XCLR vs. HOLA

Last updated Apr 1, 2026

Compare and contrast key facts about Global X S&P 500 Collar 95-110 ETF (XCLR) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA).

XCLR and HOLA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCLR is a passively managed fund by Global X that tracks the performance of the Cboe S&P 500 3-Month Collar 95-110 Index. It was launched on Aug 25, 2021. HOLA is an actively managed fund by JPMorgan. It was launched on Mar 15, 2019.

Performance

XCLR vs. HOLA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X S&P 500 Collar 95-110 ETF (XCLR) and JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA). The values are adjusted to include any dividend payments, if applicable.

XCLR vs. HOLA - Yearly Performance Comparison

	2026 (YTD)	2025
XCLR Global X S&P 500 Collar 95-110 ETF	-5.35%	7.05%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	0.69%	7.55%

Returns By Period

In the year-to-date period, XCLR achieves a -5.35% return, which is significantly lower than HOLA's 0.69% return.

XCLR

• 1D: 1.50%
• 1M: -5.30%
• YTD: -5.35%
• 6M: -3.90%
• 1Y: 10.04%
• 3Y*: 12.02%
• 5Y*: —
• 10Y*: —

HOLA

• 1D: 2.16%
• 1M: -4.36%
• YTD: 0.69%
• 6M: 5.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XCLR vs. HOLA - Expense Ratio Comparison

XCLR has a 0.25% expense ratio, which is lower than HOLA's 0.50% expense ratio.

HOLA

JPMorgan International Hedged Equity Laddered Overlay ETF

XCLR

Global X S&P 500 Collar 95-110 ETF

Return for Risk

XCLR vs. HOLA — Risk / Return Rank

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

XCLR

XCLR Risk / Return Rank: 53
XCLR Sharpe Ratio Rank: 55
XCLR Sortino Ratio Rank: 54
XCLR Omega Ratio Rank: 48
XCLR Calmar Ratio Rank: 51
XCLR Martin Ratio Rank: 56

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.

XCLR vs. HOLA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Collar 95-110 ETF (XCLR) 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.

	XCLR	HOLA	Difference
Sharpe ratio Return per unit of total volatility	0.96	—	—
Sortino ratio Return per unit of downside risk	1.39	—	—
Omega ratio Gain probability vs. loss probability	1.18	—	—
Calmar ratio Return relative to maximum drawdown	1.27	—	—
Martin ratio Return relative to average drawdown	5.31	—	—
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

	XCLR	HOLA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	1.27	-0.69

Correlation

The correlation between XCLR and HOLA is 0.65, 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

XCLR vs. HOLA - Dividend Comparison

XCLR's dividend yield for the trailing twelve months is around 13.90%, more than HOLA's 3.00% yield.

	TTM	2025	2024	2023	2022	2021
XCLR Global X S&P 500 Collar 95-110 ETF	13.90%	13.15%	18.76%	1.40%	1.01%	1.70%
HOLA JPMorgan International Hedged Equity Laddered Overlay ETF	3.00%	3.02%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XCLR vs. HOLA - Drawdown Comparison

The maximum XCLR drawdown since its inception was -14.63%, which is greater than HOLA's maximum drawdown of -6.99%. Use the drawdown chart below to compare losses from any high point for XCLR and HOLA.

Drawdown Indicators

	XCLR	HOLA	Difference
Max Drawdown Largest peak-to-trough decline	-14.63%	-6.99%	-7.64%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	—	—
Current Drawdown Current decline from peak	-6.91%	-4.95%	-1.96%
Average Drawdown Average peak-to-trough decline	-4.82%	-1.17%	-3.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	—	—

Volatility

Volatility by Period

	XCLR	HOLA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.39%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.52%	9.31%	+1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.58%	9.31%	+1.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.58%	9.31%	+1.27%