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HECO vs XRT

State Street Galaxy Hedged Digital Asset Ecosystem ETF vs State Street SPDR S&P Retail ETF

HECO

State Street Galaxy Hedged Digital Asset Ecosystem ETF

Annual cost

0.90%

Fund size

$116M

XRT

State Street SPDR S&P Retail ETF

Annual cost

0.35%

Fund size

$693M

Key differences

HECO is an alternative ETF, while XRT is an equity ETF. HECO charges 0.90% a year and XRT 0.35%.

  • HECO is an alternative fund, while XRT is an equity fund. They carry different risk/return profiles.
  • HECO follows a option income strategy; XRT uses index tracking.
  • XRT costs 0.55% less per year.
  • XRT is much larger than HECO. Larger funds are usually more liquid and less likely to close.
  • XRT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HECOXRT
Annual cost (TER)0.90%0.35%
Fund size (AUM)$116M$693M
Since20242006
Dividend yield0.00%0.82%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+117.9%+8.2%
CAGR 3YN/A+14.8%
CAGR 5YN/A-0.9%
Sharpe 3YN/A0.56
Volatility 1Y37.71%20.36%
Max drawdown-43.74%-47.02%

Similar to HECO and XRT