HECO vs MSOX

Comparison between SPDR GALAXY HEDGED DIGITAL ASSET ECOSYSTEM ETF (HECO, ETF) and ADVISORSHARES MSOS DAILY LEVERAGED ETF (MSOX, ETF).

HECO vs MSOX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HECO(ETF)	MSOX(ETF)
Net Assets	$82M	$82M
Expense Ratio	0.90%	N/A
Max Drawdown	45.90%	99.75%
Sharpe Ratio	2.16	1.14
5Y Beta	1.83	1.79
P/E Ratio	-45.64	N/A
Forward P/E	32.06	N/A
PEG Ratio	-0.12	N/A
5Y EPS CAGR	39.57%	N/A
P/S Ratio	4.74	N/A
P/B Ratio	7.99	N/A

Net Assets

Winner

HECO

$82M

MSOX

$82M

Expense Ratio

HECO

0.90%

MSOX

N/A

Max Drawdown

Winner

HECO

45.90%

MSOX

99.75%

Sharpe Ratio

Winner

HECO

2.16

MSOX

1.14

5Y Beta

HECO

1.83

Winner

MSOX

1.79

P/E Ratio

HECO

-45.64

MSOX

N/A

Forward P/E

HECO

32.06

MSOX

N/A

PEG Ratio

HECO

-0.12

MSOX

N/A

5Y EPS CAGR

HECO

39.57%

MSOX

N/A

P/S Ratio

HECO

4.74

MSOX

N/A

P/B Ratio

HECO

7.99

MSOX

N/A

HECO vs MSOX - Historical Returns

Returns include dividend reinvestment.

Period	HECO	MSOX
1 month	+19.08%	+10.41%
3 months	+47.77%	+63.16%
6 months	+47.57%	-1.47%
1 year	+122.88%	+48.71%
Max(CAGR)	+73.24%	-73.07%

Winner

HECO

+19.08%

MSOX

+10.41%

HECO

+47.77%

Winner

MSOX

+63.16%

Winner

HECO

+47.57%

MSOX

-1.47%

Winner

HECO

+122.88%

MSOX

+48.71%

Max(CAGR)

Winner

HECO

+73.24%

MSOX

-73.07%

HECO vs MSOX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	HECO	MSOX
2026	+50.72%	-12.20%
2025	+23.32%	-55.91%
2024	+27.48%	-86.58%
2023	N/A	-37.69%
2022	N/A	-79.25%

HECO vs MSOX Drawdown Comparison

The maximum drawdown for HECO was -44.54%, occurring on Apr 8, 2025. Recovery took 185 trading sessions.

The maximum drawdown for MSOX was -99.75%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

The current HECO drawdown is -7.35%. The current MSOX drawdown is -99.41%.

Rank	HECO	MSOX
#1	-44.54% Dec 16, 2024 - Sep 15, 2025	-99.75% Aug 29, 2022 - Mar 30, 2026
#2	-21.03% Jan 16, 2026 - Apr 15, 2026	-3.09% Aug 25, 2022 - Aug 29, 2022
#3	-19.38% Oct 15, 2025 - Jan 16, 2026	N/A
#4	-9.16% Nov 11, 2024 - Dec 4, 2024	N/A
#5	-8.57% Dec 6, 2024 - Dec 16, 2024	N/A
#6	-7.93% Oct 29, 2024 - Nov 6, 2024	N/A
#7	-7.35% Jun 1, 2026 - Jun 5, 2026	N/A
#8	-5.53% Apr 24, 2026 - May 4, 2026	N/A
#9	-5.32% Sep 26, 2024 - Oct 11, 2024	N/A
#10	-5.27% May 14, 2026 - May 21, 2026	N/A
#11	-3.38% Sep 22, 2025 - Sep 29, 2025	N/A
#12	-2.22% Oct 22, 2024 - Oct 28, 2024	N/A
#13	-2.12% Apr 20, 2026 - Apr 22, 2026	N/A
#14	-1.98% Oct 9, 2025 - Oct 13, 2025	N/A
#15	-1.55% Oct 6, 2025 - Oct 8, 2025	N/A

Correlation

Correlation between HECO and MSOX is -0.33 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.33

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