Screener
SPGM vs HECO
State Street SPDR Portfolio MSCI Global Stock Market ETF vs State Street Galaxy Hedged Digital Asset Ecosystem ETF
Key differences
SPGM is an equity ETF, while HECO is an alternative ETF. SPGM charges 0.09% a year and HECO 0.90%.
- SPGM is an equity fund, while HECO is an alternative fund. They carry different risk/return profiles.
- SPGM follows a index tracking strategy; HECO uses option income.
- SPGM covers global markets; HECO covers North America.
- SPGM costs 0.81% less per year.
- SPGM is much larger than HECO. Larger funds are usually more liquid and less likely to close.
- SPGM has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| SPGM | HECO | |
|---|---|---|
| Annual cost (TER) | 0.09% | 0.90% |
| Fund size (AUM) | $1.7B | $116M |
| Since | 2012 | 2024 |
| Dividend yield | 1.67% | 0.00% |
| Asset class | equity | alternative |
| Region | global | north america |
| Strategy | index tracking | option income |
| CAGR 1Y | +28.1% | +117.9% |
| CAGR 3Y | +21.6% | N/A |
| CAGR 5Y | +11.1% | N/A |
| Sharpe 3Y | 1.18 | N/A |
| Volatility 1Y | 13.27% | 37.71% |
| Max drawdown | -33.97% | -43.74% |
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