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DECO vs FDIG

State Street Galaxy Digital Asset Ecosystem ETF

DECOBNasdaq

Fidelity Crypto Industry and Digital Payments ETF

FDIGANasdaq

Overlap

22.7%by weight

Expense ratio

FDIG −0.26pt a year

DECO0.65%FDIG0.39%

Avg volume · 30D

FDIG 32.7×the volume

DECO843FDIG27.5K

DECO vs FDIG Performance

Oct 31, 2025 – Nov 2, 2026

−1.3%DECO−38.1%FDIG

Oct 31, 2025 to Nov 2, 2026. DECO −1.3%. FDIG −38.1%. Use the arrow keys to read each point.−20%20%40%Oct 2025May 2026Nov 2026
Expense ratio
DECO 0.65%
FDIG 0.39%, better
Fund size
DECO $17M
FDIG $253M
1Y total return
DECO −1.3%, better
FDIG −38.1%
Yield (12M)
DECO 0.97%
FDIG 1.94%, better
Holdings
DECO 32
FDIG 70
Avg volume (30D)
DECO 843 sh
FDIG 27.5K sh, better
NAV per share
DECO $59.72
FDIG $33.38
52W range

ETF.net Grade

DECO: Cost 55, Risk 78, Mission not scored, Tradability 59, Holdings 62, Durability 41. FDIG: Cost 89, Risk 52, Mission not scored, Tradability 71, Holdings 81, Durability 72.
Pillar letters and Scores for DECO, FDIG, with each pillar’s weight
PillarDECOFDIG
Cost30% weightB55A89Higher
Mission25% weightNot scoredNot scored
Risk15% weightA78HigherC52
Tradability15% weightB59A71Higher
Holdings10% weightB62A81Higher
Durability5% weightC41A72Higher

Rank among Crypto Industry Stocks funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DECO and FDIG are both graded against the same 20 Crypto Industry Stocks funds, so their Grades compare head to head.

Crypto Industry Stocks⁠

Category · 20 funds
See all 20 ›

FDIG ranks 2nd and DECO 7th of 20 funds in the Crypto Industry Stocks Category.

  1. Rank 1ASTCESchwab Crypto Thematic ETFScore 77
  2. Rank 2AFDIGFidelity Crypto Industry and Digital Payments ETFScore 76
  3. Rank 3BLEGRFirst Trust Indxx Innovative Transaction & Process ETFScore 65
  4. Rank 5BIBLCiShares Blockchain and Tech ETFScore 61
  5. Rank 7BDECOState Street Galaxy Digital Asset Ecosystem ETFScore 60
  6. Rank 8BBKCHGlobal X Blockchain ETFScore 59

Our read on each fund

ETF.net Research

DECOBState Street Galaxy Digital Asset Ecosystem ETF

FDIGAFidelity Crypto Industry and Digital Payments ETF

In short

DECO State Street handed the keys to Galaxy, a crypto-native manager: DECO actively picks blockchain and mining stocks, then adds cryptocurrency exposure through ETFs and futures. An active hand in a corner of the market full of index trackers.

FDIG Crypto exposure through the companies, not the coins: roughly 50 miners, exchanges and digital payments processors, weighted by how heavily they trade rather than how big they are, in a Fidelity-built index priced below the thematic norm.

Stated mandate

DECO The fund seeks long-term capital appreciation by investing in companies expected to benefit from blockchain and cryptocurrency adoption, while also obtaining cryptocurrency exposure through ETFs and futures.

FDIG The fund seeks to track the performance of the Fidelity Crypto Industry and Digital Payments Index before fees and expenses. It normally invests at least 80% of assets in equity securities or depositary receipts included in that index.

Why people hold it

  • DECO Actively managed by Galaxy Asset Management, a digital-asset specialist, inside a State Street ETF wrapper. Several blockchain-stock rivals simply track an index.ssga.comnewswire.ca
  • Two levers, one ticker: companies positioned around blockchain adoption, plus cryptocurrency exposure taken through ETFs and futures instead of direct coin holdings.ssga.com
  • The 0.65% expense ratio sits under the typical fee in its blockchain-equity peer group and under BLOK's 0.70%.
  • Stands in the upper tier of the crypto-equity funds we track, helped by a portfolio that has been steadier than the category's wildest names.
  • FDIG Runs 0.39%, under the 0.56% median for global thematic funds. Cheap real estate in a corner of the market where niche fees usually bite.
  • Weights positions by trading volume rather than market cap, so the largest company in the group is not automatically the largest holding.fidelity.comfidelity.com 2
  • Two engines under one ticker: crypto miners and exchanges on one side, digital payments processors on the other, about 50 names in all.fidelity.com
  • Fidelity builds the index itself, screening on revenue plus text analysis of company disclosures, and rebalances quarterly over four days.fidelity.com

Worth knowing

  • DECO Thinly traded with a small asset base, so trading costs and spreads can run wider than at the category's larger funds.
  • A compact book of roughly two dozen names, weighted toward miners and crypto service firms, so single stocks and the crypto cycle both hit hard.ssga.com
  • Launched in 2024, so the record is short, and index-tracking BKCH covers the equity side for 0.50%.
  • FDIG Non-diversified and industry-narrow. Fidelity's own documents flag bigger swings and meaningful exposure to a small number of issuers.fidelity.com
  • You own crypto-linked equities, not crypto. Miners and payment processors can respond to very different news on any given day.fidelity.com
  • Volume runs light next to the ETF giants, so spreads can widen and the market price can sit at a premium or discount to net asset value.fidelity.com

Full DECO profile⁠

Full FDIG profile⁠

DECO vs FDIG Holdings

How DECO and FDIG differ

Overlap by weight

22.7%

Shared holdings make up 48.7% of DECO and 26.4% of FDIG.

Level by level

  • Holdings11 in both22.7%
  • Countryby domicile81.4%
  • Sector6 Sectors84.7%
  • Asset classEquity100%

Sector

Sector weights in DECO and FDIG, widest gap first
SectorMore in DECOMore in FDIG
TechnologyDECO +11.4 points
FinancialsFDIG +11.4 points
IndustrialsDECO +3.8 points
CommunicationFDIG +1.5 points
Consumer DiscretionaryFDIG +1.3 points
UtilitiesFDIG +1.2 points

Country, concentration and asset class

Country by domicile

Country weights in DECO and FDIG, widest gap first
CountryMore in DECOMore in FDIG
United StatesDECO +16.1 points
JapanFDIG +5.2 points
AustraliaFDIG +3.1 points
CanadaFDIG +3.0 points
BrazilFDIG +2.4 points
TaiwanDECO +2.1 points
ItalyFDIG +1.8 points
NetherlandsFDIG +1.4 points
Other countries (4)FDIG +1.3 points

Concentration

Weight in the 10 largest Holdings

  • DECO59.5%
  • FDIG43.2%

Securities held

  • DECO30
  • FDIG60

Asset class

DECO
Equity
FDIG
Equity

Holdings

  • Only in DECO19
  • In both11
  • Only in FDIG49

Only in DECO

19 securities, 50.5% of DECO by weight

  • Microsoft Corp7.44%
  • NVIDIA Corp6.10%
  • JPMorgan Chase & Co4.77%

Only in FDIG

49 securities, 82.4% of FDIG by weight

  • Securities Lending Cf9.05%
  • Coinbase Global Inc5.56%
  • Circle Internet Group Inc A5.06%

Weight gaps

All 11 Holdings in both funds, largest gap first.

Holding weights in DECO and FDIG, widest gap first
HoldingMore in DECOMore in FDIG
Riot Platforms IncRIOTDECO +9.00 points
Keel Infrastructure CorpKEELDECO +6.00 points
Cleanspark IncCLSKDECO +4.12 points
Robinhood Markets Inc AHOODDECO +2.22 points
Cipher Digital IncCIFRDECO +2.04 points
Iren LtdIRENFDIG +1.98 points
Core Scientific IncCORZFDIG +1.45 points
Applied Digital CorpAPLDDECO +0.94 points

All 27 DECO holdings⁠All 46 FDIG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DECO vs FDIG Cost

Overpaying DECO vs FDIG

$4,819

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • DECO 0.65%

    $12,717

  • FDIG 0.39%

    $7,898

$10,000
30 years

Cost over time

  • DECO 0.65%
  • FDIG 0.39%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530DECO $12,717FDIG $7,898

Year by year

YearDECOFDIGOverpaying
10$1,163$705$458
20$4,440$2,725$1,715
30$12,717$7,898$4,819

Expense ratio

  • 0.65%DECO
  • 0.39%FDIG, cheaper
  • Middle half of Crypto Industry Stocks funds
  • Median 0.66%

FDIG 3rd cheapest of 20 funds

DECO 8th cheapest of 20 funds

DECO vs FDIG Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
DECO 0.97%
FDIG 1.94%, better
Payout (12M)
DECO $0.53
FDIG $0.63
Last payment
DECO $0.53
FDIG $0.02
Ex-dividend
DECO Dec 29, 2025
FDIG Sep 18, 2026
Paid on
DECO Dec 31, 2025
FDIG Sep 22, 2026
Frequency
DECO Annual
FDIG Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

DECOAnnual · 2 paymentsAll DECO payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2024 $0.56; Dec 29, 2025 $0.53. Use the arrow keys to read each point.$0$0.5020232026YTD
FDIGQuarterly · 8 paymentsAll FDIG payments⁠
One bar per payment. 8 payments from 2023 to 2026 YTD. Dec 15, 2023 $0.05; Dec 20, 2024 $0.37; Dec 30, 2024 $0.006; Sep 19, 2025 $0.02; Dec 19, 2025 $0.42; Mar 20, 2026 $0.03; Jun 18, 2026 $0.15; Sep 18, 2026 $0.02. Use the arrow keys to read each point.$0$0.5020232026YTD

DECO vs FDIG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DECO 57.8%since Oct 2024FDIG 57.6%
Return per unit of riskSharpe ratio, 3 years
DECO 0.80since Oct 2024FDIG 0.65
Worst fallMax drawdown, 5 years
DECO −47.7%since Sep 2024FDIG −58.3%since Apr 2022
Market sensitivityBeta, 5 years
DECO 3.72FDIG 3.46

DECO and FDIG in the news

All news⁠

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