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DECO vs KBE

State Street Galaxy Digital Asset Ecosystem ETF vs State Street SPDR S&P Bank ETF

DECO

State Street Galaxy Digital Asset Ecosystem ETF

Annual cost

0.65%

Fund size

$23M

KBE

State Street SPDR S&P Bank ETF

Annual cost

0.35%

Fund size

$1.4B

Key differences

DECO is an alternative ETF, while KBE is an equity ETF. DECO charges 0.65% a year and KBE 0.35%.

  • DECO is an alternative fund, while KBE is an equity fund. They carry different risk/return profiles.
  • DECO follows a structured outcome strategy; KBE uses index tracking.
  • KBE costs 0.30% less per year.
  • KBE is much larger than DECO. Larger funds are usually more liquid and less likely to close.
  • KBE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

DECOKBE
Annual cost (TER)0.65%0.35%
Fund size (AUM)$23M$1.4B
Since20242005
Dividend yield0.67%2.33%
Asset classalternativeequity
Regionnorth america
Strategystructured outcomeindex tracking
CAGR 1Y+139.8%+24.1%
CAGR 3YN/A+27.0%
CAGR 5YN/A+6.0%
Sharpe 3YN/A0.91
Volatility 1Y45.00%21.74%
Max drawdown-47.71%-53.14%

Similar to DECO and KBE