ETF Evaluator: Strategy Shares Nasdaq 7 Handl™ ETF () Follow This ETF

Strategy Shares Nasdaq 7 Handl™ ETF Overview

Strategy Shares Nasdaq 7 Handl™ ETF (HNDL) is a passively managed Allocation Moderately Conservative Allocation exchange-traded fund (ETF). Strategy Shares launched the ETF in 2018.

The investment seeks investment results that correlate generally, before fees and expenses, to the price and yield performance of the NASDAQ 7 HANDL™ Index. The fund will invest at least 80% of its assets in securities of the NASDAQ 7 HANDL™ Index (the "index"). The index consists of securities issued by exchange-traded funds ("ETFs") and is split into two components, with a 50% allocation to fixed income and equity ETFs (the "Core Portfolio") and a 50% allocation to ETFs of 12 asset categories (the "Explore Portfolio").

About Strategy Shares Nasdaq 7 Handl™ ETF (HNDL)

There are 2 members of the management team with an average tenure of 6.23 years: David Miller (2018) and Charles Ashley (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and NASDAQ 7 HANDL TR USD index with a weighting of 100%. Strategy Shares Nasdaq 7 Handl™ ETF has 23 securities in its portfolio. The top 10 holdings constitute 79.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Strategy Shares Nasdaq 7 Handl™ ETF is part of the Allocation global asset class and is within the Allocation ETF group. Strategy Shares Nasdaq 7 Handl™ ETF has 4.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 36.7% There is 1.8% allocated to foreign stock, and 2.7% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 34.5% (32.0% domestic bond, 2.5% foreign bond and 0.5% convertible bond). Strategy Shares Nasdaq 7 Handl™ ETF has 1.1% of the portfolio in cash.

Assets Under Management

The fund has $630 million in total assets, which is above the $609 million average for the Moderately Conservative Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

HNDL Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Strategy Shares Nasdaq 7 Handl™ ETF expense ratio is high compared to funds in the Moderately Conservative Allocation category. Strategy Shares Nasdaq 7 Handl™ ETF has an expense ratio of 0.95%, which is 25% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Strategy Shares Nasdaq 7 Handl™ ETF has a portfolio turnover rate of 41%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 73% for the Moderately Conservative Allocation category.

Recently, in the month of July 2026, Strategy Shares Nasdaq 7 Handl™ ETF returned -1.2%, which earned it a grade of F, as the Moderately Conservative Allocation category had an average return of -0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Strategy Shares Nasdaq 7 Handl™ ETF has a trailing yield of 6.99%, which is above the 4.84% category average. The fund normally distributes its income monthly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Strategy Shares Nasdaq 7 Handl™ ETF Grades

Year to date, the ETF has returned 6.2%, 0.7 percentage points better than the category, which translates into a grade of B. The fund has returned 11.0% over the past year (grade of F), 10.3% over the past three years (grade of A) and 4.4% per year over the past five years (grade of A).

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