GDE vs HELO
WisdomTree Efficient Gold Plus Equity Strategy Fund vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, GDE or HELO?
GDE has been ahead.
GDE has a lower expense ratio. GDE led over 1Y, 3Y and the full window.
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 | GDE | HELO |
|---|---|---|
| Expense Ratio | 0.20%Best | 0.50% |
| AUM | $462M | $4.9B |
| Dividend Yield | 4.19% | 0.57% |
| Holdings | 506 | 156 |
| YTD Return | +2.61% | +4.91%Best |
| 1Y Return | +8.95%Best | +7.68% |
| 3Y Return (annualized) | +43.62%Best | +11.88% |
| Volatility (annualized) | 19.7% | 7.3%Best |
| Max Drawdown | -22.7% | -10.9%Best |
| $10,000 over 3 years | $30,904Best | $14,128 |
| Fund Family | WisdomTree Investments | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 17, 2022 | Sep 28, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
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).
GDE 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.
GDE vs HELO Performance
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) is an ETF from WisdomTree Investments and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year GDE returned +8.95% while HELO returned +7.68%. Year to date, GDE is up 2.61% versus a gain of 4.91% for HELO.
Over three years, GDE compounded at +43.62% per year against +11.88% for HELO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDE has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -22.7% for GDE 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GDE charges 0.20% per year while HELO charges 0.50%. On a $10,000 position that is $20 vs $50 annually, a gap of $30 per year that compounds over a long holding period. On income, GDE currently yields 4.19% against 0.57% for HELO.
Holdings Overlap
At least 85.8% of HELO's money is in holdings GDE also owns.
Stated as a floor: for GDE, our book for it covers 93.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of HELO is already inside GDE. Owning both mostly buys the same companies twice.
119 positions in common, counted across the 492 positions we hold weights for in GDE and 146 in HELO, against full books of 506 and 156.
Top Shared Holdings
| Stock | Weight in GDE | Weight in HELO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.39% | 8.17% | 0.78% |
| AAPLApple Inc | 7.10% | 7.01% | 0.09% |
| MSFTMicrosoft Corp_None_0 | 5.26% | 6.29% | 1.03% |
| GOOGLAlphabet Inc-cl A | 5.94% | 3.16% | 2.78% |
| AMZNAmazon.Com Inc | 3.67% | 4.26% | 0.59% |
| AVGOBroadcom Inc | 2.14% | 2.64% | 0.50% |
| METAMeta Platforms, Inc. | 2.31% | 2.31% | 0.00% |
| MUMicron Technology, Inc. | 1.40% | 1.70% | 0.30% |
| LLYEli Lilly & Co. | 1.57% | 1.14% | 0.43% |
| TSLATesla Mtrs Inc | 1.48% | 1.22% | 0.26% |
85.8% of HELO is already inside GDE.
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, GDE or HELO?
GDE has an expense ratio of 0.20% while HELO charges 0.50%. GDE is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, GDE or HELO?
Over the past year GDE returned +8.95% vs +7.68% for HELO, so GDE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GDE or HELO?
GDE has been the more volatile fund at 19.7% annualized versus 7.3% for HELO. Worst drawdown: GDE -22.7% vs HELO -10.9%.
Should I hold both GDE and HELO?
GDE and HELO have a monthly-return correlation of 0.55, 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 GDE and HELO?
At least 85.8% of HELO's money is in holdings GDE also owns. Our book for GDE is partial, so the real figure is this or higher. They hold 119 positions in common, counted across the 492 positions we hold weights for in GDE and 146 in HELO.
Which pays a higher dividend, GDE or HELO?
GDE yields 4.19% while HELO yields 0.57%, so GDE currently pays the higher dividend yield.
Is HELO better than GDE?
GDE has a lower expense ratio. GDE led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.