DECO vs LEGR

DECOBState Street Galaxy Digital Asset Ecosystem ETF

LEGRBFirst Trust Indxx Innovative Transaction & Process 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.

LEGR Blockchain, hold the coins. LEGR has tracked the Indxx Blockchain Index since January 2018, owning roughly 110 global companies that build with the technology or stand to benefit from it, rather than the tokens themselves.

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.

LEGR The Fund seeks to track the performance of the Indxx Blockchain Index before fees and expenses. The index targets companies involved with blockchain technology or positioned to benefit from its use in business processes.

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.

• LEGR A first-wave name: launched January 2018, and it has tracked the same blockchain index through a full crypto boom and bust.
• Picks and shovels, not whitepapers: roughly 110 global stocks either working with blockchain or positioned to benefit from it inside their own business processes.
• Spreading the theme across about 110 operating companies keeps any single name from dominating, and the fund sits in the upper half of its global thematic peer group.

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%.

• LEGR The 0.65% expense ratio sits above the typical fee among global thematic ETFs, and several funds in that group charge a fraction of it.
• It trades thinly, so bid-ask spreads can run wider than on giant ETFs. Limit orders do real work here.
• Stocks, not coins. Crypto moves reach this fund only through share prices of companies where blockchain may be one line in a much larger business.

Full DECO profile⁠

Full LEGR profile⁠