JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) Sharpe Ratio: 2.16

HEQQ's Sharpe Ratio of 2.16 indicates that for each unit of volatility, it generates 2.16 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

HEQQ Sharpe Ratio Rank

Above Average

HEQQ ranks above 63.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Above-average risk-adjusted returns with room for improvement
Compare against category peers to gauge relative positioning
Monitor for movement toward top tier or decline toward median
Consider pairing with top-tier holdings to improve portfolio efficiency

HEQQ Sharpe Ratio Market Positioning

The chart shows HEQQ's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.88 or lower
Yellow zone (middle 50%): 0.88 to 2.44
Green zone (top 25%): 2.44 or higher
Top 1%: 7.85+
Median: 1.72 — half of all investments score higher

How it compares to other similar ETFs

The table compares JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF's Sharpe Ratio with other ETFs in the Nasdaq-100, Equity Hedged category across multiple time periods, showing how HEQQ's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

Symbol	Name	1Y Sharpe Ratio
PQAP	PGIM Nasdaq-100 Buffer 12 ETF - April	4.99
NAPR	Innovator Nasdaq-100 Power Buffer ETF - April	4.78
MON100.NS	Motilal Oswal NASDAQ 100 ETF	4.44
QCAP	FT Vest NASDAQ-100 Conservative Buffer ETF - April	4.33
HECO	State Street Galaxy Hedged Digital Asset Ecosystem ETF	3.93
QMAR	FT Cboe Vest Nasdaq-100 Buffer ETF - March	3.86
QQQA	ProShares Nasdaq-100 Dorsey Wright Momentum ETF	3.41
MAXJ	iShares Large Cap Max Buffer Jun ETF	3.19
5QQE.L	Leverage Shares 5x Long Nasdaq 100 ETP Securities EUR	3.16
LQQ3.L	WisdomTree NASDAQ 100 3x Daily Leveraged	3.16
HEQQ	JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF	2.16

Benchmark Against

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S&P 500 Index

Lookback Period

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Historical Sharpe Ratio

The chart shows HEQQ's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when HEQQ consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does HEQQ fit in your portfolio?

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