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DECO vs PAVE

State Street Galaxy Digital Asset Ecosystem ETF vs Global X U.S. Infrastructure Development ETF

DECO

State Street Galaxy Digital Asset Ecosystem ETF

Annual cost

0.65%

Fund size

$23M

PAVE

Global X U.S. Infrastructure Development ETF

Annual cost

0.47%

Fund size

$13.5B

Key differences

DECO is an alternative ETF, while PAVE is an equity ETF. DECO charges 0.65% a year and PAVE 0.47%.

  • DECO is an alternative fund, while PAVE is an equity fund. They carry different risk/return profiles.
  • DECO follows a structured outcome strategy; PAVE uses index tracking.
  • PAVE costs 0.18% less per year.
  • PAVE is much larger than DECO. Larger funds are usually more liquid and less likely to close.
  • PAVE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

DECOPAVE
Annual cost (TER)0.65%0.47%
Fund size (AUM)$23M$13.5B
Since20242017
Dividend yield0.67%0.78%
Asset classalternativeequity
Regionnorth america
Strategystructured outcomeindex tracking
CAGR 1Y+139.8%+35.7%
CAGR 3YN/A+28.5%
CAGR 5YN/A+17.3%
Sharpe 3YN/A1.16
Volatility 1Y45.00%18.88%
Max drawdown-47.71%-44.08%

Similar to DECO and PAVE