PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) Alternatives

ETF · Currency in USD · Last updated Jul 14, 2026

An actively managed fund that invests in U.S. large-cap companies listed on the NASDAQ Stock Market, employing a laddered options overlay strategy to provide downside protection.

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HEQQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HEQQ

HEQQ charges 0.50% annually. There are 71 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.13%.

SymbolNameExpense RatioAUMInception
ANXG.L
Amundi Nasdaq-100 UCITS USD0.13%2.47BApr 2018HEQQ vs ANXG.L
ANXU.L
Amundi Nasdaq-100 UCITS USD0.13%3.32BApr 2018HEQQ vs ANXU.L
ANAU.DE
AXA IM NASDAQ 100 UCITS ETF - USD Acc0.14%—Nov 2022HEQQ vs ANAU.DE
QQQX.TO
Global X Nasdaq-100 Index ETF0.15%—May 2024HEQQ vs QQQX.TO
QQQM
Invesco NASDAQ 100 ETF0.15%100.59BOct 2020HEQQ vs QQQM

Best Risk-Adjusted Alternatives to HEQQ

HEQQ has a PortfoliosLab risk / return rank of 52. There are 88 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.

SymbolNameRisk / Return RankAUMInception
NAPR
Innovator Nasdaq-100 Power Buffer ETF - April
97
210.48MMar 2020HEQQ vs NAPR
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April
97
25.92MDec 2024HEQQ vs PQAP
QMAR
FT Cboe Vest Nasdaq-100 Buffer ETF - March
96
568.10MMar 2021HEQQ vs QMAR
QB
ProShares Nasdaq-100 Dynamic Daily Buffer ETF
94
2.84MJun 2025HEQQ vs QB
MON100.NS
Motilal Oswal NASDAQ 100 ETF
94
—Mar 2011HEQQ vs MON100.NS

Top Performing HEQQ Alternatives (YTD)

HEQQ is at 3.85% YTD. There are 116 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 26,422.33%.

SymbolNameYTD ReturnAUMInception
LQQ.PA
Lyxor UCITS NASDAQ-100 Daily Leverage
26,422.33%
—Jun 2006HEQQ vs LQQ.PA
5QQE.L
Leverage Shares 5x Long Nasdaq 100 ETP Securities ...
50.32%
32.80MDec 2021HEQQ vs 5QQE.L
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
49.46%
81.18MMay 2021HEQQ vs QQQA
5QQQ.L
Leverage Shares 5x Long Nasdaq 100 ETP Securities
45.86%
27.96MDec 2021HEQQ vs 5QQQ.L
QQQ5.L
Leverage Shares 5x Long Nasdaq 100 ETP Securities
45.41%
37.53MDec 2021HEQQ vs QQQ5.L

Lowest Volatility Alternatives to HEQQ

HEQQ has 8.62% 1-year volatility. There are 12 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 0.98%.

SymbolNameVolatility 1YAUMInception
ANAU.DE
AXA IM NASDAQ 100 UCITS ETF - USD Acc0.98%—Nov 2022HEQQ vs ANAU.DE
QCAP
FT Vest NASDAQ-100 Conservative Buffer ETF - April3.79%—Apr 2024HEQQ vs QCAP
NAPR
Innovator Nasdaq-100 Power Buffer ETF - April4.46%210.48MMar 2020HEQQ vs NAPR
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April5.12%25.92MDec 2024HEQQ vs PQAP
QBUF
Innovator Nasdaq-100 10 Buffer ETF - Quarterly5.51%165.79MJun 2024HEQQ vs QBUF

Lowest Drawdown Alternatives to HEQQ

HEQQ has a 1-year max drawdown of -7.64%. There are 29 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -1.79%.

SymbolNameMax Drawdown 1YAUMInception
NAPR
Innovator Nasdaq-100 Power Buffer ETF - April
-1.79%
210.48MMar 2020HEQQ vs NAPR
QCAP
FT Vest NASDAQ-100 Conservative Buffer ETF - April
-2.10%
—Apr 2024HEQQ vs QCAP
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April
-2.15%
25.92MDec 2024HEQQ vs PQAP
QBUF
Innovator Nasdaq-100 10 Buffer ETF - Quarterly
-2.31%
165.79MJun 2024HEQQ vs QBUF
QMAR
FT Cboe Vest Nasdaq-100 Buffer ETF - March
-3.21%
568.10MMar 2021HEQQ vs QMAR

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.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
JEPQ
JPMorgan Nasdaq Equity Premium Income ETFNasdaq-100, Derivative Income
65
8.49%
40.37BMay 2022HEQQ vs JEPQ
JEPI
JPMorgan Equity Premium Income ETFDividend, Derivative Income
34
3.30%
45.17BMay 2020HEQQ vs JEPI
JPST
JPMorgan Ultra-Short Income ETFUltrashort Bond
99
1.75%
39.85BMay 2017HEQQ vs JPST
JPIE
JPMorgan Income ETFMultisector Bonds
95
1.62%
9.91BOct 2021HEQQ vs JPIE
JQUA
JPMorgan U.S. Quality Factor ETFLarge Cap Blend Equities
73
14.82%
8.19BNov 2017HEQQ vs JQUA
HELO
JPMorgan Hedged Equity Laddered Overlay ETFOptions Trading
46
2.65%
4.00BSep 2023HEQQ vs HELO
JTEK
JPMorgan U.S. Tech Leaders ETFTechnology Equities, Actively Managed
26
12.62%
4.40BOct 2023HEQQ vs JTEK
JEPG.L
JPM Global Equity Premium Income Active UCITS ETF ...Derivative Income, Options Trading, Global Equities, Actively Managed
18
0.27%
1.52BNov 2023HEQQ vs JEPG.L
JEQP.L
JPM Nasdaq Equity Premium Income Active UCITS ETF ...Nasdaq-100, Derivative Income
82
9.85%
—Oct 2024HEQQ vs JEQP.L
JMOM
JPMorgan U.S. Momentum Factor ETFMomentum, Large Cap Blend Equities
80
21.70%
2.51BNov 2017HEQQ vs JMOM

Often Compared With HEQQ

Investors most often compare HEQQ with KSPY, RFLR, FHEQ. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
KSPY
Kraneshares Hedgeye Hedged Equity Index ETFEquity Hedged
90
7.40%
118.15MJul 2024HEQQ vs KSPY
RFLR
Innovator U.S. Small Cap Managed Floor ETFEquity Hedged
85
14.16%
89.46MSep 2024HEQQ vs RFLR
FHEQ
Fidelity Hedged Equity ETFEquity Hedged
57
8.02%
—Apr 2024HEQQ vs FHEQ
MSTB
LHA Market State Tactical Beta ETFEquity Hedged
48
7.71%
178.80MSep 2020HEQQ vs MSTB
HEQT
Simplify Hedged Equity ETFEquity Hedged, Options Trading, Actively Managed
76
5.68%
300.35MNov 2021HEQQ vs HEQT
HEDG
Equable Shares Hedged Equity ETFEquity Hedged—
3.64%
301.01MMay 2019HEQQ vs HEDG
HEGD
Swan Hedged Equity US Large Cap ETFEquity Hedged
72
5.99%
584.47MDec 2020HEQQ vs HEGD
QCJL
FT Vest Nasdaq-100 Conservative Buffer ETF - JulyNasdaq-100, Defined Outcome
83
5.86%
—Jul 2024HEQQ vs QCJL
NJUL
Innovator Nasdaq-100 Power Buffer ETF - JulyNasdaq-100, Defined Outcome
64
4.78%
245.91MJun 2020HEQQ vs NJUL
OVLH
Overlay Shares Hedged Large Cap Equity ETFEquity Hedged
55
6.20%
94.33MJan 2021HEQQ vs OVLH
HOLA
JPMorgan International Hedged Equity Laddered Over...Equity Hedged—
5.43%
280.38MMar 2019HEQQ vs HOLA
QQHG
Invesco QQQ Hedged Advantage ETFEquity Hedged
78
9.31%
—May 2025HEQQ vs QQHG
PBQQ
PGIM Laddered Nasdaq-100 Buffer 12 ETFDefined Outcome, Nasdaq-100
87
8.45%
75.01MDec 2024HEQQ vs PBQQ
SPY
State Street SPDR S&P 500 ETFS&P 500
66
10.45%
783.21BJan 1993HEQQ vs SPY
QJUN
FT Cboe Vest Nasdaq-100 Buffer ETF - JuneNasdaq-100, Defined Outcome
58
4.01%
665.64MJun 2021HEQQ vs QJUN
FTGQ.DE
First Trust Vest Nasdaq-100 Moderate Buffer UCITS ...Nasdaq-100, Defined Outcome
83
9.40%
—Dec 2024HEQQ vs FTGQ.DE
XNDX.DE
Xtrackers Nasdaq 100 Swap UCITS ETF 1D USDNasdaq-100—
20.15%
—Jul 2025HEQQ vs XNDX.DE
VAMO
Cambria Value and Momentum ETFMomentum, Equity Hedged
71
6.28%
106.10MSep 2015HEQQ vs VAMO
TQQQ.TO
BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...Nasdaq-100, Leveraged Equities
43
35.21%
—Jun 2025HEQQ vs TQQQ.TO
BALQ
iShares Nasdaq Premium Income Active ETFNasdaq-100, Derivative Income—
18.78%
16.35MDec 2025HEQQ vs BALQ

Compare HEQQ with Any Fund or Stock

Compare HEQQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair HEQQ with funds that move differently

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HEQQ.

Explore HEQQ Diversifiers