{"url":"https://etfiq.com/compare/alternatives/helo-vs-heqt","section":"compare","title":"HELO vs HEQT: Correlation to the S&P 500 | ETFIQ","description":"HELO and HEQT both run hedged equity strategies. Over the year to Nov 4, 2026, HELO had a correlation of +0.95 with the S&P 500 and HEQT +0.97.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, HELO or HEQT?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Nov 4, 2026, HELO\u2019s weekly returns had a correlation of +0.95 with the S&P 500 and HEQT\u2019s +0.97, so HELO moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, HELO or HEQT?","acceptedAnswer":{"@type":"Answer","text":"In the 26 weeks the S&P 500 fell, by 1.07% a week on average, HELO averaged \u22120.65% and HEQT \u22120.58%, so HEQT returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, HELO or HEQT?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, HELO finished 3.4 percentage points ahead of cash and HEQT finished 6.5 percentage points ahead of cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, HELO or HEQT?","acceptedAnswer":{"@type":"Answer","text":"HELO charges 0.50% a year and HEQT charges 0.48%, so HEQT is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Alternatives ETFs","item":"https://etfiq.com/alternatives/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"HELO vs HEQT","item":"https://etfiq.com/compare/alternatives/helo-vs-heqt"}]},{"@type":"WebPage","name":"HELO vs HEQT: Correlation to the S&P 500","description":"HELO and HEQT both run hedged equity strategies. Over the year to Nov 4, 2026, HELO had a correlation of +0.95 with the S&P 500 and HEQT +0.97.","url":"https://etfiq.com/compare/alternatives/helo-vs-heqt","dateModified":"2026-11-04","abstract":"Over the year to Nov 4, 2026, HELO moved less with the S&P 500 than HEQT: correlation +0.95 against +0.97.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of HELO and HEQT","description":"HELO and HEQT both run hedged equity strategies. Over the year to Nov 4, 2026, HELO had a correlation of +0.95 with the S&P 500 and HEQT +0.97.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/helo-vs-heqt","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]}],"characters":6918,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Compare ETFs / HELO vs HEQT \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n HELO vs HEQT: Correlation to the S&P 500\n\n Over the year to Nov 4, 2026, HELO moved less with the S&P 500 than HEQT: correlation +0.95 against +0.97.\n Copy this for sharing \n \n HEQT costs 0.02 points a year less; their one-year returns differ by 3.1 points; HELO is 16.0 times larger.\n HELO and HEQT at a glance. As of Nov 4, 2026. Source: ETFIQ. HELO HEQT \n Expense ratio 0.50% 0.48% \n Net assets, as of Nov 3, 2026 $4.9bn $307m \n Total return, 1 year +7.2% +10.3% \n Holdi","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, HELO against HEQT, data as of Nov 4, 2026. https://etfiq.com/compare/alternatives/helo-vs-heqt","a":{"ticker":"HELO","name":"JPMorgan Hedged Equity Laddered Overlay ETF","issuer":"JPMorgan","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, HELO returned 7.2%, against 14.8% for VOO.","url":"https://etfiq.com/funds/helo","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.95","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.59","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"60.7%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+3.4 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"0.6%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 22, 2026","value":"$0.0907","as_of":"2026-09-22","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$4.9bn","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-04-30","source":"497 XBRL, Apr 30, 2026"}]},"b":{"ticker":"HEQT","name":"Simplify Hedged Equity ETF","issuer":"Simplify","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, HEQT returned 10.3%, against 14.8% for VOO.","url":"https://etfiq.com/funds/heqt","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.97","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.56","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"54.2%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+6.5 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"1.3%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 25, 2026","value":"$0.10","as_of":"2026-09-25","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$307m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.48%","as_of":"2026-10-28","source":"485BPOS XBRL, Oct 28, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/alternatives/helo-vs-heqt"}