Invesco Alerian Galaxy Crypto Economy ETF (SATO) Performance
SATO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −14.3% since Dec 31, 2025
- 1 year
- −40.9% total return
- 5 years
- −5.0% a year
- Since first price
- −4.0% a year since 2021
SATO trailing returns vs SPY, QQQ, AGG
| Period | SATO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −24.2% | −24.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −6.9% | −6.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −14.6% | −14.6% | +7.8% | +8.4% | −1.5% |
| YTD | −14.3% | −14.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −40.9% | −43.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +149.3%+35.6%/yr | +94.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −22.5%−5.0%/yr | −43.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionOct 7, 2021 | −18.5%−4.0%/yr | −40.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SATO vs SPY
From Oct 7, 2021: SATO grew to $8,154, SPY to $18,523.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SATO returns by calendar year
3 of 4 full years positive. Best 2023 (+266.7%), worst 2022 (−80.2%). 2026 is year to date.
SATO annual returns table
| Year | SATO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −14.3% | −36.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +2.3% | −44.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +55.2% | −32.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +266.7% | −40.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −80.2% | −81.2% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SATO largest drawdowns
Now 47.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −88.0% | Dec 28, 2022 | Sep 30, 2025 | 1.1 years | 3.9 years |
| Oct 6, 2025 | −53.5% | Mar 30, 2026 | not yet | 6 months | 1.0 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SATO risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +46.1% | −2.4% |
| Volatility (annualized) | 58.5% | 66.8% |
| Sharpe ratio | 0.85 | 0.23 |
| Sortino ratio | 1.59 | 0.36 |
| Best month | +48.0% | +55.0% |
| Worst month | −19.9% | −40.6% |
| Best 12 months | +157.9% | +266.7% |
| Worst 12 months | −24.9% | −82.7% |
| Positive months | 67% | 56% |
| Beta vs S&P 500 | 3.32 | — |
| Correlation with S&P 500 | 0.71 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SATO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 49 | −82.7% | +37.8% | +266.7% | 71% |
| 3-year (a year) | 25 | −13.5% | +40.8% | +81.1% | 88% |
| 5-year (a year) | 1 | −6.4% | −6.4% | −6.4% | 0% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
SATO performance overview
Invesco Alerian Galaxy Crypto Economy ETF (SATO) returned −40.9% over the past year and −5.0% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned −4.0% a year, turning $10,000 into about $8,154. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −88.0%, from Nov 9, 2021 to Dec 28, 2022, and it took 2.8 years to get back to the old high. SATO finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+266.7%) and the worst 2022 (−80.2%). Volatility has been 66.8% a year.
Related: SATO chart, SATO holdings, SATO dividends. See the SATO overview for the latest quote and fund facts.
SATO performance FAQ
What is the SATO return over the past year?
SATO returned −40.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 43.9%.
What is the average annual return of SATO?
SATO has returned −5.0% a year over 5 years, −4.0% a year since October 7, 2021 (total return, distributions reinvested).
How much would $10,000 invested in SATO be worth?
$10,000 invested in SATO at its first recorded close on October 7, 2021 would be worth about $8,154 on October 23, 2026 with distributions reinvested.
What was the worst year for SATO?
The worst calendar year was 2022, with a total return of −80.2%. The best was 2023 at +266.7%.
What is the biggest drawdown of SATO?
The largest peak-to-trough decline was −88.0% between November 9, 2021 and December 28, 2022. It recovered to the old high on September 30, 2025, 2.8 years after the bottom.
How volatile is SATO?
Over the past 3 years SATO had an annualized volatility of 58.5% and a Sharpe ratio of 0.85 (excess return over 1–3 month T-bills per unit of risk).