I last covered the Strategy Shares NASDAQ 7 HANDL Index ETF (NASDAQ:HNDL), a diversified, leveraged, multi-asset class fund of funds, in early 2023. In that article, I argued that HNDL's diversified holdings and below-average risk and volatility made the fund a buy. Since then, the fund has seen total returns of about 10%, in-line with those of its underlying holdings. At the same time, since I last covered the fund I've grown much more bullish on the Saba Closed-End Funds ETF (BATS: CEFS), a diversified fund of CEFs.