UAUG vs. HELO
Compare and contrast key facts about Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) and JPMorgan Hedged Equity Laddered Overlay ETF (HELO).
UAUG and HELO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UAUG is a passively managed fund by Innovator that tracks the performance of the Cboe S&P 500 30% (-5% to -35%) Buffer Protect August Series Index. It was launched on Aug 1, 2019. HELO is an actively managed fund by JPMorgan Chase. It was launched on Sep 28, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: UAUG or HELO.
Correlation
The correlation between UAUG and HELO is 0.88, 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.
Performance
UAUG vs. HELO - Performance Comparison
Key characteristics
UAUG:
2.67
HELO:
2.41
UAUG:
3.81
HELO:
3.32
UAUG:
1.56
HELO:
1.49
UAUG:
5.54
HELO:
4.26
UAUG:
23.03
HELO:
19.16
UAUG:
0.69%
HELO:
0.92%
UAUG:
5.97%
HELO:
7.34%
UAUG:
-13.91%
HELO:
-4.16%
UAUG:
-1.38%
HELO:
-2.38%
Returns By Period
In the year-to-date period, UAUG achieves a -0.09% return, which is significantly higher than HELO's -0.26% return.
UAUG
-0.09%
-1.13%
5.15%
16.55%
6.56%
N/A
HELO
-0.26%
-2.06%
5.31%
17.90%
N/A
N/A
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UAUG vs. HELO - Expense Ratio Comparison
UAUG has a 0.79% expense ratio, which is higher than HELO's 0.50% expense ratio.
Risk-Adjusted Performance
UAUG vs. HELO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) 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.
Dividends
UAUG vs. HELO - Dividend Comparison
UAUG has not paid dividends to shareholders, while HELO's dividend yield for the trailing twelve months is around 0.35%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
UAUG Innovator U.S. Equity Ultra Buffer ETF - August | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% |
HELO JPMorgan Hedged Equity Laddered Overlay ETF | 0.35% | 0.35% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
UAUG vs. HELO - Drawdown Comparison
The maximum UAUG drawdown since its inception was -13.91%, which is greater than HELO's maximum drawdown of -4.16%. Use the drawdown chart below to compare losses from any high point for UAUG and HELO. For additional features, visit the drawdowns tool.
Volatility
UAUG vs. HELO - Volatility Comparison
The current volatility for Innovator U.S. Equity Ultra Buffer ETF - August (UAUG) is 2.03%, while JPMorgan Hedged Equity Laddered Overlay ETF (HELO) has a volatility of 2.58%. This indicates that UAUG experiences smaller price fluctuations and is considered to be less risky than HELO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.