HELO vs VOO
HELO vs VOO
JPMorgan Hedged Equity Laddered Overlay ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | HELO | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $4.6B | $979.0B | |
| Dividend Yield | 0.71% | 1.09% | |
| Holdings | 161 | 509 | |
| YTD Return | +5.17% | +13.11% | |
| 1Y Return | +10.96% | +22.88% | |
| 3Y Return (annualized) | - | +21.08% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 7.4% | 14.1% | |
| Max Drawdown | -10.9% | -34.3% | |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 28, 2023 | Sep 7, 2010 |
HELO vs VOO Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is a ETF from J.P. Morgan Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year HELO returned +10.96% while VOO returned +22.88%. Year to date, HELO is up 5.17% versus a gain of 13.11% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% 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 -34.3% for VOO. 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 VOO 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 VOO.
Holdings Overlap
HELO and VOO share 141 holdings out of 517 unique holdings combined, representing a 64.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in HELO | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 7.81% | 7.51% | 0.30% |
| AAPL | 7.25% | 6.59% | 0.66% |
| MSFT | 4.94% | 4.30% | 0.64% |
| 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 VOO 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 VOO?
HELO has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, HELO or VOO?
Over the past year HELO returned +10.96% vs +22.88% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), HELO annualized +13.17% vs +13.54% for VOO. Past performance does not guarantee future results.
Which is riskier, HELO or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 7.4% for HELO. Worst drawdown: HELO -10.9% vs VOO -34.3%.
Should I hold both HELO and VOO?
HELO and VOO 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 VOO?
HELO and VOO share 141 common holdings with a 64.0% weight overlap. Combined, they hold 517 unique securities.
Which pays a higher dividend, HELO or VOO?
HELO yields 0.71% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.