HELO vs HUSV
JPMorgan Hedged Equity Laddered Overlay ETF vs First Trust Horizon Managed Volatility Domestic ETF
Which is better, HELO or HUSV?
HELO has been ahead.
HELO has a lower expense ratio. HELO led over 1Y, 3Y and the full window. HUSV is less concentrated, with 22.7% 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 | HUSV |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.70% |
| AUM | $4.9B | $54M |
| Dividend Yield | 0.57% | 1.52% |
| Holdings | 156 | 202 |
| YTD Return | +4.91% | +5.79%Best |
| 1Y Return | +7.68%Best | +3.42% |
| 3Y Return (annualized) | +11.88%Best | +9.84% |
| 5Y Return (annualized) | - | +5.65% |
| Volatility (annualized) | 7.3%Best | 10.3% |
| Max Drawdown | -10.9% | -9.3%Best |
| $10,000 over 3 years | $14,128Best | $13,423 |
| Top 10 Weight | 40.1% | 22.7%Best |
| Fund Family | J.P. Morgan Asset Management | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2023 | Aug 24, 2016 |
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 HUSV 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 HUSV Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management and First Trust Horizon Managed Volatility Domestic ETF (HUSV) is an ETF from First Trust Portfolios (US). Over the past year HELO returned +7.68% while HUSV returned +3.42%. Year to date, HELO is up 4.91% versus a gain of 5.79% for HUSV.
Over three years, HELO compounded at +11.88% per year against +9.84% for HUSV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HUSV has been the more volatile fund, with annualized monthly volatility of 10.3% 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 -9.3% for HUSV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HELO charges 0.50% per year while HUSV 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 1.52% for HUSV.
Holdings Overlap
28.9% of HELO's money is in holdings HUSV also owns. 19.5% of HUSV's money is in holdings HELO also owns.
HELO and HUSV share little of their money.
23 positions in common, counted across the 146 positions we hold weights for in HELO and 101 in HUSV, against full books of 156 and 202.
What only one of them owns
Our book lists 76 positions for HUSV that do not appear in our book for HELO (78.8% of the fund), and 120 for HELO that do not appear in HUSV (69.5%).
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 HUSV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.17% | 1.94% | 6.23% |
| AAPLApple, Inc | 7.01% | 2.27% | 4.74% |
| ADIAnalog Devices, Inc. | 0.44% | 1.94% | 1.50% |
| JNJJohnson & Johnson - Common | 1.40% | 0.90% | 0.50% |
| MCDMcdonald'S Corp | 0.63% | 1.27% | 0.64% |
| VVisa Inc Class A | 0.96% | 0.84% | 0.12% |
| ADSKAutodesk, Inc. | 0.26% | 1.50% | 1.24% |
| XOMExxonmobil Corp. | 1.38% | 0.37% | 1.01% |
| BACBank of America Corp.: Financials | 0.91% | 0.72% | 0.19% |
| PEPPepsico Inc. | 0.80% | 0.80% | 0.00% |
28.9% of HELO is already inside HUSV.
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 HUSV?
HELO has an expense ratio of 0.50% while HUSV charges 0.70%. HELO is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, HELO or HUSV?
Over the past year HELO returned +7.68% vs +3.42% for HUSV, so HELO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HELO or HUSV?
HUSV has been the more volatile fund at 10.3% annualized versus 7.3% for HELO. Worst drawdown: HELO -10.9% vs HUSV -9.3%.
Should I hold both HELO and HUSV?
HELO and HUSV have a monthly-return correlation of 0.57, 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 HELO and HUSV?
28.9% of HELO's money is in holdings HUSV also owns. 19.5% of HUSV's is in holdings HELO also owns. They hold 23 positions in common, counted across the 146 positions we hold weights for in HELO and 101 in HUSV.
Which pays a higher dividend, HELO or HUSV?
HELO yields 0.57% while HUSV yields 1.52%, so HUSV currently pays the higher dividend yield.
Is HUSV better than HELO?
HELO has a lower expense ratio. HELO led over 1Y, 3Y and the full window. HUSV is less concentrated, with 22.7% 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.