HNDL vs. MVFG ETF Comparison
Comparison of Strategy Shares Nasdaq 7 Handl Index ETF (HNDL) to Monarch Volume Factor Global Unconstrained Index ETF (MVFG)
HNDL
Strategy Shares Nasdaq 7 Handl Index ETF
HNDL Description
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).
Grade (RS Rating)
Last Trade
$21.46
Average Daily Volume
68,254
12
MVFG
Monarch Volume Factor Global Unconstrained Index ETF
MVFG Description
MVFG is a fund of fund, emphasizing equity ETFs with strong cash flow and adjusting towards treasury ETFs during cash flow challenges. The fund seeks to replicate the performance of its target index, composed of up to 25 equally weighted equity ETFs selected for financial health, alongside treasury ETFs as necessary. Screening US-listed equity ETFs with global exposure, including emerging markets, the fund adheres to specific criteria like no leverage, non-inverse fund structure, assets over $50 million, and a trading history of at least two years. Following the proprietary Volume Factor methodology, it identifies sectors with positive cash flow dynamics. MVFG's adaptable strategy involves adjusting sector allocations in response to financial trends, ensuring a proportional representation of index securities. During market downturns, the fund may increase exposure to treasury ETFs while rebalancing sector weightings to navigate evolving market conditions. MVFG focuses on global market intricacies and aims for diversified positive cash flow strategies.Grade (RS Rating)
Last Trade
$26.84
Average Daily Volume
4,476
10
Performance
Period | HNDL | MVFG |
---|---|---|
30 Days | -2.72% | -2.03% |
60 Days | -1.22% | -1.25% |
90 Days | 1.56% | 3.87% |
12 Months | 17.06% |
1 Overlapping Holdings
Symbol | Grade | Weight in HNDL | Weight in MVFG | Overlap | |
---|---|---|---|---|---|
SCHH | D | 5.74% | 4.32% | 4.32% |
HNDL: Top Represented Industries & Keywords
MVFG: Top Represented Industries & Keywords