HECO - ETF AI Analysis
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SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and over the last few months, showing solid recent momentum.
Leading Growth-Oriented Holdings
Many of the top positions, including several technology and digital-asset-related companies, have shown strong year-to-date performance, helping drive returns.
Focused Exposure to Tech and Financial Innovation
The fund concentrates on technology and financial companies tied to the digital asset ecosystem, giving investors targeted exposure to a fast-growing niche.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee, which can eat into long-term returns compared with lower-cost funds.
Concentrated Top Holdings
A small number of stocks make up a large share of the portfolio, increasing the impact if any of these companies perform poorly.
Heavy U.S. and Sector Concentration
With most assets in U.S. companies and heavily tilted toward technology and financials, the fund is vulnerable if these areas face a downturn.
HECO vs. SPDR S&P 500 ETF (SPY)
AUM81.92M
RegionGlobal
Expense Ratio0.90%
Beta1.78
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. Volume308
30 Day Avg. Volume6,832
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
104.38Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering30
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HECO Summary
The SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO) focuses on the blockchain theme rather than tracking a traditional stock index. It invests mainly in U.S. technology and financial companies that support digital assets, such as crypto miners, trading platforms, and related tech. Well-known holdings include Nvidia and Palo Alto Networks. Someone might invest in HECO to seek growth from the expanding use of blockchain and digital finance, while the fund’s hedged approach aims to smooth some of the ups and downs. A key risk is that it is heavily tied to the volatile digital asset and tech sectors, so its price can swing sharply.
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 riding the crypto infrastructure wave, with Riot Platforms and Cleanspark acting as key engines of growth thanks to their rising momentum in Bitcoin mining and data centers. Cipher Mining and CrowdStrike add more tech firepower, with both showing strong recent runs that help offset some bumps. On the flip side, Applied Digital and TeraWulf are lagging, occasionally throwing sand in the fund’s gears. The ETF leans heavily into tech and financial names tied to blockchain, with a global footprint but a clear tilt toward U.S.-listed digital asset players.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Riot Platforms | 13.27% | $10.80M | $7.14B | 67.83% | 68 Neutral | |
| Keel Infrastructure | 8.91% | $7.26M | $2.17B | 178.57% | 46 Neutral | |
| Cleanspark | 7.09% | $5.77M | $3.10B | 24.00% | 73 Outperform | |
| Microsoft | 5.74% | $4.67M | $3.68T | -4.76% | 79 Outperform | |
| Cipher Mining | 5.57% | $4.53M | $7.41B | 242.71% | 56 Neutral | |
| Nvidia | 5.30% | $4.32M | $5.45T | 24.78% | 76 Outperform | |
| Applied Digital Corporation | 4.99% | $4.06M | $9.09B | 121.43% | 54 Neutral | |
| JPMorgan Chase | 4.65% | $3.78M | $964.50B | 24.91% | 72 Outperform | |
| CrowdStrike Holdings | 4.33% | $3.52M | $220.91B | 102.80% | 67 Neutral | |
| Palo Alto Networks | 3.95% | $3.21M | $313.18B | 116.99% | 73 Outperform |
HECO Technical Analysis
Positive
―
Price Trends
65.63
Negative
59.02
Positive
51.13
Positive
Market Momentum
-0.30
Negative
52.12
Neutral
47.02
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HECO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 64.71, equal to the 50-day MA of 65.63, and equal to the 200-day MA of 51.13, indicating a neutral trend. The MACD of -0.30 indicates Negative momentum. The RSI at 52.12 is Neutral, neither overbought nor oversold. The STOCH value of 47.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HECO.
HECO Peer Comparison
Comparison Results
Performance Comparison
HECO
SPDR Galaxy Hedged Digital Asset Ecosystem ETF
65.42
31.36
92.07%
CSNR
Cohen & Steers Natural Resources Active ETF
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IQM
Franklin Intelligent Machines 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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