BEEX vs HELO
The BeeHive ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, BEEX or HELO?
Each has led over a different period.
HELO has a lower expense ratio. BEEX led over the full window, HELO over 1Y. The two have moved almost in lockstep, correlation 0.91. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 44.5%.
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 | BEEX | HELO |
|---|---|---|
| Expense Ratio | 0.84% | 0.50%Best |
| AUM | $191M | $4.9B |
| Dividend Yield | 0.33% | 0.57% |
| Holdings | 87 | 156 |
| YTD Return | +5.73%Best | +4.91% |
| 1Y Return | +7.40% | +7.68%Best |
| 3Y Return (annualized) | - | +11.88% |
| Volatility (annualized) | 11.6% | 7.3%Best |
| Max Drawdown | -15.1% | -10.9%Best |
| $10,000 over 1.8 years | $11,740Best | $11,117 |
| Top 10 Weight | 44.5% | 40.1%Best |
| Fund Family | The Beehive Fund | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 14, 2024 | Sep 28, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 16, 2024 to Oct 14, 2026 (1.8 years).
BEEX 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 1.8 years both funds cover.
BEEX vs HELO Performance
The BeeHive ETF (BEEX) is an ETF from The Beehive Fund and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year BEEX returned +7.40% while HELO returned +7.68%. Year to date, BEEX is up 5.73% versus a gain of 4.91% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BEEX has been the more volatile fund, with annualized monthly volatility of 11.6% 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 -15.1% for BEEX 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BEEX charges 0.84% per year while HELO charges 0.50%. On a $10,000 position that is $84 vs $50 annually, a gap of $34 per year that compounds over a long holding period. On income, BEEX currently yields 0.33% against 0.57% for HELO.
Holdings Overlap
49.9% of BEEX's money is in holdings HELO also owns. 32.0% of HELO's money is in holdings BEEX also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 43 positions we hold weights for in BEEX and 146 in HELO, against full books of 87 and 156.
What only one of them owns
Our book lists 125 positions for HELO that do not appear in our book for BEEX (66.4% of the fund), and 19 for BEEX that do not appear in HELO (33.7%).
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 BEEX | Weight in HELO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.01% | 8.17% | 4.16% |
| AAPLApple, Inc | 4.84% | 7.01% | 2.17% |
| MSFTMicrosoft Corp | 5.50% | 6.29% | 0.79% |
| AMZNAmazon.Com Inc | 6.63% | 4.26% | 2.37% |
| GOOGAlphabet Inc. C | 5.14% | 2.26% | 2.88% |
| TXNTexas Instrument Inc | 3.74% | 0.58% | 3.16% |
| ORCLOracle Corp - Common | 2.87% | 0.55% | 2.32% |
| TMOThermo Fisherscientific Inc. | 2.79% | 0.36% | 2.43% |
| SYKStryker Corp | 2.11% | 0.52% | 1.59% |
| CBChubb Ltd. | 2.01% | 0.29% | 1.72% |
49.9% of BEEX 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, BEEX or HELO?
BEEX has an expense ratio of 0.84% while HELO charges 0.50%. HELO is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, BEEX or HELO?
Over the past year BEEX returned +7.40% vs +7.68% for HELO, so HELO leads on 1-year performance. Over the longest common window we track (2 years), BEEX annualized +9.32% vs +6.06% for HELO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BEEX or HELO?
BEEX has been the more volatile fund at 11.6% annualized versus 7.3% for HELO. Worst drawdown: BEEX -15.1% vs HELO -10.9%.
Should I hold both BEEX and HELO?
BEEX and HELO have a monthly-return correlation of 0.91, 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 BEEX and HELO?
49.9% of BEEX's money is in holdings HELO also owns. 32.0% of HELO's is in holdings BEEX also owns. They hold 17 positions in common, counted across the 43 positions we hold weights for in BEEX and 146 in HELO.
Which pays a higher dividend, BEEX or HELO?
BEEX yields 0.33% while HELO yields 0.57%, so HELO currently pays the higher dividend yield.
Is HELO better than BEEX?
HELO has a lower expense ratio. BEEX led over the full window, HELO over 1Y. The two have moved almost in lockstep, correlation 0.91. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 44.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.