CHGX vs HELO
Stance Sustainable Beta ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, CHGX or HELO?
Each has led over a different period.
CHGX has a lower expense ratio. CHGX led over 1Y, HELO over 3Y and the full window. CHGX is less concentrated, with 11.8% 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 | CHGX | HELO |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.50% |
| AUM | $179M | $4.9B |
| Dividend Yield | 0.55% | 0.57% |
| Holdings | 203 | 156 |
| YTD Return | +21.11%Best | +4.91% |
| 1Y Return | +20.36%Best | +7.68% |
| 3Y Return (annualized) | +3.83% | +11.88%Best |
| 5Y Return (annualized) | +0.53% | - |
| Volatility (annualized) | 25.6% | 7.3%Best |
| Max Drawdown | -47.3% | -10.9%Best |
| $10,000 over 3 years | $11,418 | $14,128Best |
| Top 10 Weight | 11.8%Best | 40.1% |
| Fund Family | STANCE Capital | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 14, 2024 | 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).
CHGX 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.
CHGX vs HELO Performance
Stance Sustainable Beta ETF (CHGX) is an ETF from STANCE Capital and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year CHGX returned +20.36% while HELO returned +7.68%. Year to date, CHGX is up 21.11% versus a gain of 4.91% for HELO.
Over three years, CHGX compounded at +3.83% per year against +11.88% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CHGX has been the more volatile fund, with annualized monthly volatility of 25.6% 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 -47.3% for CHGX 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 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CHGX charges 0.49% per year while HELO charges 0.50%. On a $10,000 position that is $49 vs $50 annually, a gap of $1 per year that compounds over a long holding period. On income, CHGX currently yields 0.55% against 0.57% for HELO.
Holdings Overlap
40.5% of CHGX's money is in holdings HELO also owns. 34.5% of HELO's money is in holdings CHGX also owns.
The two portfolios partly overlap.
40 positions in common, counted across the 101 positions we hold weights for in CHGX and 146 in HELO, against full books of 203 and 156.
What only one of them owns
Our book lists 102 positions for HELO that do not appear in our book for CHGX (63.9% of the fund), and 60 for CHGX that do not appear in HELO (59.4%).
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 CHGX | Weight in HELO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 1.04% | 8.17% | 7.13% |
| AAPLApple, Inc | 0.99% | 7.01% | 6.02% |
| MUMicron Technology, Inc. | 1.10% | 1.70% | 0.60% |
| AMDAdvanced Micro Devices Inc. | 1.20% | 1.28% | 0.08% |
| MAMastercard Inc Cl. A | 0.95% | 1.24% | 0.29% |
| LLYEli Lilly & Co. | 1.00% | 1.14% | 0.14% |
| ABBVAbbvie Inc. | 1.00% | 1.12% | 0.12% |
| VVisa Inc-class A Shares | 0.96% | 0.96% | 0.00% |
| ACNAccenture Plc, Class a | 1.17% | 0.65% | 0.52% |
| STXSeagate Technology Plc | 1.07% | 0.60% | 0.47% |
40.5% of CHGX 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, CHGX or HELO?
CHGX has an expense ratio of 0.49% while HELO charges 0.50%. CHGX is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, CHGX or HELO?
Over the past year CHGX returned +20.36% vs +7.68% for HELO, so CHGX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CHGX or HELO?
CHGX has been the more volatile fund at 25.6% annualized versus 7.3% for HELO. Worst drawdown: CHGX -47.3% vs HELO -10.9%.
Should I hold both CHGX and HELO?
CHGX and HELO have a monthly-return correlation of 0.58, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CHGX and HELO?
40.5% of CHGX's money is in holdings HELO also owns. 34.5% of HELO's is in holdings CHGX also owns. They hold 40 positions in common, counted across the 101 positions we hold weights for in CHGX and 146 in HELO.
Which pays a higher dividend, CHGX or HELO?
CHGX yields 0.55% while HELO yields 0.57%, so HELO currently pays the higher dividend yield.
Is HELO better than CHGX?
CHGX has a lower expense ratio. CHGX led over 1Y, HELO over 3Y and the full window. CHGX is less concentrated, with 11.8% 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.