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BKCH vs STCE

Global X Blockchain ETF

BKCHBNasdaq

Schwab Crypto Thematic ETF

STCEANYSE Arca

Overlap

38.5%by weight

Expense ratio

STCE −0.20pt a year

BKCH0.50%STCE0.30%

Avg volume · 30D

STCE 1.8×the volume

BKCH70.7KSTCE124K

3Y return · a year

STCE +1.3pt

BKCH+33.0%STCE+34.3%

BKCH vs STCE Performance

Oct 31, 2025 – Oct 30, 2026

−51.8%BKCH−48.2%STCE

Oct 31, 2025 to Oct 30, 2026. BKCH −51.8%. STCE −48.2%. Use the arrow keys to read each point.−40%−30%−20%−10%0%Oct 2025Apr 2026Oct 2026
Expense ratio
BKCH 0.50%
STCE 0.30%, better
Fund size
BKCH $180M
STCE $156M
1Y total return
BKCH −51.8%
STCE −48.2%, better
Yield (12M)
BKCH 2.45%, better
STCE 2.40%
Holdings
BKCH 33
STCE 40
Avg volume (30D)
BKCH 70.7K sh
STCE 124K sh, better
NAV per share
BKCH $49.85
STCE $47.39
52W range

ETF.net Grade

BKCH: Cost 79, Risk 21, Mission not scored, Tradability 68, Holdings 38, Durability 72. STCE: Cost 100, Risk 32, Mission not scored, Tradability 86, Holdings 76, Durability 61.
Pillar letters and Scores for BKCH, STCE, with each pillar’s weight
PillarBKCHSTCE
Cost30% weightA79A100Higher
Mission25% weightNot scoredNot scored
Risk15% weightF21D32Higher
Tradability15% weightB68A86Higher
Holdings10% weightD38A76Higher
Durability5% weightA72HigherB61

Rank among Crypto Industry Stocks funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BKCH 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 BKCH 8th 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 7BDECOState Street Galaxy Digital Asset Ecosystem ETFScore 60
  4. Rank 8BBKCHGlobal X Blockchain ETFScore 59
  5. Rank 9CBITSGlobal X Blockchain & Bitcoin Strategy ETFScore 52

Our read on each fund

ETF.net Research

BKCHBGlobal X Blockchain ETF

STCEASchwab Crypto Thematic ETF

In short

BKCH BKCH buys the pickaxes, not the gold: roughly 30 listed miners, exchanges and hardware names that live off blockchain activity, with no coins on the books. It's the low-cost option in its blockchain-equity peer group and one of the strongest builds in it.

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

BKCH BKCH seeks exposure to companies expected to benefit from wider blockchain adoption, spanning digital-asset mining and transactions as well as blockchain applications, hardware, and integration. It tracks the Solactive Blockchain Index before fees and expenses.

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

  • BKCH Cheapest ticket in the group at 0.50%, undercutting rivals like BLOK (0.70%) and MNRS (0.59%) on the sticker price you actually pay every year.globalxetfs.com
  • Rules, not hunches: it tracks the Solactive Blockchain Index, so the basket is set by published methodology rather than a manager's conviction of the week.globalxetfs.com
  • Crypto exposure through ordinary stocks: digital-asset mining and transactions plus blockchain applications, hardware and integration, all in a regular brokerage account. No wallets, no keys.globalxetfs.com
  • Trading since 2021, global in reach, and one of the strongest implementations in its blockchain-equity cohort.
  • 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

  • BKCH Concentration is the design: roughly 30 names bolted to a single theme, so swings run far harder than a broad tech fund's.
  • These are crypto-linked companies, not coins. Mining economics, earnings and financing decisions drive returns alongside token prices.globalxetfs.com
  • Payouts come annually or semiannually at most, and the fund is mid-sized with moderate trading volume, so patient limit orders beat market orders.
  • 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 BKCH profile⁠

Full STCE profile⁠

BKCH vs STCE Holdings

As of

How BKCH and STCE differ

Overlap by weight

38.5%

Shared holdings make up 64.0% of BKCH and 46.8% of STCE.

Level by level

  • Holdings14 in both38.5%
  • Countryby domicile89.1%
  • Asset classEquity100%

Sector

No Sector split for BKCH.

Country, concentration and asset class

Country by domicile

Country weights in BKCH and STCE, widest gap first
CountryMore in BKCHMore in STCE
AustraliaBKCH +5.7 points
United StatesSTCE +4.1 points
JapanSTCE +3.9 points
IsraelBKCH +2.8 points
Hong KongBKCH +1.7 points
NorwaySTCE +1.5 points
United KingdomSTCE +1.2 points
Other countries (3)BKCH +0.6 points

Concentration

Weight in the 10 largest Holdings

  • BKCH71.4%
  • STCE46.9%

Securities held

  • BKCH33
  • STCE38

Asset class

BKCH
Equity
STCE
Equity

Holdings

  • Only in BKCH19
  • In both14
  • Only in STCE24

Only in BKCH

19 securities, 36.0% of BKCH by weight

  • Circle Internet Group Inc12.28%
  • Hut 8 Corp5.05%
  • Applied Digital Corp3.90%

Only in STCE

24 securities, 53.2% of STCE by weight

  • Strategy Inc Class A4.73%
  • Hive Digital Technologies Ltd4.54%
  • Hyperliquid Strategies Inc4.51%

Weight gaps

All 14 Holdings in both funds, largest gap first.

Holding weights in BKCH and STCE, widest gap first
HoldingMore in BKCHMore in STCE
Coinbase Global Inc -Class ACOINBKCH +10.09 points
Iren LimitedIRENBKCH +6.91 points
Bitmine Immersion TechnologiBMNRBKCH +5.49 points
Bitdeer Technologies Group-ABTDRSTCE +2.82 points
Bit Digital IncBTBTSTCE +1.79 points
Core Scientific IncCORZSTCE +1.20 points
Bakkt IncBKKTSTCE +1.19 points
Cipher Digital IncCIFRBKCH +1.08 points

All 33 BKCH 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.

BKCH vs STCE Cost

Overpaying BKCH vs STCE

$3,830

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

  • BKCH 0.50%

    $9,979

  • STCE 0.30%

    $6,149

$10,000
30 years

Cost over time

  • BKCH 0.50%
  • STCE 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530BKCH $9,979STCE $6,149

Year by year

YearBKCHSTCEOverpaying
10$900$545$355
20$3,460$2,113$1,347
30$9,979$6,149$3,830

Expense ratio

  • 0.50%BKCH
  • 0.30%STCE, cheaper
  • Middle half of Crypto Industry Stocks funds
  • Median 0.66%

STCE cheapest of 20 funds

BKCH 5th cheapest of 20 funds

BKCH vs STCE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BKCH 2.45%, better
STCE 2.40%
Payout (12M)
BKCH $1.22
STCE $1.13
Last payment
BKCH $1.22
STCE $1.13
Ex-dividend
BKCH Dec 30, 2025
STCE Dec 11, 2025
Paid on
BKCH Jan 7, 2026
STCE Dec 16, 2025
Frequency
BKCH Twice a year
STCE Twice a year

Distribution history

Per share, 2021 to 2026, same scale for both

BKCHTwice a year · 9 paymentsAll BKCH payments⁠
One bar per payment. 9 payments from 2021 to 2026 YTD. Dec 30, 2021 $3.74; Jun 29, 2022 $0.14; Dec 29, 2022 $0.03; Jun 29, 2023 $0.19; Dec 28, 2023 $0.89; Jun 27, 2024 $0.14; Dec 30, 2024 $3.76; Jun 27, 2025 $0.06; Dec 30, 2025 $1.22. Use the arrow keys to read each point.$0$2.5020232026YTD
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$2.5020232026YTD

BKCH vs STCE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BKCH 75.8%STCE 62.4%, better
Return per unit of riskSharpe ratio, 3 years
BKCH 0.68STCE 0.70, better
Worst fallMax drawdown, 5 years
BKCH −91.8%STCE −55.6%since Aug 2022
Market sensitivityBeta, 5 years
BKCH 4.08STCE 3.42

BKCH and STCE in the news

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