing twelve months is around 6.63%, less than CEFS's 7.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.63% | 6.78% | 7.86% | 6.86% | 6.68% | 6.82% | 6.91% | 0.00% |
CEFS Saba Closed-End Funds ETF | 7.86% | 9.20% | 11.32% | 10.73% | 8.61% | 7.56% | 9.81% | 6.24% |
Drawdowns
HNDL vs. CEFS - Drawdown Comparison
The maximum HNDL drawdown since its inception was -23.72%, smaller than the maximum CEFS drawdown of -38.99%. Use the drawdown chart below to compare losses from any high point for HNDL and CEFS. For additional features, visit the drawdowns tool.
Volatility
HNDL vs. CEFS - Volatility Comparison
Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and Saba Closed-End Funds ETF (CEFS) have volatilities of 2.32% and 2.29%, 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.