EALT vs. HELO
Compare and contrast key facts about Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) and JPMorgan Hedged Equity Laddered Overlay ETF (HELO).
EALT and HELO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EALT is an actively managed fund by Innovator. It was launched on Sep 29, 2023. 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: EALT or HELO.
Correlation
The correlation between EALT 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
EALT vs. HELO - Performance Comparison
Key characteristics
EALT:
0.59
HELO:
0.69
EALT:
0.94
HELO:
1.06
EALT:
1.14
HELO:
1.15
EALT:
0.55
HELO:
0.65
EALT:
2.05
HELO:
2.30
EALT:
3.98%
HELO:
3.09%
EALT:
13.20%
HELO:
9.79%
EALT:
-14.76%
HELO:
-10.89%
EALT:
-7.16%
HELO:
-5.92%
Returns By Period
In the year-to-date period, EALT achieves a -3.83% return, which is significantly lower than HELO's -3.41% return.
EALT
-3.83%
2.92%
-4.82%
7.75%
N/A
N/A
HELO
-3.41%
1.63%
-4.33%
6.69%
N/A
N/A
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EALT vs. HELO - Expense Ratio Comparison
EALT has a 0.69% expense ratio, which is higher than HELO's 0.50% expense ratio.
Risk-Adjusted Performance
EALT vs. HELO — Risk-Adjusted Performance Rank
EALT
HELO
EALT vs. HELO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) 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
EALT vs. HELO - Dividend Comparison
EALT has not paid dividends to shareholders, while HELO's dividend yield for the trailing twelve months is around 0.68%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
EALT Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly | 0.00% | 0.00% | 0.00% |
HELO JPMorgan Hedged Equity Laddered Overlay ETF | 0.68% | 0.60% | 0.19% |
Drawdowns
EALT vs. HELO - Drawdown Comparison
The maximum EALT drawdown since its inception was -14.76%, which is greater than HELO's maximum drawdown of -10.89%. Use the drawdown chart below to compare losses from any high point for EALT and HELO. For additional features, visit the drawdowns tool.
Volatility
EALT vs. HELO - Volatility Comparison
Innovator U.S. Equity 5 To 15 Buffer ETF - Quarterly (EALT) has a higher volatility of 4.19% compared to JPMorgan Hedged Equity Laddered Overlay ETF (HELO) at 2.61%. This indicates that EALT'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.