HNDL vs. HYLD
Compare and contrast key facts about Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and High Yield ETF (HYLD).
HNDL and HYLD 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. HYLD is an actively managed fund by Eve Capital. It was launched on Nov 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HNDL or HYLD.
Correlation
The correlation between HNDL and HYLD is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HNDL vs. HYLD - Performance Comparison
Key characteristics
Returns By Period
HNDL
-1.26%
-2.16%
-2.07%
9.32%
4.94%
N/A
HYLD
N/A
N/A
N/A
N/A
N/A
N/A
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HNDL vs. HYLD - Expense Ratio Comparison
HNDL has a 0.97% expense ratio, which is lower than HYLD's 1.29% expense ratio.
Risk-Adjusted Performance
HNDL vs. HYLD — Risk-Adjusted Performance Rank
HNDL
HYLD
HNDL vs. HYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and High Yield ETF (HYLD). 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. HYLD - Dividend Comparison
HNDL's dividend yield for the trailing twelve months is around 7.30%, while HYLD has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 7.30% | 7.02% | 6.78% | 7.87% | 6.86% | 6.69% | 6.39% | 6.91% | 0.00% | 0.00% | 0.00% | 0.00% |
HYLD High Yield ETF | 0.00% | 0.00% | 8.59% | 7.86% | 6.75% | 7.52% | 7.46% | 7.97% | 7.18% | 6.59% | 10.87% | 9.88% |
Drawdowns
HNDL vs. HYLD - Drawdown Comparison
Volatility
HNDL vs. HYLD - Volatility Comparison
Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) has a higher volatility of 9.70% compared to High Yield ETF (HYLD) at 0.00%. This indicates that HNDL's price experiences larger fluctuations and is considered to be riskier than HYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.