HELO: Cutting Volatility And Market Upside As Well

  • JPMorgan Hedged Equity Laddered Overlay ETF combines fundamental stock selection and SPY options to reduce downside risk. Despite an undeniable success at cutting volatility, HELO has given up a lot of market upside and underperformed SPY in risk-adjusted return. With only 21 months of track record, we still have to see how HELO behaves in a bear market or a deep correction.