QQHG vs. HOLA

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco QQQ Hedged Advantage ETF (QQHG) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA).

QQHG and HOLA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQHG is an actively managed fund by Invesco. It was launched on May 5, 2025. HOLA is an actively managed fund by JPMorgan. It was launched on Mar 15, 2019.

Performance

QQHG vs. HOLA - Performance Comparison

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

QQHG vs. HOLA - Yearly Performance Comparison

	2026 (YTD)	2025
QQHG Invesco QQQ Hedged Advantage ETF	-1.76%	9.93%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	1.19%	7.55%

Returns By Period

In the year-to-date period, QQHG achieves a -1.76% return, which is significantly lower than HOLA's 1.19% return.

QQHG

• 1D: 0.79%
• 1M: -2.23%
• YTD: -1.76%
• 6M: 0.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HOLA

• 1D: 0.49%
• 1M: -2.74%
• YTD: 1.19%
• 6M: 5.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQHG vs. HOLA - Expense Ratio Comparison

QQHG has a 0.45% expense ratio, which is lower than HOLA's 0.50% expense ratio.

HOLA

JPMorgan International Hedged Equity Laddered Overlay ETF

QQHG

Invesco QQQ Hedged Advantage ETF

Return for Risk

QQHG vs. HOLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Hedged Advantage ETF (QQHG) 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

	QQHG	HOLA	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.17	1.35	+0.82

Correlation

The correlation between QQHG and HOLA is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

QQHG vs. HOLA - Dividend Comparison

QQHG's dividend yield for the trailing twelve months is around 0.23%, less than HOLA's 2.99% yield.

	TTM	2025
QQHG Invesco QQQ Hedged Advantage ETF	0.23%	0.17%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	2.99%	3.02%

Drawdowns

QQHG vs. HOLA - Drawdown Comparison

The maximum QQHG drawdown since its inception was -6.18%, smaller than the maximum HOLA drawdown of -6.99%. Use the drawdown chart below to compare losses from any high point for QQHG and HOLA.

Drawdown Indicators

	QQHG	HOLA	Difference
Max Drawdown Largest peak-to-trough decline	-6.18%	-6.99%	+0.81%
Current Drawdown Current decline from peak	-3.64%	-4.48%	+0.84%
Average Drawdown Average peak-to-trough decline	-1.06%	-1.18%	+0.12%

Volatility

Volatility by Period

	QQHG	HOLA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	9.60%	9.30%	+0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.60%	9.30%	+0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.60%	9.30%	+0.30%