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HECO vs IGF

State Street Galaxy Hedged Digital Asset Ecosystem ETF vs iShares Global Infrastructure ETF

HECO

State Street Galaxy Hedged Digital Asset Ecosystem ETF

Annual cost

0.90%

Fund size

$116M

IGF

iShares Global Infrastructure ETF

Annual cost

0.39%

Fund size

$10.6B

Key differences

HECO is an alternative ETF, while IGF is an equity ETF. HECO charges 0.90% a year and IGF 0.39%.

  • HECO is an alternative fund, while IGF is an equity fund. They carry different risk/return profiles.
  • HECO follows a option income strategy; IGF uses index tracking.
  • HECO covers North America; IGF covers global markets.
  • IGF costs 0.51% less per year.
  • IGF is much larger than HECO. Larger funds are usually more liquid and less likely to close.
  • IGF has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HECOIGF
Annual cost (TER)0.90%0.39%
Fund size (AUM)$116M$10.6B
Since20242007
Dividend yield0.00%2.97%
Asset classalternativeequity
Regionnorth americaglobal
Strategyoption incomeindex tracking
CAGR 1Y+117.9%+15.6%
CAGR 3YN/A+16.4%
CAGR 5YN/A+10.3%
Sharpe 3YN/A0.97
Volatility 1Y37.71%10.52%
Max drawdown-43.74%-42.11%

Similar to HECO and IGF