Strategy Shares Nasdaq 7HANDL Index ETFStrategy Shares Nasdaq 7HANDL Index ETFStrategy Shares Nasdaq 7HANDL Index ETF

Strategy Shares Nasdaq 7HANDL Index ETF

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Key stats


Assets under management (AUM)
‪787.68 M‬USD
Fund flows (1Y)
‪−219.80 M‬USD
Dividend yield (indicated)
6.67%
Discount/Premium to NAV
0.4%

About Strategy Shares Nasdaq 7HANDL Index ETF


Issuer
Rational Advisors, Inc.
Brand
Strategy Shares
Expense ratio
0.97%
Inception date
Jan 17, 2018
Index tracked
Nasdaq 7HANDL Base Index
Management style
Passive
HNDL tracks an index that contains two equally weighted portfolios: a core portfolio and a tactical portfolio. Allocations in the core portfolio are fixed: 70% to US aggregate fixed-income (equally to the top three US aggregate fixed income ETFs by AUM) and 30% to US large-cap equity (half to the top three large-cap US equity ETFs and half to QQQ). The tactical portfolio tracks the Dorsey Wright Explore portfolio, which selects twelve asset categories that historically provide high income. The index holds the ETF with the largest AUM in each asset category. The twelve ETFs are weighted based on a proprietary methodology that includes momentum, yield, and risk metrics. On top of this methodology, the underlying index is leveraged to provide 1.3x the return of the underlying assets. The goal is to achieve a total return over time to support a seven percent annual distribution rate. HNDL is rebalanced monthly.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Capital appreciation
Strategy
Fixed asset allocation
Weighting scheme
Tiered
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF95.81%
Cash3.58%
Government0.61%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.