Strategy Shares Nasdaq 7HANDL Index ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$20.87
- Net Assets:$0 Million
- NAV:$21.11
- Premium-1.14%
- Peer Rank:67 of 161
- Investment Rating:C
- Performance:C
- RiskB-
We rate Strategy Shares Nasdaq 7HANDL Index at C. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Growth & Income strategy.
Total return ranks below peers over the last three years. The Strategy Shares Nasdaq 7HANDL Index has returned an annual rate of 4.04% since inception. More recently, the fund has generated a total return of 5.16% in the last five years, 1.75% in the last three years, and 13.03% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 48% of them. It has also outpaced 43% of its competitors on a three year basis and 61% of them over the last year for the period ending 2/29/2024. On a year to date basis, HNDL has returned 2.99%.
Downside risk has been below average. HNDL has a draw down risk of -28.83%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 14.5%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As HNDL is an exchange traded fund, it has no front end or back end load.
The Strategy Shares Nasdaq 7HANDL Index is managed by David Miller at Rational Advisors Inc. This fund is one of 3 Rational Advisors Inc exchange-traded funds launched since 1/16/2018 that we track.