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About J.P. Morgan Exchange-Traded Fund Trust JPMorgan Hedged Equity Laddered Overlay ETF
Home page
Inception date
Sep 28, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
HELO seeks capital appreciation by investing in large-cap US stocks while seeking to provide a continuous market hedge using a put spread collar. The fund attempts to mirror the sector weights in the S&P 500, although the adviser has discretion on the selection process and may skew individual weights. HELO provides a laddered options exposure by purchasing put options on S&P 500 ETFs. The positions are laddered over multiple three-month periods staggered a month apart. The positions will expire at various dates such that each period, a portion of the options portfolio resets. The long puts are initiated at a higher strike price and the fund also sells puts at a lower strike price, resulting in a put option spread. The put spreads are partially funded by writing calls, which effectively caps the fund's upside participation. Note that the strategy will not be most profitable in rising markets and may not provide protection when the market is only slightly down.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks99.46%
Electronic Technology21.20%
Technology Services19.51%
Finance15.86%
Health Technology7.73%
Retail Trade7.57%
Consumer Services5.03%
Producer Manufacturing5.03%
Consumer Non-Durables3.64%
Energy Minerals2.80%
Utilities2.58%
Consumer Durables1.90%
Transportation1.72%
Health Services1.59%
Process Industries1.46%
Commercial Services0.57%
Communications0.45%
Non-Energy Minerals0.42%
Industrial Services0.22%
Distribution Services0.19%
Bonds, Cash & Other0.54%
Cash0.54%
Stock breakdown by region
North America95.90%
Europe4.10%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HELO invests in stocks. The fund's major sectors are Electronic Technology, with 21.20% stocks, and Technology Services, with 19.51% of the basket. The assets are mostly located in the North America region.
HELO top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 7.70% and 6.97% of the portfolio correspondingly.
HELO last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.15 USD in dividends, which shows a 71.55% decrease.
HELO assets under management is 3.14 B USD. It's risen 12.16% over the last month.
HELO fund flows account for 2.35 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HELO pays dividends to its holders with the dividend yield of 0.66%. The last dividend (Mar 27, 2025) amounted to 0.09 USD. The dividends are paid quarterly.
HELO shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on Sep 28, 2023, and its management style is Active.
HELO expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
HELO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HELO invests in stocks.
HELO price has risen by 5.23% over the last month, and its yearly performance shows a 6.05% increase. See more dynamics on HELO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.68% over the last month, showed a −3.11% decrease in three-month performance and has increased by 6.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.68% over the last month, showed a −3.11% decrease in three-month performance and has increased by 6.83% in a year.
HELO trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.