HOLA vs. VTSAX

Last updated Jul 17, 2026

HOLA (JPMorgan International Hedged Equity Laddered Overlay ETF) and VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares) are both funds - HOLA is a Equity Hedged fund actively managed by JPMorgan, while VTSAX is a Large Cap Blend Equities fund managed by Vanguard. Over the past year, HOLA returned 14.43% vs 22.59% for VTSAX. A 0.71 correlation means they provide meaningful diversification when combined. HOLA charges 0.50%/yr vs 0.04%/yr for VTSAX.

Performance

HOLA vs. VTSAX - 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 Total Stock Market Index Fund Admiral Shares (VTSAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOLA achieves a 5.81% return, which is significantly lower than VTSAX's 11.74% return.

HOLA

• 1D: -0.54%
• 1M: 0.31%
• 6M: 3.12%
• YTD: 5.81%
• 1Y: 14.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTSAX

• 1D: 0.35%
• 1M: 0.88%
• 6M: 9.55%
• YTD: 11.74%
• 1Y: 22.59%
• 3Y*: 20.05%
• 5Y*: 12.41%
• 10Y*: 14.73%

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

HOLA vs. VTSAX - Yearly Performance Comparison

	2026 (YTD)	2025
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	5.81%	7.60%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	11.74%	9.79%

Correlation

The correlation between HOLA and VTSAX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jul 14, 2025	0.71

The correlation between HOLA and VTSAX has been stable across timeframes, ranging from 0.71 to 0.71 - a consistent structural relationship.

HOLA vs. VTSAX - Sectors Allocation Comparison

Sectors	HOLA	VTSAX
Financial Services	25.7%	11.3%
Industrials	18.5%	9.4%
Technology	12.2%	37.0%
Healthcare	10.1%	9.0%
Consumer Cyclical	8.3%	9.7%
Consumer Defensive	6.6%	4.3%
Basic Materials	5.4%	1.9%
Communication Services	4.4%	9.8%
Utilities	4.3%	2.1%
Energy	3.4%	3.3%
Real Estate	1.0%	2.3%

Return for Risk

HOLA vs. VTSAX — Risk / Return Rank

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

HOLA

HOLA Risk / Return Rank: 52
HOLA Sharpe Ratio Rank: 52
HOLA Sortino Ratio Rank: 54
HOLA Omega Ratio Rank: 50
HOLA Calmar Ratio Rank: 51
HOLA Martin Ratio Rank: 51

VTSAX

VTSAX Risk / Return Rank: 69
VTSAX Sharpe Ratio Rank: 68
VTSAX Sortino Ratio Rank: 63
VTSAX Omega Ratio Rank: 63
VTSAX Calmar Ratio Rank: 71
VTSAX Martin Ratio Rank: 81

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. VTSAX - 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 Total Stock Market Index Fund Admiral Shares (VTSAX). 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	VTSAX	Difference
Sharpe ratio: Return per unit of total volatility	1.46	1.80	-0.34
Sortino ratio: Return per unit of downside risk	2.13	2.48	-0.35
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio: Return relative to maximum drawdown	2.07	2.60	-0.52
Martin ratio: Return relative to average drawdown	6.91	11.41	-4.50

HOLA vs. VTSAX - Sharpe Ratio Comparison

The current HOLA Sharpe Ratio is 1.46, which is comparable to the VTSAX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of HOLA and VTSAX, 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. VTSAX - Drawdown Comparison

The maximum HOLA drawdown since its inception was -6.99%, smaller than the maximum VTSAX drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for HOLA and VTSAX.

Drawdown Indicators

	HOLA	VTSAX	Difference
Max Drawdown Largest peak-to-trough decline	-6.99%	-55.33%	+48.34%
Max Drawdown (1Y) Largest decline over 1 year	-6.99%	-8.92%	+1.93%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.97%	—
Current Drawdown Current decline from peak	-1.05%	-0.21%	-0.84%
Average Drawdown Average peak-to-trough decline	-1.41%	-8.97%	+7.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.09%	2.03%	+0.06%

Volatility

HOLA vs. VTSAX - Volatility Comparison

JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) has a higher volatility of 3.91% compared to Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) at 3.57%. This indicates that HOLA's price experiences larger fluctuations and is considered to be riskier than VTSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOLA	VTSAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.91%	3.57%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	8.05%	10.17%	-2.12%
Volatility (1Y) Calculated over the trailing 1-year period	9.92%	12.86%	-2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.93%	17.46%	-7.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.93%	18.39%	-8.46%

HOLA vs. VTSAX - Expense Ratio Comparison

HOLA has a 0.50% expense ratio, which is higher than VTSAX's 0.04% expense ratio.

Dividends

HOLA vs. VTSAX - Dividend Comparison

HOLA's dividend yield for the trailing twelve months is around 2.85%, more than VTSAX's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	2.85%	3.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTSAX Vanguard Total Stock Market Index Fund Admiral Shares	1.04%	1.11%	1.26%	1.42%	1.65%	1.20%	1.41%	1.76%	2.03%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both HOLA and VTSAX in my portfolio?

HOLA and VTSAX have a correlation of 0.71, 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 VTSAX?

HOLA has higher volatility (3.91%) compared to VTSAX (3.57%). In terms of maximum drawdown, HOLA dropped -6.99% vs VTSAX's -55.33%.

Which has better risk-adjusted returns?

VTSAX currently has the higher Sharpe Ratio (1.80 vs 1.46), 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.