JMOM vs. HOLA

Last updated Jun 4, 2026

JMOM (JPMorgan U.S. Momentum Factor ETF) and HOLA (JPMorgan International Hedged Equity Laddered Overlay ETF) are both exchange-traded funds - JMOM is a Momentum fund tracking the JP Morgan US Momentum Factor Index, while HOLA is a Equity Hedged fund actively managed by JPMorgan. JMOM is passively managed, while HOLA is actively managed. A 0.66 correlation means they provide meaningful diversification when combined. JMOM charges 0.12%/yr vs 0.50%/yr for HOLA.

Performance

JMOM vs. HOLA - Performance Comparison

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

Returns By Period

In the year-to-date period, JMOM achieves a 22.79% return, which is significantly higher than HOLA's 3.91% return.

JMOM

• 1D: -0.17%
• 1M: 9.35%
• YTD: 22.79%
• 6M: 22.27%
• 1Y: 36.77%
• 3Y*: 28.37%
• 5Y*: 16.28%
• 10Y*: —

HOLA

• 1D: -0.22%
• 1M: 1.62%
• YTD: 3.91%
• 6M: 5.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JMOM vs. HOLA - Yearly Performance Comparison

	2026 (YTD)	2025
JMOM JPMorgan U.S. Momentum Factor ETF	22.79%	6.55%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	3.91%	7.55%

Correlation

The correlation between JMOM and HOLA is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.66

JMOM vs. HOLA - Sectors Allocation Comparison

Sectors	JMOM	HOLA
Technology	38.1%	11.9%
Industrials	12.8%	15.5%
Financial Services	9.6%	23.9%
Healthcare	8.7%	9.5%
Communication Services	8.3%	3.1%
Consumer Cyclical	6.9%	6.2%
Consumer Defensive	5.7%	6.5%
Energy	3.8%	2.6%
Real Estate	2.5%	1.0%
Utilities	2.3%	2.7%
Basic Materials	1.3%	5.2%

Return for Risk

JMOM vs. HOLA — Risk / Return Rank

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

JMOM

JMOM Risk / Return Rank: 81
JMOM Sharpe Ratio Rank: 78
JMOM Sortino Ratio Rank: 77
JMOM Omega Ratio Rank: 74
JMOM Calmar Ratio Rank: 85
JMOM Martin Ratio Rank: 91

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.

JMOM vs. HOLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan U.S. Momentum Factor ETF (JMOM) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA). 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.

	JMOM	HOLA	Difference
Sharpe ratio: Return per unit of total volatility	2.58	—	—
Sortino ratio: Return per unit of downside risk	3.54	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	4.69	—	—
Martin ratio: Return relative to average drawdown	22.24	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JMOM	HOLA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.58	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	1.40	-0.58

Drawdowns

JMOM vs. HOLA - Drawdown Comparison

The maximum JMOM drawdown since its inception was -34.31%, which is greater than HOLA's maximum drawdown of -6.99%. Use the drawdown chart below to compare losses from any high point for JMOM and HOLA.

Drawdown Indicators

	JMOM	HOLA	Difference
Max Drawdown Largest peak-to-trough decline	-34.31%	-6.99%	-27.32%
Max Drawdown (1Y) Largest decline over 1 year	-7.87%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.51%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.26%	—	—
Current Drawdown Current decline from peak	-0.17%	-1.91%	+1.74%
Average Drawdown Average peak-to-trough decline	-6.32%	-1.45%	-4.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.66%	—	—

Volatility

Volatility by Period

	JMOM	HOLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.55%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.32%	9.50%	+4.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.65%	9.50%	+9.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.13%	9.50%	+10.63%

JMOM vs. HOLA - Expense Ratio Comparison

JMOM has a 0.12% expense ratio, which is lower than HOLA's 0.50% expense ratio.

Dividends

JMOM vs. HOLA - Dividend Comparison

JMOM's dividend yield for the trailing twelve months is around 0.71%, less than HOLA's 2.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	2.91%	3.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JMOM JPMorgan U.S. Momentum Factor ETF	0.71%	0.86%	0.75%	1.21%	1.39%	0.64%	0.85%	1.11%	1.38%	0.29%

Frequently Asked Questions

Can I hold both JMOM and HOLA in my portfolio?

JMOM and HOLA have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JMOM or HOLA?

On fees, JMOM is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JMOM or HOLA?

JMOM is cheaper with a 0.12% expense ratio, compared with 0.50% for HOLA.

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

HOLA has the higher dividend yield at 2.91%, compared with 0.71% for JMOM.

What is the main difference between JMOM and HOLA?

JMOM is categorized as Momentum, while HOLA is Equity Hedged. Their fees differ too: 0.12% for JMOM and 0.50% for HOLA.