STCE vs. BITQ ETF Comparison

Comparison of Schwab Crypto Thematic ETF (STCE) to Bitwise Crypto Industry Innovators ETF (BITQ)

STCE

Schwab Crypto Thematic ETF

STCE Description

The fund will not invest in cryptocurrency or digital assets directly. The investment adviser typically seeks to track the total return of the index by replicating the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$32.15

Average Daily Volume

21,514

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BITQ

Bitwise Crypto Industry Innovators ETF

BITQ Description

The Bitwise Crypto Industry Innovators ETF (the Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bitwise Crypto Innovators 30 Index. The Index was designed to measure the performance of companies leading the rapidly emerging crypto economy. At least 85% of the index is focused on pure-play crypto companies, including bitcoin and crypto trading venues, crypto mining and mining equipment firms, and service providers. Examples include Coinbase (COIN), Silvergate Capital (SI), and MicroStrategy (MSTR). Up to 15% of the index is focused on supporting companies: Innovative large cap firms with diversified business interests that include at least one significant business line focused on the crypto economy. Examples include PayPal (PYPL), Nvidia (NVDA), and Square (SQ). The fund offers investors a picks and shovels approach to investing in the crypto economy

Grade (RS Rating)

Last Trade

$10.39

Average Daily Volume

177,721

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	STCE	BITQ
30 Days	-16.96%	-18.38%
60 Days	-12.40%	-12.32%
90 Days	20.25%	14.81%
12 Months	61.64%	67.84%

9 Overlapping Holdings

Symbol	Grade	Weight in STCE	Weight in BITQ	Overlap
CIFR	B	5.65%	4.86%	4.86%
CLSK	B	7.45%	5.12%	5.12%
COIN	D	10.02%	11.68%	10.02%
IBKR	A	2.73%	1.63%	1.63%
MARA	D	5.52%	6.92%	5.52%
MSTR	D	15.56%	13.05%	13.05%
PYPL	A	3.31%	1.67%	1.67%
RIOT	F	4.0%	3.73%	3.73%
SQ	D	3.9%	1.44%	1.44%

STCE Overweight 1 Positions Relative to BITQ

	Symbol	Grade	Weight
	HOOD	D	4.04%

STCE Underweight 11 Positions Relative to BITQ

Symbol	Grade	Weight
WULF	C	-2.98%
IREN	F	-2.43%
APLD	F	-1.94%
CAN	F	-1.92%
BTBT	F	-1.61%
CME	C	-1.57%
V	C	-1.54%
MA	D	-1.53%
NU	C	-1.5%
BLK	D	-1.49%
MELI	C	-1.36%

STCE: Top Represented Industries & Keywords

Industries: Capital Markets Software - Application Software - Infrastructure Business Services Credit Services