JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA)
JPMorgan International Hedged Equity Laddered Overlay ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $57.08, up 0.04% on the session, giving a market capitalisation of $284.5M. Its beta of 0.32 implies it has historically moved less than the broad market.
This fund aims for capital appreciation by participating in international equity markets. It also implements a hedging strategy to mitigate broad market risk, differentiating it from traditional long-only equity investments. Typically, at least 80% of its total investment capital, which includes net assets and any borrowed funds used for investing, will be allocated to stocks. Its primary focus is on equity securities of non-U.S. companies across all market capitalizations, extending to foreign subsidiaries of U.S.-based firms.
JPMorgan International Hedged Equity Laddered Overlay ETF is most often compared with the following Financial Services names: