HNDL

Strategy Shares Nasdaq 7HANDL Index ETF

$22.09
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) seeks to provide a high level of current income and, as a secondary objective, long-term capital appreciation.

Overview

ETF tracking Strategy Shares Nasdaq 7HANDL Index ETF

Category Technology
Issuer Other
Inception Date 2018-01-17
Market Cap $674.7M
Average Volume N/A
Dividend Yield 5.70%
52-Week Range $19.20 - $22.55
VWAP $22.05

Performance

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Investment Summary

📎 Investment Objective

The Strategy Shares Nasdaq 7HANDL Index ETF (HNDL) seeks to provide a high level of current income and, as a secondary objective, long-term capital appreciation.

🎯 Investment Strategy

The ETF tracks the Nasdaq 7HANDL Index, which is designed to provide a 'target' annual distribution rate of 7% by investing in a diversified portfolio of U.S. and international stocks, bonds, real estate, and alternative asset classes.

✨ Key Features

  • Diversified multi-asset portfolio aiming for a 7% annual distribution rate
  • Exposure to stocks, bonds, real estate, and alternative investments
  • Targets a high level of current income as the primary objective
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Interest rate risk: Bond prices may fall as interest rates rise
  • Credit risk: Issuers of fixed-income securities may default on their obligations
  • Diversification risk: The ETF's multi-asset approach may not provide the expected diversification benefits

👤 Best For

The Strategy Shares Nasdaq 7HANDL Index ETF may be suitable for investors seeking a high level of current income and a diversified multi-asset portfolio, with a moderate to high risk tolerance and a long-term investment horizon.