HELO vs HOLD
JPMorgan Hedged Equity Laddered Overlay ETF vs Harbor Alpha Layering ETF
Which is better, HELO or HOLD?
Each has led over a different period.
HELO has a lower expense ratio. HELO led over 1Y, HOLD over 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 | HELO | HOLD |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.70% |
| AUM | $4.9B | $4M |
| Dividend Yield | 0.57% | 6.80% |
| Holdings | 156 | 20 |
| YTD Return | +4.91% | +7.39%Best |
| 1Y Return | +7.68%Best | +7.59% |
| 3Y Return (annualized) | +11.88% | - |
| Volatility (annualized) | 7.0%Best | 14.5% |
| Max Drawdown | -5.8%Best | -9.5% |
| $10,000 over 1.2 years | $10,964 | $11,773Best |
| Fund Family | J.P. Morgan Asset Management | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2023 | Aug 13, 2025 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Aug 14, 2025 to Oct 14, 2026 (1.2 years).
HELO vs HOLD 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 1.2 years both funds cover.
HELO vs HOLD Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management and Harbor Alpha Layering ETF (HOLD) is an ETF from Harbor Funds. Over the past year HELO returned +7.68% while HOLD returned +7.59%. Year to date, HELO is up 4.91% versus a gain of 7.39% for HOLD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HOLD has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 7.0% 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 -5.8% for HELO and -9.5% for HOLD. 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
HELO charges 0.50% per year while HOLD charges 0.70%. On a $10,000 position that is $50 vs $70 annually, a gap of $20 per year that compounds over a long holding period. On income, HELO currently yields 0.57% against 6.80% for HOLD.
Holdings Overlap
We hold position weights for 146 holdings in HELO and 1 in HOLD, totalling 99.8% and 93.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 146 positions we hold weights for in HELO and 1 in HOLD, against full books of 156 and 20.
You are not choosing between two funds in isolation.
Whichever of HELO and HOLD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HELO or HOLD?
HELO has an expense ratio of 0.50% while HOLD charges 0.70%. HELO is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, HELO or HOLD?
Over the past year HELO returned +7.68% vs +7.59% for HOLD, so HELO leads on 1-year performance. Over the longest common window we track (1 years), HELO annualized +7.97% vs +14.57% for HOLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HELO or HOLD?
HOLD has been the more volatile fund at 14.5% annualized versus 7.0% for HELO. Worst drawdown: HELO -5.8% vs HOLD -9.5%.
Should I hold both HELO and HOLD?
HELO and HOLD 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.
Which pays a higher dividend, HELO or HOLD?
HELO yields 0.57% while HOLD yields 6.80%, so HOLD currently pays the higher dividend yield.
Is HOLD better than HELO?
HELO has a lower expense ratio. HELO led over 1Y, HOLD over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.