YLD vs. HNDL
Compare and contrast key facts about Principal Active High Yield ETF (YLD) and Strategy Shares Nasdaq 7HANDL Index ETF (HNDL).
YLD and HNDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YLD is an actively managed fund by Principal. It was launched on Jul 9, 2015. 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: YLD or HNDL.
Key characteristics
| YLD | HNDL | |
|---|---|---|
| YTD Return | 9.58% | 13.63% |
| 1Y Return | 15.22% | 24.54% |
| 3Y Return (Ann) | 4.13% | 1.44% |
| 5Y Return (Ann) | 5.15% | 5.51% |
| Sharpe Ratio | 2.65 | 2.62 |
| Sortino Ratio | 4.11 | 3.69 |
| Omega Ratio | 1.49 | 1.47 |
| Calmar Ratio | 6.82 | 1.40 |
| Martin Ratio | 29.63 | 16.56 |
| Ulcer Index | 0.50% | 1.39% |
| Daily Std Dev | 5.57% | 8.81% |
| Max Drawdown | -28.34% | -23.72% |
| Current Drawdown | -0.05% | -0.05% |
Correlation
The correlation between YLD and HNDL is 0.52, 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
YLD vs. HNDL - Performance Comparison
In the year-to-date period, YLD achieves a 9.58% return, which is significantly lower than HNDL's 13.63% 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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YLD vs. HNDL - Expense Ratio Comparison
YLD has a 0.39% expense ratio, which is lower than HNDL's 0.97% expense ratio.
Risk-Adjusted Performance
YLD vs. HNDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Active High Yield ETF (YLD) 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
YLD vs. HNDL - Dividend Comparison
YLD's dividend yield for the trailing twelve months is around 6.86%, more than HNDL's 6.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
YLD Principal Active High Yield ETF | 6.86% | 6.46% | 6.50% | 4.22% | 4.40% | 4.81% | 5.82% | 5.86% | 4.83% | 2.56% |
HNDL Strategy Shares Nasdaq 7HANDL Index ETF | 6.63% | 6.78% | 7.86% | 6.86% | 6.68% | 6.82% | 6.91% | 0.00% | 0.00% | 0.00% |
Drawdowns
YLD vs. HNDL - Drawdown Comparison
The maximum YLD drawdown since its inception was -28.34%, which is greater than HNDL's maximum drawdown of -23.72%. Use the drawdown chart below to compare losses from any high point for YLD and HNDL. For additional features, visit the drawdowns tool.
Volatility
YLD vs. HNDL - Volatility Comparison
The current volatility for Principal Active High Yield ETF (YLD) is 2.06%, while Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) has a volatility of 2.49%. This indicates that YLD 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.