HELO vs. SVIX
Compare and contrast key facts about JPMorgan Hedged Equity Laddered Overlay ETF (HELO) and Volatility Shares -1x Short VIX Futures ETF (SVIX).
HELO and SVIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HELO is an actively managed fund by JPMorgan Chase. It was launched on Sep 28, 2023. SVIX is managed by Volatility Shares. It was launched on Mar 28, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HELO or SVIX.
Key characteristics
| HELO | SVIX | |
|---|---|---|
| YTD Return | 19.28% | -22.61% |
| 1Y Return | 22.29% | -5.04% |
| Sharpe Ratio | 3.40 | -0.07 |
| Sortino Ratio | 4.87 | 0.40 |
| Omega Ratio | 1.73 | 1.07 |
| Calmar Ratio | 5.62 | -0.07 |
| Martin Ratio | 27.34 | -0.18 |
| Ulcer Index | 0.86% | 26.13% |
| Daily Std Dev | 6.89% | 70.56% |
| Max Drawdown | -4.16% | -62.55% |
| Current Drawdown | -0.13% | -42.44% |
Correlation
The correlation between HELO and SVIX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HELO vs. SVIX - Performance Comparison
In the year-to-date period, HELO achieves a 19.28% return, which is significantly higher than SVIX's -22.61% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HELO vs. SVIX - Expense Ratio Comparison
HELO has a 0.50% expense ratio, which is lower than SVIX's 1.47% expense ratio.
Risk-Adjusted Performance
HELO vs. SVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Hedged Equity Laddered Overlay ETF (HELO) and Volatility Shares -1x Short VIX Futures ETF (SVIX). 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
HELO vs. SVIX - Dividend Comparison
HELO's dividend yield for the trailing twelve months is around 0.51%, while SVIX has not paid dividends to shareholders.
| TTM | 2023 | |
|---|---|---|
HELO JPMorgan Hedged Equity Laddered Overlay ETF | 0.51% | 0.19% |
SVIX Volatility Shares -1x Short VIX Futures ETF | 0.00% | 0.00% |
Drawdowns
HELO vs. SVIX - Drawdown Comparison
The maximum HELO drawdown since its inception was -4.16%, smaller than the maximum SVIX drawdown of -62.55%. Use the drawdown chart below to compare losses from any high point for HELO and SVIX. For additional features, visit the drawdowns tool.
Volatility
HELO vs. SVIX - Volatility Comparison
The current volatility for JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is 2.37%, while Volatility Shares -1x Short VIX Futures ETF (SVIX) has a volatility of 16.92%. This indicates that HELO experiences smaller price fluctuations and is considered to be less risky than SVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.