Schwab Crypto Thematic ETF
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.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +1.9% so far this year. At 0.30% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | +7.0% |
| 1 month | -2.4% |
| 3 months | -11.8% |
| 6 months | +16.8% |
| YTD | +1.9% |
| 1 year | +16.0% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat STCE on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IBIT iShares Bitcoin Trust | 0.12% | $64.8B | — | -18bp on fee · 1623× the assets | Head-to-head |
| FBTC FIDELITY WISE ORIGIN BITCOIN FUND | — | $7.8B | — | 194× the assets | Head-to-head |
| EWN iShares MSCI Netherlands ETF | 0.50% | $745M | +$142M | 19× the assets · +$142M in over the month | Head-to-head |
| BITO ProShares Bitcoin Strategy ETF | 0.95% | $1.8B | — | 44× the assets | Head-to-head |