GUSE vs HELO
Goldman Sachs Enhanced US Equity ETF vs JPMorgan Hedged Equity Laddered Overlay ETF
Which is better, GUSE or HELO?
GUSE has been ahead.
GUSE has a lower expense ratio. GUSE led over 1Y. GUSE is less concentrated, with 40.0% 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 | GUSE | HELO |
|---|---|---|
| Expense Ratio | 0.30%Best | 0.50% |
| AUM | $365M | $4.9B |
| Dividend Yield | 0.64% | 0.57% |
| Holdings | 121 | 156 |
| YTD Return | +13.52%Best | +4.91% |
| 1Y Return | +17.06%Best | +7.68% |
| 3Y Return (annualized) | - | +11.88% |
| Top 10 Weight | 40.0%Best | 40.1% |
| Fund Family | Goldman Sachs Asset Management | J.P. Morgan Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 31, 2008 | Sep 28, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
GUSE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GUSE vs HELO Performance
Goldman Sachs Enhanced US Equity ETF (GUSE) is an ETF from Goldman Sachs Asset Management and JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management. Over the past year GUSE returned +17.06% while HELO returned +7.68%. Year to date, GUSE is up 13.52% versus a gain of 4.91% for HELO.
Past performance does not guarantee future results.
Fees and Cost Over Time
GUSE charges 0.30% per year while HELO charges 0.50%. On a $10,000 position that is $30 vs $50 annually, a gap of $20 per year that compounds over a long holding period. On income, GUSE currently yields 0.64% against 0.57% for HELO.
Holdings Overlap
65.1% of GUSE's money is in holdings HELO also owns. 59.6% of HELO's money is in holdings GUSE also owns.
The two portfolios partly overlap.
46 positions in common, counted across the 122 positions we hold weights for in GUSE and 146 in HELO, against full books of 121 and 156.
What only one of them owns
Our book lists 98 positions for HELO that do not appear in our book for GUSE (39.1% of the fund), and 73 for GUSE that do not appear in HELO (33.4%).
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 GUSE | Weight in HELO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.85% | 8.17% | 0.68% |
| AAPLApple, Inc | 7.62% | 7.01% | 0.61% |
| MSFTMicrosoft Corp | 5.03% | 6.29% | 1.26% |
| AMZNAmazon.Com Inc | 4.18% | 4.26% | 0.08% |
| GOOGLAlphabet Inc | 3.45% | 3.16% | 0.29% |
| AVGOBroadcom Inc | 2.39% | 2.64% | 0.25% |
| METAMeta Platforms Inc | 2.49% | 2.31% | 0.18% |
| GOOGAlphabet Inc. C | 2.21% | 2.26% | 0.05% |
| MUMicron Technology, Inc. | 2.01% | 1.70% | 0.31% |
| AMDAdvanced Micro Devices Inc | 1.72% | 1.28% | 0.44% |
65.1% of GUSE 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, GUSE or HELO?
GUSE has an expense ratio of 0.30% while HELO charges 0.50%. GUSE is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, GUSE or HELO?
Over the past year GUSE returned +17.06% vs +7.68% for HELO, so GUSE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between GUSE and HELO?
65.1% of GUSE's money is in holdings HELO also owns. 59.6% of HELO's is in holdings GUSE also owns. They hold 46 positions in common, counted across the 122 positions we hold weights for in GUSE and 146 in HELO.
Which pays a higher dividend, GUSE or HELO?
GUSE yields 0.64% while HELO yields 0.57%, so GUSE currently pays the higher dividend yield.
Is HELO better than GUSE?
GUSE has a lower expense ratio. GUSE led over 1Y. GUSE is less concentrated, with 40.0% 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.