HEQQ vs QTR
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF vs Global X NASDAQ 100 Tail Risk ETF
Which is better, HEQQ or QTR?
QTR has been ahead.
QTR has a lower expense ratio. QTR led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. QTR is less concentrated, with 46.4% of the fund in its ten largest positions against 53.6%.
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 | HEQQ | QTR |
|---|---|---|
| Expense Ratio | 0.50% | 0.25%Best |
| AUM | $31M | $10M |
| Dividend Yield | 0.16% | 16.32% |
| Holdings | 108 | 105 |
| YTD Return | +6.38% | +12.97%Best |
| 1Y Return | +8.87% | +14.42%Best |
| 3Y Return (annualized) | - | +20.02% |
| 5Y Return (annualized) | - | +11.44% |
| Volatility (annualized) | 8.3%Best | 17.7% |
| Max Drawdown | -7.6%Best | -12.3% |
| $10,000 over 1.5 years | $12,392 | $13,765Best |
| Top 10 Weight | 53.6% | 46.4%Best |
| Fund Family | J.P. Morgan Asset Management | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 26, 2025 | Aug 25, 2021 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 27, 2025 to Oct 14, 2026 (1.5 years).
HEQQ vs QTR 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 1.5 years both funds cover.
HEQQ vs QTR Performance
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) is an ETF from J.P. Morgan Asset Management and Global X NASDAQ 100 Tail Risk ETF (QTR) is an ETF from GLOBALXETFS. Over the past year HEQQ returned +8.87% while QTR returned +14.42%. Year to date, HEQQ is up 6.38% versus a gain of 12.97% for QTR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTR has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 8.3% for HEQQ. 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 -7.6% for HEQQ and -12.3% for QTR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HEQQ charges 0.50% per year while QTR charges 0.25%. On a $10,000 position that is $50 vs $25 annually, a gap of $25 per year that compounds over a long holding period. On income, HEQQ currently yields 0.16% against 16.32% for QTR.
Holdings Overlap
81.8% of HEQQ's money is in holdings QTR also owns. 67.6% of QTR's money is in holdings HEQQ also owns.
Most of HEQQ is already inside QTR. Owning both mostly buys the same companies twice.
36 positions in common, counted across the 98 positions we hold weights for in HEQQ and 101 in QTR, against full books of 108 and 105.
What only one of them owns
Our book lists 61 positions for QTR that do not appear in our book for HEQQ (30.8% of the fund), and 60 for HEQQ that do not appear in QTR (17.5%).
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.
Top Shared Holdings
| Stock | Weight in HEQQ | Weight in QTR | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.80% | 8.35% | 0.45% |
| AAPLApple Inc | 8.10% | 7.24% | 0.86% |
| MSFTMicrosoft Corp_None_0 | 6.80% | 5.71% | 1.09% |
| MUMicron Technology, Inc. | 5.35% | 5.13% | 0.22% |
| GOOGAlphabet, Inc.- Cl C | 6.14% | 2.78% | 3.36% |
| AMZNAmazon.Com Inc | 4.79% | 4.02% | 0.77% |
| AMDAdvanced Micro Devices Inc. | 4.02% | 4.16% | 0.14% |
| METAMeta Platforms, Inc. | 3.47% | 3.23% | 0.24% |
| WMTWalmart, Inc. | 3.40% | 2.10% | 1.30% |
| TSLATesla Mtrs Inc | 2.51% | 2.79% | 0.28% |
81.8% of HEQQ is already inside QTR.
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, HEQQ or QTR?
HEQQ has an expense ratio of 0.50% while QTR charges 0.25%. QTR is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, HEQQ or QTR?
Over the past year HEQQ returned +8.87% vs +14.42% for QTR, so QTR leads on 1-year performance. Over the longest common window we track (2 years), HEQQ annualized +15.37% vs +23.74% for QTR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEQQ or QTR?
QTR has been the more volatile fund at 17.7% annualized versus 8.3% for HEQQ. Worst drawdown: HEQQ -7.6% vs QTR -12.3%.
Should I hold both HEQQ and QTR?
HEQQ and QTR have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between HEQQ and QTR?
81.8% of HEQQ's money is in holdings QTR also owns. 67.6% of QTR's is in holdings HEQQ also owns. They hold 36 positions in common, counted across the 98 positions we hold weights for in HEQQ and 101 in QTR.
Which pays a higher dividend, HEQQ or QTR?
HEQQ yields 0.16% while QTR yields 16.32%, so QTR currently pays the higher dividend yield.
Is QTR better than HEQQ?
QTR has a lower expense ratio. QTR led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. QTR is less concentrated, with 46.4% of the fund in its ten largest positions against 53.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.