PICK vs. HNDL
Compare and contrast key facts about iShares MSCI Global Select Metals & Mining Producers ETF (PICK) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL).
PICK and HNDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PICK is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Metals & Mining Producers Ex Gold & Silver Investable Market Index. It was launched on Jan 31, 2012. 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. Both PICK and HNDL 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: PICK or HNDL.
Key characteristics
| PICK | HNDL | |
|---|---|---|
| YTD Return | -0.93% | -0.39% |
| 1Y Return | 8.67% | 7.23% |
| 3Y Return (Ann) | 3.20% | -0.58% |
| 5Y Return (Ann) | 12.68% | 3.89% |
| Sharpe Ratio | 0.37 | 0.65 |
| Daily Std Dev | 21.92% | 9.47% |
| Max Drawdown | -68.88% | -23.72% |
| Current Drawdown | -9.92% | -8.82% |
Correlation
The correlation between PICK and HNDL is 0.44, 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
PICK vs. HNDL - Performance Comparison
In the year-to-date period, PICK achieves a -0.93% return, which is significantly lower than HNDL's -0.39% 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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PICK vs. HNDL - Expense Ratio Comparison
PICK has a 0.39% expense ratio, which is lower than HNDL's 0.97% expense ratio.
Risk-Adjusted Performance
PICK vs. HNDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Select Metals & Mining Producers ETF (PICK) 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.
Dividends
PICK vs. HNDL - Dividend Comparison
PICK's dividend yield for the trailing twelve months is around 4.23%, less than HNDL's 7.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PICK iShares MSCI Global Select Metals & Mining Producers ETF | 4.23% | 4.19% | 6.93% | 5.89% | 2.27% | 5.50% | 4.76% | 2.41% | 1.15% | 15.73% | 2.88% | 3.38% |
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 7.05% | 6.78% | 7.87% | 6.86% | 6.69% | 6.82% | 6.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PICK vs. HNDL - Drawdown Comparison
The maximum PICK drawdown since its inception was -68.88%, which is greater than HNDL's maximum drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for PICK and HNDL. For additional features, visit the drawdowns tool.
Volatility
PICK vs. HNDL - Volatility Comparison
iShares MSCI Global Select Metals & Mining Producers ETF (PICK) has a higher volatility of 5.47% compared to Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) at 2.72%. This indicates that PICK'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.