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JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) Alternatives

ETF · Currency in USD · Last updated Jun 24, 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 70 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.13%.

SymbolNameExpense RatioAUMInception
ANXU.L
Amundi Nasdaq-100 UCITS USD0.13%3.51BApr 2018HEQQ vs ANXU.L
ANXG.L
Amundi Nasdaq-100 UCITS USD0.13%2.66BApr 2018HEQQ vs ANXG.L
ANAU.DE
AXA IM NASDAQ 100 UCITS ETF - USD Acc0.14%—Nov 2022HEQQ vs ANAU.DE
QQQM
Invesco NASDAQ 100 ETF0.15%101.29BOct 2020HEQQ vs QQQM
QQQX.TO
Global X Nasdaq-100 Index ETF0.15%—May 2024HEQQ vs QQQX.TO

Best Risk-Adjusted Alternatives to HEQQ

HEQQ has a PortfoliosLab risk / return rank of 54. There are 90 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.

SymbolNameRisk / Return RankAUMInception
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April
97
7.34MDec 2024HEQQ vs PQAP
NAPR
Innovator Nasdaq-100 Power Buffer ETF - April
97
213.26MMar 2020HEQQ vs NAPR
QMAR
FT Cboe Vest Nasdaq-100 Buffer ETF - March
95
563.55MMar 2021HEQQ vs QMAR
MON100.NS
Motilal Oswal NASDAQ 100 ETF
93
—Mar 2011HEQQ vs MON100.NS
QCAP
FT Vest NASDAQ-100 Conservative Buffer ETF - April
91
—Apr 2024HEQQ vs QCAP

Top Performing HEQQ Alternatives (YTD)

HEQQ is at 4.13% YTD. There are 111 ETFs in the Nasdaq-100 category with higher YTD returns, going as high as 82.80%.

SymbolNameYTD ReturnAUMInception
5QQE.L
Leverage Shares 5x Long Nasdaq 100 ETP Securities ...
82.80%
29.60MDec 2021HEQQ vs 5QQE.L
QQQA
ProShares Nasdaq-100 Dorsey Wright Momentum ETF
64.24%
78.15MMay 2021HEQQ vs QQQA
5QQQ.L
Leverage Shares 5x Long Nasdaq 100 ETP Securities
53.71%
25.55MDec 2021HEQQ vs 5QQQ.L
QQQ5.L
Leverage Shares 5x Long Nasdaq 100 ETP Securities
51.35%
34.20MDec 2021HEQQ vs QQQ5.L
MON100.NS
Motilal Oswal NASDAQ 100 ETF
43.98%
—Mar 2011HEQQ vs MON100.NS

Lowest Volatility Alternatives to HEQQ

HEQQ has 8.44% 1-year volatility. There are 11 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.63%.

SymbolNameVolatility 1YAUMInception
QCAP
FT Vest NASDAQ-100 Conservative Buffer ETF - April3.63%—Apr 2024HEQQ vs QCAP
NAPR
Innovator Nasdaq-100 Power Buffer ETF - April4.34%213.26MMar 2020HEQQ vs NAPR
PQAP
PGIM Nasdaq-100 Buffer 12 ETF - April4.99%7.34MDec 2024HEQQ vs PQAP
QBUF
Innovator Nasdaq-100 10 Buffer ETF - Quarterly5.25%158.27MJun 2024HEQQ vs QBUF
QCJL
FT Vest Nasdaq-100 Conservative Buffer ETF - July5.67%—Jul 2024HEQQ vs QCJL

Lowest Drawdown Alternatives to HEQQ

HEQQ has a 1-year max drawdown of -7.64%. There are 28 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%
213.26MMar 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%
7.34MDec 2024HEQQ vs PQAP
QBUF
Innovator Nasdaq-100 10 Buffer ETF - Quarterly
-2.31%
158.27MJun 2024HEQQ vs QBUF
QMAR
FT Cboe Vest Nasdaq-100 Buffer ETF - March
-3.21%
563.55MMar 2021HEQQ vs QMAR

Other ETFs from JPMorgan

The 10 most viewed JPMorgan ETFs shown here include JEPQ, JEPI, JPST and span 10 categories. AUM among these funds goes as high as $44B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
JEPQ
JPMorgan Nasdaq Equity Premium Income ETFNasdaq-100, Derivative Income
63
7.85%
40.03BMay 2022HEQQ vs JEPQ
JEPI
JPMorgan Equity Premium Income ETFDividend, Derivative Income
27
0.91%
44.26BMay 2020HEQQ vs JEPI
JPST
JPMorgan Ultra-Short Income ETFUltrashort Bond
99
1.56%
39.01BMay 2017HEQQ vs JPST
JPIE
JPMorgan Income ETFMultisector Bonds
93
1.49%
9.52BOct 2021HEQQ vs JPIE
HELO
JPMorgan Hedged Equity Laddered Overlay ETFOptions Trading
40
1.30%
3.92BSep 2023HEQQ vs HELO
JQUA
JPMorgan U.S. Quality Factor ETFLarge Cap Blend Equities
55
11.30%
8.06BNov 2017HEQQ vs JQUA
JEPG.L
JPM Global Equity Premium Income Active UCITS ETF ...Derivative Income, Options Trading, Global Equities, Actively Managed
10
-2.90%
1.49BNov 2023HEQQ vs JEPG.L
JTEK
JPMorgan U.S. Tech Leaders ETFTechnology Equities, Actively Managed
31
16.86%
4.46BOct 2023HEQQ vs JTEK
JEQP.L
JPM Nasdaq Equity Premium Income Active UCITS ETF ...Nasdaq-100, Derivative Income
85
10.62%
—Oct 2024HEQQ vs JEQP.L
JGPI.DE
JPM Global Equity Premium Income Active UCITS ETF ...Large Cap Blend Equities, Derivative Income, Dividend
12
0.61%
—Nov 2023HEQQ vs JGPI.DE

Often Compared With HEQQ

Investors most often compare HEQQ with KSPY, RFLR, HEQT. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
KSPY
Kraneshares Hedgeye Hedged Equity Index ETFEquity Hedged
81
5.14%
100.99MJul 2024HEQQ vs KSPY
RFLR
Innovator U.S. Small Cap Managed Floor ETFEquity Hedged
83
11.52%
82.27MSep 2024HEQQ vs RFLR
HEQT
Simplify Hedged Equity ETFEquity Hedged, Options Trading, Actively Managed
63
4.02%
316.92MNov 2021HEQQ vs HEQT
MSTB
LHA Market State Tactical Beta ETFEquity Hedged
48
5.84%
178.80MSep 2020HEQQ vs MSTB
FHEQ
Fidelity Hedged Equity ETFEquity Hedged
52
6.23%
—Apr 2024HEQQ vs FHEQ
HEDG
Equable Shares Hedged Equity ETFEquity Hedged—
2.51%
301.01MMay 2019HEQQ vs HEDG
HEGD
Swan Hedged Equity US Large Cap ETFEquity Hedged
67
4.64%
584.47MDec 2020HEQQ vs HEGD
NJUL
Innovator Nasdaq-100 Power Buffer ETF - JulyNasdaq-100, Defined Outcome
85
6.33%
210.48MJun 2020HEQQ vs NJUL
SPY
State Street SPDR S&P 500 ETFS&P 500
59
8.15%
765.27BJan 1993HEQQ vs SPY
PBQQ
PGIM Laddered Nasdaq-100 Buffer 12 ETFDefined Outcome, Nasdaq-100
88
8.21%
15.14MDec 2024HEQQ vs PBQQ
OVLH
Overlay Shares Hedged Large Cap Equity ETFEquity Hedged
53
4.90%
94.33MJan 2021HEQQ vs OVLH
HOLA
JPMorgan International Hedged Equity Laddered Over...Equity Hedged—
5.56%
280.07MMar 2019HEQQ vs HOLA
FTGQ.DE
First Trust Vest Nasdaq-100 Moderate Buffer UCITS ...Nasdaq-100, Defined Outcome
79
9.09%
—Dec 2024HEQQ vs FTGQ.DE
QQHG
Invesco QQQ Hedged Advantage ETFEquity Hedged
78
9.06%
—May 2025HEQQ vs QQHG
XNDX.DE
Xtrackers Nasdaq 100 Swap UCITS ETF 1D USDNasdaq-100—
22.29%
—Jul 2025HEQQ vs XNDX.DE
QJUN
FT Cboe Vest Nasdaq-100 Buffer ETF - JuneNasdaq-100, Defined Outcome
66
3.80%
1.02BJun 2021HEQQ vs QJUN
TQQQ.TO
BetaPro 3x Nasdaq-100 Daily Leveraged Bull Alterna...Nasdaq-100, Leveraged Equities
51
38.31%
—Jun 2025HEQQ vs TQQQ.TO
VAMO
Cambria Value and Momentum ETFMomentum, Equity Hedged
60
4.39%
104.56MSep 2015HEQQ vs VAMO
MAXJ
iShares Large Cap Max Buffer Jun ETFEquity Hedged
94
3.14%
—Jun 2024HEQQ vs MAXJ
XTR
Global X S&P 500 Tail Risk ETFEquity Hedged, S&P 500
52
6.30%
4.28MAug 2021HEQQ vs XTR

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