DUSA vs HELO
Davis Select US Equity ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, DUSA or HELO?
DUSA has been ahead.
HELO has a lower expense ratio. DUSA led over 1Y, 3Y and the full window. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 58.4%.
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 | DUSA | HELO |
|---|---|---|
| Expense Ratio | 0.59% | 0.50%Best |
| AUM | $1.3B | $4.9B |
| Dividend Yield | 0.90% | 0.57% |
| Holdings | 84 | 156 |
| YTD Return | +9.27%Best | +4.91% |
| 1Y Return | +17.38%Best | +7.68% |
| 3Y Return (annualized) | +22.10%Best | +11.88% |
| 5Y Return (annualized) | +11.47% | - |
| Volatility (annualized) | 13.6% | 7.3%Best |
| Max Drawdown | -16.8% | -10.9%Best |
| $10,000 over 3 years | $18,329Best | $14,128 |
| Top 10 Weight | 58.4% | 40.1%Best |
| Fund Family | Davis ETFs | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 11, 2017 | 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).
DUSA 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.
DUSA vs HELO Performance
Davis Select US Equity ETF (DUSA) is an ETF from Davis ETFs and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year DUSA returned +17.38% while HELO returned +7.68%. Year to date, DUSA is up 9.27% versus a gain of 4.91% for HELO.
Over three years, DUSA compounded at +22.10% per year against +11.88% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DUSA has been the more volatile fund, with annualized monthly volatility of 13.6% 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 -16.8% for DUSA 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DUSA charges 0.59% per year while HELO charges 0.50%. On a $10,000 position that is $59 vs $50 annually, a gap of $9 per year that compounds over a long holding period. On income, DUSA currently yields 0.90% against 0.57% for HELO.
Holdings Overlap
54.4% of DUSA's money is in holdings HELO also owns. 13.2% of HELO's money is in holdings DUSA also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 28 positions we hold weights for in DUSA and 146 in HELO, against full books of 84 and 156.
What only one of them owns
Our book lists 131 positions for HELO that do not appear in our book for DUSA (85.2% of the fund), and 14 for DUSA that do not appear in HELO (43.0%).
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 DUSA | Weight in HELO | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.85% | 4.26% | 1.59% |
| METAMeta Platforms Inc | 6.70% | 2.31% | 4.39% |
| GOOGAlphabet Inc. C | 5.24% | 2.26% | 2.98% |
| COFCapital One Financial Corp. | 7.01% | 0.42% | 6.59% |
| USBUS Bancorp | 6.17% | 0.68% | 5.49% |
| DVNDevon Energy Corp. | 6.50% | 0.24% | 6.26% |
| TXNTexas Instrument Inc | 4.10% | 0.58% | 3.52% |
| WFCWells Fargo & Co. | 3.35% | 0.81% | 2.54% |
| CICigna Corp. | 3.37% | 0.33% | 3.04% |
| UNHUnitedhealth Group Incorporated | 2.16% | 0.66% | 1.50% |
54.4% of DUSA 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, DUSA or HELO?
DUSA has an expense ratio of 0.59% while HELO charges 0.50%. HELO is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, DUSA or HELO?
Over the past year DUSA returned +17.38% vs +7.68% for HELO, so DUSA leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DUSA or HELO?
DUSA has been the more volatile fund at 13.6% annualized versus 7.3% for HELO. Worst drawdown: DUSA -16.8% vs HELO -10.9%.
Should I hold both DUSA and HELO?
DUSA and HELO have a monthly-return correlation of 0.78, 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 DUSA and HELO?
54.4% of DUSA's money is in holdings HELO also owns. 13.2% of HELO's is in holdings DUSA also owns. They hold 12 positions in common, counted across the 28 positions we hold weights for in DUSA and 146 in HELO.
Which pays a higher dividend, DUSA or HELO?
DUSA yields 0.90% while HELO yields 0.57%, so DUSA currently pays the higher dividend yield.
Is HELO better than DUSA?
HELO has a lower expense ratio. DUSA led over 1Y, 3Y and the full window. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 58.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.