HOLA vs. VIHAX

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX).

HOLA is an actively managed fund by JPMorgan. It was launched on Mar 15, 2019. VIHAX is managed by Vanguard. It was launched on Mar 2, 2016.

Performance

HOLA vs. VIHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). The values are adjusted to include any dividend payments, if applicable.

HOLA vs. VIHAX - Yearly Performance Comparison

	2026 (YTD)	2025
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	0.69%	7.55%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	3.08%	13.74%

Returns By Period

In the year-to-date period, HOLA achieves a 0.69% return, which is significantly lower than VIHAX's 3.08% return.

HOLA

• 1D: 2.16%
• 1M: -4.36%
• YTD: 0.69%
• 6M: 5.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VIHAX

• 1D: 0.23%
• 1M: -8.45%
• YTD: 3.08%
• 6M: 10.44%
• 1Y: 30.03%
• 3Y*: 19.39%
• 5Y*: 12.05%
• 10Y*: 10.16%

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

HOLA vs. VIHAX - Expense Ratio Comparison

HOLA has a 0.50% expense ratio, which is higher than VIHAX's 0.22% expense ratio.

HOLA

JPMorgan International Hedged Equity Laddered Overlay ETF

VIHAX

Vanguard International High Dividend Yield Index Fund Admiral Shares

Return for Risk

HOLA vs. VIHAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VIHAX

VIHAX Risk / Return Rank: 92
VIHAX Sharpe Ratio Rank: 93
VIHAX Sortino Ratio Rank: 91
VIHAX Omega Ratio Rank: 91
VIHAX Calmar Ratio Rank: 91
VIHAX Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HOLA vs. VIHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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	VIHAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.07	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.89	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	0.64	+0.63

Correlation

The correlation between HOLA and VIHAX is 0.77, 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.

Dividends

HOLA vs. VIHAX - Dividend Comparison

HOLA's dividend yield for the trailing twelve months is around 3.00%, less than VIHAX's 3.71% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	3.00%	3.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	3.71%	3.69%	4.85%	4.58%	4.70%	4.30%	3.22%	5.63%	4.28%	3.16%	2.37%

Drawdowns

HOLA vs. VIHAX - Drawdown Comparison

The maximum HOLA drawdown since its inception was -6.99%, smaller than the maximum VIHAX drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for HOLA and VIHAX.

Drawdown Indicators

	HOLA	VIHAX	Difference
Max Drawdown Largest peak-to-trough decline	-6.99%	-38.80%	+31.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.92%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.80%	—
Current Drawdown Current decline from peak	-4.95%	-8.73%	+3.78%
Average Drawdown Average peak-to-trough decline	-1.17%	-6.09%	+4.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.57%	—

Volatility

Volatility by Period

	HOLA	VIHAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.68%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.31%	14.15%	-4.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.31%	13.65%	-4.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.31%	15.91%	-6.60%