HNDL Fees and Costs — Strategy Shares Nasdaq 7 HANDL(TM) Index ETF
Data updated: 2026-09-28
The net expense ratio is 0.94%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $163K in broker commissions, 0.0246% of average net assets, and portfolio turnover was 41%.
HNDL Fees and Expenses
Annual operating expenses and sales charges of HNDL. Prospectus, as of August 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.94% |
| Fee waiver | — |
| Net expense ratio | 0.94% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
HNDL Costs Over Time
On $10,000 invested in HNDL, assuming 5% a year before costs, total costs come to $604 over 5 years, cutting the return by 1.01% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.94%) | $99 | $308 | $534 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $332 | $604 |
| Value after costs | $10,399 | $11,244 | $12,159 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
HNDL Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0246%
- Total broker commissions: $163K
- Bought from dealers (principal trades, not a cost): $105.5M
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
HNDL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mischler Financial Group, Inc. | $163K | 99.78% |
| BTIG, LLC. | $362 | 0.22% |
HNDL Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $46.0M | 43.63% |
| Goldman Sachs & Co. LLC | $41.7M | 39.55% |
| BNP Paribas Securities Corp. | $13.6M | 12.86% |
| Virtu Americas LLC | $4.2M | 3.97% |
| Oppenheimer & Co. Inc. | $0 | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.