HELO vs PTL
JPMorgan Hedged Equity Laddered Overlay ETF vs Inspire 500 ETF
Which is better, HELO or PTL?
PTL has been ahead.
PTL has a lower expense ratio. PTL led over 1Y and the full window. PTL is less concentrated, with 28.0% 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 | HELO | PTL |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $4.9B | $892M |
| Dividend Yield | 0.57% | 0.94% |
| Holdings | 156 | 941 |
| YTD Return | +4.91% | +9.62%Best |
| 1Y Return | +7.68% | +10.17%Best |
| 3Y Return (annualized) | +11.88% | - |
| Volatility (annualized) | 7.1%Best | 13.2% |
| Max Drawdown | -10.9%Best | -19.7% |
| $10,000 over 2.6 years | $12,688 | $14,110Best |
| Top 10 Weight | 40.1% | 28.0%Best |
| Fund Family | J.P. Morgan Asset Management | Inspire ETFs |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2023 | Mar 25, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 26, 2024 to Oct 14, 2026 (2.6 years).
HELO vs PTL 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 2.6 years both funds cover.
HELO vs PTL Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management and Inspire 500 ETF (PTL) is an ETF from Inspire ETFs. Over the past year HELO returned +7.68% while PTL returned +10.17%. Year to date, HELO is up 4.91% versus a gain of 9.62% for PTL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTL has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 7.1% 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 -19.7% for PTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HELO charges 0.50% per year while PTL charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, HELO currently yields 0.57% against 0.94% for PTL.
Holdings Overlap
16.1% of HELO's money is in holdings PTL also owns. 33.2% of PTL's money is in holdings HELO also owns.
The two portfolios partly overlap.
41 positions in common, counted across the 146 positions we hold weights for in HELO and 501 in PTL, against full books of 156 and 941.
What only one of them owns
Our book lists 453 positions for PTL that do not appear in our book for HELO (64.7% of the fund), and 101 for HELO that do not appear in PTL (82.4%).
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 HELO | Weight in PTL | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.64% | 10.05% | 7.41% |
| XOMExxon Mobil Corp | 1.38% | 3.79% | 2.41% |
| PLTRPalantir Techn-A | 0.52% | 2.33% | 1.81% |
| ANETArista Networks, Inc. | 0.40% | 1.42% | 1.02% |
| APHAmphenol Corp. Class A | 0.63% | 1.18% | 0.55% |
| NEENextera Energy Inc. | 0.79% | 1.01% | 0.22% |
| GEVGE Vernova, LLC | 0.27% | 1.52% | 1.25% |
| WDCWestern Digital Corp Company Guar 11/28 3 | 0.43% | 0.85% | 0.42% |
| WELLWelltower, Inc. | 0.31% | 0.96% | 0.65% |
| MMM3m Co. | 0.78% | 0.48% | 0.30% |
33.2% of PTL 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, HELO or PTL?
HELO has an expense ratio of 0.50% while PTL charges 0.09%. PTL is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, HELO or PTL?
Over the past year HELO returned +7.68% vs +10.17% for PTL, so PTL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HELO or PTL?
PTL has been the more volatile fund at 13.2% annualized versus 7.1% for HELO. Worst drawdown: HELO -10.9% vs PTL -19.7%.
Should I hold both HELO and PTL?
HELO and PTL have a monthly-return correlation of 0.81, 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 PTL?
33.2% of PTL's money is in holdings HELO also owns. 33.2% of PTL's is in holdings HELO also owns. They hold 41 positions in common, counted across the 146 positions we hold weights for in HELO and 501 in PTL.
Which pays a higher dividend, HELO or PTL?
HELO yields 0.57% while PTL yields 0.94%, so PTL currently pays the higher dividend yield.
Is PTL better than HELO?
PTL has a lower expense ratio. PTL led over 1Y and the full window. PTL is less concentrated, with 28.0% 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.