HECO vs VTI
State Street Galaxy Hedged Digital Asset Ecosystem ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, HECO or VTI?
Multi Alternative against Large Cap Blend.
VTI has a lower expense ratio. HECO led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 63.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HECO | VTI |
|---|---|---|
| Expense Ratio | 0.90% | 0.03%Best |
| AUM | $76M | $666.9B |
| Dividend Yield | 0.00% | 1.03% |
| Holdings | 55 | 3,543 |
| YTD Return | +44.31%Best | +11.53% |
| 1Y Return | +56.32%Best | +15.74% |
| 3Y Return (annualized) | - | +20.67% |
| 5Y Return (annualized) | - | +11.59% |
| Volatility (annualized) | 49.3% | 13.1%Best |
| Max Drawdown | -44.6% | -19.3%Best |
| $10,000 over 2 years | $24,655Best | $14,102 |
| Top 10 Weight | 63.7% | 33.3%Best |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Sep 9, 2024 | May 24, 2001 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 10, 2024 to Sep 15, 2026 (2 years).
HECO vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
HECO vs VTI Performance
State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO) is an ETF from SPDR State Street Global Advisors and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year HECO returned +56.32% while VTI returned +15.74%. Year to date, HECO is up 44.31% versus a gain of 11.53% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HECO has been the more volatile fund, with annualized monthly volatility of 49.3% compared with 13.1% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -44.6% for HECO and -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HECO charges 0.90% per year while VTI charges 0.03%. On a $10,000 position that is $90 vs $3 annually, a gap of $87 per year that compounds over a long holding period. On income, HECO currently yields 0.00% against 1.03% for VTI.
Holdings Overlap
90.9% of HECO's money is in holdings VTI also owns. 18.3% of VTI's money is in holdings HECO also owns.
Most of HECO is already inside VTI. Owning both mostly buys the same companies twice.
26 positions in common, counted across the 31 positions we hold weights for in HECO and 3,463 in VTI, against full books of 55 and 3,543.
What only one of them owns
Our book lists 1,127 positions for VTI that do not appear in our book for HECO (79.2% of the fund), and 2 for HECO that do not appear in VTI (3.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HECO | Weight in VTI | Difference |
|---|---|---|---|
| RIOTRiot Platforms, Inc. | 13.62% | 0.01% | 13.61% |
| NVDANvidia Corp | 5.39% | 6.40% | 1.01% |
| MSFTMicrosoft Corp | 6.08% | 4.79% | 1.29% |
| KEELKeel Infrastructure Corp. | 8.80% | 0.00% | 8.80% |
| CLSKCleanspark Inc | 7.42% | 0.00% | 7.42% |
| CIFRCipher Mining Inc | 6.25% | 0.01% | 6.24% |
| JPMJpmorgan Chase | 4.73% | 1.31% | 3.42% |
| APLDApplied Digital Corp | 4.29% | 0.01% | 4.28% |
| HOODRobinhood Markets Inc - A | 3.97% | 0.09% | 3.88% |
| MUMicron Technology, Inc. | 2.58% | 1.29% | 1.29% |
90.9% of HECO is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HECO or VTI?
HECO has an expense ratio of 0.90% while VTI charges 0.03%. VTI is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, HECO or VTI?
Over the past year HECO returned +56.32% vs +15.74% for VTI, so HECO leads on 1-year performance. Over the longest common window we track (2 years), HECO annualized +57.02% vs +18.75% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HECO or VTI?
HECO has been the more volatile fund at 49.3% annualized versus 13.1% for VTI. Worst drawdown: HECO -44.6% vs VTI -19.3%.
Should I hold both HECO and VTI?
HECO and VTI have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HECO and VTI?
90.9% of HECO's money is in holdings VTI also owns. 18.3% of VTI's is in holdings HECO also owns. They hold 26 positions in common, counted across the 31 positions we hold weights for in HECO and 3,463 in VTI.
Which pays a higher dividend, HECO or VTI?
HECO yields 0.00% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than HECO?
VTI has a lower expense ratio. HECO led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.