{"url":"https://etfiq.com/compare/alternatives/helo-vs-qtr","section":"compare","title":"HELO vs QTR: Correlation to the S&P 500 | ETFIQ","description":"HELO and QTR 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 QTR +0.91.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, HELO or QTR?","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 QTR\u2019s +0.91, so QTR moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, HELO or QTR?","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 QTR \u22121.79%, so HELO returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, HELO or QTR?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, HELO finished 3.4 percentage points ahead of cash and QTR finished 1.7 percentage points ahead of cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, HELO or QTR?","acceptedAnswer":{"@type":"Answer","text":"HELO charges 0.50% a year and QTR charges 0.25%, so QTR 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 QTR","item":"https://etfiq.com/compare/alternatives/helo-vs-qtr"}]},{"@type":"WebPage","name":"HELO vs QTR: Correlation to the S&P 500","description":"HELO and QTR 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 QTR +0.91.","url":"https://etfiq.com/compare/alternatives/helo-vs-qtr","dateModified":"2026-11-04","abstract":"Over the year to Nov 4, 2026, QTR moved less with the S&P 500 than HELO: correlation +0.91 against +0.95.","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 QTR","description":"HELO and QTR 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 QTR +0.91.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/helo-vs-qtr","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":6929,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Compare ETFs / HELO vs QTR \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n HELO vs QTR: Correlation to the S&P 500\n\n Over the year to Nov 4, 2026, QTR moved less with the S&P 500 than HELO: correlation +0.91 against +0.95.\n Copy this for sharing \n \n QTR costs 0.25 points a year less; their one-year returns differ by 1.2 points; HELO is far larger, $4.9bn against $10m.\n HELO and QTR at a glance. As of Nov 4, 2026. Source: ETFIQ. HELO QTR \n Expense ratio 0.50% 0.25% \n Net assets, as of Oct 12, 2026 $4.9bn $10m \n Total return, 1 year +7.2% +6.0% ","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 QTR, data as of Nov 4, 2026. https://etfiq.com/compare/alternatives/helo-vs-qtr","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":"QTR","name":"Global X NASDAQ 100 Tail Risk ETF","issuer":"Global X","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, QTR returned 6.0%, against 14.8% for VOO.","url":"https://etfiq.com/funds/qtr","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.91","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+1.34","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"167.0%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against T-bills, 52 weeks","value":"+1.7 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":"15.6%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid annually), ex-date Jun 29, 2026","value":"$0.0406","as_of":"2026-06-29","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$10m","as_of":"2026-10-12","source":"issuer page, as of Oct 12, 2026"},{"label":"Expense ratio","value":"0.25%","as_of":"2026-02-26","source":"485BPOS XBRL, Feb 26, 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-qtr"}