HEQQ: JPMORGAN NASDAQ HEDGED EQUITY LADDERED OVERLAY ETF
What this ETF is trying to do
The JPMORGAN NASDAQ HEDGED EQUITY LADDERED OVERLAY ETF (HEQQ) is an exchange-traded fund. Based on its holdings, it invests in many large companies, with a heavy focus on technology and growth stocks.
What the numbers show
As of October 5, 2026, the share price was $62.81.
There are two ways to look at the returns:
• Price Return: This measures only the change in the share price. The one-year price return was 9.63%, and the year-to-date (YTD) price return was 7.67%.
• Total Return: This reflects the overall return, including distributions. The one-year total return was 9.82%, and the YTD total return was 7.76%.
To put this in perspective, if you had invested $10,000 based on the estimated price from roughly one year ago ($57.29), the price-only increase would have grown that amount to approximately $10,963.
Income and distribution explanation
This ETF usually pays distributions quarterly. Over the last 12 months, it had 4 payouts. The distribution yield is 0.16%.
It is important for new investors to remember that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original money invested (the principal) will stay the same or grow.
NAV Erosion explanation
"NAV erosion" happens when the internal value of a fund drops over time. StockValueFinder uses an erosion-risk score to measure this. HEQQ has an erosion score of 100, and the label states "No price erosion detected." Additionally, the severe erosion-risk flag is false, meaning the fund's price trend did not trigger a warning.
Top Holdings
The fund holds 105 different assets. Because the list is partial, here are the top 10 holdings as of October 7, 2026:
• NVIDIA CORP: 9.2%
• APPLE INC: 7.69%
• MICROSOFT CORP: 6.82%
• ALPHABET INC CLASS C: 5.95%
• MICRON TECHNOLOGY INC: 5.54%
• AMAZON.COM INC: 4.9%
• ADVANCED MICRO DEVICES INC: 3.83%
• WALMART INC: 3.26%
• META PLATFORMS INC CLASS A: 2.98%
• LAM RESEARCH CORP: 2.95%
Pros
• Positive price and total returns over the last year and year-to-date.
• No price erosion detected according to the erosion-risk score.
• Exposure to some of the largest companies in the world.
Cons
• The distribution yield is very low (0.16%).
• The income rating grade is a "C."
Beginner takeaway
HEQQ is a fund that focuses on large companies like NVIDIA and Apple. While it has seen its share price grow over the last year, it provides very little cash income to investors. It currently shows a healthy erosion-risk score, meaning its price has remained stable or grown rather than wasting away.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 9.20% |
| 2 | APPLE INC | AAPL | 7.69% |
| 3 | MICROSOFT CORP | MSFT | 6.82% |
| 4 | ALPHABET INC CLASS C | GOOG | 5.95% |
| 5 | MICRON TECHNOLOGY INC | MU | 5.54% |
| 6 | AMAZON.COM INC | AMZN | 4.90% |
| 7 | ADVANCED MICRO DEVICES INC | AMD | 3.83% |
| 8 | WALMART INC | WMT | 3.26% |
| 9 | META PLATFORMS INC CLASS A | META | 2.98% |
| 10 | LAM RESEARCH CORP | LRCX | 2.95% |