MORT vs. HNDL
MORT (VanEck Mortgage REIT Income ETF) and HNDL (Strategy Shares Nasdaq 7HANDL Index ETF) are both exchange-traded funds - MORT is a REIT fund tracking the MVIS US Mortgage REITs Index, while HNDL is a Diversified Portfolio fund tracking the NASDAQ 7 HANDL™ Index. Both are passively managed. Over the past 5 years, MORT returned -0.99%/yr vs 4.44%/yr for HNDL. Their 0.55 correlation means they have sometimes moved together and sometimes differently. MORT charges 0.43%/yr vs 0.97%/yr for HNDL.
Performance
MORT vs. HNDL - Performance Comparison
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Returns By Period
In the year-to-date period, MORT achieves a 0.24% return, which is significantly lower than HNDL's 6.78% return.
MORT
- 1D
- 0.83%
- 1M
- -1.61%
- 6M
- -1.81%
- YTD
- 0.24%
- 1Y
- 7.47%
- 3Y*
- 5.65%
- 5Y*
- -0.99%
- 10Y*
- 1.76%
- ALL TIME*
- 4.07%
HNDL
- 1D
- 0.44%
- 1M
- -0.39%
- 6M
- 5.25%
- YTD
- 6.78%
- 1Y
- 11.98%
- 3Y*
- 11.41%
- 5Y*
- 4.44%
- 10Y*
- —
- ALL TIME*
- 5.63%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.06M | $1.10M | $1.31M | |
| $11.29M | $14.10M | $10.03M |
MORT vs. HNDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MORT VanEck Mortgage REIT Income ETF | 0.24% | 12.17% | 0.14% | 14.74% | -26.92% | 15.95% | -22.39% | 21.26% | -1.46% |
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.78% | 10.76% | 10.66% | 13.28% | -19.12% | 9.06% | 12.03% | 15.66% | -5.82% |
Correlation
The correlation between MORT and HNDL is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.64 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jan 17, 2018 | 0.55 |
The correlation between MORT and HNDL shifts across timeframes, from 0.55 (all time) to 0.68 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MORT vs. HNDL — Risk / Return Rank
MORT
HNDL
MORT vs. HNDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Mortgage REIT Income ETF (MORT) 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.
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.
| MORT | HNDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.29 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.53 | 2.42 | -1.90 |
| Martin ratioReturn relative to average drawdown | 1.27 | 9.68 | -8.41 |
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Drawdowns
MORT vs. HNDL - Drawdown Comparison
The maximum MORT drawdown since its inception was -70.13%, which is greater than HNDL's maximum drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for MORT and HNDL.
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Drawdown Indicators
| MORT | HNDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.13% | -23.72% | -46.41% |
Max Drawdown (1Y)Largest decline over 1 year | -14.27% | -4.96% | -9.31% |
Max Drawdown (3Y)Largest decline over 3 years | -19.93% | -12.25% | -7.68% |
Max Drawdown (5Y)Largest decline over 5 years | -42.48% | -23.72% | -18.76% |
Max Drawdown (10Y)Largest decline over 10 years | -70.13% | — | — |
Current DrawdownCurrent decline from peak | -21.42% | -0.91% | -20.51% |
Average DrawdownAverage peak-to-trough decline | -15.37% | -4.79% | -10.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.90% | 1.24% | +4.66% |
Volatility
MORT vs. HNDL - Volatility Comparison
VanEck Mortgage REIT Income ETF (MORT) has a higher volatility of 5.04% compared to Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) at 1.64%. This indicates that MORT's price experiences larger fluctuations and is considered to be riskier than HNDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MORT | HNDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.04% | 1.64% | +3.40% |
Volatility (6M)Calculated over the trailing 6-month period | 12.40% | 5.88% | +6.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.98% | 7.55% | +9.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.59% | 11.57% | +12.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.89% | 10.69% | +18.20% |
MORT vs. HNDL - Expense Ratio Comparison
MORT has a 0.43% expense ratio, which is lower than HNDL's 0.97% expense ratio.
Dividends
MORT vs. HNDL - Dividend Comparison
MORT's dividend yield for the trailing twelve months is around 15.23%, more than HNDL's 6.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.95% | 6.86% | 7.02% | 6.78% | 7.87% | 6.86% | 6.21% | 5.27% | 6.42% | 0.00% | 0.00% | 0.00% |
MORT VanEck Mortgage REIT Income ETF | 15.23% | 12.76% | 11.55% | 12.18% | 13.09% | 8.21% | 8.11% | 7.36% | 8.19% | 7.82% | 8.21% | 9.91% |
Frequently Asked Questions
MORT and HNDL have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MORT has higher volatility (5.04%) compared to HNDL (1.64%). In terms of maximum drawdown, MORT dropped -70.13% vs HNDL's -23.72%.
On 5-year performance, HNDL leads with 4.44% vs -0.99% for MORT. On fees, MORT is cheaper at 0.43% per year. On volatility, HNDL has been the lower-risk option at 1.64%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, HNDL has performed better with a 4.44% return vs -0.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MORT is cheaper with a 0.43% expense ratio, compared with 0.97% for HNDL.
MORT has the higher dividend yield at 15.23%, compared with 6.95% for HNDL.
MORT is categorized as REIT, while HNDL is Diversified Portfolio. MORT tracks MVIS US Mortgage REITs Index, while HNDL tracks NASDAQ 7 HANDL™ Index. They also come from different issuers: VanEck and Strategy Shares. Their fees differ too: 0.43% for MORT and 0.97% for HNDL.
HNDL currently has the higher Sharpe Ratio (1.60 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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