ONEH vs. HOLA

Last updated Jun 5, 2026

ONEH (TrueShares Equity Hedge ETF) and HOLA (JPMorgan International Hedged Equity Laddered Overlay ETF) are both Equity Hedged funds. Both are actively managed. At a correlation of -0.02, they often move in opposite directions. ONEH charges 0.79%/yr vs 0.50%/yr for HOLA.

Performance

ONEH vs. HOLA - Performance Comparison

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

Returns By Period

ONEH

• 1D: 0.47%
• 1M: 0.45%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOLA

• 1D: 0.40%
• 1M: 1.12%
• YTD: 4.32%
• 6M: 6.01%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ONEH vs. HOLA - Yearly Performance Comparison

	2026 (YTD)
ONEH TrueShares Equity Hedge ETF	-1.72%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	0.01%

Correlation

The correlation between ONEH and HOLA is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 30, 2026	-0.02

Return for Risk

ONEH vs. HOLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Equity Hedge ETF (ONEH) 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.

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

Sharpe Ratios by Period

	ONEH	HOLA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.05	1.45	-2.50

Drawdowns

ONEH vs. HOLA - Drawdown Comparison

The maximum ONEH drawdown since its inception was -3.55%, smaller than the maximum HOLA drawdown of -6.99%. Use the drawdown chart below to compare losses from any high point for ONEH and HOLA.

Drawdown Indicators

	ONEH	HOLA	Difference
Max Drawdown Largest peak-to-trough decline	-3.55%	-6.99%	+3.44%
Current Drawdown Current decline from peak	-1.72%	-1.52%	-0.20%
Average Drawdown Average peak-to-trough decline	-1.58%	-1.45%	-0.13%

Volatility

Volatility by Period

	ONEH	HOLA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.71%	9.49%	-4.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.71%	9.49%	-4.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.71%	9.49%	-4.78%

ONEH vs. HOLA - Expense Ratio Comparison

ONEH has a 0.79% expense ratio, which is higher than HOLA's 0.50% expense ratio.

Dividends

ONEH vs. HOLA - Dividend Comparison

ONEH has not paid dividends to shareholders, while HOLA's dividend yield for the trailing twelve months is around 2.90%.

Position	TTM	2025
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	2.90%	3.02%
ONEH TrueShares Equity Hedge ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both ONEH and HOLA in my portfolio?

ONEH and HOLA have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ONEH or HOLA?

On fees, HOLA is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ONEH or HOLA?

HOLA is cheaper with a 0.50% expense ratio, compared with 0.79% for ONEH.

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

HOLA has the higher dividend yield at 2.90%, compared with 0.00% for ONEH.

What is the main difference between ONEH and HOLA?

They also come from different issuers: TrueShares and JPMorgan. Their fees differ too: 0.79% for ONEH and 0.50% for HOLA.