BBHL vs HELO
BBH Select Large Cap ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, BBHL or HELO?
BBHL has been ahead.
HELO has a lower expense ratio. BBHL led over 1Y. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 47.3%.
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 | BBHL | HELO |
|---|---|---|
| Expense Ratio | 0.71% | 0.50%Best |
| AUM | $540M | $4.9B |
| Dividend Yield | 0.00% | 0.57% |
| Holdings | 98 | 156 |
| YTD Return | +9.09%Best | +4.91% |
| 1Y Return | +11.66%Best | +7.68% |
| 3Y Return (annualized) | - | +11.88% |
| Top 10 Weight | 47.3% | 40.1%Best |
| Fund Family | Brown Brothers Harriman | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 17, 2025 | Sep 28, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
BBHL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BBHL vs HELO Performance
BBH Select Large Cap ETF (BBHL) is an ETF from Brown Brothers Harriman and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year BBHL returned +11.66% while HELO returned +7.68%. Year to date, BBHL is up 9.09% versus a gain of 4.91% for HELO.
Past performance does not guarantee future results.
Fees and Cost Over Time
BBHL charges 0.71% per year while HELO charges 0.50%. On a $10,000 position that is $71 vs $50 annually, a gap of $21 per year that compounds over a long holding period. On income, BBHL currently yields 0.00% against 0.57% for HELO.
Holdings Overlap
66.8% of BBHL's money is in holdings HELO also owns. 43.5% of HELO's money is in holdings BBHL also owns.
The two portfolios partly overlap.
26 positions in common, counted across the 48 positions we hold weights for in BBHL and 146 in HELO, against full books of 98 and 156.
What only one of them owns
Our book lists 116 positions for HELO that do not appear in our book for BBHL (54.9% of the fund), and 20 for BBHL that do not appear in HELO (27.1%).
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 BBHL | Weight in HELO | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 8.15% | 6.29% | 1.86% |
| AAPLApple, Inc | 5.76% | 7.01% | 1.25% |
| NVDANvidia Corp | 3.18% | 8.17% | 4.99% |
| AMZNAmazon.Com Inc | 5.11% | 4.26% | 0.85% |
| GOOGAlphabet Inc. C | 6.49% | 2.26% | 4.23% |
| MAMastercard Inc | 3.92% | 1.24% | 2.68% |
| AVGOBroadcom Inc | 1.71% | 2.64% | 0.93% |
| PANWPalo Alto Networks, Inc | 3.94% | 0.27% | 3.67% |
| METAMeta Platforms Inc | 1.81% | 2.31% | 0.50% |
| LLYEli Lilly & Co. | 2.72% | 1.14% | 1.58% |
66.8% of BBHL 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, BBHL or HELO?
BBHL has an expense ratio of 0.71% while HELO charges 0.50%. HELO is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, BBHL or HELO?
Over the past year BBHL returned +11.66% vs +7.68% for HELO, so BBHL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between BBHL and HELO?
66.8% of BBHL's money is in holdings HELO also owns. 43.5% of HELO's is in holdings BBHL also owns. They hold 26 positions in common, counted across the 48 positions we hold weights for in BBHL and 146 in HELO.
Which pays a higher dividend, BBHL or HELO?
BBHL yields 0.00% while HELO yields 0.57%, so HELO currently pays the higher dividend yield.
Is HELO better than BBHL?
HELO has a lower expense ratio. BBHL led over 1Y. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 47.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.