HELO vs LGHT
JPMorgan Hedged Equity Laddered Overlay ETF vs Langar Global Healthtech ETF
Which is better, HELO or LGHT?
Each has led over a different period.
HELO has a lower expense ratio. HELO led over the full window, LGHT over 1Y. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 75.5%.
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 | LGHT |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.85% |
| AUM | $4.9B | $2M |
| Dividend Yield | 0.57% | 0.00% |
| Holdings | 156 | 32 |
| YTD Return | +5.28% | +12.20%Best |
| 1Y Return | +8.07% | +11.48%Best |
| 3Y Return (annualized) | +12.00% | - |
| Volatility (annualized) | 7.0%Best | 17.9% |
| Max Drawdown | -10.9%Best | -28.6% |
| $10,000 over 2.8 years | $13,401Best | $11,023 |
| Top 10 Weight | 40.1%Best | 75.5% |
| Fund Family | J.P. Morgan Asset Management | Langar Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2023 | Jan 10, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Jan 10, 2024 to Oct 15, 2026 (2.8 years).
HELO vs LGHT 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 2.8 years both funds cover.
HELO vs LGHT Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management and Langar Global Healthtech ETF (LGHT) is an ETF from Langar Investment Management. Over the past year HELO returned +8.07% while LGHT returned +11.48%. Year to date, HELO is up 5.28% versus a gain of 12.20% for LGHT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGHT has been the more volatile fund, with annualized monthly volatility of 17.9% 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 -10.9% for HELO and -28.6% for LGHT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HELO charges 0.50% per year while LGHT charges 0.85%. On a $10,000 position that is $50 vs $85 annually, a gap of $35 per year that compounds over a long holding period. On income, HELO currently yields 0.57% against 0.00% for LGHT.
Holdings Overlap
We hold position weights for 146 holdings in HELO and 31 in LGHT, totalling 99.8% and 100.0% 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 31 in LGHT, against full books of 156 and 32.
What only one of them owns
Our book lists 27 positions for LGHT that do not appear in our book for HELO (89.1% of the fund), and 143 for HELO that do not appear in LGHT (98.6%).
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.
You are not choosing between two funds in isolation.
Whichever of HELO and LGHT 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 LGHT?
HELO has an expense ratio of 0.50% while LGHT charges 0.85%. HELO is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, HELO or LGHT?
Over the past year HELO returned +8.07% vs +11.48% for LGHT, so LGHT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HELO or LGHT?
LGHT has been the more volatile fund at 17.9% annualized versus 7.0% for HELO. Worst drawdown: HELO -10.9% vs LGHT -28.6%.
Should I hold both HELO and LGHT?
HELO and LGHT have a monthly-return correlation of 0.44, 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 LGHT?
HELO yields 0.57% while LGHT yields 0.00%, so HELO currently pays the higher dividend yield.
Is LGHT better than HELO?
HELO has a lower expense ratio. HELO led over the full window, LGHT over 1Y. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 75.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.