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Schwab Crypto Thematic ETF

STCE
$--
Today’s Change
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Snapshot
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Inception Date
Aug 04 2022
Expense Ratio
0.30%
Type
Global Equities
Fund Owner
Schwab
Volume (1m avg. daily)
$73,893
AUM
$10,608,711
Associated Index
Schwab Crypto Thematic Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

COIN
Coinbase Global Inc - Ordinary Shares - Class A
8.10%
MSTR
Microstrategy Inc. - Ordinary Shares - Class A
7.88%
MARA
Marathon Digital Holdings Inc
6.80%
RIOT
Riot Platforms Inc
6.26%
CLSK
Cleanspark Inc
5.57%
PYPL
PayPal Holdings Inc
4.35%
SQ
Block Inc - Ordinary Shares - Class A
4.28%
HUT
Hut 8 Mining Corp
3.84%
CBOE
Cboe Global Markets Inc.
3.60%
XP
XP Inc - Ordinary Shares - Class A
3.35%
Invest with STCE

What is STCE?

The fund's goal is to track as closely as possible, before fees and expenses, the total return of an index that is designed to deliver global exposure to companies that may benefit from the development or utilization of cryptocurrencies (including bitcoin) and other digital assets, and the business activities connected to blockchain and other distributed ledger technology.

ETFs related toSTCE

ETFs correlated to STCE include BLOK, FDIG, BKCH

STCE
Schwab Strategic Trust - Schwab Crypto Thematic ETF
BLOK
Amplify ETF Trust - Amplify Transformational Data Sharing ETF
FDIG
Fidelity Covington Trust - Fidelity Crypto Industry and Digital Payments ETF
BKCH
Global X Funds - Global X Blockchain ETF
WGMI
Valkyrie ETF Trust II - Valkyrie Bitcoin Miners ETF
CONY
Tidal Trust II - YieldMax COIN Option Income Strategy ETF
CONL
GraniteShares ETF Trust - GraniteShares 1.5x Long Coinbase Daily ETF
ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
FINX
Global X Funds - Global X Funds Global X FinTech ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

STCE is a Global Equities ETF. The fund's goal is to track as closely as possible, before fees and expenses, the total return of an index that is designed to deliver global exposure to companies that may benefit from the development or utilization of cryptocurrencies (including bitcoin) and other digital assets, and the business activities connected to blockchain and other distributed ledger technology.

STCE tracks the Schwab Crypto Thematic Index.

No, STCE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, STCE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on STCE is -0.0698%. This is the percent change in the value of STCE over the most recent 1-month period. The 3-month return on STCE is -0.0602%. This is the percent change in the value of STCE over the most recent 3-month period.

The standard deviation of STCE for the past year is 0.4458%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to STCE include PBW, IGF, and ARKK.

ETFs correlated to STCE include BLOK, FDIG, and BKCH.

ETFs that are inversely correlated to STCE include SARK, HIBS, and HDGE.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.