Screener
HECO vs IWL
State Street Galaxy Hedged Digital Asset Ecosystem ETF vs iShares Russell Top 200 ETF
Key differences
HECO is an alternative ETF, while IWL is an equity ETF. HECO charges 0.90% a year and IWL 0.15%.
- HECO is an alternative fund, while IWL is an equity fund. They carry different risk/return profiles.
- HECO follows a option income strategy; IWL uses index tracking.
- IWL costs 0.75% less per year.
- IWL is much larger than HECO. Larger funds are usually more liquid and less likely to close.
- IWL has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HECO | IWL | |
|---|---|---|
| Annual cost (TER) | 0.90% | 0.15% |
| Fund size (AUM) | $116M | $2.2B |
| Since | 2024 | 2009 |
| Dividend yield | 0.00% | 0.82% |
| Asset class | alternative | equity |
| Region | north america | north america |
| Strategy | option income | index tracking |
| CAGR 1Y | +117.9% | +25.4% |
| CAGR 3Y | N/A | +23.4% |
| CAGR 5Y | N/A | +14.2% |
| Sharpe 3Y | N/A | 1.22 |
| Volatility 1Y | 37.71% | 12.52% |
| Max drawdown | -43.74% | -32.71% |
Similar to HECO and IWL
Explore further