ETF · JPMorgan
HEQD Nasdaq Hedged Equity Laddered Overlay Active UCITS ETF Dist
ISIN IE0006UQKVQ0London Stock Exchange: HEQDJPMorgan Chase & Co.
Latest close
LSE$25.58
on
- Ongoing charge
- 0.65% a year
- Fund size
- £6.8m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, HEQD (Nasdaq Hedged Equity Laddered Overlay Active UCITS ETF Dist, ISIN IE0006UQKVQ0) closed at $25.58 on the London Stock Exchange. Its ongoing charge is 0.65% a year (about £65 on £10,000). Over the year to 13/11/2026 its total return was +4.3%, or +0.6% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +4.3%
- +0.6% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of JPMorgan ETFs Ireland ICAV - Nasdaq Hedged Equity Laddered Overlay Active UCITS ETF Dist in pounds (price only, income paid out not included): 2026 to 13/11/2026 +5.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +5.2% | +1.9% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
10.5%over 1 year
Annualised from weekly returns. Higher means bumpier.
In words: Volatility of JPMorgan ETFs Ireland ICAV - Nasdaq Hedged Equity Laddered Overlay Active UCITS ETF Dist in pounds, annualised from weekly returns to 13/11/2026: 10.5% over 1 year.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.65%
- a year
- On £10,000
- £65
- a year, roughly
- Over five years
- £321
- of £10,000, before growth
- 242 charge less
- 7 the same
- 5 charge more
Ongoing charge of JPMorgan ETFs Ireland ICAV - Nasdaq Hedged Equity Laddered Overlay Active UCITS ETF Dist 0.65% a year. Compared on 14/11/2026, 5 of the 254 other US share funds charge more, 7 the same and 242 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
JPMorgan ETFs Ireland ICAV - Nasdaq Hedged Equity Laddered Overlay Active UCITS ETF Dist is an exchange-traded fund (ETF) from JPMorgan, launched in 2025.
It tracks the No Underlying Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.65% a year — about £65 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
US shares: American companies, including the S&P 500 and Nasdaq-100 — the largest stock market in the world.
Key facts
- Ticker
- HEQD
- ISIN
- IE0006UQKVQ0
- Provider
- JPMorgan
- Tracks
- No index — the manager chooses the holdings
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.65% a year · about £65 on £10,000
- Fund size
- £6.8m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- USD
- Category
- US shares
Price chart
Over the last year, the closing price went from $24.56 on 14/11/2025 to $25.58 on 13/11/2026 (+4.2%). The lowest close shown was $23.60 on 27/03/2026 and the highest $26.90 on 09/10/2026.
One close a week. Before 28/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
51 weekly closes, from 17/10/2025 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 95
- 104 reported in all
- Ten largest
- 50.3%
- of the whole fund
- Effective number of holdings
- 29
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.3%
- Apple
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | AppleAAPLUnited States | 8.34% |
| 2 | MicrosoftMSFTUnited States | 6.49% |
| 3 | NVIDIANVDAUnited States | 6.43% |
| 4 | Alphabet · Class CGOOGLUnited States | 4.96% |
| 5 | AmazonAMZNUnited States | 4.88% |
| 6 | Cash and Cash EquivalentUnited States | 4.72% |
| 7 | Micron TechnologyMUUnited States | 4.39% |
| 8 | Advanced Micro DevicesAMDUnited States | 4.21% |
| 9 | Meta Platforms · Class AMETAUnited States | 3.21% |
| 10 | TeslaTSLAUnited States | 2.70% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Information Technology60.5%
- Communication Services14.4%
- Consumer Discretionary9.4%
- Consumer Staples5.4%
- Health Care4.4%
- Industrials2.8%
- Utilities1.3%
- Financials0.8%
- Other sectors1.4%
By country
- United States93.1%
- Ireland2.1%
- Netherlands1.8%
- Canada0.6%
- United Kingdom0.2%
- China0.1%
By type of asset
- Equity93.2%
- Cash and money market4.7%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 95 largest and what changed since .
More of the portfolio
The fund publishes 104 holdings; the ten largest make up 50.3% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free account
Create a free account to see the risk ratios
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1 year among up to 192 US share funds, not currency-hedged, highest first.
Pro
Pro — currently by invitation
Pro includes the rank among similar funds
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of HEQD?
The ongoing charge of HEQD is 0.65% a year — about £65 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of JPMorgan ETFs Ireland ICAV - Nasdaq Hedged Equity Laddered Overlay Active UCITS ETF Dist 0.65% a year. Compared on 14/11/2026, 5 of the 254 other US share funds charge more, 7 the same and 242 less (share classes counted once).
Is HEQD accumulating or distributing?
HEQD is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of HEQD?
The ISIN of HEQD is IE0006UQKVQ0. An ISIN identifies one exact share class of a fund; HEQD is its ticker on the London Stock Exchange.
What does HEQD hold?
As of 13/11/2026, HEQD holds 104 positions, according to its published holdings. The largest is Apple at 8.34% of the fund; the ten largest make up 50.3%. Its ten largest holdings are Apple (8.34%), Microsoft (6.49%), NVIDIA (6.43%), Alphabet · Class C (4.96%), Amazon (4.88%), Cash and Cash Equivalent (4.72%), Micron Technology (4.39%), Advanced Micro Devices (4.21%), Meta Platforms · Class A (3.21%) and Tesla (2.70%).
What were HEQD’s returns in each of the last five years?
Calendar-year returns of HEQD in pounds (price only, income paid out not included): 2026 to 13/11/2026 +5.2%. Past performance is not a guide to future returns.
How has HEQD done after inflation?
Over the year to 13/11/2026 HEQD’s total return was +4.3%, or +0.6% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at J.P. Morgan Asset Management · Key investor information document (KIID) (links checked )
Methodology:ReturnsCategoriesAll methods
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