QQQH vs. HNDL
Compare and contrast key facts about NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL).
QQQH and HNDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQH is managed by Neos. It was launched on Dec 19, 2019. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQH or HNDL.
Correlation
The correlation between QQQH and HNDL is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
QQQH vs. HNDL - Performance Comparison
Key characteristics
QQQH:
0.13
HNDL:
0.80
QQQH:
1.40
HNDL:
1.21
QQQH:
1.57
HNDL:
1.17
QQQH:
0.32
HNDL:
0.85
QQQH:
3.20
HNDL:
3.69
QQQH:
5.19%
HNDL:
2.83%
QQQH:
123.90%
HNDL:
13.06%
QQQH:
-52.73%
HNDL:
-23.72%
QQQH:
-6.66%
HNDL:
-4.46%
Returns By Period
In the year-to-date period, QQQH achieves a -3.09% return, which is significantly lower than HNDL's -0.25% return.
QQQH
-3.09%
1.10%
-0.50%
15.43%
6.85%
N/A
HNDL
-0.25%
-0.40%
-1.16%
9.30%
4.78%
N/A
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QQQH vs. HNDL - Expense Ratio Comparison
QQQH has a 0.68% expense ratio, which is lower than HNDL's 0.97% expense ratio.
Risk-Adjusted Performance
QQQH vs. HNDL — Risk-Adjusted Performance Rank
QQQH
HNDL
QQQH vs. HNDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) 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
QQQH vs. HNDL - Dividend Comparison
QQQH's dividend yield for the trailing twelve months is around 8.59%, more than HNDL's 7.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | 8.59% | 7.52% | 7.17% | 9.05% | 7.77% | 7.48% | 0.65% | 0.00% |
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 7.22% | 7.02% | 6.78% | 7.87% | 6.86% | 6.69% | 6.39% | 6.91% |
Drawdowns
QQQH vs. HNDL - Drawdown Comparison
The maximum QQQH drawdown since its inception was -52.73%, which is greater than HNDL's maximum drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for QQQH and HNDL. For additional features, visit the drawdowns tool.
Volatility
QQQH vs. HNDL - Volatility Comparison
NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) has a higher volatility of 11.33% compared to Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) at 9.72%. This indicates that QQQH'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.