Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
HELOvsTSPAETF Comparison
JPMorgan Hedged Equity Laddered Overlay ETF (HELO) belongs to the Options Strategies segment. T. Rowe Price U.S. Equity Research ETF (TSPA) is part of the US Large Cap segment. HELO's top 3 sector exposures are Information Technology, Consumer Discretionary and Communication Services. In contrast, TSPA's top sector exposures are Information Technology, Financials and Communication Services. HELO is more expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.34% for TSPA. HELO is down -0.67% year-to-date (YTD) with +$268M in YTD flows. TSPA performs better with -0.54% YTD performance, and +$57M in YTD flows. Run a side-by-side ETF comparison of HELO and TSPA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
HELO vs TSPA performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HELO TSPA | -1.87%-2.14% | -0.96%-1.03% | -0.67%-0.54% | +10.25%+22.04% | n/a+87.83% | n/an/a |
| Flows | HELO TSPA | +$96M+$16M | +$330M+$66M | +$268M+$57M | +$798M+$476M | -+$1.76B | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HELO TSPA | +7.63%+11.97% | +8.54%+18.35% | n/a+15.13% | n/an/a |
| Max drawdown | HELO TSPA | -2.09%-3.61% | -6.97%-13.81% | n/a-19.15% | n/an/a |
| Max drawdown duration | HELO TSPA | 30d41d | 46d45d | n/a127d | n/an/a |
HELO | TSPA | |
Last sale 3/11/2026 at 1:30 PM | $65.95 | $42.47 |
| Previous close 03/11/2026 | $66.03 | $42.53 |
| Consolidated volume 03/11/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
HELO | TSPA | |
|---|---|---|
| Last price | $65.95 | $42.47 |
| 1D performance | -0.12% | -0.14% |
| AuM | $3.86 B | $2.16 B |
| E/R | 0.5% | 0.34% |
HELO | TSPA | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | J.P. Morgan Asset Management | T. Rowe Price |
| Benchmark | - | - |
| N° of holdings | 143 | 253 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 28, 2023 | June 8, 2021 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the HELO and TSPA ETFs performed in 2026?
As of March 11, 2026, HELO is down -0.67% year-to-date (YTD), while TSPA has lost -0.54%. That puts TSPA better performer ahead so far this year.
Which ETF is attracting more investor money: HELO or TSPA?
Year-to-date, the HELO ETF saw +$268M in flows, compared to +$57M for TSPA.
Which ETF is more volatile: HELO or TSPA?
Over the past year, HELO had a volatility of 8.54%, while TSPA experienced 18.35%.
Which ETF is bigger: HELO or TSPA?
As of March 11, 2026, HELO holds $3.86 B in assets under management (AUM), while TSPA manages $2.16 B.
What sectors do the HELO and TSPA ETFs invest in?
HELO leans toward sectors like Information Technology, Consumer Discretionary and Communication Services. Meanwhile, TSPA focuses on Information Technology, Financials and Communication Services.
What are the top holdings of the HELO ETF and TSPA ETF?
HELO top holdings include NVIDIA, MICROSOFT-T and APPLE. TSPA holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: HELO or TSPA?
HELO holds 150 securities with 47.22% of its assets in the top 15. TSPA has 261 securities and a top 15 weight of 44.76%.
Hedged Equity ETFs: Options-Based Alternatives to the 60/40 Portfolio
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
