HELO Performance — JPMorgan Hedged Equity Laddered Overlay ETF
Data updated: 2026-09-28
HELO returned +3.24% year to date and +8.67% over one year to Jul 2026. The annualised 3-year return is +11.63%. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $139, against $153 for the category, and to $109 over one year, against $116. Volatility over the past three years was 7.38% a year. In the 12 months to Jul 2026 the fund took in a net $1.1B, and assets reached $4.62B.
HELO Growth of $100
What $100 invested in JPMorgan Hedged Equity Laddered Overlay ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | HELO | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $109 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $139 | $153 |
HELO Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +3.24% |
| 1 year | +8.67% |
| 3 years (annualised) | +11.63% |
HELO Annual Returns
Calendar-year total returns of JPMorgan Hedged Equity Laddered Overlay ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +3.24% |
| 2025 | +8.05% |
| 2024 | +17.64% |
| 2023 (Aug–Dec) | +6.01% |
HELO Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.9% | −0.5% | −3.9% | +5.5% | +0.8% | −0.5% | +1.1% | — | — | — | — | — |
| 2025 | +1.6% | −0.7% | −4.3% | −0.7% | +3.4% | +2.3% | +1.2% | +1.4% | +1.5% | +0.9% | +0.9% | +0.5% |
| 2024 | +1.4% | +2.8% | +1.6% | −1.8% | +3.9% | +2.7% | +0.7% | +2.2% | +1.6% | −0.2% | +3.3% | −1.5% |
| 2023 | — | — | — | — | — | — | — | 0.0% | −0.2% | −1.2% | +5.7% | +1.7% |
HELO Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 7.38%
- 3-year Sharpe ratio: 0.97 (vs 4.5% risk-free rate)
- Best month: +5.74% (Nov 2023)
- Worst month: −4.33% (Mar 2025)
HELO Fund Flows
Monthly money in and out of JPMorgan Hedged Equity Laddered Overlay ETF, from SEC Form N-PORT.
- 12-month net flow: $1.1B
- 12-month gross sales (incl. reinvestments): $1.8B
- Sales ÷ redemptions: 2.48×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $655.3M | $0 | $655.3M |
| Jun 2026 | $49.1M | $241.9M | −$192.8M |
| May 2026 | $128.8M | $42.4M | $86.4M |
| Apr 2026 | $61.2M | $10.0M | $51.2M |
| Mar 2026 | $106.4M | $27.2M | $79.1M |
| Feb 2026 | $87.1M | $15.0M | $72.1M |
| Jan 2026 | $146.7M | $10.0M | $136.7M |
| Dec 2025 | $122.7M | $24.9M | $97.8M |
| Nov 2025 | $53.8M | $93.9M | −$40.1M |
| Oct 2025 | $148.6M | $0 | $148.6M |
| Sep 2025 | $74.5M | $137.2M | −$62.7M |
| Aug 2025 | $147.0M | $115.6M | $31.4M |
HELO Assets Under Management
Net assets of JPMorgan Hedged Equity Laddered Overlay ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.62B |
| 2026-04-30 | $4.02B |
| 2026-01-31 | $3.78B |
| 2025-10-31 | $3.58B |
| 2025-07-31 | $3.34B |
| 2025-04-30 | $2.89B |
| 2025-01-31 | $2.56B |
| 2024-10-31 | $1.83B |
| 2024-07-31 | $1.10B |
| 2024-04-30 | $526.08M |
| 2024-01-31 | $260.04M |
| 2023-10-31 | $60.36M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.