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Upturn AI SWOT - About
SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO)
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Upturn Advisory Summary
10/10/2025: HECO (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 53.19% | Avg. Invested days 59 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/10/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 21.46 - 39.53 | Updated Date 06/28/2025 |
52 Weeks Range 21.46 - 39.53 | Updated Date 06/28/2025 |
Upturn AI SWOT
SPDR Galaxy Hedged Digital Asset Ecosystem ETF
ETF Overview
Overview
The SPDR Galaxy Hedged Digital Asset Ecosystem ETF (ticker: SATO) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Indxx Galaxy Bitcoin and Blockchain Index. It focuses on companies involved in the digital asset and blockchain ecosystem, while also holding Bitcoin futures contracts to provide a hedge against market volatility.
Reputation and Reliability
State Street Global Advisors (SSGA), the issuer, is one of the world's largest asset managers with a long and established track record in the ETF industry.
Management Expertise
SSGA has significant experience in managing ETFs and utilizes a team of professionals with expertise in both traditional finance and digital assets.
Investment Objective
Goal
To provide investment results that generally correspond to the price and yield performance, before fees and expenses, of the Indxx Galaxy Bitcoin and Blockchain Index.
Investment Approach and Strategy
Strategy: The ETF aims to track the Indxx Galaxy Bitcoin and Blockchain Index, which includes companies involved in the blockchain and digital asset space, and uses Bitcoin futures contracts as a hedge.
Composition The ETF holds a combination of equity securities of companies involved in the digital asset ecosystem and Bitcoin futures contracts.
Market Position
Market Share: Data not readily available regarding SATO specific market share. The digital asset ETF market is still evolving.
Total Net Assets (AUM): 26927502
Competitors
Key Competitors
- BLOK
- LEGR
- BITQ
- WGMI
Competitive Landscape
The digital asset ETF market is competitive with various ETFs offering exposure to the blockchain and cryptocurrency space. SATO's advantage lies in its hedging strategy using Bitcoin futures, which can potentially reduce volatility. However, this strategy may also limit upside potential compared to pure-play blockchain ETFs. SATO also has a lower AUM compared to some competitors.
Financial Performance
Historical Performance: Historical performance data needs to be updated based on the latest factsheet and publicly available data.
Benchmark Comparison: Benchmark comparison needs to be updated based on the latest factsheet and publicly available data.
Expense Ratio: 0.85
Liquidity
Average Trading Volume
The average trading volume is relatively moderate, suggesting sufficient but not exceptional liquidity.
Bid-Ask Spread
The bid-ask spread is moderate, indicating a reasonable cost for trading.
Market Dynamics
Market Environment Factors
SATO is influenced by factors such as regulatory developments in the cryptocurrency space, the adoption rate of blockchain technology, and the overall performance of the cryptocurrency market. Additionally, macroeconomic conditions and interest rate movements can impact the performance of Bitcoin futures.
Growth Trajectory
The growth trajectory depends on the continued adoption of digital assets and blockchain technology, as well as the effectiveness of its hedging strategy. Changes to the underlying index or hedging strategy could impact future performance.
Moat and Competitive Advantages
Competitive Edge
SATO's competitive edge lies in its hedging strategy using Bitcoin futures, aiming to reduce volatility compared to non-hedged blockchain ETFs. This hedging strategy is specifically geared at improving its risk profile. The fund's focus on the digital asset ecosystem is not unique and offers exposure to high-growth companies. State Street's reputation offers a level of trustworthiness to potentially attract investors.
Risk Analysis
Volatility
SATO is exposed to high volatility due to its holdings in both digital asset ecosystem stocks and Bitcoin futures.
Market Risk
Specific risks include regulatory risk surrounding digital assets, technology risk associated with blockchain, and the inherent volatility of Bitcoin futures contracts.
Investor Profile
Ideal Investor Profile
SATO is suitable for investors who are seeking exposure to the digital asset ecosystem but are also concerned about volatility and seeking some downside protection.
Market Risk
SATO may be suitable for long-term investors with a higher risk tolerance who are looking to diversify their portfolio with exposure to digital assets and the digital ecosystem but would also like the hedging strategy.
Summary
The SPDR Galaxy Hedged Digital Asset Ecosystem ETF (SATO) offers exposure to the digital asset and blockchain space with a unique hedging strategy using Bitcoin futures to mitigate volatility. Its performance is tied to the underlying index and the effectiveness of its hedge. Investors should be aware of the risks associated with digital assets and Bitcoin futures, including regulatory uncertainty and market volatility. SATO may be a suitable option for risk-conscious investors seeking digital asset exposure.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA)
- Indxx
- Various Financial News Outlets
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions. Market share data is not always readily available and may be estimated. Performance data needs updating based on factsheet.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR Galaxy Hedged Digital Asset Ecosystem ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The Sub-Adviser seeks to achieve the fund's investment objective by investing, directly or indirectly, in (i) equity securities of foreign and domestic companies within the crypto asset and blockchain industries, (ii) ETFs that primarily hold bitcoin and/or ether futures contracts, (iii) bitcoin and ether futures contracts, (iv) exchange-traded products that hold bitcoin or ether as a reference asset, and (v) covered call options and protective put options on investments held in the portfolio. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.