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TEKX vs HECO

State Street Galaxy Transformative Tech Accelerators ETF vs State Street Galaxy Hedged Digital Asset Ecosystem ETF

TEKX

State Street Galaxy Transformative Tech Accelerators ETF

Annual cost

0.65%

Fund size

$12M

HECO

State Street Galaxy Hedged Digital Asset Ecosystem ETF

Annual cost

0.90%

Fund size

$116M

Key differences

TEKX is an equity ETF, while HECO is an alternative ETF. TEKX charges 0.65% a year and HECO 0.90%.

  • TEKX is an equity fund, while HECO is an alternative fund. They carry different risk/return profiles.
  • TEKX follows a active selection strategy; HECO uses option income.
  • TEKX costs 0.25% less per year.
  • HECO is much larger than TEKX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

TEKXHECO
Annual cost (TER)0.65%0.90%
Fund size (AUM)$12M$116M
Since20242024
Dividend yield0.21%0.00%
Asset classequityalternative
Regionnorth america
Strategyactive selectionoption income
CAGR 1Y+136.6%+117.9%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y38.09%37.71%
Max drawdown-45.57%-43.74%

Similar to TEKX and HECO