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SPYG vs HECO

State Street SPDR Portfolio S&P 500 Growth ETF vs State Street Galaxy Hedged Digital Asset Ecosystem ETF

SPYG

State Street SPDR Portfolio S&P 500 Growth ETF

Annual cost

0.04%

Fund size

$53.9B

HECO

State Street Galaxy Hedged Digital Asset Ecosystem ETF

Annual cost

0.90%

Fund size

$116M

Key differences

SPYG is an equity ETF, while HECO is an alternative ETF. SPYG charges 0.04% a year and HECO 0.90%.

  • SPYG is an equity fund, while HECO is an alternative fund. They carry different risk/return profiles.
  • SPYG follows a index tracking strategy; HECO uses option income.
  • SPYG costs 0.86% less per year.
  • SPYG is much larger than HECO. Larger funds are usually more liquid and less likely to close.
  • SPYG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SPYGHECO
Annual cost (TER)0.04%0.90%
Fund size (AUM)$53.9B$116M
Since20002024
Dividend yield0.46%0.00%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+28.5%+117.9%
CAGR 3Y+27.5%N/A
CAGR 5Y+15.2%N/A
Sharpe 3Y1.18N/A
Volatility 1Y16.53%37.71%
Max drawdown-32.67%-43.74%

Similar to SPYG and HECO