- CUSIP
- 46654Q625
- Issuer
- JPMorgan
- Category
- Nasdaq-100, Equity Hedged
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Assets Under Management
- $34M
Share Price Chart
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Performance
HEQQ Performance Chart
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) is up 4.7% since the beginning of the year. HEQQ is currently trading at $61 per share.
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Returns By Period
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) has returned 4.67% so far this year and 17.08% over the past 12 months.
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF
- 1D
- -0.15%
- 1M
- 0.96%
- YTD
- 4.67%
- 6M
- 4.45%
- 1Y
- 17.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
HEQQ Monthly Returns History
Based on dividend-adjusted daily data since Mar 27, 2025, HEQQ's average daily return is +0.07%, while the average monthly return is +1.31%. At this rate, an investment would double in approximately 4.4 years.
Historically, 69% of months were positive and 31% were negative. The best month was Apr 2026 with a return of +7.0%, while the worst month was Mar 2026 at -2.6%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 2 months.
On a daily basis, HEQQ closed higher 61% of trading days. The best single day was Apr 9, 2025 with a return of +5.8%, while the worst single day was Apr 3, 2025 at -2.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.56% | -2.15% | -2.61% | 6.99% | 1.62% | -0.52% | 4.67% | ||||||
| 2025 | -1.15% | 0.83% | 4.61% | 2.89% | 1.23% | 1.67% | 3.92% | 2.09% | 0.46% | -0.40% | 17.20% |
Benchmark Metrics
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF has an annualized alpha of 3.06%, beta of 0.58, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since March 28, 2025.
- This ETF participated in 71.66% of S&P 500 Index downside but only 67.06% of its upside - more exposed to losses than it benefited from rallies.
- This ETF generated an annualized alpha of 3.06% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.58 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 3.06%
- Beta
- 0.58
- R²
- 0.89
- Upside Capture
- 67.06%
- Downside Capture
- 71.66%
Expense Ratio
HEQQ has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HEQQ ranks 59 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) and compare them to S&P 500 Index.
| HEQQ | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.11 | 2.24 | -0.13 |
Sortino ratioReturn per unit of downside risk | 2.96 | 3.07 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.41 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.93 | -0.68 |
Martin ratioReturn relative to average drawdown | 8.86 | 13.52 | -4.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF provided a 0.19% dividend yield over the last twelve months, with an annual payout of $0.12 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.12 | $0.11 |
Dividend yield | 0.19% | 0.19% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Nasdaq 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.11 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Nasdaq 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 Nasdaq Hedged Equity Laddered Overlay ETF was 7.64%, occurring on Mar 30, 2026. Recovery took 18 trading sessions.
The current JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF drawdown is 0.55%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -7.64%Mar 2026 | 2mo | 25d | 2mo 25dJan 2026 - Apr 2026 |
2025 selloff2025 | -6.73%Apr 2025 | 11d | 23d | 1mo 4dMar 2025 - May 2025 |
2025 pullback2025 | -3.34%Nov 2025 | 21d | 8d | 29dOct 2025 - Nov 2025 |
2025 pullback2025 | -2.92%Dec 2025 | 6d | 23d | 29dDec 2025 - Jan 2026 |
2026 pullback2026 | -1.82%Jan 2026 | 7d | 7d | 14dJan 2026 - Jan 2026 |
Drawdown Indicators
| HEQQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.64% | -56.78% | +49.14% |
Max Drawdown (1Y)Largest decline over 1 year | -7.64% | -9.10% | +1.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.55% | -0.74% | +0.19% |
Average DrawdownAverage peak-to-trough decline | -1.11% | -10.72% | +9.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 1.97% | -0.04% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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