JPMorgan Hedged Equity Laddered Overlay ETF (HELO) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HELO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HELO
HELO charges 0.50% annually. There are 4 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 140.25M | Oct 2023 | HELO vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.58M | Jul 2025 | HELO vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 300.35M | Nov 2021 | HELO vs HEQT | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.25M | Jan 2021 | HELO vs ISWN | |
| PGIM US Large-Cap Buffer 12 ETF - March | 0.50% | — | Feb 2024 | HELO vs MRCP |
Best Risk-Adjusted Alternatives to HELO
HELO has a PortfoliosLab risk / return rank of 48. There are 116 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | HELO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.26M | Mar 2023 | HELO vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 190.94M | May 2020 | HELO vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | HELO vs PBAP | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 98 | — | Mar 2024 | HELO vs XIMR |
Top Performing HELO Alternatives (YTD)
HELO is at 2.86% YTD. There are 129 ETFs in the Options Trading category with higher YTD returns, going as high as 113.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 113.61% | 443.39M | Sep 2023 | HELO vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 16.43% | 190.88M | Sep 2023 | HELO vs QQQY | |
| Kurv Technology Titans Select ETF | 15.18% | 100.42M | Jul 2024 | HELO vs KQQQ | |
| REX NVIDIA Growth & Income ETF | 15.17% | 106.68M | May 2025 | HELO vs NVII | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 14.45% | 923.83M | Mar 2024 | HELO vs QDTE |
Lowest Volatility Alternatives to HELO
HELO has 6.44% 1-year volatility. There are 74 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.27%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.27% | — | Mar 2024 | HELO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | 1.56% | 13.64M | Jun 2023 | HELO vs JULJ | |
| Innovator Premium Income 30 Barrier ETF - April | 1.56% | 32.26M | Mar 2023 | HELO vs APRJ | |
| Alpha Architect Tail Risk ETF | 1.56% | 668.40M | Aug 2013 | HELO vs CAOS | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.04% | — | Mar 2024 | HELO vs XIMR |
Lowest Drawdown Alternatives to HELO
HELO has a 1-year max drawdown of -5.76%. There are 89 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | HELO vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.26M | Mar 2023 | HELO vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.64M | Jun 2023 | HELO vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 668.40M | Aug 2013 | HELO vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 190.94M | May 2020 | HELO vs APRW |
Other ETFs from JPMorgan
The 10 most viewed JPMorgan ETFs shown here include JEPQ, JEPI, JPST and span 11 categories. AUM among these funds goes as high as $45B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | Nasdaq-100, Derivative Income | 68 | 9.58% | 40.37B | May 2022 | HELO vs JEPQ | |
| JPMorgan Equity Premium Income ETF | Dividend, Derivative Income | 31 | 2.97% | 45.17B | May 2020 | HELO vs JEPI | |
| JPMorgan Ultra-Short Income ETF | Ultrashort Bond | 99 | 1.81% | 39.85B | May 2017 | HELO vs JPST | |
| JPMorgan Income ETF | Multisector Bonds | 95 | 1.82% | 9.91B | Oct 2021 | HELO vs JPIE | |
| JPMorgan U.S. Quality Factor ETF | Large Cap Blend Equities | 73 | 15.11% | 8.19B | Nov 2017 | HELO vs JQUA | |
| JPMorgan U.S. Tech Leaders ETF | Technology Equities, Actively Managed | 28 | 15.38% | 4.40B | Oct 2023 | HELO vs JTEK | |
| JPMorgan U.S. Momentum Factor ETF | Momentum, Large Cap Blend Equities | 80 | 22.69% | 2.51B | Nov 2017 | HELO vs JMOM | |
| JPMorgan Limited Duration Bond ETF | Short-Term Bond | 94 | 1.35% | 3.94B | Feb 1993 | HELO vs JPLD | |
| JPMorgan BetaBuilders U.S. Equity ETF | Large Cap Blend Equities | 63 | 10.50% | 8.68B | Mar 2019 | HELO vs BBUS | |
| JPMorgan Core Plus Bond ETF | Intermediate Core-Plus Bond | 45 | 0.49% | 13.71B | Jan 2019 | HELO vs JCPB |
Often Compared With HELO
Investors most often compare HELO with SPY, VOO, JHQDX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare HELO with Any Fund or Stock
Compare HELO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HELO with funds that move differently
JPMorgan Hedged Equity Laddered Overlay ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HELO.
Explore HELO Diversifiers