HELO vs WBIL
JPMorgan Hedged Equity Laddered Overlay ETF vs WBI BullBear Quality 3000 ETF
Which is better, HELO or WBIL?
Each has led over a different period.
HELO has a lower expense ratio. HELO led over 3Y and the full window, WBIL over 1Y. WBIL is less concentrated, with 23.0% 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 | WBIL |
|---|---|---|
| Expense Ratio | 0.50%Best | 1.55% |
| AUM | $4.9B | $30M |
| Dividend Yield | 0.57% | 0.04% |
| Holdings | 156 | 142 |
| YTD Return | +4.91% | +14.67%Best |
| 1Y Return | +7.68% | +14.68%Best |
| 3Y Return (annualized) | +11.88%Best | +10.76% |
| 5Y Return (annualized) | - | +6.30% |
| Volatility (annualized) | 7.3%Best | 14.7% |
| Max Drawdown | -10.9%Best | -25.3% |
| $10,000 over 3 years | $14,128Best | $13,892 |
| Top 10 Weight | 40.1% | 23.0%Best |
| Fund Family | J.P. Morgan Asset Management | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 28, 2023 | Aug 25, 2014 |
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 WBIL 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 WBIL Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an ETF from J.P. Morgan Asset Management and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year HELO returned +7.68% while WBIL returned +14.68%. Year to date, HELO is up 4.91% versus a gain of 14.67% for WBIL.
Over three years, HELO compounded at +11.88% per year against +10.76% for WBIL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIL has been the more volatile fund, with annualized monthly volatility of 14.7% 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 -25.3% for WBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HELO charges 0.50% per year while WBIL charges 1.55%. On a $10,000 position that is $50 vs $155 annually, a gap of $105 per year that compounds over a long holding period. On income, HELO currently yields 0.57% against 0.04% for WBIL.
Holdings Overlap
14.3% of HELO's money is in holdings WBIL also owns. 26.9% of WBIL's money is in holdings HELO also owns.
WBIL and HELO share little of their money.
18 positions in common, counted across the 146 positions we hold weights for in HELO and 64 in WBIL, against full books of 156 and 142.
What only one of them owns
Our book lists 45 positions for WBIL that do not appear in our book for HELO (70.5% of the fund), and 125 for HELO that do not appear in WBIL (84.1%).
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 WBIL | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 1.70% | 2.38% | 0.68% |
| METAMeta Platform Inc | 2.31% | 1.65% | 0.66% |
| TTTrane Technologies PLC|125 | 0.83% | 2.17% | 1.34% |
| AMDAdvanced Micro Devices Inc | 1.28% | 1.69% | 0.41% |
| VVisa Inc-class A Shares | 0.96% | 1.94% | 0.98% |
| APHAmphenol Corp. Class A | 0.63% | 2.10% | 1.47% |
| ROSTRoss Stores, Inc. | 0.49% | 2.06% | 1.57% |
| ANETArista Networks Inc Common Stock | 0.40% | 2.10% | 1.70% |
| CORCencora Inc | 0.40% | 1.94% | 1.54% |
| JNJJohnson & Johnson - Common | 1.40% | 0.83% | 0.57% |
26.9% of WBIL 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 WBIL?
HELO has an expense ratio of 0.50% while WBIL charges 1.55%. HELO is the cheaper option, by $105 a year on a $10,000 investment.
Which performed better, HELO or WBIL?
Over the past year HELO returned +7.68% vs +14.68% for WBIL, so WBIL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HELO or WBIL?
WBIL has been the more volatile fund at 14.7% annualized versus 7.3% for HELO. Worst drawdown: HELO -10.9% vs WBIL -25.3%.
Should I hold both HELO and WBIL?
HELO and WBIL have a monthly-return correlation of 0.75, 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 WBIL?
26.9% of WBIL's money is in holdings HELO also owns. 26.9% of WBIL's is in holdings HELO also owns. They hold 18 positions in common, counted across the 146 positions we hold weights for in HELO and 64 in WBIL.
Which pays a higher dividend, HELO or WBIL?
HELO yields 0.57% while WBIL yields 0.04%, so HELO currently pays the higher dividend yield.
Is WBIL better than HELO?
HELO has a lower expense ratio. HELO led over 3Y and the full window, WBIL over 1Y. WBIL is less concentrated, with 23.0% 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.