HELO vs IVV
HELO vs IVV
JPMorgan Hedged Equity Laddered Overlay ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | HELO | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $4.6B | $865.2B | |
| Dividend Yield | 0.71% | 1.09% | |
| Holdings | 161 | 508 | |
| YTD Return | +5.02% | +13.52% | |
| 1Y Return | +10.81% | +23.63% | |
| 3Y Return (annualized) | - | +21.26% | |
| 5Y Return (annualized) | - | +13.52% | |
| Volatility (annualized) | 7.4% | 15.1% | |
| Max Drawdown | -10.9% | -56.5% | |
| Fund Family | J.P. Morgan Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 28, 2023 | May 15, 2000 |
HELO vs IVV Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is a ETF from J.P. Morgan Asset Management and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HELO returned +10.81% while IVV returned +23.63%. Year to date, HELO is up 5.02% versus a gain of 13.52% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 7.4% 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 -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HELO charges 0.50% per year while IVV charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, HELO currently yields 0.71% against 1.09% for IVV.
Holdings Overlap
HELO and IVV share 140 holdings out of 518 unique holdings combined, representing a 64.8% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in HELO | Weight in IVV | Difference |
|---|---|---|---|
| NVDA | 7.81% | 7.76% | 0.05% |
| AAPL | 7.25% | 7.44% | 0.19% |
| MSFT | 4.94% | 4.57% | 0.37% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings HELO shares with IVV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, HELO or IVV?
HELO has an expense ratio of 0.50% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, HELO or IVV?
Over the past year HELO returned +10.81% vs +23.63% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), HELO annualized +13.14% vs +7.04% for IVV. Past performance does not guarantee future results.
Which is riskier, HELO or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 7.4% for HELO. Worst drawdown: HELO -10.9% vs IVV -56.5%.
Should I hold both HELO and IVV?
HELO and IVV have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between HELO and IVV?
HELO and IVV share 140 common holdings with a 64.8% weight overlap. Combined, they hold 518 unique securities.
Which pays a higher dividend, HELO or IVV?
HELO yields 0.71% while IVV yields 1.09%, so IVV currently pays the higher dividend yield.
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