BUFZ vs HELO
FT Vest Laddered Moderate Buffer ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, BUFZ or HELO?
BUFZ has been ahead.
HELO has a lower expense ratio. BUFZ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.94. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 83.3%.
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 | BUFZ | HELO |
|---|---|---|
| Expense Ratio | 0.95% | 0.50%Best |
| AUM | $1.1B | $4.9B |
| Dividend Yield | 0.00% | 0.57% |
| Holdings | 26 | 156 |
| YTD Return | +8.14%Best | +4.91% |
| 1Y Return | +11.02%Best | +7.68% |
| 3Y Return (annualized) | +13.52%Best | +11.88% |
| Volatility (annualized) | 5.3%Best | 7.3% |
| Max Drawdown | -10.1%Best | -10.9% |
| $10,000 over 3 years | $14,629Best | $14,533 |
| Top 10 Weight | 83.3% | 40.1%Best |
| Fund Family | First Trust Portfolios (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 25, 2023 | Sep 28, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 26, 2023 to Oct 14, 2026 (3 years).
BUFZ 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.
BUFZ vs HELO Performance
FT Vest Laddered Moderate Buffer ETF (BUFZ) is an ETF from First Trust Portfolios (US) and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year BUFZ returned +11.02% while HELO returned +7.68%. Year to date, BUFZ is up 8.14% versus a gain of 4.91% for HELO.
Over three years, BUFZ compounded at +13.52% per year against +11.88% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HELO has been the more volatile fund, with annualized monthly volatility of 7.3% compared with 5.3% for BUFZ. 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 -10.1% for BUFZ 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BUFZ charges 0.95% per year while HELO charges 0.50%. On a $10,000 position that is $95 vs $50 annually, a gap of $45 per year that compounds over a long holding period. On income, BUFZ currently yields 0.00% against 0.57% for HELO.
Holdings Overlap
We hold position weights for 12 holdings in BUFZ and 146 in HELO, totalling 99.9% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 12 positions we hold weights for in BUFZ and 146 in HELO, against full books of 26 and 156.
What only one of them owns
Our book lists 143 positions for HELO that do not appear in our book for BUFZ (98.4% of the fund), and 12 for BUFZ that do not appear in HELO (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of BUFZ and HELO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BUFZ or HELO?
BUFZ has an expense ratio of 0.95% while HELO charges 0.50%. HELO is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, BUFZ or HELO?
Over the past year BUFZ returned +11.02% vs +7.68% for HELO, so BUFZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BUFZ or HELO?
HELO has been the more volatile fund at 7.3% annualized versus 5.3% for BUFZ. Worst drawdown: BUFZ -10.1% vs HELO -10.9%.
Should I hold both BUFZ and HELO?
BUFZ and HELO have a monthly-return correlation of 0.94, 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.
Which pays a higher dividend, BUFZ or HELO?
BUFZ yields 0.00% while HELO yields 0.57%, so HELO currently pays the higher dividend yield.
Is HELO better than BUFZ?
HELO has a lower expense ratio. BUFZ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.94. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 83.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.