Skip to content
Beacon
Screener

HECO vs IWM

State Street Galaxy Hedged Digital Asset Ecosystem ETF vs iShares Russell 2000 ETF

HECO

State Street Galaxy Hedged Digital Asset Ecosystem ETF

Annual cost

0.90%

Fund size

$116M

IWM

iShares Russell 2000 ETF

Annual cost

0.19%

Fund size

$80.9B

Key differences

HECO is an alternative ETF, while IWM is an equity ETF. HECO charges 0.90% a year and IWM 0.19%.

  • HECO is an alternative fund, while IWM is an equity fund. They carry different risk/return profiles.
  • HECO follows a option income strategy; IWM uses index tracking.
  • IWM costs 0.71% less per year.
  • IWM is much larger than HECO. Larger funds are usually more liquid and less likely to close.
  • IWM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HECOIWM
Annual cost (TER)0.90%0.19%
Fund size (AUM)$116M$80.9B
Since20242000
Dividend yield0.00%0.87%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+117.9%+36.6%
CAGR 3YN/A+18.9%
CAGR 5YN/A+5.8%
Sharpe 3YN/A0.75
Volatility 1Y37.71%19.54%
Max drawdown-43.74%-41.13%

Similar to HECO and IWM