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ITOT vs HECO

iShares Core S&P Total U.S. Stock Market ETF vs State Street Galaxy Hedged Digital Asset Ecosystem ETF

ITOT

iShares Core S&P Total U.S. Stock Market ETF

Annual cost

0.03%

Fund size

$93.4B

HECO

State Street Galaxy Hedged Digital Asset Ecosystem ETF

Annual cost

0.90%

Fund size

$116M

Key differences

ITOT is an equity ETF, while HECO is an alternative ETF. ITOT charges 0.03% a year and HECO 0.90%.

  • ITOT is an equity fund, while HECO is an alternative fund. They carry different risk/return profiles.
  • ITOT follows a index tracking strategy; HECO uses option income.
  • ITOT costs 0.87% less per year.
  • ITOT is much larger than HECO. Larger funds are usually more liquid and less likely to close.
  • ITOT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ITOTHECO
Annual cost (TER)0.03%0.90%
Fund size (AUM)$93.4B$116M
Since20042024
Dividend yield0.98%0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+25.3%+117.9%
CAGR 3Y+22.2%N/A
CAGR 5Y+12.3%N/A
Sharpe 3Y1.16N/A
Volatility 1Y12.51%37.71%
Max drawdown-35.00%-43.74%

Similar to ITOT and HECO