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
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Popular comparisons: HELO vs. VOO, HELO vs. SPY, HELO vs. PHEQ, HELO vs. SVOL, HELO vs. SVIX, HELO vs. UPRO, HELO vs. NUSI, HELO vs. RSP, HELO vs. VOOG, HELO vs. SPLG
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 19.28% year-to-date (YTD) and 22.29% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 19.28% | 25.48% |
| 1 month | 1.72% | 2.14% |
| 6 months | 10.19% | 12.76% |
| 1 year | 22.29% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
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% | 1.68% | -0.05% | 19.28% | ||
| 2023 | -1.13% | 5.72% | 1.70% | 6.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HELO is 95, placing it in the top 5% 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 provided a 0.51% dividend yield over the last twelve months, with an annual payout of $0.32 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.32 | $0.10 |
Dividend yield | 0.51% | 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 | $0.08 | $0.00 | $0.00 | $0.22 | |
| 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 4.16%, occurring on Aug 5, 2024. Recovery took 9 trading sessions.
The current JPMorgan Hedged Equity Laddered Overlay ETF drawdown is 0.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.16% | Jul 17, 2024 | 14 | Aug 5, 2024 | 9 | Aug 16, 2024 | 23 |
| -3.6% | Oct 18, 2023 | 8 | Oct 27, 2023 | 5 | Nov 3, 2023 | 13 |
| -2.93% | Apr 1, 2024 | 15 | Apr 19, 2024 | 11 | May 6, 2024 | 26 |
| -2.71% | Sep 3, 2024 | 4 | Sep 6, 2024 | 9 | Sep 19, 2024 | 13 |
| -1.5% | Oct 30, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
Volatility
Volatility Chart
The current JPMorgan Hedged Equity Laddered Overlay ETF volatility is 2.37%, 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.