FGSI vs HELO
FT Vest Growth Strength & Target Income ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, FGSI or HELO?
Each has led over a different period.
HELO has a lower expense ratio. FGSI led over the full window, HELO over 1Y. FGSI is less concentrated, with 24.2% 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 | FGSI | HELO |
|---|---|---|
| Expense Ratio | 0.85% | 0.50%Best |
| AUM | $2M | $4.9B |
| Dividend Yield | 8.42% | 0.57% |
| Holdings | 104 | 156 |
| YTD Return | +8.87%Best | +5.28% |
| 1Y Return | +5.98% | +8.07%Best |
| 3Y Return (annualized) | - | +12.00% |
| Volatility (annualized) | 8.8% | 6.5%Best |
| Max Drawdown | -8.6% | -5.8%Best |
| $10,000 over 1.3 years | $11,279Best | $11,256 |
| Top 10 Weight | 24.2%Best | 40.1% |
| Fund Family | First Trust Portfolios (US) | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 25, 2025 | Sep 28, 2023 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 26, 2025 to Oct 15, 2026 (1.3 years).
FGSI 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 1.3 years both funds cover.
FGSI vs HELO Performance
FT Vest Growth Strength & Target Income ETF (FGSI) 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 FGSI returned +5.98% while HELO returned +8.07%. Year to date, FGSI is up 8.87% versus a gain of 5.28% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FGSI has been the more volatile fund, with annualized monthly volatility of 8.8% compared with 6.5% 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 -8.6% for FGSI and -5.8% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FGSI charges 0.85% per year while HELO charges 0.50%. On a $10,000 position that is $85 vs $50 annually, a gap of $35 per year that compounds over a long holding period. On income, FGSI currently yields 8.42% against 0.57% for HELO.
Holdings Overlap
50.8% of FGSI's money is in holdings HELO also owns. 29.1% of HELO's money is in holdings FGSI also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 50 positions we hold weights for in FGSI and 146 in HELO, against full books of 104 and 156.
What only one of them owns
Our book lists 118 positions for HELO that do not appear in our book for FGSI (69.5% of the fund), and 25 for FGSI that do not appear in HELO (48.6%).
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 FGSI | Weight in HELO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.25% | 8.17% | 5.92% |
| MSFTMicrosoft Corp | 2.57% | 6.29% | 3.72% |
| METAMeta Platforms Inc | 2.22% | 2.31% | 0.09% |
| AVGOBroadcom Inc | 1.87% | 2.64% | 0.77% |
| PLTRPalantir Technologies Inc | 2.78% | 0.52% | 2.26% |
| MAMastercard Inc | 1.98% | 1.24% | 0.74% |
| LLYEli Lilly & Co. | 1.91% | 1.14% | 0.77% |
| APHAmphenol Corp. Class A | 2.25% | 0.63% | 1.62% |
| ANETArista Networks Inc Common Stock | 2.40% | 0.40% | 2.00% |
| TTTrane Technologies PLC|125 | 1.94% | 0.83% | 1.11% |
50.8% of FGSI 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, FGSI or HELO?
FGSI has an expense ratio of 0.85% while HELO charges 0.50%. HELO is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, FGSI or HELO?
Over the past year FGSI returned +5.98% vs +8.07% for HELO, so HELO leads on 1-year performance. Over the longest common window we track (1 years), FGSI annualized +9.70% vs +9.53% for HELO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FGSI or HELO?
FGSI has been the more volatile fund at 8.8% annualized versus 6.5% for HELO. Worst drawdown: FGSI -8.6% vs HELO -5.8%.
Should I hold both FGSI and HELO?
FGSI and HELO have a monthly-return correlation of 0.79, 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 FGSI and HELO?
50.8% of FGSI's money is in holdings HELO also owns. 29.1% of HELO's is in holdings FGSI also owns. They hold 25 positions in common, counted across the 50 positions we hold weights for in FGSI and 146 in HELO.
Which pays a higher dividend, FGSI or HELO?
FGSI yields 8.42% while HELO yields 0.57%, so FGSI currently pays the higher dividend yield.
Is HELO better than FGSI?
HELO has a lower expense ratio. FGSI led over the full window, HELO over 1Y. FGSI is less concentrated, with 24.2% 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.