State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO)
| Assets | $85.35M |
| Expense Ratio | 0.90% |
| PE Ratio | 29.77 |
| Shares Out | 1.28M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 724 |
| Open | 67.67 |
| Previous Close | 68.48 |
| Day's Range | 67.00 - 67.67 |
| 52-Week Low | 29.99 |
| 52-Week High | 71.01 |
| Beta | n/a |
| Holdings | 67 |
| Inception Date | Sep 9, 2024 |
About HECO
Fund Home PageThe State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, seeking long-term capital appreciation by investing in companies positioned to capitalize on opportunities within the blockchain and crypto industries, while also gaining crypto exposure through ETFs and futures contracts. The fund also uses an options overlay strategy. HECO was launched on Sep 9, 2024 and is issued by State Street.
Top 10 Holdings
55.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Riot Platforms, Inc. | RIOT | 8.88% |
| Cipher Digital Inc. | CIFR | 7.91% |
| Keel Infrastructure Corp. | KEEL | 7.17% |
| CleanSpark, Inc. | CLSK | 5.18% |
| Robinhood Markets, Inc. | HOOD | 4.81% |
| JPMorgan Chase & Co. | JPM | 4.52% |
| Citigroup Inc. | C | 4.31% |
| NVIDIA Corporation | NVDA | 4.28% |
| CME Group Inc. | CME | 4.04% |
| Microsoft Corporation | MSFT | 4.01% |
Performance
HECO had a total return of 131.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 76.29%.
News
Crypto ETFs: Blockchain Equities Reemerge
Crypto equity ETFs (or blockchain ETFs) were once one of the main ways to access the crypto theme in an ETF wrapper. That changed after the January 2024 approval of spot bitcoin ETPs, which gave inves...