Screener
HECO vs IWB
State Street Galaxy Hedged Digital Asset Ecosystem ETF vs iShares Russell 1000 ETF
Key differences
HECO is an alternative ETF, while IWB is an equity ETF. HECO charges 0.90% a year and IWB 0.15%.
- HECO is an alternative fund, while IWB is an equity fund. They carry different risk/return profiles.
- HECO follows a option income strategy; IWB uses index tracking.
- IWB costs 0.75% less per year.
- IWB is much larger than HECO. Larger funds are usually more liquid and less likely to close.
- IWB has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HECO | IWB | |
|---|---|---|
| Annual cost (TER) | 0.90% | 0.15% |
| Fund size (AUM) | $116M | $48.9B |
| Since | 2024 | 2000 |
| Dividend yield | 0.00% | 0.91% |
| Asset class | alternative | equity |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +117.9% | +24.3% |
| CAGR 3Y | N/A | +22.2% |
| CAGR 5Y | N/A | +12.6% |
| Sharpe 3Y | N/A | 1.17 |
| Volatility 1Y | 37.71% | 12.22% |
| Max drawdown | -43.74% | -34.60% |
Similar to HECO and IWB
Explore further