ACLC vs HELO
American Century Large Cap Equity ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, ACLC or HELO?
Nearly the same fund. ACLC costs less.
ACLC has a lower expense ratio. ACLC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 40.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACLC | HELO |
|---|---|---|
| Expense Ratio | 0.39%Best | 0.50% |
| AUM | $336M | $4.9B |
| Dividend Yield | 0.56% | 0.57% |
| Holdings | 101 | 156 |
| YTD Return | +10.23%Best | +4.91% |
| 1Y Return | +13.17%Best | +7.68% |
| 3Y Return (annualized) | +17.50%Best | +11.88% |
| 5Y Return (annualized) | +9.85% | - |
| Volatility (annualized) | 12.9% | 7.3%Best |
| Max Drawdown | -20.5% | -10.9%Best |
| $10,000 over 3 years | $16,460Best | $14,128 |
| Top 10 Weight | 38.7%Best | 40.1% |
| Fund Family | American Century Investments | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2020 | Sep 28, 2023 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 29, 2023 to Oct 14, 2026 (3 years).
ACLC vs HELO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
ACLC vs HELO Performance
American Century Large Cap Equity ETF (ACLC) is an ETF from American Century Investments and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year ACLC returned +13.17% while HELO returned +7.68%. Year to date, ACLC is up 10.23% versus a gain of 4.91% for HELO.
Over three years, ACLC compounded at +17.50% per year against +11.88% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACLC has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 7.3% for HELO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.5% for ACLC and -10.9% for HELO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ACLC charges 0.39% per year while HELO charges 0.50%. On a $10,000 position that is $39 vs $50 annually, a gap of $11 per year that compounds over a long holding period. On income, ACLC currently yields 0.56% against 0.57% for HELO.
Holdings Overlap
68.7% of ACLC's money is in holdings HELO also owns. 57.0% of HELO's money is in holdings ACLC also owns.
The two portfolios partly overlap.
49 positions in common, counted across the 100 positions we hold weights for in ACLC and 146 in HELO, against full books of 101 and 156.
What only one of them owns
Our book lists 93 positions for HELO that do not appear in our book for ACLC (41.4% of the fund), and 48 for ACLC that do not appear in HELO (28.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACLC | Weight in HELO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.10% | 8.17% | 0.07% |
| MSFTMicrosoft Corp | 5.54% | 6.29% | 0.75% |
| AAPLApple, Inc | 4.75% | 7.01% | 2.26% |
| GOOGLAlphabet Inc | 6.53% | 3.16% | 3.37% |
| AMZNAmazon.Com Inc | 3.41% | 4.26% | 0.85% |
| AVGOBroadcom Inc | 3.27% | 2.64% | 0.63% |
| METAMeta Platforms Inc | 1.52% | 2.31% | 0.79% |
| MUMicron Technology, Inc. | 2.06% | 1.70% | 0.36% |
| LLYEli Lilly & Co. | 1.65% | 1.14% | 0.51% |
| MAMastercard Inc | 1.50% | 1.24% | 0.26% |
68.7% of ACLC is already inside HELO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACLC or HELO?
ACLC has an expense ratio of 0.39% while HELO charges 0.50%. ACLC is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, ACLC or HELO?
Over the past year ACLC returned +13.17% vs +7.68% for HELO, so ACLC leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACLC or HELO?
ACLC has been the more volatile fund at 12.9% annualized versus 7.3% for HELO. Worst drawdown: ACLC -20.5% vs HELO -10.9%.
Should I hold both ACLC and HELO?
ACLC and HELO have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ACLC and HELO?
68.7% of ACLC's money is in holdings HELO also owns. 57.0% of HELO's is in holdings ACLC also owns. They hold 49 positions in common, counted across the 100 positions we hold weights for in ACLC and 146 in HELO.
Which pays a higher dividend, ACLC or HELO?
ACLC yields 0.56% while HELO yields 0.57%, so HELO currently pays the higher dividend yield.
Is HELO better than ACLC?
ACLC has a lower expense ratio. ACLC led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.95. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 40.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.