HELO vs SCHD
JPMorgan Hedged Equity Laddered Overlay ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. HELO offers more diversification with 163 holdings.
Side-by-Side Comparison
| Metric | HELO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $4.8B | $108.7B | |
| Dividend Yield | 0.63% | 3.13% | |
| Holdings | 163 | 104 | |
| YTD Return | +5.22% | +27.67% | |
| 1Y Return | +9.17% | +29.56% | |
| 3Y Return (annualized) | +12.91% | +16.53% | |
| 5Y Return (annualized) | - | +9.95% | |
| Volatility (annualized) | 7.4% | 13.6% | |
| Max Drawdown | -10.9% | -33.4% | |
| Fund Family | J.P. Morgan Asset Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 28, 2023 | Oct 20, 2011 |
HELO vs SCHD Performance
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is a ETF from J.P. Morgan Asset Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HELO returned +9.17% while SCHD returned +29.56%. Year to date, HELO is up 5.22% versus a gain of 27.67% for SCHD.
Over three years, HELO compounded at +12.91% per year against +16.53% for SCHD. Across the full 3-year window we track, HELO has the edge at +12.91% annualized vs +11.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% 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 -33.4% for SCHD. 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HELO charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, HELO currently yields 0.63% against 3.13% for SCHD.
Holdings Overlap
HELO and SCHD share 11 holdings out of 242 unique holdings combined, representing a 5.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HELO or SCHD?
HELO has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, HELO or SCHD?
Over the past year HELO returned +9.17% vs +29.56% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), HELO annualized +12.91% vs +11.55% for SCHD. Past performance does not guarantee future results.
Which is riskier, HELO or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 7.4% for HELO. Worst drawdown: HELO -10.9% vs SCHD -33.4%.
Should I hold both HELO and SCHD?
HELO and SCHD have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HELO and SCHD?
HELO and SCHD share 11 common holdings with a 5.1% weight overlap. Combined, they hold 242 unique securities.
Which pays a higher dividend, HELO or SCHD?
HELO yields 0.63% while SCHD yields 3.13%, so SCHD 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.