HELO vs WAGN
JPMorgan Hedged Equity Laddered Overlay ETF vs Pabrai Wagons ETF
Which is better, HELO or WAGN?
WAGN has been ahead.
HELO has a lower expense ratio. WAGN led over 1Y. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 68.1%.
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 | WAGN |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.90% |
| AUM | $4.9B | $302M |
| Dividend Yield | 0.57% | 0.00% |
| Holdings | 156 | 42 |
| YTD Return | +5.28% | +7.37%Best |
| 1Y Return | +8.07% | - |
| 3Y Return (annualized) | +12.00% | - |
| Top 10 Weight | 40.1%Best | 68.1% |
| Fund Family | J.P. Morgan Asset Management | Pabrai Wagons Fund |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2023 | Feb 9, 2026 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
HELO vs WAGN 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HELO vs WAGN Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management and Pabrai Wagons ETF (WAGN) is an ETF from Pabrai Wagons Fund. Year to date, HELO is up 5.28% versus a gain of 7.37% for WAGN.
Past performance does not guarantee future results.
Fees and Cost Over Time
HELO charges 0.50% per year while WAGN charges 0.90%. On a $10,000 position that is $50 vs $90 annually, a gap of $40 per year that compounds over a long holding period. On income, HELO currently yields 0.57% against 0.00% for WAGN.
Holdings Overlap
We hold position weights for 146 holdings in HELO and 21 in WAGN, totalling 99.8% and 100.4% 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 21 in WAGN, against full books of 156 and 42.
What only one of them owns
Our book lists 6 positions for WAGN that do not appear in our book for HELO (25.5% of the fund), and 143 for HELO that do not appear in WAGN (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 WAGN 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 WAGN?
HELO has an expense ratio of 0.50% while WAGN charges 0.90%. HELO is the cheaper option, by $40 a year on a $10,000 investment.
Which pays a higher dividend, HELO or WAGN?
HELO yields 0.57% while WAGN yields 0.00%, so HELO currently pays the higher dividend yield.
Is WAGN better than HELO?
HELO has a lower expense ratio. WAGN led over 1Y. HELO is less concentrated, with 40.1% of the fund in its ten largest positions against 68.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.