EMET vs HECO
VanEck Copper and Electrification Metals ETF vs State Street Galaxy Hedged Digital Asset Ecosystem ETF
Which is better, EMET or HECO?
Each has led over a different period.
EMET has a lower expense ratio. EMET led over 1Y, HECO over the full window. EMET is less concentrated, with 53.9% of the fund in its ten largest positions against 65.3%.
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 | EMET | HECO |
|---|---|---|
| Expense Ratio | 0.62%Best | 0.90% |
| AUM | $35M | $74M |
| Dividend Yield | 1.67% | 0.00% |
| Holdings | 120 | 55 |
| YTD Return | +5.05% | +26.99%Best |
| 1Y Return | +19.75%Best | +15.91% |
| 3Y Return (annualized) | +18.97% | - |
| 5Y Return (annualized) | +3.75% | - |
| Volatility (annualized) | 33.6%Best | 50.1% |
| Max Drawdown | -36.1%Best | -44.6% |
| $10,000 over 2.1 years | $19,130 | $21,884Best |
| Top 10 Weight | 53.9%Best | 65.3% |
| Fund Family | VanEck | State Street Investment Management |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Nov 9, 2021 | Sep 9, 2024 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 10, 2024 to Oct 14, 2026 (2.1 years).
EMET vs HECO 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 2.1 years both funds cover.
EMET vs HECO Performance
VanEck Copper and Electrification Metals ETF (EMET) is an ETF from VanEck and State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO) is an ETF from State Street Investment Management. Over the past year EMET returned +19.75% while HECO returned +15.91%. Year to date, EMET is up 5.05% versus a gain of 26.99% for HECO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HECO has been the more volatile fund, with annualized monthly volatility of 50.1% compared with 33.6% for EMET. 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 -36.1% for EMET and -44.6% for HECO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMET charges 0.62% per year while HECO charges 0.90%. On a $10,000 position that is $62 vs $90 annually, a gap of $28 per year that compounds over a long holding period. On income, EMET currently yields 1.67% against 0.00% for HECO.
Holdings Overlap
We hold position weights for 58 holdings in EMET and 31 in HECO, totalling 99.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 58 positions we hold weights for in EMET and 31 in HECO, against full books of 120 and 55.
What only one of them owns
Our book lists 27 positions for HECO that do not appear in our book for EMET (92.5% of the fund), and 5 for EMET that do not appear in HECO (18.0%).
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.
You are not choosing between two funds in isolation.
Whichever of EMET and HECO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMET or HECO?
EMET has an expense ratio of 0.62% while HECO charges 0.90%. EMET is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, EMET or HECO?
Over the past year EMET returned +19.75% vs +15.91% for HECO, so EMET leads on 1-year performance. Over the longest common window we track (2 years), EMET annualized +36.19% vs +45.20% for HECO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMET or HECO?
HECO has been the more volatile fund at 50.1% annualized versus 33.6% for EMET. Worst drawdown: EMET -36.1% vs HECO -44.6%.
Should I hold both EMET and HECO?
EMET and HECO have a monthly-return correlation of 0.33, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EMET or HECO?
EMET yields 1.67% while HECO yields 0.00%, so EMET currently pays the higher dividend yield.
Is HECO better than EMET?
EMET has a lower expense ratio. EMET led over 1Y, HECO over the full window. EMET is less concentrated, with 53.9% of the fund in its ten largest positions against 65.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.