{"url":"https://etfiq.com/compare/alternatives/heqt-vs-hola","section":"compare","title":"HEQT vs HOLA: Correlation to the S&P 500 | ETFIQ","description":"HEQT and HOLA both run hedged equity strategies. Over the year to Nov 4, 2026, HEQT had a correlation of +0.97 with the S&P 500 and HOLA +0.69.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, HEQT or HOLA?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Nov 4, 2026, HEQT\u2019s weekly returns had a correlation of +0.97 with the S&P 500 and HOLA\u2019s +0.69, so HOLA moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, HEQT or HOLA?","acceptedAnswer":{"@type":"Answer","text":"In the 26 weeks the S&P 500 fell, by 1.07% a week on average, HEQT averaged \u22120.58% and HOLA \u22120.40%, so HOLA returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, HEQT or HOLA?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, HEQT finished 6.5 percentage points ahead of cash and HOLA finished 6.5 percentage points ahead of cash, level with each other at the precision this page prints."}},{"@type":"Question","name":"Which is cheaper, HEQT or HOLA?","acceptedAnswer":{"@type":"Answer","text":"HEQT charges 0.48% a year and HOLA charges 0.50%, 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":"HEQT vs HOLA","item":"https://etfiq.com/compare/alternatives/heqt-vs-hola"}]},{"@type":"WebPage","name":"HEQT vs HOLA: Correlation to the S&P 500","description":"HEQT and HOLA both run hedged equity strategies. Over the year to Nov 4, 2026, HEQT had a correlation of +0.97 with the S&P 500 and HOLA +0.69.","url":"https://etfiq.com/compare/alternatives/heqt-vs-hola","dateModified":"2026-11-04","abstract":"Over the year to Nov 4, 2026, HOLA moved less with the S&P 500 than HEQT: correlation +0.69 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 HEQT and HOLA","description":"HEQT and HOLA both run hedged equity strategies. Over the year to Nov 4, 2026, HEQT had a correlation of +0.97 with the S&P 500 and HOLA +0.69.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/heqt-vs-hola","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":6961,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Compare ETFs / HEQT vs HOLA \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n HEQT vs HOLA: Correlation to the S&P 500\n\n Over the year to Nov 4, 2026, HOLA moved less with the S&P 500 than HEQT: correlation +0.69 against +0.97.\n Copy this for sharing \n \n HEQT costs 0.02 points a year less; their one-year returns differ by 0.4 points; HEQT is 1.1 times larger.\n HEQT and HOLA at a glance. As of Nov 4, 2026. Source: ETFIQ. HEQT HOLA \n Expense ratio 0.48% 0.50% \n Net assets, as of Nov 3, 2026 $307m $282m \n Total return, 1 year +10.3% +10.7% \n Holdin","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, HEQT against HOLA, data as of Nov 4, 2026. https://etfiq.com/compare/alternatives/heqt-vs-hola","a":{"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"}]},"b":{"ticker":"HOLA","name":"JPMorgan International Hedged Equity Laddered Overlay ETF","issuer":"JPMorgan","desk":"alternatives","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, HOLA returned 10.7%, against 16.9% for EFA.","url":"https://etfiq.com/funds/hola","key_facts":[{"label":"Correlation with the S&P 500","value":"+0.69","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Beta to the S&P 500","value":"+0.46","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Down-week capture","value":"36.9%","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":"3.0%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment, ex-date Dec 16, 2025","value":"$1.5781","as_of":"2025-12-16","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$282m","as_of":"2026-11-03","source":"issuer page, as of Nov 3, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-02-25","source":"485BPOS XBRL, Feb 25, 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/heqt-vs-hola"}