HNDL vs. THRV

Last updated Jun 24, 2026

HNDL (Strategy Shares Nasdaq 7HANDL Index ETF) and THRV (Prospera Income ETF) are both Diversified Portfolio funds. HNDL is passively managed, while THRV is actively managed. A 0.72 correlation means they provide meaningful diversification when combined. HNDL charges 0.97%/yr vs 1.80%/yr for THRV.

Performance

HNDL vs. THRV - Performance Comparison

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

Returns By Period

In the year-to-date period, HNDL achieves a 6.62% return, which is significantly higher than THRV's 1.77% return.

HNDL

• 1D: -0.20%
• 1M: -0.34%
• YTD: 6.62%
• 6M: 6.43%
• 1Y: 14.43%
• 3Y*: 11.67%
• 5Y*: 4.77%
• 10Y*: —

THRV

• 1D: -0.02%
• 1M: -0.35%
• YTD: 1.77%
• 6M: 1.87%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HNDL vs. THRV - Yearly Performance Comparison

	2026 (YTD)	2025
HNDL Strategy Shares Nasdaq 7HANDL Index ETF	6.62%	0.76%
THRV Prospera Income ETF	1.77%	0.15%

Correlation

The correlation between HNDL and THRV is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025	0.72

Return for Risk

HNDL vs. THRV — Risk / Return Rank

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

HNDL

HNDL Risk / Return Rank: 62
HNDL Sharpe Ratio Rank: 61
HNDL Sortino Ratio Rank: 59
HNDL Omega Ratio Rank: 61
HNDL Calmar Ratio Rank: 62
HNDL Martin Ratio Rank: 68

THRV

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. THRV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) and Prospera Income ETF (THRV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HNDL	THRV	Difference
Sharpe ratio: Return per unit of total volatility	1.90	—	—
Sortino ratio: Return per unit of downside risk	2.63	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.92	—	—
Martin ratio: Return relative to average drawdown	11.88	—	—

Drawdowns

HNDL vs. THRV - Drawdown Comparison

The maximum HNDL drawdown since its inception was -23.72%, which is greater than THRV's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for HNDL and THRV.

Drawdown Indicators

	HNDL	THRV	Difference
Max Drawdown Largest peak-to-trough decline	-23.72%	-1.50%	-22.22%
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	-0.77%	-0.60%	-0.17%
Average Drawdown Average peak-to-trough decline	-4.84%	-0.44%	-4.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	—	—

Volatility

Volatility by Period

	HNDL	THRV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.63%	2.95%	+4.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.55%	2.95%	+8.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.74%	2.95%	+7.79%

HNDL vs. THRV - Expense Ratio Comparison

HNDL has a 0.97% expense ratio, which is lower than THRV's 1.80% expense ratio.

Dividends

HNDL vs. THRV - Dividend Comparison

HNDL's dividend yield for the trailing twelve months is around 6.89%, more than THRV's 5.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HNDL Strategy Shares Nasdaq 7HANDL Index ETF	6.89%	6.86%	7.02%	6.78%	7.87%	6.86%	6.21%	5.27%	6.42%
THRV Prospera Income ETF	5.40%	1.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HNDL and THRV in my portfolio?

HNDL and THRV have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HNDL or THRV?

On fees, HNDL is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HNDL or THRV?

HNDL is cheaper with a 0.97% expense ratio, compared with 1.80% for THRV.

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

HNDL has the higher dividend yield at 6.89%, compared with 5.40% for THRV.

What is the main difference between HNDL and THRV?

They also come from different issuers: Rational Capital LLC and Prospera Funds. Their fees differ too: 0.97% for HNDL and 1.80% for THRV.