HOLA vs. QQHG

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) and Invesco QQQ Hedged Advantage ETF (QQHG).

HOLA and QQHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HOLA is an actively managed fund by JPMorgan. It was launched on Mar 15, 2019. QQHG is an actively managed fund by Invesco. It was launched on May 5, 2025.

Performance

HOLA vs. QQHG - Performance Comparison

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

HOLA vs. QQHG - Yearly Performance Comparison

	2026 (YTD)	2025
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	1.19%	7.55%
QQHG Invesco QQQ Hedged Advantage ETF	-1.76%	9.93%

Returns By Period

In the year-to-date period, HOLA achieves a 1.19% return, which is significantly higher than QQHG's -1.76% return.

HOLA

• 1D: 0.49%
• 1M: -2.74%
• YTD: 1.19%
• 6M: 5.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQHG

• 1D: 0.79%
• 1M: -2.23%
• YTD: -1.76%
• 6M: 0.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HOLA vs. QQHG - Expense Ratio Comparison

HOLA has a 0.50% expense ratio, which is higher than QQHG's 0.45% expense ratio.

HOLA

JPMorgan International Hedged Equity Laddered Overlay ETF

QQHG

Invesco QQQ Hedged Advantage ETF

Return for Risk

HOLA vs. QQHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) and Invesco QQQ Hedged Advantage ETF (QQHG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HOLA	QQHG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	2.17	-0.82

Correlation

The correlation between HOLA and QQHG is 0.57, 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.

Dividends

HOLA vs. QQHG - Dividend Comparison

HOLA's dividend yield for the trailing twelve months is around 2.99%, more than QQHG's 0.23% yield.

	TTM	2025
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	2.99%	3.02%
QQHG Invesco QQQ Hedged Advantage ETF	0.23%	0.17%

Drawdowns

HOLA vs. QQHG - Drawdown Comparison

The maximum HOLA drawdown since its inception was -6.99%, which is greater than QQHG's maximum drawdown of -6.18%. Use the drawdown chart below to compare losses from any high point for HOLA and QQHG.

Drawdown Indicators

	HOLA	QQHG	Difference
Max Drawdown Largest peak-to-trough decline	-6.99%	-6.18%	-0.81%
Current Drawdown Current decline from peak	-4.48%	-3.64%	-0.84%
Average Drawdown Average peak-to-trough decline	-1.18%	-1.06%	-0.12%

Volatility

Volatility by Period

	HOLA	QQHG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.30%	9.60%	-0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.30%	9.60%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.30%	9.60%	-0.30%