HELO vs SSUS
JPMorgan Hedged Equity Laddered Overlay ETF vs Day Hagan Smart Sector ETF
Which is better, HELO or SSUS?
SSUS has been ahead.
HELO has a lower expense ratio. SSUS led over 1Y, 3Y and the full window. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 89.3%.
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 | SSUS |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.76% |
| AUM | $4.9B | $614M |
| Dividend Yield | 0.57% | 0.45% |
| Holdings | 156 | 48 |
| YTD Return | +4.91% | +15.69%Best |
| 1Y Return | +7.68% | +18.28%Best |
| 3Y Return (annualized) | +11.88% | +18.40%Best |
| 5Y Return (annualized) | - | +10.92% |
| Volatility (annualized) | 7.3%Best | 12.1% |
| Max Drawdown | -10.9%Best | -17.6% |
| $10,000 over 3 years | $14,128 | $16,809Best |
| Top 10 Weight | 40.1%Best | 89.3% |
| Fund Family | J.P. Morgan Asset Management | Day Hagan Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2023 | Jan 16, 2020 |
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 SSUS 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 SSUS Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management and Day Hagan Smart Sector ETF (SSUS) is an ETF from Day Hagan Funds. Over the past year HELO returned +7.68% while SSUS returned +18.28%. Year to date, HELO is up 4.91% versus a gain of 15.69% for SSUS.
Over three years, HELO compounded at +11.88% per year against +18.40% for SSUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SSUS has been the more volatile fund, with annualized monthly volatility of 12.1% 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 -17.6% for SSUS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HELO charges 0.50% per year while SSUS charges 0.76%. On a $10,000 position that is $50 vs $76 annually, a gap of $26 per year that compounds over a long holding period. On income, HELO currently yields 0.57% against 0.45% for SSUS.
Holdings Overlap
26.9% of HELO's money is in holdings SSUS also owns. 11.9% of SSUS's money is in holdings HELO also owns.
HELO and SSUS share little of their money.
5 positions in common, counted across the 146 positions we hold weights for in HELO and 16 in SSUS, against full books of 156 and 48.
What only one of them owns
Our book lists 11 positions for SSUS that do not appear in our book for HELO (88.0% of the fund), and 138 for HELO that do not appear in SSUS (71.5%).
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.
26.9% of HELO is already inside SSUS.
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 SSUS?
HELO has an expense ratio of 0.50% while SSUS charges 0.76%. HELO is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, HELO or SSUS?
Over the past year HELO returned +7.68% vs +18.28% for SSUS, so SSUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HELO or SSUS?
SSUS has been the more volatile fund at 12.1% annualized versus 7.3% for HELO. Worst drawdown: HELO -10.9% vs SSUS -17.6%.
Should I hold both HELO and SSUS?
HELO and SSUS have a monthly-return correlation of 0.86, 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 SSUS?
26.9% of HELO's money is in holdings SSUS also owns. 11.9% of SSUS's is in holdings HELO also owns. They hold 5 positions in common, counted across the 146 positions we hold weights for in HELO and 16 in SSUS.
Which pays a higher dividend, HELO or SSUS?
HELO yields 0.57% while SSUS yields 0.45%, so HELO currently pays the higher dividend yield.
Is SSUS better than HELO?
HELO has a lower expense ratio. SSUS led over 1Y, 3Y and the full window. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 89.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.