HECO - ETF AI Analysis
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SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO)
Rating:63Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, suggesting its strategy has worked well in the recent market environment.
High-Performing Top Holdings
Several of the largest positions, including Riot Platforms, Keel Infrastructure, and Cleanspark, have shown strong performance, helping drive the fund’s overall returns.
Focused Exposure to Financial and Technology Sectors
The fund’s heavy tilt toward financial and technology companies gives investors targeted access to areas closely tied to the digital asset ecosystem.
Negative Factors
High Expense Ratio
The ETF charges relatively high fees, which can eat into investor returns over time compared with lower-cost alternatives.
Concentrated Top Holdings
A small group of stocks makes up a large portion of the portfolio, increasing the risk that weakness in any one of these names could significantly hurt performance.
Short-Term Performance Weakness
Recent one-month and three-month results have been weak, indicating the fund can be sensitive to short-term market swings in the digital asset space.
HECO vs. SPDR S&P 500 ETF (SPY)
AUM76.20M
RegionGlobal
Expense Ratio0.90%
Beta1.75
IssuerState Street
Inception DateSep 09, 2024
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume118
30 Day Avg. Volume471
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
102.90Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering30
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HECO Summary
HECO is the SPDR Galaxy Hedged Digital Asset Ecosystem ETF, focused on the blockchain theme rather than a traditional stock index. It invests mainly in U.S. financial and technology companies tied to digital assets and blockchain infrastructure, such as Microsoft and Nvidia, along with crypto-related firms like Riot Platforms and Robinhood. Someone might invest in HECO to get growth exposure to the expanding world of digital finance and blockchain in a single, diversified fund. However, it is heavily tied to the volatile digital asset and tech sectors, so its price can move up and down sharply with market and crypto-related swings.
How much will it cost me?The SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) has an expense ratio of 0.9%, which means you’ll pay $9 per year for every $1,000 invested. This is higher than average because it is actively managed and focuses on a niche area like blockchain and digital assets, which typically involves more research and specialized management.
What would affect this ETF?HECO could benefit from the growing adoption of blockchain technology across industries, as well as increased interest in digital assets and cryptocurrency infrastructure. However, it may face challenges from regulatory scrutiny in the digital asset space, as well as potential volatility in the financial and technology sectors, which make up a significant portion of its holdings. Global economic conditions and interest rate changes could also impact the performance of companies within its portfolio.
HECO Top 10 Holdings
HECO is heavily tilted toward the crypto and blockchain ecosystem, with Riot Platforms, Cleanspark, and Cipher Digital acting as the high-voltage wires of the portfolio—though lately they’ve been flickering, with several miners lagging after earlier strength this year. Applied Digital has also been a weak link, adding extra drag. Balancing that volatility, Big Tech names like Microsoft and Nvidia, along with a steady hand from JPMorgan, have been rising and helping to smooth the ride. Overall, it’s a globally focused, crypto-centric fund with a few blue-chip stabilizers.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Riot Platforms | 12.40% | $9.47M | $6.34B | -19.63% | 68 Neutral | |
| Keel Infrastructure | 9.04% | $6.90M | $1.88B | -27.38% | 46 Neutral | |
| Cleanspark | 6.97% | $5.33M | $2.70B | -45.56% | 73 Outperform | |
| Microsoft | 6.43% | $4.91M | $3.97T | 4.72% | 79 Outperform | |
| Nvidia | 5.78% | $4.42M | $5.53T | 25.18% | 76 Outperform | |
| Cipher Digital | 5.59% | $4.27M | $5.61B | -20.33% | 56 Neutral | |
| JPMorgan Chase | 4.52% | $3.45M | $885.15B | 10.67% | 72 Outperform | |
| Robinhood | 4.16% | $3.18M | $98.02B | -21.54% | 68 Neutral | |
| Applied Digital Corporation | 4.14% | $3.16M | $7.16B | -30.33% | 54 Neutral | |
| CrowdStrike Holdings | 3.20% | $2.45M | $281.62B | 122.86% | 67 Neutral |
HECO Technical Analysis
Negative
―
Price Trends
64.03
Negative
64.77
Negative
55.16
Positive
Market Momentum
-0.85
Positive
37.26
Neutral
0.71
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HECO, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 64.64, equal to the 50-day MA of 64.03, and equal to the 200-day MA of 55.16, indicating a neutral trend. The MACD of -0.85 indicates Positive momentum. The RSI at 37.26 is Neutral, neither overbought nor oversold. The STOCH value of 0.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HECO.
HECO Peer Comparison
Comparison Results
Performance Comparison
HECO
SPDR Galaxy Hedged Digital Asset Ecosystem ETF
59.70
13.55
29.36%
BLDX
Impax Global Infrastructure ETF
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FFND
Future Fund Active ETF
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BCDF
Horizon Kinetics Blockchain Development ETF
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DECO
SPDR Galaxy Digital Asset Ecosystem ETF
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BLCK
Corgi Crypto Infrastructure ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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