JCTR vs. HELO

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and JPMorgan Hedged Equity Laddered Overlay ETF (HELO).

JCTR and HELO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JCTR is a passively managed fund by JPMorgan that tracks the performance of the JPMorgan Asset Management Carbon Transition U.S. Equity Index. It was launched on Dec 9, 2020. HELO is an actively managed fund by JPMorgan. It was launched on Sep 28, 2023.

Performance

JCTR vs. HELO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and JPMorgan Hedged Equity Laddered Overlay ETF (HELO). The values are adjusted to include any dividend payments, if applicable.

JCTR vs. HELO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JCTR JPMorgan Carbon Transition U.S. Equity ETF	0.00%	13.55%	24.74%	12.12%
HELO JPMorgan Hedged Equity Laddered Overlay ETF	-3.37%	7.82%	18.05%	6.30%

Returns By Period

JCTR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HELO

• 1D: 0.33%
• 1M: -3.72%
• YTD: -3.37%
• 6M: -1.18%
• 1Y: 7.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JCTR vs. HELO - Expense Ratio Comparison

JCTR has a 0.15% expense ratio, which is lower than HELO's 0.50% expense ratio.

HELO

JPMorgan Hedged Equity Laddered Overlay ETF

JCTR

JPMorgan Carbon Transition U.S. Equity ETF

Return for Risk

JCTR vs. HELO — Risk / Return Rank

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

HELO

HELO Risk / Return Rank: 52
HELO Sharpe Ratio Rank: 49
HELO Sortino Ratio Rank: 49
HELO Omega Ratio Rank: 52
HELO Calmar Ratio Rank: 53
HELO Martin Ratio Rank: 55

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.

JCTR vs. HELO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Carbon Transition U.S. Equity ETF (JCTR) and JPMorgan Hedged Equity Laddered Overlay ETF (HELO). 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

	JCTR	HELO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.40	—

Correlation

The correlation between JCTR and HELO is 0.81, 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

JCTR vs. HELO - Dividend Comparison

JCTR's dividend yield for the trailing twelve months is around 0.43%, less than HELO's 0.66% yield.

	TTM	2025	2024	2023	2022	2021	2020
JCTR JPMorgan Carbon Transition U.S. Equity ETF	0.43%	0.61%	1.04%	1.88%	1.53%	1.13%	0.13%
HELO JPMorgan Hedged Equity Laddered Overlay ETF	0.66%	0.67%	0.60%	0.19%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	JCTR	HELO	Difference
Max Drawdown Largest peak-to-trough decline	—	-10.89%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-5.76%	—
Current Drawdown Current decline from peak	—	-4.58%	—
Average Drawdown Average peak-to-trough decline	—	-1.22%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.44%	—

Volatility

Volatility by Period

	JCTR	HELO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	8.58%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	8.13%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	8.13%	—