State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO) belongs to the Blockchain category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HECO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HECO
HECO charges 0.90% annually. There are 32 ETFs in the Blockchain category with lower expense ratios, going as low as 0.21%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| 21Shares Solana ETF | 0.21% | 2.60M | Nov 2025 | HECO vs TSOL | |
| Invesco Galaxy Solana ETF | 0.25% | — | Dec 2025 | HECO vs QSOL | |
| 21Shares XRP ETF | 0.30% | 153.97M | Dec 2025 | HECO vs TOXR | |
| Schwab Crypto Thematic ETF | 0.30% | 304.90M | Aug 2022 | HECO vs STCE | |
| VanEck Solana ETF | 0.30% | 13.08M | Oct 2025 | HECO vs VSOL |
Best Risk-Adjusted Alternatives to HECO
HECO has a PortfoliosLab risk / return rank of 92. No ETFs in the Blockchain category have higher risk-adjusted ranks; the top alternatives shown here go as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Galaxy Digital Asset Ecosystem ETF | 91 | 22.65M | Sep 2024 | HECO vs DECO | |
| First Trust Indxx Innovative Transaction & Process... | 53 | 131.96M | Jan 2018 | HECO vs LEGR | |
| Grayscale Bitcoin Miners ETF | 47 | 20.37M | Jan 2025 | HECO vs MNRS | |
| VanEck Onchain Economy ETF | 39 | — | May 2025 | HECO vs NODE | |
| Global X Blockchain ETF | 34 | 332.22M | Jul 2021 | HECO vs BKCH |
Top Performing HECO Alternatives (YTD)
HECO is at 72.76% YTD. There are 3 ETFs in the Blockchain category with higher YTD returns, going as high as 201.60%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Tradr 2X Long CORZ Daily ETF | 201.60% | — | Nov 2025 | HECO vs COZX | |
| T-REX 2X Long CIFR Daily Target ETF | 94.41% | 21.30M | Nov 2025 | HECO vs CIFU | |
| State Street Galaxy Digital Asset Ecosystem ETF | 79.33% | 22.65M | Sep 2024 | HECO vs DECO | |
| Grayscale Bitcoin Miners ETF | 58.97% | 20.37M | Jan 2025 | HECO vs MNRS | |
| Bitwise Crypto Industry Innovators ETF | 34.62% | 465.20M | May 2021 | HECO vs BITQ |
Lowest Volatility Alternatives to HECO
HECO has 37.49% 1-year volatility. There are 7 ETFs in the Blockchain category with lower 1-year volatility, going as low as 14.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | 14.54% | 131.96M | Jan 2018 | HECO vs LEGR | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 17.78% | — | Feb 2025 | HECO vs CBXJ | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 27.04% | — | Feb 2025 | HECO vs CBTJ | |
| Innovator Uncapped Bitcoin 20 Floor ETF - Quarterl... | 27.20% | — | Feb 2025 | HECO vs QBF | |
| Fortuna Hedged Bitcoin ETF | 28.29% | — | Mar 2025 | HECO vs HBTC |
Lowest Drawdown Alternatives to HECO
HECO has a 1-year max drawdown of -21.03%. There is 1 ETF in the Blockchain category with a shallower 1-year drawdown, going as shallow as -10.40%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Indxx Innovative Transaction & Process... | -10.40% | 131.96M | Jan 2018 | HECO vs LEGR | |
| State Street Galaxy Digital Asset Ecosystem ETF | -25.60% | 22.65M | Sep 2024 | HECO vs DECO | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | -29.25% | — | Feb 2025 | HECO vs CBXJ | |
| Siren ETF Trust Siren Nasdaq NexGen Economy ETF | -29.53% | 38.44M | Jan 2018 | HECO vs BLCN | |
| VanEck Onchain Economy ETF | -35.35% | — | May 2025 | HECO vs NODE |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $765B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 59 | 8.15% | 765.27B | Jan 1993 | HECO vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 22 | -4.79% | 138.96B | Nov 2004 | HECO vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 66 | 28.25% | 130.33B | Dec 1998 | HECO vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 45 | 8.70% | 52.13B | Sep 2000 | HECO vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 47 | 12.56% | 7.30B | Oct 2015 | HECO vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 42 | 23.49% | 36.84B | Dec 1998 | HECO vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 22 | -4.72% | 28.75B | Jun 2018 | HECO vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 59 | 8.21% | 148.87B | Nov 2005 | HECO vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 27 | 6.99% | 22.62B | Dec 1998 | HECO vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.67% | 46.54B | May 2007 | HECO vs BIL |
Often Compared With HECO
Investors most often compare HECO with HEDG, SOLT, ARKF. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare HECO with Any Fund or Stock
Compare HECO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HECO with funds that move differently
State Street Galaxy Hedged Digital Asset Ecosystem ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HECO.
Explore HECO Diversifiers