FEPI vs HELO
REX FANG & Innovation Equity Premium Income ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, FEPI or HELO?
FEPI has been ahead.
HELO has a lower expense ratio. FEPI led over 1Y, 3Y and the full window. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 63.7%.
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 | FEPI | HELO |
|---|---|---|
| Expense Ratio | 0.65% | 0.50%Best |
| AUM | $746M | $4.9B |
| Dividend Yield | 24.59% | 0.57% |
| Holdings | 65 | 156 |
| YTD Return | +11.21%Best | +4.91% |
| 1Y Return | +14.02%Best | +7.68% |
| 3Y Return (annualized) | +24.36%Best | +11.88% |
| Volatility (annualized) | 16.4% | 7.3%Best |
| Max Drawdown | -23.6% | -10.9%Best |
| $10,000 over 3 years | $19,117Best | $13,993 |
| Top 10 Weight | 63.7% | 40.1%Best |
| Fund Family | REX Shares | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 9, 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 11, 2023 to Oct 14, 2026 (3 years).
FEPI 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.
FEPI vs HELO Performance
REX FANG & Innovation Equity Premium Income ETF (FEPI) is an ETF from REX Shares and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year FEPI returned +14.02% while HELO returned +7.68%. Year to date, FEPI is up 11.21% versus a gain of 4.91% for HELO.
Over three years, FEPI compounded at +24.36% per year against +11.88% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FEPI has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -23.6% for FEPI 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FEPI charges 0.65% per year while HELO charges 0.50%. On a $10,000 position that is $65 vs $50 annually, a gap of $15 per year that compounds over a long holding period. On income, FEPI currently yields 24.59% against 0.57% for HELO.
Holdings Overlap
86.5% of FEPI's money is in holdings HELO also owns. 40.7% of HELO's money is in holdings FEPI also owns.
Most of FEPI is already inside HELO. Owning both mostly buys the same companies twice.
16 positions in common, counted across the 20 positions we hold weights for in FEPI and 146 in HELO, against full books of 65 and 156.
What only one of them owns
Our book lists 127 positions for HELO that do not appear in our book for FEPI (57.7% of the fund), and 4 for FEPI that do not appear in HELO (15.5%).
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 FEPI | Weight in HELO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.43% | 8.17% | 1.26% |
| AAPLApple, Inc | 8.82% | 7.01% | 1.81% |
| MSFTMicrosoft Corp | 9.28% | 6.29% | 2.99% |
| AMZNAmazon.Com Inc | 8.85% | 4.26% | 4.59% |
| GOOGLAlphabet Inc | 4.09% | 3.16% | 0.93% |
| METAMeta Platforms Inc | 4.50% | 2.31% | 2.19% |
| AVGOBroadcom Inc | 4.07% | 2.64% | 1.43% |
| MUMicron Technology, Inc. | 4.70% | 1.70% | 3.00% |
| AMDAdvanced Micro Devices Inc | 4.72% | 1.28% | 3.44% |
| TSLATesla Inc | 4.03% | 1.22% | 2.81% |
86.5% of FEPI 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, FEPI or HELO?
FEPI has an expense ratio of 0.65% while HELO charges 0.50%. HELO is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, FEPI or HELO?
Over the past year FEPI returned +14.02% vs +7.68% for HELO, so FEPI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEPI or HELO?
FEPI has been the more volatile fund at 16.4% annualized versus 7.3% for HELO. Worst drawdown: FEPI -23.6% vs HELO -10.9%.
Should I hold both FEPI and HELO?
FEPI and HELO have a monthly-return correlation of 0.71, 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 FEPI and HELO?
86.5% of FEPI's money is in holdings HELO also owns. 40.7% of HELO's is in holdings FEPI also owns. They hold 16 positions in common, counted across the 20 positions we hold weights for in FEPI and 146 in HELO.
Which pays a higher dividend, FEPI or HELO?
FEPI yields 24.59% while HELO yields 0.57%, so FEPI currently pays the higher dividend yield.
Is HELO better than FEPI?
HELO has a lower expense ratio. FEPI led over 1Y, 3Y and the full window. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.