PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
HYGV vs. HNDL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HYGVHNDL
YTD Return8.44%13.53%
1Y Return14.56%23.21%
3Y Return (Ann)2.62%1.57%
5Y Return (Ann)4.79%5.44%
Sharpe Ratio3.362.80
Sortino Ratio5.363.96
Omega Ratio1.691.51
Calmar Ratio1.981.55
Martin Ratio25.6517.54
Ulcer Index0.59%1.39%
Daily Std Dev4.49%8.69%
Max Drawdown-23.47%-23.72%
Current Drawdown-0.07%-0.14%

Correlation

-0.50.00.51.00.7

The correlation between HYGV and HNDL is 0.68, 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

HYGV vs. HNDL - Performance Comparison

In the year-to-date period, HYGV achieves a 8.44% return, which is significantly lower than HNDL's 13.53% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.46%
10.50%
HYGV
HNDL

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HYGV vs. HNDL - Expense Ratio Comparison

HYGV has a 0.37% expense ratio, which is lower than HNDL's 0.97% expense ratio.


HNDL
Strategy Shares Nasdaq 7HANDL Index ETF
Expense ratio chart for HNDL: current value at 0.97% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.97%
Expense ratio chart for HYGV: current value at 0.37% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.37%

Risk-Adjusted Performance

HYGV vs. HNDL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL). 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.


HYGV
Sharpe ratio
The chart of Sharpe ratio for HYGV, currently valued at 3.36, compared to the broader market-2.000.002.004.006.003.36
Sortino ratio
The chart of Sortino ratio for HYGV, currently valued at 5.36, compared to the broader market0.005.0010.005.36
Omega ratio
The chart of Omega ratio for HYGV, currently valued at 1.69, compared to the broader market1.001.502.002.503.001.69
Calmar ratio
The chart of Calmar ratio for HYGV, currently valued at 1.98, compared to the broader market0.005.0010.0015.001.98
Martin ratio
The chart of Martin ratio for HYGV, currently valued at 25.65, compared to the broader market0.0020.0040.0060.0080.00100.0025.65
HNDL
Sharpe ratio
The chart of Sharpe ratio for HNDL, currently valued at 2.80, compared to the broader market-2.000.002.004.006.002.80
Sortino ratio
The chart of Sortino ratio for HNDL, currently valued at 3.96, compared to the broader market0.005.0010.003.96
Omega ratio
The chart of Omega ratio for HNDL, currently valued at 1.51, compared to the broader market1.001.502.002.503.001.51
Calmar ratio
The chart of Calmar ratio for HNDL, currently valued at 1.55, compared to the broader market0.005.0010.0015.001.55
Martin ratio
The chart of Martin ratio for HNDL, currently valued at 17.54, compared to the broader market0.0020.0040.0060.0080.00100.0017.54

HYGV vs. HNDL - Sharpe Ratio Comparison

The current HYGV Sharpe Ratio is 3.36, which is comparable to the HNDL Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of HYGV and HNDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.36
2.80
HYGV
HNDL

Dividends

HYGV vs. HNDL - Dividend Comparison

HYGV's dividend yield for the trailing twelve months is around 8.24%, more than HNDL's 6.64% yield.


TTM202320222021202020192018
HYGV
FlexShares High Yield Value-Scored US Bond Index Fund
8.24%8.77%7.64%7.15%6.18%7.95%5.63%
HNDL
Strategy Shares Nasdaq 7HANDL Index ETF
6.64%6.78%7.86%6.86%6.68%6.82%6.91%

Drawdowns

HYGV vs. HNDL - Drawdown Comparison

The maximum HYGV drawdown since its inception was -23.47%, roughly equal to the maximum HNDL drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for HYGV and HNDL. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.07%
-0.14%
HYGV
HNDL

Volatility

HYGV vs. HNDL - Volatility Comparison

The current volatility for FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) is 1.02%, while Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) has a volatility of 2.49%. This indicates that HYGV experiences smaller price fluctuations and is considered to be less risky than HNDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%JuneJulyAugustSeptemberOctoberNovember
1.02%
2.49%
HYGV
HNDL