HOLA vs. HEQT
HOLA (JPMorgan International Hedged Equity Laddered Overlay ETF) and HEQT (Simplify Hedged Equity ETF) are both Equity Hedged funds. Both are actively managed. A 0.64 correlation means they provide meaningful diversification when combined. HOLA charges 0.50%/yr vs 0.43%/yr for HEQT.
Performance
HOLA vs. HEQT - Performance Comparison
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Returns By Period
In the year-to-date period, HOLA achieves a 5.56% return, which is significantly higher than HEQT's 4.02% return.
HOLA
- 1D
- -0.88%
- 1M
- 1.77%
- YTD
- 5.56%
- 6M
- 4.70%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HEQT
- 1D
- -0.71%
- 1M
- -0.14%
- YTD
- 4.02%
- 6M
- 3.76%
- 1Y
- 13.00%
- 3Y*
- 12.95%
- 5Y*
- —
- 10Y*
- —
HOLA vs. HEQT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF | 5.56% | 7.60% |
HEQT Simplify Hedged Equity ETF | 4.02% | 6.98% |
Correlation
The correlation between HOLA and HEQT is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025 | 0.64 |
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Return for Risk
HOLA vs. HEQT — Risk / Return Rank
HOLA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HEQT
HOLA vs. HEQT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) and Simplify Hedged Equity ETF (HEQT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HOLA | HEQT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.56 | — |
| Martin ratioReturn relative to average drawdown | — | 11.59 | — |
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Drawdowns
HOLA vs. HEQT - Drawdown Comparison
The maximum HOLA drawdown since its inception was -6.99%, smaller than the maximum HEQT drawdown of -11.51%. Use the drawdown chart below to compare losses from any high point for HOLA and HEQT.
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Drawdown Indicators
| HOLA | HEQT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.99% | -11.51% | +4.52% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.09% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.57% | — |
Current DrawdownCurrent decline from peak | -0.88% | -1.12% | +0.24% |
Average DrawdownAverage peak-to-trough decline | -1.44% | -2.77% | +1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.12% | — |
Volatility
HOLA vs. HEQT - Volatility Comparison
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Volatility by Period
| HOLA | HEQT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.06% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 5.49% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.93% | 6.64% | +3.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.93% | 8.47% | +1.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.93% | 8.47% | +1.46% |
HOLA vs. HEQT - Expense Ratio Comparison
HOLA has a 0.50% expense ratio, which is higher than HEQT's 0.43% expense ratio.
Dividends
HOLA vs. HEQT - Dividend Comparison
HOLA's dividend yield for the trailing twelve months is around 2.86%, more than HEQT's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
HEQT Simplify Hedged Equity ETF | 1.20% | 1.19% | 1.29% | 4.10% | 3.94% | 0.27% |
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF | 2.86% | 3.02% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HOLA and HEQT have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HEQT is cheaper at 0.43% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HEQT is cheaper with a 0.43% expense ratio, compared with 0.50% for HOLA.
HOLA has the higher dividend yield at 2.86%, compared with 1.20% for HEQT.
They also come from different issuers: JPMorgan and Simplify. Their fees differ too: 0.50% for HOLA and 0.43% for HEQT.
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