HNDL vs. MORT
Compare and contrast key facts about Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and VanEck Vectors Mortgage REIT Income ETF (MORT).
HNDL and MORT 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. MORT is a passively managed fund by VanEck that tracks the performance of the MVIS Global Mortgage REITs Index. It was launched on Aug 16, 2011. Both HNDL and MORT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HNDL or MORT.
Key characteristics
| HNDL | MORT | |
|---|---|---|
| YTD Return | 10.53% | 4.92% |
| 1Y Return | 16.42% | 9.24% |
| 3Y Return (Ann) | 1.29% | -5.14% |
| 5Y Return (Ann) | 4.91% | -2.23% |
| Sharpe Ratio | 1.71 | 0.43 |
| Daily Std Dev | 9.64% | 23.32% |
| Max Drawdown | -23.72% | -70.13% |
| Current Drawdown | -0.77% | -26.78% |
Correlation
The correlation between HNDL and MORT is 0.53, 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. MORT - Performance Comparison
In the year-to-date period, HNDL achieves a 10.53% return, which is significantly higher than MORT's 4.92% 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. MORT - Expense Ratio Comparison
HNDL has a 0.97% expense ratio, which is higher than MORT's 0.42% expense ratio.
Risk-Adjusted Performance
HNDL vs. MORT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and VanEck Vectors Mortgage REIT Income ETF (MORT). 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. MORT - Dividend Comparison
HNDL's dividend yield for the trailing twelve months is around 6.60%, less than MORT's 10.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.60% | 6.78% | 7.87% | 6.86% | 6.69% | 6.82% | 6.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MORT VanEck Vectors Mortgage REIT Income ETF | 10.44% | 12.18% | 13.09% | 8.21% | 8.11% | 7.36% | 8.19% | 7.82% | 8.21% | 9.91% | 10.01% | 15.30% |
Drawdowns
HNDL vs. MORT - Drawdown Comparison
The maximum HNDL drawdown since its inception was -23.72%, smaller than the maximum MORT drawdown of -70.13%. Use the drawdown chart below to compare losses from any high point for HNDL and MORT. For additional features, visit the drawdowns tool.
Volatility
HNDL vs. MORT - Volatility Comparison
The current volatility for Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) is 3.18%, while VanEck Vectors Mortgage REIT Income ETF (MORT) has a volatility of 5.16%. This indicates that HNDL experiences smaller price fluctuations and is considered to be less risky than MORT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.