HECO - ETF AI Analysis
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SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Crypto-Linked Leaders
Several of the largest holdings tied to the digital asset ecosystem have shown strong gains this year, helping support the ETF’s overall results.
Focused Sector Exposure
The fund is mainly invested in financial and technology companies, giving targeted exposure to businesses closely connected to digital assets and related infrastructure.
Growing Asset Base
The ETF has built a meaningful level of assets under management, suggesting there is investor interest and liquidity in this strategy.
Negative Factors
High Stock Concentration
A few holdings make up a large share of the portfolio, which increases the impact that any one company’s performance can have on the fund.
Mixed Performance Among Top Holdings
Some major positions have shown weak or negative performance this year, which can drag on the ETF’s returns even when other holdings are doing well.
High Expense Ratio
The fund charges a relatively high fee, which can eat into long-term returns compared with lower-cost ETFs.
HECO vs. SPDR S&P 500 ETF (SPY)
AUM82.50M
RegionGlobal
Expense Ratio0.90%
Beta1.81
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. Volume785
30 Day Avg. Volume380
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
66.62Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering27
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HECO Summary
HECO is the SPDR Galaxy Hedged Digital Asset Ecosystem ETF, focused on companies tied to blockchain and the broader digital asset world rather than tracking a traditional index. It mainly holds U.S. financial and technology firms involved in areas like crypto mining, trading platforms, and digital infrastructure. Well-known names in the fund include Alphabet (Google’s parent company) and TSMC, a major chipmaker. Someone might invest in HECO to seek growth from the long-term rise of blockchain and digital finance while getting diversification across many related companies. However, it is still closely tied to the highly volatile digital asset and crypto market, so prices 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, Cleanspark, and Hut 8 acting as the main engines of recent gains as Bitcoin-linked miners and data centers heat up again. Cipher Mining and TeraWulf are also rising but remain weighed down by shaky finances, so they add more drama than stability. On the tech side, Micron is a bright spot, benefiting from the AI and memory boom, while Datadog, Robinhood, and CrowdStrike have been more mixed, occasionally losing steam. Overall, it’s a globally focused, blockchain-heavy bet with meaningful concentration in a handful of volatile names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Riot Platforms | 13.89% | $11.54M | $7.06B | 139.51% | 68 Neutral | |
| Keel Infrastructure | 9.55% | $7.93M | $1.86B | 219.42% | 46 Neutral | |
| Cipher Mining | 9.12% | $7.58M | $7.37B | 490.91% | 56 Neutral | |
| Cleanspark | 7.55% | $6.27M | $3.26B | 41.62% | 73 Outperform | |
| Hut 8 | 5.45% | $4.53M | $8.54B | 466.25% | ― | |
| Micron | 4.68% | $3.89M | $560.17B | 522.61% | 79 Outperform | |
| TeraWulf Inc | 4.66% | $3.87M | $9.66B | 567.00% | 50 Neutral | |
| Datadog | 4.26% | $3.54M | $45.68B | 27.54% | 69 Neutral | |
| Robinhood | 4.22% | $3.51M | $76.27B | 71.30% | 68 Neutral | |
| CrowdStrike Holdings | 4.13% | $3.43M | $113.65B | 5.47% | 67 Neutral |
HECO Technical Analysis
Positive
―
Price Trends
43.85
Positive
43.65
Positive
41.51
Positive
Market Momentum
2.21
Negative
69.49
Neutral
91.98
Negative
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 45.39, equal to the 50-day MA of 43.85, and equal to the 200-day MA of 41.51, indicating a bullish trend. The MACD of 2.21 indicates Negative momentum. The RSI at 69.49 is Neutral, neither overbought nor oversold. The STOCH value of 91.98 is Negative, 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
50.42
24.87
97.34%
FFND
Future Fund Active ETF
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―
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CSNR
Cohen & Steers Natural Resources Active ETF
―
―
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BLCN
Siren ETF Trust Siren Nasdaq NexGen Economy ETF
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―
―
BCDF
Horizon Kinetics Blockchain Development ETF
―
―
―
DECO
SPDR Galaxy Digital Asset Ecosystem 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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