HELO vs HIDV
JPMorgan Hedged Equity Laddered Overlay ETF vs AB US High Dividend ETF
Which is better, HELO or HIDV?
HIDV has been ahead.
HIDV has a lower expense ratio. HIDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. HIDV is less concentrated, with 36.8% 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 | HELO | HIDV |
|---|---|---|
| Expense Ratio | 0.50% | 0.35%Best |
| AUM | $4.9B | $205M |
| Dividend Yield | 0.57% | 2.56% |
| Holdings | 156 | 108 |
| YTD Return | +4.91% | +11.94%Best |
| 1Y Return | +7.68% | +17.30%Best |
| 3Y Return (annualized) | +11.88% | +21.14%Best |
| Volatility (annualized) | 7.3%Best | 12.2% |
| Max Drawdown | -10.9%Best | -18.8% |
| $10,000 over 3 years | $14,128 | $17,945Best |
| Top 10 Weight | 40.1% | 36.8%Best |
| Fund Family | J.P. Morgan Asset Management | AllianceBernstein L.P. |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2023 | Mar 22, 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: Sep 29, 2023 to Oct 14, 2026 (3 years).
HELO vs HIDV 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.
HELO vs HIDV Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management and AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P.. Over the past year HELO returned +7.68% while HIDV returned +17.30%. Year to date, HELO is up 4.91% versus a gain of 11.94% for HIDV.
Over three years, HELO compounded at +11.88% per year against +21.14% for HIDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIDV has been the more volatile fund, with annualized monthly volatility of 12.2% 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 -10.9% for HELO and -18.8% for HIDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HELO charges 0.50% per year while HIDV charges 0.35%. On a $10,000 position that is $50 vs $35 annually, a gap of $15 per year that compounds over a long holding period. On income, HELO currently yields 0.57% against 2.56% for HIDV.
Holdings Overlap
55.4% of HELO's money is in holdings HIDV also owns. 51.0% of HIDV's money is in holdings HELO also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 146 positions we hold weights for in HELO and 107 in HIDV, against full books of 156 and 108.
What only one of them owns
Our book lists 71 positions for HIDV that do not appear in our book for HELO (47.1% of the fund), and 112 for HELO that do not appear in HIDV (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 HELO | Weight in HIDV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.17% | 9.45% | 1.28% |
| AAPLApple, Inc | 7.01% | 7.03% | 0.02% |
| MSFTMicrosoft Corp | 6.29% | 5.27% | 1.02% |
| AMZNAmazon.Com Inc | 4.26% | 2.92% | 1.34% |
| GOOGLAlphabet Inc | 3.16% | 3.00% | 0.16% |
| AVGOBroadcom Inc | 2.64% | 1.77% | 0.87% |
| MUMicron Technology, Inc. | 1.70% | 2.63% | 0.93% |
| METAMeta Platforms Inc | 2.31% | 1.57% | 0.74% |
| GOOGAlphabet Inc. C | 2.26% | 1.62% | 0.64% |
| LRCXLrcx Uw Equity | 1.01% | 1.58% | 0.57% |
55.4% of HELO is already inside HIDV.
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, HELO or HIDV?
HELO has an expense ratio of 0.50% while HIDV charges 0.35%. HIDV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, HELO or HIDV?
Over the past year HELO returned +7.68% vs +17.30% for HIDV, so HIDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HELO or HIDV?
HIDV has been the more volatile fund at 12.2% annualized versus 7.3% for HELO. Worst drawdown: HELO -10.9% vs HIDV -18.8%.
Should I hold both HELO and HIDV?
HELO and HIDV have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between HELO and HIDV?
55.4% of HELO's money is in holdings HIDV also owns. 51.0% of HIDV's is in holdings HELO also owns. They hold 31 positions in common, counted across the 146 positions we hold weights for in HELO and 107 in HIDV.
Which pays a higher dividend, HELO or HIDV?
HELO yields 0.57% while HIDV yields 2.56%, so HIDV currently pays the higher dividend yield.
Is HIDV better than HELO?
HIDV has a lower expense ratio. HIDV led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. HIDV is less concentrated, with 36.8% 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.