JPMorgan Hedged Equity Laddered Overlay ETF (HELO)
The fund aims for capital appreciation by investing primarily in equity securities, while employing an enhanced index strategy that hedges market exposure relative to traditional long-only equity strategies, focusing on large capitalization U.S. companies.
ETF Info
Issuer | JPMorgan Chase |
---|---|
Inception Date | Sep 28, 2023 |
Category | Options Trading |
Leveraged | 1x |
Index Tracked | No Index (Active) |
Asset Class | Alternatives |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
HELO features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HELO vs. SPY, HELO vs. VOO, HELO vs. SVOL, HELO vs. PHEQ, HELO vs. UPRO, HELO vs. RSP, HELO vs. SVIX, HELO vs. VOOG, HELO vs. SPLG, HELO vs. NUSI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in JPMorgan Hedged Equity Laddered Overlay ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
JPMorgan Hedged Equity Laddered Overlay ETF had a return of 13.93% year-to-date (YTD) and 270.02% in the last 12 months. Over the past 10 years, JPMorgan Hedged Equity Laddered Overlay ETF had an annualized return of 292.79%, outperforming the S&P 500 benchmark which had an annualized return of 10.92%.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 13.93% | 17.95% |
1 month | 2.30% | 3.13% |
6 months | 8.90% | 9.95% |
1 year | 270.02% | 24.88% |
5 years (annualized) | 292.79% | 13.37% |
10 years (annualized) | 292.79% | 10.92% |
Monthly Returns
The table below presents the monthly returns of HELO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.46% | 2.57% | 1.80% | -1.72% | 3.73% | 2.78% | 0.34% | 2.47% | 13.93% | ||||
2023 | 205.54% | -1.13% | 5.72% | 1.70% | 224.79% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HELO is 90, placing it in the top 10% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for JPMorgan Hedged Equity Laddered Overlay ETF (HELO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
JPMorgan Hedged Equity Laddered Overlay ETF granted a 0.40% dividend yield in the last twelve months. The annual payout for that period amounted to $0.24 per share.
Period | TTM | 2023 |
---|---|---|
Dividend | $0.24 | $0.10 |
Dividend yield | 0.40% | 0.19% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Hedged Equity Laddered Overlay ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.14 | |||
2023 | $0.10 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Hedged Equity Laddered Overlay ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan Hedged Equity Laddered Overlay ETF was 64.77%, occurring on Oct 8, 1998. Recovery took 65 trading sessions.
The current JPMorgan Hedged Equity Laddered Overlay ETF drawdown is 0.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-64.77% | Apr 22, 1998 | 119 | Oct 8, 1998 | 65 | Jan 12, 1999 | 184 |
-50.61% | Jan 13, 1999 | 178 | Sep 27, 1999 | 66 | Dec 30, 1999 | 244 |
-40.15% | Mar 15, 2000 | 134 | Sep 22, 2000 | 35 | Sep 29, 2023 | 169 |
-21.77% | Dec 31, 1999 | 31 | Feb 14, 2000 | 18 | Mar 10, 2000 | 49 |
-13.33% | Feb 5, 1998 | 3 | Feb 9, 1998 | 15 | Mar 3, 1998 | 18 |
Volatility
Volatility Chart
The current JPMorgan Hedged Equity Laddered Overlay ETF volatility is 2.79%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.