Schwab Crypto Thematic ETF
Summary
Objective
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.
Highlights
- Low-cost fund offering intra-day trading and potential tax efficiency
- Serves as a complement/diversifier to core exposures
- Potential to benefit from the increased adoption of cryptocurrencies both as a store of value and medium of exchange without owning cryptocurrencies like bitcoin directly and other digital assets
- Provides exposure to the growing crypto ecosystem through investing in companies that are focused on servicing the cryptocurrency market, including but not limited to: mining, trading, banking, or implementing applications of blockchain technology
As of November 28, 2022, the Schwab Crypto Thematic Index’s maximum threshold for companies with greater than or equal to 15% of revenue from securities related business has been lowered from 3.5% to 3.0%. Please see the Schwab Crypto Thematic Index Methodology Document for details.
Fund Details
Quote Details
- Today's Opening Value--
- Today's Volume (shares)3,175
- Previous Close Value--
- Median Bid/Ask Spread0.14%08/23/2023 - 09/22/2023
- Bid/Ask Midpoint$19.75As of 09/22/2023
- Premium/Discount0.27%As of 09/22/2023
Fund Profile
| Fund Inception | 08/04/2022 | |
|---|---|---|
| Total Net Assets As of 09/22/2023
|
09/22/2023 | $10,608,711.55 |
| Expense Ratio | 0.300% | |
| Index Name | Schwab Crypto Thematic Index (Net) | |
| Shares Outstanding As of 09/22/2023
|
09/22/2023 | 550,000 |
| NAV As of 09/22/2023
|
09/22/2023 | $19.29 |
| Total Holdings As of 09/22/2023
|
09/22/2023 | 41 |
| Portfolio Turnover Rate As of 08/31/2023
|
08/31/2023 | 50.18% |
| Morningstar Category | Digital Assets | |
| Management Style | Passive | |
| CUSIP | 808524656 | |
| Exchange | NYSE Arca, Inc. |
Yields
| SEC Yield (30 Day) As of 09/21/2023
|
09/21/2023 | 0.28% |
|---|---|---|
| Distribution Yield (TTM) As of 08/31/2023
|
08/31/2023 | 1.12% |
Fees & Minimum
| Gross Expense Ratio | 0.300% | |
|---|---|---|
| Net Expense Ratio | 0.300% |
Fund Characteristics
| Weighted Average Market Capitalization As of 06/30/2023
|
06/30/2023 | $32.25B |
|---|---|---|
| Price to Earnings Ratio As of 06/30/2023
|
06/30/2023 | 19.53 |
| Price to Cash Flow As of 06/30/2023
|
06/30/2023 | 11.16 |
| Return on Equity As of 06/30/2023
|
06/30/2023 | -7.87% |
| Price to Book Ratio As of 06/30/2023
|
06/30/2023 | 2.30 |
| Beta vs. Benchmark (3 Yr) | -- | |
| Standard Deviation (3 Yr) | -- |
Performance
Total Return
Monthly
-
STCE Market Price
Cumulative Returns (%)
- 1 Month
- -18.33
- 3 Month
- +10.07
- YTD
- +44.79
Annualized Returns (%)
- 1 Year
- +0.17
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- -9.63
-
STCE NAV
Cumulative Returns (%)
- 1 Month
- -18.47
- 3 Month
- +9.83
- YTD
- +44.43
Annualized Returns (%)
- 1 Year
- -0.19
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- -9.89
-
Schwab Crypto Thematic Index (Net) (Index)
Cumulative Returns (%)
- 1 Month
- -18.47
- 3 Month
- +9.95
- YTD
- +44.74
Annualized Returns (%)
- 1 Year
- -0.46
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
-
MSCI ACWI Index (Net) (Index)
Cumulative Returns (%)
- 1 Month
- -2.79
- 3 Month
- +6.61
- YTD
- +14.80
Annualized Returns (%)
- 1 Year
- +13.95
- 3 Year
- +7.23
- 5 Year
- +7.46
- 10 Year
- +8.56
-
Digital Assets (Morningstar Category)
Cumulative Returns (%)
- 1 Month
- -13.99
- 3 Month
- +0.46
- YTD
- +47.74
Annualized Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Cumulative Returns (%) | Annualized Returns (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| STCE Market Price | -18.33 | +10.07 | +44.79 | +0.17 | -- | -- | -- | -9.63 | |
| STCE NAV | -18.47 | +9.83 | +44.43 | -0.19 | -- | -- | -- | -9.89 | |
| Schwab Crypto Thematic Index (Net) (Index) | -18.47 | +9.95 | +44.74 | -0.46 | -- | -- | -- | ||
| MSCI ACWI Index (Net) (Index) | -2.79 | +6.61 | +14.80 | +13.95 | +7.23 | +7.46 | +8.56 | ||
| Digital Assets (Morningstar Category) | -13.99 | +0.46 | +47.74 | -- | -- | -- | -- | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Quarterly
-
STCE Market Price
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- --
-
STCE NAV
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- --
-
Schwab Crypto Thematic Index (Net) (Index)
Average Annual Returns (%)
- 1 Year
- +22.97
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
-
MSCI ACWI Index (Net) (Index)
Average Annual Returns (%)
- 1 Year
- +16.53
- 3 Year
- +10.99
- 5 Year
- +8.10
- 10 Year
- +8.75
-
Digital Assets (Morningstar Category)
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| STCE Market Price | -- | -- | -- | -- | -- | |
| STCE NAV | -- | -- | -- | -- | -- | |
| Schwab Crypto Thematic Index (Net) (Index) | +22.97 | -- | -- | -- | ||
| MSCI ACWI Index (Net) (Index) | +16.53 | +10.99 | +8.10 | +8.75 | ||
| Digital Assets (Morningstar Category) | -- | -- | -- | -- | ||
Annualized returns for periods 1 yr+/cumulative returns for periods less than 1 yr.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
After Tax Returns
Pre-Liquidation
STCE NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- -10.87
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- -6.17
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.58
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -- | -- | -- | -- | -10.87 | |
| SEC Post-Liquidation | -- | -- | -- | -- | -6.17 | |
| Tax Cost Ratio | -- | -- | -- | -- | +0.58 | |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Digital Assets NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +24.34
- 3 Year
- +24.30
- 5 Year
- +5.69
- 10 Year
- --
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +14.70
- 3 Year
- +20.25
- 5 Year
- +5.61
- 10 Year
- --
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +24.34 | +24.30 | +5.69 | -- | ||
| SEC Post-Liquidation | +14.70 | +20.25 | +5.61 | -- | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Post-Liquidation
STCE NAV Return
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- -10.87
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- -6.17
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
- Inception
- +0.58
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | -- | -- | -- | -- | -10.87 | |
| SEC Post-Liquidation | -- | -- | -- | -- | -6.17 | |
| Tax Cost Ratio | -- | -- | -- | -- | +0.58 | |
After tax returns are based on highest Federal income tax bracket and depend on the investor's tax situation and may differ from those shown, and the after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. State and local taxes are not included. Pre-liquidation figures include taxes on fund's distributions of dividends and capital gains. Tax Cost Ratio represents the percentage-point reduction in returns that results from Federal income taxes (before shares in the fund are sold, and assuming the highest Federal tax bracket).
Digital Assets NAV Returns (Morningstar Category)
-
SEC Pre-Liquidation
Average Annual Returns (%)
- 1 Year
- +24.34
- 3 Year
- +24.30
- 5 Year
- +5.69
- 10 Year
- --
-
SEC Post-Liquidation
Average Annual Returns (%)
- 1 Year
- +14.70
- 3 Year
- +20.25
- 5 Year
- +5.61
- 10 Year
- --
-
Tax Cost Ratio
Average Annual Returns (%)
- 1 Year
- --
- 3 Year
- --
- 5 Year
- --
- 10 Year
- --
| Description | Average Annual Returns (%) | |||||
|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | 10 Year | Inception | ||
| SEC Pre-Liquidation | +24.34 | +24.30 | +5.69 | -- | ||
| SEC Post-Liquidation | +14.70 | +20.25 | +5.61 | -- | ||
| Tax Cost Ratio | -- | -- | -- | -- | ||
Cumulative Growth of a $10,000 Investment
| STCE (Fund) | $9,981 | |
|---|---|---|
| Schwab Crypto Thematic Index (Index) | $9,954 | |
| MSCI ACWI Index (Net) (Index) | $11,395 | |
| Digital Assets (Morningstar Category) | $9,831 | |
| Worst Three Months Return (9/30/2022 - 12/31/2022) | -22.13 | |
| Best Three Months Return (4/30/2023 - 7/31/2023) | +32.34 |
This graph represents the growth of a hypothetical investment of $10,000. It assumes reinvestment of dividends and capital gains, and does not reflect sales loads, redemption fees, if applicable, or the effects of taxes on any capital gains and/or distributions. If the inception date of the Index is less than the time period shown above, the Since Inception period is shown. Best and Worst Return cover the timeframe of the chart.
Price Performance
Premium/Discount
-
Days traded at Premium
- ITD
- --
- 2023 Q1
- --
- 2023 Q2
- --
-
Days traded at Discount
- ITD
- --
- 2023 Q1
- --
- 2023 Q2
- --
| ITD | 2023 Q1 | 2023 Q2 | ||
|---|---|---|---|---|
| Days traded at Premium | -- | -- | -- | |
| Days traded at Discount | -- | -- | -- |
Portfolio
Top Holdings
-
COIN
- Name
- COINBASE GLOBAL INC CLASS A
- Percent of Assets (%)
- 8.31%
- Market Value
- $900.3K
-
MSTR
- Name
- MICROSTRATEGY INC CLASS A
- Percent of Assets (%)
- 7.79%
- Market Value
- $843.5K
-
MARA
- Name
- MARATHON DIGITAL HOLDINGS INC
- Percent of Assets (%)
- 7.02%
- Market Value
- $760.4K
-
RIOT
- Name
- RIOT PLATFORMS INC
- Percent of Assets (%)
- 6.34%
- Market Value
- $687.0K
-
CLSK
- Name
- CLEANSPARK INC
- Percent of Assets (%)
- 5.63%
- Market Value
- $609.9K
-
PYPL
- Name
- PAYPAL HOLDINGS INC
- Percent of Assets (%)
- 4.31%
- Market Value
- $466.6K
-
SQ
- Name
- BLOCK INC CLASS A
- Percent of Assets (%)
- 4.27%
- Market Value
- $462.5K
-
HUT
- Name
- HUT MINING CORP
- Percent of Assets (%)
- 3.91%
- Market Value
- $424.1K
-
CBOE
- Name
- CBOE GLOBAL MARKETS INC
- Percent of Assets (%)
- 3.48%
- Market Value
- $376.7K
-
XP
- Name
- XP CLASS A INC
- Percent of Assets (%)
- 3.30%
- Market Value
- $357.8K
| Symbol | Name | Percent of Assets (%) | Market Value | ||
|---|---|---|---|---|---|
| COIN | COINBASE GLOBAL INC CLASS A | 8.31%
|
$900.3K | ||
| MSTR | MICROSTRATEGY INC CLASS A | 7.79%
|
$843.5K | ||
| MARA | MARATHON DIGITAL HOLDINGS INC | 7.02%
|
$760.4K | ||
| RIOT | RIOT PLATFORMS INC | 6.34%
|
$687.0K | ||
| CLSK | CLEANSPARK INC | 5.63%
|
$609.9K | ||
| PYPL | PAYPAL HOLDINGS INC | 4.31%
|
$466.6K | ||
| SQ | BLOCK INC CLASS A | 4.27%
|
$462.5K | ||
| HUT | HUT MINING CORP | 3.91%
|
$424.1K | ||
| CBOE | CBOE GLOBAL MARKETS INC | 3.48%
|
$376.7K | ||
| XP | XP CLASS A INC | 3.30%
|
$357.8K |
Sectors
| Sector | Percent of Portfolio (%) | |
|---|---|---|
| Financials | 53.82%
|
|
| Information Technology | 37.49%
|
|
| Consumer Discretionary | 6.23%
|
|
| Communication Services | 2.46%
|
Allocations are subject to change.
Country
| Country | Percent of Portfolio (%) | |
|---|---|---|
| United States | 83.76%
|
|
| Japan | 8.18%
|
|
| Canada | 6.83%
|
|
| United Kingdom | 1.23%
|
Country Breakdown is calculated only by country of domicile.
Asset Allocation
| Asset Class | Percent of Portfolio (%) | |
|---|---|---|
| Stocks | 99.84%
|
|
| Cash Investments | 0.16%
|
The percentage of assets as shown may not equal 100% due to unsettled trades.
Market Cap
| Market Cap | Percent of Portfolio (%) | |
|---|---|---|
| $3,000-$15,000 M | 36.35%
|
|
| $1,000-$3,000 M | 27.77%
|
|
| $15,000-$70,000 M | 16.95%
|
|
| <$1,000 M | 12.40%
|
|
| > $70,000 M | 6.53%
|
Distributions
Distributions
-
Ex-Date: 06/21/2023
- Record Date
- 06/22/2023
- Payable Date
- 06/26/2023
- Income
- 0.0239
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.023900000
-
Ex-Date: 12/07/2022
- Record Date
- 12/08/2022
- Payable Date
- 12/12/2022
- Income
- 0.2229
- Short Term Capital Gain
- 0.0000
- Long Term Capital Gain
- 0.0000
- Return of Capital
- --
- Total Distribution
- 0.222900000
| Ex-Date | Record Date | Payable Date | Income | Short Term Capital Gain | Long Term Capital Gain | Return of Capital | Total Distribution | ||
|---|---|---|---|---|---|---|---|---|---|
| 06/21/2023 | 06/22/2023 | 06/26/2023 | 0.0239 | 0.0000 | 0.0000 | -- | 0.023900000 | ||
| 12/07/2022 | 12/08/2022 | 12/12/2022 | 0.2229 | 0.0000 | 0.0000 | -- | 0.222900000 |