BSEP vs. HELO
Compare and contrast key facts about Innovator U.S. Equity Buffer ETF - September (BSEP) and JPMorgan Hedged Equity Laddered Overlay ETF (HELO).
BSEP and HELO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSEP is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 Buffer Protect Index September. It was launched on Sep 3, 2019. HELO is an actively managed fund by JPMorgan Chase. It was launched on Sep 28, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSEP or HELO.
Correlation
The correlation between BSEP and HELO is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BSEP vs. HELO - Performance Comparison
Key characteristics
BSEP:
0.56
HELO:
0.73
BSEP:
0.90
HELO:
1.10
BSEP:
1.15
HELO:
1.16
BSEP:
0.56
HELO:
0.68
BSEP:
2.40
HELO:
2.43
BSEP:
3.10%
HELO:
3.07%
BSEP:
12.95%
HELO:
9.79%
BSEP:
-23.98%
HELO:
-10.89%
BSEP:
-4.82%
HELO:
-5.89%
Returns By Period
In the year-to-date period, BSEP achieves a -1.88% return, which is significantly higher than HELO's -3.37% return.
BSEP
-1.88%
9.85%
-2.29%
7.18%
11.44%
N/A
HELO
-3.37%
5.61%
-4.11%
7.11%
N/A
N/A
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BSEP vs. HELO - Expense Ratio Comparison
BSEP has a 0.79% expense ratio, which is higher than HELO's 0.50% expense ratio.
Risk-Adjusted Performance
BSEP vs. HELO — Risk-Adjusted Performance Rank
BSEP
HELO
BSEP vs. HELO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Buffer ETF - September (BSEP) and JPMorgan Hedged Equity Laddered Overlay ETF (HELO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BSEP vs. HELO - Dividend Comparison
BSEP has not paid dividends to shareholders, while HELO's dividend yield for the trailing twelve months is around 0.68%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
BSEP Innovator U.S. Equity Buffer ETF - September | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.39% |
HELO JPMorgan Hedged Equity Laddered Overlay ETF | 0.68% | 0.60% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BSEP vs. HELO - Drawdown Comparison
The maximum BSEP drawdown since its inception was -23.98%, which is greater than HELO's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for BSEP and HELO. For additional features, visit the drawdowns tool.
Volatility
BSEP vs. HELO - Volatility Comparison
Innovator U.S. Equity Buffer ETF - September (BSEP) has a higher volatility of 8.11% compared to JPMorgan Hedged Equity Laddered Overlay ETF (HELO) at 4.55%. This indicates that BSEP's price experiences larger fluctuations and is considered to be riskier than HELO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.