Key stats
About JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF
Home page
Inception date
Mar 26, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
ISIN
US46654Q6254
HEQQ seeks to deliver lower volatility and risk-adjusted returns over a complete market cycle (3-5 years) than traditional long-only equity strategies. The portfolio will include stocks in the Nasdaq-100 index and a laddered options overlay. Stock selection utilizes ESG considerations and a data science-driven approach that integrates proprietary research, financial analysis, alternative data, and risk analysis in identifying attractive securities. The fund manages market volatility, and macroeconomic and operational risks through a laddered options overlay, using put option spreads to provide downside protection and writing call options to offset hedge costs. These positions are staggered across three rolling three-month hedge periods for continuous market protection. Note that this trade-off may limit upside potential in strong bull markets. The fund may use futures contracts. The fund may have a high portfolio turnover.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Retail Trade
Stocks99.20%
Electronic Technology32.96%
Technology Services32.18%
Retail Trade10.70%
Health Technology4.28%
Consumer Services3.24%
Consumer Durables2.76%
Consumer Non-Durables2.50%
Producer Manufacturing2.36%
Transportation2.06%
Utilities1.83%
Finance1.11%
Commercial Services0.90%
Process Industries0.61%
Communications0.54%
Energy Minerals0.47%
Health Services0.28%
Non-Energy Minerals0.24%
Industrial Services0.19%
Bonds, Cash & Other0.80%
Cash0.56%
Rights & Warrants0.24%
Stock breakdown by region
North America96.73%
Europe2.24%
Latin America0.85%
Asia0.18%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HEQQ invests in stocks. The fund's major sectors are Electronic Technology, with 32.96% stocks, and Technology Services, with 32.18% of the basket. The assets are mostly located in the North America region.
HEQQ top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 10.06% and 9.73% of the portfolio correspondingly.
HEQQ assets under management is 28.91 M USD. It's risen 1.51% over the last month.
HEQQ fund flows account for 1.33 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HEQQ pays dividends to its holders with the dividend yield of 0.11%. The last dividend (Jun 26, 2025) amounted to 0.02 USD. The dividends are paid quarterly.
HEQQ shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on Mar 26, 2025, and its management style is Active.
HEQQ expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
HEQQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HEQQ invests in stocks.
HEQQ trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.