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BITQ vs STCE

Bitwise Crypto Industry Innovators ETF

BITQDNYSE Arca

Schwab Crypto Thematic ETF

STCEANYSE Arca

Overlap

46.7%by weight

Expense ratio

STCE −0.55pt a year

BITQ0.85%STCE0.30%

Avg volume · 30D

STCE 1.1×the volume

BITQ115KSTCE124K

3Y return · a year

BITQ +8.1pt

BITQ+42.4%STCE+34.3%

BITQ vs STCE Performance

Oct 31, 2025 – Oct 30, 2026

−30.5%BITQ−48.2%STCE

Oct 31, 2025 to Oct 30, 2026. BITQ −30.5%. STCE −48.2%. Use the arrow keys to read each point.−40%−20%−10%0%Oct 2025Apr 2026Oct 2026
Expense ratio
BITQ 0.85%
STCE 0.30%, better
Fund size
BITQ $349M
STCE $156M
1Y total return
BITQ −30.5%, better
STCE −48.2%
Yield (12M)
BITQ 0.00%
STCE 2.40%, better
Holdings
BITQ 30
STCE 40
Avg volume (30D)
BITQ 115K sh
STCE 124K sh, better
NAV per share
BITQ $21.18
STCE $47.39
52W range

ETF.net Grade

BITQ: Cost 13, Risk 46, Mission not scored, Tradability 61, Holdings 46, Durability 79. STCE: Cost 100, Risk 32, Mission not scored, Tradability 86, Holdings 76, Durability 61.
Pillar letters and Scores for BITQ, STCE, with each pillar’s weight
PillarBITQSTCE
Cost30% weightF13A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightC46HigherD32
Tradability15% weightB61A86Higher
Holdings10% weightC46A76Higher
Durability5% weightA79HigherB61

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. BITQ and STCE 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 ›

STCE ranks 1st and BITQ 16th 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 13CSTBQAmplify Stablecoin Technology ETFScore 40
  4. Rank 16DBITQBitwise Crypto Industry Innovators ETFScore 38
  5. Rank 16DHECOState Street Galaxy Hedged Digital Asset Ecosystem ETFScore 38

Our read on each fund

ETF.net Research

BITQDBitwise Crypto Industry Innovators ETF

STCEASchwab Crypto Thematic ETF

In short

BITQ The crypto purist's stock basket. BITQ tracks a Bitwise-built index of about 30 companies, with most of the weight reserved for firms that earn the bulk of their revenue from crypto itself, not tech giants running a blockchain side project.

STCE Crypto exposure without owning a coin. STCE holds about 40 global companies tied to digital assets and blockchain, chosen by Schwab's own index, at a price that undercuts most thematic funds.

Stated mandate

BITQ The Fund seeks to track the total return of the Bitwise Crypto Innovators 30 Index before fees and expenses. The Index targets companies substantially connected to the cryptocurrency ecosystem.

STCE The fund seeks to track, before fees and expenses, an index providing global exposure to companies that may benefit from developing or using cryptocurrencies and other digital assets, or from business activities tied to blockchain and distributed-ledger technology.

Why people hold it

  • BITQ Index rules reserve at least 85% of weight for pure-plays: companies with over 75% of revenue from crypto or 75% of net assets in crypto. Diversified megacaps get the leftovers.bitwiseinvestments.com
  • Built by a crypto-native shop. Bitwise designed the 30-stock index with Moorgate Benchmarks, and it rebalances quarterly as the industry's leaders shuffle.bitwiseinvestments.com
  • Trading since 2021, so it has lived through a full crypto drawdown and recovery in public view.
  • A plain 1940 Act ETF you buy in a brokerage account. No wallets, no keys, no exchange logins.bitqetf.com
  • STCE Charges 0.30% a year, roughly half the typical fund in its global thematic group. Schwab billed it as the lowest-cost crypto-related ETF when it launched in 2022.aboutschwab.com
  • Stocks, not coins: the index targets companies worldwide that may benefit from cryptocurrencies, digital assets and distributed-ledger technology.schwabassetmanagement.com
  • Cheap, straightforward and liquid enough for a niche theme, which puts it in the top quartile of its global thematic peer group.

Worth knowing

  • BITQ The 0.85% fee sits above the category's middle. Global X's BKCH runs 0.50% and Amplify's BLOK 0.70% for broader blockchain baskets.
  • About 30 stocks in one industry, weighted toward exchanges and miners, so a single company's news can move the whole fund.
  • This owns crypto-linked company stock, not coins, so its path can look different from the assets those firms trade and mine.bitwiseinvestments.com
  • STCE Crypto-linked equities move violently, and with roughly 40 non-diversified names, a stumble at one holding is felt across the fund.aaii.com
  • It owns crypto-adjacent businesses, not bitcoin, so its path can diverge from the coins themselves in either direction.aaii.com
  • Modest asset base by ETF standards and distributions land only once or twice a year, so this is a theme sleeve rather than an income holding.

Full BITQ profile⁠

Full STCE profile⁠

BITQ vs STCE Holdings

How BITQ and STCE differ

Overlap by weight

46.7%

Shared holdings make up 62.4% of BITQ and 56.5% of STCE.

Level by level

  • Holdings15 in both46.7%
  • Sector6 Sectors87.6%
  • Countryby domicile88.0%
  • Asset classEquity100%

Sector

Sector weights in BITQ and STCE, widest gap first
SectorMore in BITQMore in STCE
FinancialsBITQ +7.3 points
CommunicationSTCE +7.2 points
TechnologyBITQ +3.6 points
UtilitiesSTCE +3.5 points
Consumer StaplesSTCE +1.7 points
Consumer DiscretionaryBITQ +1.4 points

Country, concentration and asset class

Country by domicile

Country weights in BITQ and STCE, widest gap first
CountryMore in BITQMore in STCE
United StatesBITQ +4.6 points
JapanSTCE +3.9 points
Hong KongBITQ +3.4 points
CanadaSTCE +2.7 points
AustraliaSTCE +2.7 points
SingaporeBITQ +1.7 points
BrazilBITQ +1.6 points
NorwaySTCE +1.5 points
Other countries (2)STCE +0.4 points

Concentration

Weight in the 10 largest Holdings

  • BITQ60.9%
  • STCE46.9%

Securities held

  • BITQ30
  • STCE38

Asset class

BITQ
Equity
STCE
Equity

Holdings

  • Only in BITQ15
  • In both15
  • Only in STCE23

Only in BITQ

15 securities, 37.6% of BITQ by weight

  • Circle Internet Group9.52%
  • Figure3.62%
  • Securitize3.51%

Only in STCE

23 securities, 43.5% of STCE by weight

  • Core Scientific Inc4.53%
  • Trump Media Technology Group4.05%
  • Strive Inc Class A3.53%

Weight gaps

All 15 Holdings in both funds, largest gap first.

Holding weights in BITQ and STCE, widest gap first
HoldingMore in BITQMore in STCE
StrategyMSTRBITQ +7.52 points
Coinbase GlobalCOINBITQ +5.86 points
HIVE DigitalHIVESTCE +2.89 points
Bitdeer Technologies GroupBTDRSTCE +2.40 points
Galaxy Digital HoldingsGLXYSTCE +1.39 points
Robinhood MarketsHOODSTCE +1.30 points
Hyperliquid StrategiesPURRBITQ +0.94 points
Cipher DigitalCIFRBITQ +0.88 points

All 30 BITQ holdings⁠All 41 STCE 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.

BITQ vs STCE Cost

Overpaying BITQ vs STCE

$10,050

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

  • BITQ 0.85%

    $16,199

  • STCE 0.30%

    $6,149

$10,000
30 years

Cost over time

  • BITQ 0.85%
  • STCE 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530BITQ $16,199STCE $6,149

Year by year

YearBITQSTCEOverpaying
10$1,508$545$963
20$5,706$2,113$3,593
30$16,199$6,149$10,050

Expense ratio

  • 0.85%BITQ
  • 0.30%STCE, cheaper
  • Middle half of Crypto Industry Stocks funds
  • Median 0.66%

STCE cheapest of 20 funds

BITQ 16th cheapest of 20 funds

BITQ vs STCE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BITQ 0.00%
STCE 2.40%, better
Payout (12M)
BITQ None
STCE $1.13
Last payment
BITQ No data
STCE $1.13
Ex-dividend
BITQ No data
STCE Dec 11, 2025
Paid on
BITQ No data
STCE Dec 16, 2025
Frequency
BITQ No data
STCE Twice a year

Distribution history

Per share, 2021 to 2026, same scale for both

BITQ3 paymentsAll BITQ payments⁠
One bar per payment. 3 payments from 2021 to 2026 YTD. Dec 28, 2021 $0.66; Dec 26, 2023 $0.18; Dec 30, 2024 $0.15. Use the arrow keys to read each point.$0$120232026YTD
STCETwice a year · 7 paymentsAll STCE payments⁠
One bar per payment. 7 payments from 2021 to 2026 YTD. Dec 7, 2022 $0.22; Jun 21, 2023 $0.02; Dec 6, 2023 $0.07; Jun 26, 2024 $0.04; Dec 13, 2024 $0.25; Jun 25, 2025 $0.04; Dec 11, 2025 $1.13. Use the arrow keys to read each point.$0$120232026YTD

BITQ vs STCE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BITQ 62.0%, betterSTCE 62.4%
Return per unit of riskSharpe ratio, 3 years
BITQ 0.80, betterSTCE 0.70
Worst fallMax drawdown, 5 years
BITQ −90.3%STCE −55.6%since Aug 2022
Market sensitivityBeta, 5 years
BITQ 3.52STCE 3.42

BITQ and STCE in the news

All news⁠

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