HEQQ vs VOO
JPMorgan Nasdaq 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 | HEQQ | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $30M | $979.0B | |
| Dividend Yield | 0.10% | 1.09% | |
| Holdings | 106 | 509 | |
| YTD Return | +6.07% | +14.48% | |
| 1Y Return | +12.59% | +22.02% | |
| 3Y Return (annualized) | - | +21.80% | |
| 5Y Return (annualized) | - | +13.36% | |
| Volatility (annualized) | 8.8% | 14.2% | |
| Max Drawdown | -7.6% | -34.3% | |
| Fund Family | J.P. Morgan Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Mar 26, 2025 | Sep 7, 2010 |
HEQQ vs VOO Performance
JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) 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 HEQQ returned +12.59% while VOO returned +22.02%. Year to date, HEQQ is up 6.07% versus a gain of 14.48% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 8.8% for HEQQ. 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 -7.6% for HEQQ 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HEQQ 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, HEQQ currently yields 0.10% against 1.09% for VOO.
Holdings Overlap
HEQQ and VOO share 83 holdings out of 520 unique holdings combined, representing a 51.2% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, HEQQ or VOO?
HEQQ 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, HEQQ or VOO?
Over the past year HEQQ returned +12.59% vs +22.02% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), HEQQ annualized +17.17% vs +13.61% for VOO. Past performance does not guarantee future results.
Which is riskier, HEQQ or VOO?
VOO has been the more volatile fund at 14.2% annualized versus 8.8% for HEQQ. Worst drawdown: HEQQ -7.6% vs VOO -34.3%.
Should I hold both HEQQ and VOO?
HEQQ and VOO have a monthly-return correlation of 0.91, 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 HEQQ and VOO?
HEQQ and VOO share 83 common holdings with a 51.2% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, HEQQ or VOO?
HEQQ yields 0.10% 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.