MASHINIi

JPMorgan Hedged Equity Laddered Overlay ETF

HELO · J.P. Morgan Exchange-Traded

Is JPMorgan Hedged Equity Laddered Overlay ETF Ethical?

Ethics Rating

Mixed.

Score: -11.0

This fund seeks to hold companies that meet a wide range of ethical criteria, from environmental sustainability and fair labor practices to the avoidance of war and weapons. The portfolio is concentrated in the technology, communications, and financial services sectors, primarily holding some of the largest U.S. companies. Holdings tend to score positively on metrics related to community engagement and demonstrate strong performance on pay equity. However, significant ethical challenges appear across the portfolio, particularly concerning direct and indirect ties to the defense industry. Environmental issues, such as high greenhouse gas emissions, are also common. Data privacy failures and large fines for anti-competitive business practices are also recurring issues.

Mandate Alignment

How well does this fund deliver on what it claims?

-11.0
Planet-Friendly Business-29.1
Honest & Fair Business-15.7
No War, No Weapons-29.7
Fair Pay & Worker Respect2.7
Better Health for All-7.0
Safe & Smart Tech-20.1
Kind to Animals-2.2
Respect for Cultures & Communities8.1
Fair Money & Economic Opportunity-5.0
Fair Trade & Ethical Sourcing-2.7
Zero Waste & Sustainable Products-20.5

Top Holdings

CompanyWeightScoreRating
NVIDIA Corp.NVDA.US8.38%-10.0Mixed
Apple, Inc.AAPL.US6.54%-3.0Mixed
Microsoft Corp.MSFT.US5.93%-5.0Mixed
Amazon.com, Inc.AMZN.US4.35%-25.0Mixed
Alphabet, Inc.GOOGL.US3.39%-29.0Mixed
Meta Platforms, Inc.META.US2.98%-39.0Poor
Broadcom, Inc.AVGO.US2.83%-4.0Mixed
Tesla, Inc.TSLA.US1.95%-14.0Mixed
Exxon Mobil Corp.XOM.US1.78%-20.0Mixed
Mastercard, Inc.MA.US1.47%4.0Mixed
Berkshire Hathaway, Inc.BRK-B.US1.32%-17.0Mixed
Johnson & JohnsonJNJ.US1.28%-4.0Mixed
Eli Lilly & Co.LLY.US1.16%4.0Mixed
AbbVie, Inc.ABBV.US1.14%-5.0Mixed
Wells Fargo & Co.WFC.US1.11%-16.0Mixed
Visa, Inc.V.US1.00%6.0Mixed
PepsiCo, Inc.PEP.US1.00%-25.0Mixed
Bank of America Corp.BAC.US1.00%-20.0Mixed
Charles Schwab Corp. (The)SCHW.US0.96%-6.0Mixed
Lowe's Cos., Inc.LOW.US0.95%-16.0Mixed
Howmet Aerospace, Inc.HWM.US0.94%0.0Mixed
NextEra Energy, Inc.NEE.US0.91%-13.0Mixed
Trane Technologies plcTT.US0.91%-2.0Mixed
Analog Devices, Inc.ADI.US0.87%-15.0Mixed
Micron Technology, Inc.MU.US0.86%-10.0Mixed
RTX Corp.RTX.US0.84%-15.0Mixed
Walmart, Inc.WMT.US0.80%-22.0Mixed
3M Co.MMM.US0.80%-22.0Mixed
Medtronic plcMDT.US0.77%-9.0Mixed
Oracle Corp.ORCL.US0.76%-16.0Mixed
Stryker Corp.SYK.US0.76%-20.0Mixed
Ecolab, Inc.ECL.US0.74%-4.0Mixed
McDonald's Corp.MCD.US0.74%-18.0Mixed
Walt Disney Co. (The)DIS.US0.71%-3.0Mixed
Texas Instruments, Inc.TXN.US0.69%-7.0Mixed
ServiceNow, Inc.NOW.US0.68%-9.0Mixed
Mondelez International, Inc.MDLZ.US0.65%-21.0Mixed
EOG Resources, Inc.EOG.US0.62%-5.0Mixed
Amphenol Corp.APH.US0.61%-16.0Mixed
Arthur J Gallagher & Co.AJG.US0.60%-2.0Mixed
Seagate Technology Holdings plcSTX.US0.59%-10.0Mixed
Deere & Co.DE.US0.59%-14.0Mixed
NXP Semiconductors NVNXPI.US0.59%1.0Mixed
AT&T, Inc.T.US0.57%-24.0Mixed
Bristol-Myers Squibb Co.BMY.US0.56%-18.0Mixed
UnitedHealth Group, Inc.UNH.US0.55%-15.0Mixed
Netflix, Inc.NFLX.US0.55%-8.0Mixed
US BancorpUSB.US0.52%-6.0Mixed
Southern Co. (The)SO.US0.52%-6.0Mixed
Ventas, Inc.VTR.US0.48%-5.0Mixed
Yum! Brands, Inc.YUM.US0.47%-16.0Mixed
Linde plcLIN.US0.47%-8.0Mixed
Lam Research Corp.LRCX.US0.46%-5.0Mixed
Intuit, Inc.INTU.US0.45%-9.0Mixed
TransDigm Group, Inc.TDG.US0.45%-17.0Mixed
Ross Stores, Inc.ROST.US0.45%-5.0Mixed
Danaher Corp.DHR.US0.45%-4.0Mixed
American Express Co.AXP.US0.44%0.0Mixed
Edwards Lifesciences Corp.EW.US0.44%-6.0Mixed
Chipotle Mexican Grill, Inc.CMG.US0.44%-11.0Mixed
CME Group, Inc.CME.US0.42%2.0Mixed
Regeneron Pharmaceuticals, Inc.REGN.US0.42%-8.0Mixed
Eaton Corp. plcETN.US0.42%-9.0Mixed
Palantir Technologies, Inc.PLTR.US0.42%-12.0Mixed
Baker Hughes Co.BKR.US0.41%-17.0Mixed
Leidos Holdings, Inc.LDOS.US0.41%-8.0Mixed
Apollo Global Management, Inc.APO.US0.40%-12.0Mixed
SempraSRE.US0.39%-4.0Mixed
Arista Networks, Inc.ANET.US0.39%-6.0Mixed
Corpay, Inc.CPAY.US0.38%-9.0Mixed
Entergy Corp.ETR.US0.38%-6.0Mixed
Capital One Financial Corp.COF.US0.37%-5.0Mixed
Citigroup, Inc.C.US0.36%-31.0Poor
Vertex Pharmaceuticals, Inc.VRTX.US0.35%-4.0Mixed
Keurig Dr Pepper, Inc.KDP.US0.35%-8.0Mixed
Fifth Third BancorpFITB.US0.35%-10.0Mixed
Cigna Group (The)CI.US0.34%-6.0Mixed
GE Vernova, Inc.GEV.US0.34%-3.0Mixed
Aon plcAON.US0.34%-10.0Mixed
Welltower, Inc.WELL.US0.33%-7.0Mixed
Salesforce, Inc.CRM.US0.33%-3.0Mixed
Equinix, Inc.EQIX.US0.33%-2.0Mixed
FedEx Corp.FDX.US0.32%-4.0Mixed
Carrier Global Corp.CARR.US0.32%-10.0Mixed
Union Pacific Corp.UNP.US0.32%-8.0Mixed
Advanced Micro Devices, Inc.AMD.US0.31%-9.0Mixed
Carnival Corp.CCL.US0.31%-18.0Mixed
Comcast Corp.CMCSA.US0.31%-13.0Mixed
AutoZone, Inc.AZO.US0.29%-19.0Mixed
NIKE, Inc.NKE.US0.28%-9.0Mixed
Emerson Electric Co.EMR.US0.27%-16.0Mixed
SBA Communications Corp.SBAC.US0.26%-7.0Mixed
Expedia Group, Inc.EXPE.US0.26%-3.0Mixed
Truist Financial Corp.TFC.US0.26%-11.0Mixed
Boston Scientific Corp.BSX.US0.25%10.0Mixed
Diamondback Energy, Inc.FANG.US0.25%-3.0Mixed
Cadence Design Systems, Inc.CDNS.US0.25%3.0Mixed
Western Digital Corp.WDC.US0.23%-6.0Mixed
Progressive Corp. (The)PGR.US0.23%-8.0Mixed
PPG Industries, Inc.PPG.US0.22%-18.0Mixed
Booking Holdings, Inc.BKNG.US0.22%-12.0Mixed
Vulcan Materials Co.VMC.US0.21%-17.0Mixed
Humana, Inc.HUM.US0.21%-11.0Mixed
Masco Corp.MAS.US0.19%-4.0Mixed
Martin Marietta Materials, Inc.MLM.US0.19%-15.0Mixed
Chubb Ltd.CB.US0.19%-5.0Mixed
Church & Dwight Co., Inc.CHD.US0.19%-13.0Mixed
McKesson Corp.MCK.US0.19%-15.0Mixed
American Tower Corp.AMT.US0.18%-7.0Mixed
Altria Group, Inc.MO.US0.18%-21.0Mixed
State Street Corp.STT.US0.17%-12.0Mixed
Ameriprise Financial, Inc.AMP.US0.17%-18.0Mixed
EQT Corp.EQT.US0.17%-5.0Mixed
Otis Worldwide Corp.OTIS.US0.17%-5.0Mixed
Textron, Inc.TXT.US0.17%-19.0Mixed
Arch Capital Group Ltd.ACGL.US0.17%-5.0Mixed
Roper Technologies, Inc.ROP.US0.16%-15.0Mixed
Ingersoll Rand, Inc.IR.US0.16%-3.0Mixed
Regions Financial Corp.RF.US0.16%-11.0Mixed
Boeing Co. (The)BA.US0.16%-16.0Mixed
Delta Air Lines, Inc.DAL.US0.16%-3.0Mixed
HCA Healthcare, Inc.HCA.US0.14%-7.0Mixed
AppLovin Corp.APP.US0.13%-13.0Mixed
LPL Financial Holdings, Inc.LPLA.US0.12%-8.0Mixed
DoorDash, Inc.DASH.US0.12%-13.0Mixed
Motorola Solutions, Inc.MSI.US0.11%-1.0Mixed
Omnicom Group, Inc.OMC.US0.11%-3.0Mixed
Merck & Co., Inc.MRK.US0.11%2.0Mixed
Lennar Corp.LEN.US0.09%-28.0Mixed
Waters Corp.WAT.US0.09%-4.0Mixed
Charter Communications, Inc.CHTR.US0.09%-15.0Mixed
United Rentals, Inc.URI.US0.09%0.0Mixed
United Airlines Holdings, Inc.UAL.US0.08%-17.0Mixed
Warner Music Group Corp.WMG.US0.08%-15.0Mixed
Neurocrine Biosciences, Inc.NBIX.US0.07%1.0Mixed
Aptiv plcAPTV.US0.06%-2.0Mixed
Vistra Corp.VST.US0.05%3.0Mixed
NRG Energy, Inc.NRG.US0.05%-19.0Mixed
Dover Corp.DOV.US0.05%3.0Mixed
Dexcom, Inc.DXCM.US0.05%-3.0Mixed
WEX, Inc.WEX.US0.04%-10.0Mixed

Common Questions

How does JPMorgan Hedged Equity Laddered Overlay ETF score in an ethics audit?

JPMorgan Hedged Equity Laddered Overlay ETF received a “Mixed” ethics rating from Mashinii. We audited 145 of the fund's top 149 holdings across 11 ethical dimensions using court filings, investigative reports, and NGO data.

What are the most controversial companies in HELO?

Among the holdings we audited, Meta Platforms, Inc., Citigroup, Inc., Alphabet, Inc. scored lowest in our ethics assessment. These scores are based on court records, regulatory actions, and investigative journalism.

How many companies in HELO have ethical issues?

We audited 145 of 149 top holdings across 11 dimensions. Sign up to see individual company scores and ratings.

How does Mashinii audit JPMorgan Hedged Equity Laddered Overlay ETF?

We identify the fund's top holdings from public filings, then score each company across 11 ethical dimensions — including human rights, environmental damage, corruption, and labour practices. Our data comes from court records, investigative journalism, and NGO reports. Learn more about our methodology.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.