HNDL - HNDL: An Interesting Approach To Asset Allocation

2024-03-08 15:21:31 ET

Summary

• Strategy Shares Nasdaq 7 Handl™ Index ETF is a unique fund-of-funds ETF that aims to deliver a consistent 7% annual distribution rate.
• The HNDL ETF's portfolio is comprised of 19 ETFs, including U.S. equities, bonds, and alternative investments.
• HNDL's performance and unique strategy stand out compared to other similar ETFs, but it charges a higher management fee.

It's always interesting to me to see how other exchange-traded fund ("ETF") issuers use the ETF wrapper to bring unique strategies to market that don't fit neatly in any particular asset class or style box. One fund that is interesting in that regard is the Strategy Shares Nasdaq 7 Handl™ Index ETF ( HNDL ). HNDL is a unique fund-of-funds ETF that aims to deliver a consistent 7% annual distribution rate. It was designed to provide investors with diversified exposure by investing in a collection of other ETFs. HNDL's holdings span across multiple asset classes, including U.S. equities, bonds, and alternative investments. The fund also employs a moderate level of leverage, equal to 23% of the total portfolio, to enhance its potential returns....

For further details see: