HOLA vs. JPLD

Last updated Aug 2, 2026

HOLA (JPMorgan International Hedged Equity Laddered Overlay ETF) and JPLD (JPMorgan Limited Duration Bond ETF) are both exchange-traded funds - HOLA is a Equity Hedged fund actively managed by JPMorgan, while JPLD is a Short-Term Bond fund actively managed by JPMorgan. Both are actively managed. Over the past year, HOLA returned 17.66% vs 3.80% for JPLD. Their 0.33 correlation means their historical movements had little consistent relationship. HOLA charges 0.50%/yr vs 0.24%/yr for JPLD.

Performance

HOLA vs. JPLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) and JPMorgan Limited Duration Bond ETF (JPLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOLA achieves a 7.29% return, which is significantly higher than JPLD's 1.57% return.

HOLA

• 1D: -0.36%
• 1M: 1.19%
• 6M: 3.35%
• YTD: 7.29%
• 1Y: 17.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.71%

JPLD

• 1D: 0.04%
• 1M: 0.15%
• 6M: 0.97%
• YTD: 1.57%
• 1Y: 3.80%
• 3Y*: 5.75%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	$762.47K	$628.26K	$1.14M
JPLD JPMorgan Limited Duration Bond ETF	$14.99M	$21.36M	$24.34M

HOLA vs. JPLD - Yearly Performance Comparison

	2026 (YTD)	2025
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	7.29%	7.60%
JPLD JPMorgan Limited Duration Bond ETF	1.57%	2.84%

Correlation

The correlation between HOLA and JPLD is 0.34, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.34
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	0.33

Return for Risk

HOLA vs. JPLD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HOLA

HOLA Risk / Return Rank: 73
HOLA Sharpe Ratio Rank: 75
HOLA Sortino Ratio Rank: 77
HOLA Omega Ratio Rank: 73
HOLA Calmar Ratio Rank: 71
HOLA Martin Ratio Rank: 69

JPLD

JPLD Risk / Return Rank: 94
JPLD Sharpe Ratio Rank: 95
JPLD Sortino Ratio Rank: 96
JPLD Omega Ratio Rank: 95
JPLD Calmar Ratio Rank: 92
JPLD Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HOLA vs. JPLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) and JPMorgan Limited Duration Bond ETF (JPLD). 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	JPLD	Difference
Sharpe ratio: Return per unit of total volatility	1.71	2.78	-1.07
Sortino ratio: Return per unit of downside risk	2.50	4.26	-1.75
Omega ratio: Gain probability vs. loss probability	1.31	1.57	-0.26
Calmar ratio: Return relative to maximum drawdown	2.48	4.12	-1.64
Martin ratio: Return relative to average drawdown	8.40	18.72	-10.33

HOLA vs. JPLD - Sharpe Ratio Comparison

The current HOLA Sharpe Ratio is 1.71, which is lower than the JPLD Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of HOLA and JPLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HOLA vs. JPLD - Drawdown Comparison

The maximum HOLA drawdown since its inception was -6.99%, which is greater than JPLD's maximum drawdown of -1.17%. Use the drawdown chart below to compare losses from any high point for HOLA and JPLD.

Drawdown Indicators

	HOLA	JPLD	Difference
Max Drawdown Largest peak-to-trough decline	-6.99%	-1.17%	-5.82%
Max Drawdown (1Y) Largest decline over 1 year	-6.99%	-1.00%	-5.99%
Max Drawdown (3Y) Largest decline over 3 years	—	-1.17%	—
Current Drawdown Current decline from peak	-0.36%	0.00%	-0.36%
Average Drawdown Average peak-to-trough decline	-1.40%	-0.15%	-1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	0.22%	+1.84%

Volatility

HOLA vs. JPLD - Volatility Comparison

JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) has a higher volatility of 3.65% compared to JPMorgan Limited Duration Bond ETF (JPLD) at 0.36%. This indicates that HOLA's price experiences larger fluctuations and is considered to be riskier than JPLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOLA	JPLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.65%	0.36%	+3.29%
Volatility (6M) Calculated over the trailing 6-month period	8.38%	1.09%	+7.29%
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	1.49%	+8.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.15%	1.82%	+8.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.15%	1.82%	+8.33%

HOLA vs. JPLD - Expense Ratio Comparison

HOLA has a 0.50% expense ratio, which is higher than JPLD's 0.24% expense ratio.

Dividends

HOLA vs. JPLD - Dividend Comparison

HOLA's dividend yield for the trailing twelve months is around 2.82%, less than JPLD's 4.27% yield.

Position	TTM	2025	2024	2023
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	2.82%	3.02%	0.00%	0.00%
JPLD JPMorgan Limited Duration Bond ETF	3.91%	4.24%	4.47%	1.83%

Frequently Asked Questions

Can I hold both HOLA and JPLD in my portfolio?

HOLA and JPLD have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOLA or JPLD?

HOLA has higher volatility (3.65%) compared to JPLD (0.36%). In terms of maximum drawdown, HOLA dropped -6.99% vs JPLD's -1.17%.

Which ETF is better, HOLA or JPLD?

On 1-year performance, HOLA leads with 17.66% vs 3.80% for JPLD. On fees, JPLD is cheaper at 0.24% per year. On volatility, JPLD has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HOLA or JPLD?

Over the 1-year period, HOLA has performed better with a 17.66% return vs 3.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HOLA or JPLD?

JPLD is cheaper with a 0.24% expense ratio, compared with 0.50% for HOLA.

Which ETF pays a higher dividend yield, HOLA or JPLD?

JPLD has the higher dividend yield at 3.91%, compared with 2.82% for HOLA.

What is the main difference between HOLA and JPLD?

HOLA is categorized as Equity Hedged, while JPLD is Short-Term Bond. Their fees differ too: 0.50% for HOLA and 0.24% for JPLD.

Which has better risk-adjusted returns?

JPLD currently has the higher Sharpe Ratio (2.78 vs 1.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.