US Hedged Equity Laddered Overlay Active UCITS ETF · IE000VAZZYM3 · HELO · snapshots compared: 21 Aug → 1 September 2026
In brief: 5 holdings added and 4 removed from the basket · 1 weight change beyond ±0.25 points · monthly return +0.6% · costs and key facts unchanged.
Basket — holdings added (5)
| Holding | Weight on entry |
|---|
| P/O CBOE S P 500 C NOV 7275.00 | 0.44% |
| SNOWFLAKE INC | 0.20% |
| CUMMINS INC | 0.05% |
| P/O CBOE S P 500 C NOV 6140.00 | <0.01% |
| C/O CBOE S P 500 C NOV 8080.00 | <0.01% |
Basket — holdings removed (4)
| Holding | Weight on exit |
|---|
| SPACE EXPLORATION TECHN-CL A | 0.06% |
| P/O CBOE S P 500 C AUG 7175.00 | 0.01% |
| P/O CBOE S P 500 C AUG 6050.00 | <0.01% |
| C/O CBOE S P 500 C AUG 7990.00 | <0.01% |
Holdings compared (excluding cash instruments): 162 → 163.
Holding weights
| Holding | from | to |
|---|
| APPLE INC | 6.46% | 6.80% |
Top 10 — before and after
| Holding | 31 Jul | 1 Sept |
|---|
| NVIDIA CORP (enters top 10) | — | 8.37% |
| APPLE INC (enters top 10) | — | 6.80% |
| MICROSOFT CORP (enters top 10) | — | 6.20% |
| AMAZON.COM INC (enters top 10) | — | 4.26% |
| ALPHABET INC-CL A (enters top 10) | — | 3.01% |
| BROADCOM INC (enters top 10) | — | 2.82% |
| ALPHABET INC-CL C (enters top 10) | — | 2.16% |
| META PLATFORMS INC-CLASS A (enters top 10) | — | 1.99% |
| MICRON TECHNOLOGY INC (enters top 10) | — | 1.70% |
| JOHNSON & JOHNSON (enters top 10) | — | 1.42% |
| Nvidia (leaves the top 10) | 7.90% | — |
| Apple (leaves the top 10) | 6.40% | — |
| Alphabet (leaves the top 10) | 5.70% | — |
| Microsoft (leaves the top 10) | 4.70% | — |
| Amazon.com (leaves the top 10) | 4.10% | — |
| Broadcom (leaves the top 10) | 2.90% | — |
| Micron Technology (leaves the top 10) | 2.00% | — |
| Meta (leaves the top 10) | 1.50% | — |
| Tesla (leaves the top 10) | 1.50% | — |
| Advanced Micro Devices (leaves the top 10) | 1.50% | — |
Combined top-10 weight: 38.2% → 38.7%.
Countries
| Country | 31 Jul | 1 Sept |
|---|
| United States | 0.0% | 95.3% |
| Ireland | 0.0% | 3.7% |
| Netherlands | 0.0% | 0.5% |
The three countries that moved the most between the two snapshots.
Monthly return
+0.6% in USD (NAV 26.34 → 26.5, 31 Aug → 3 Sept). Accumulating fund: no distributions.
Costs and key facts
| TER | 0.50% — unchanged |
| Transaction costs (KID) | 0.15% — unchanged |
| Index, name, policy | no change in the period |
Issuer-declared basket snapshots, compared by Rebalix. Each section states its own dates: the basket comparison uses the issuer file dates; top 10 and breakdowns the dates of the two archived snapshots. Weight changes are shown above ±0.25 points (the archive records them from ±0.1). We record the past: nothing on this page is a recommendation.