ETF Evaluator:
Schwab Crypto Thmtc NatrlLngugePrcsngETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Equity Digital Assets Over the Last Year
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| 29.1% | Grayscale Bitcoin Miners ETF (MNRS) |
| 20.3% | VanEck Onchain Economy ETF (NODE) |
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ETF Details
Schwab Crypto Thmtc NatrlLngugePrcsngETF Overview
Schwab Crypto Thmtc NatrlLngugePrcsngETF (STCE) is a passively managed Sector Equity Equity Digital Assets exchange-traded fund (ETF). Schwab ETFs launched the ETF in 2022.
The investment seeks to track as closely as possible, before fees and expenses, the total return of the Schwab Crypto Thematic 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.
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.
About Schwab Crypto Thmtc NatrlLngugePrcsngETF (STCE)
There are 4 members of the management team with an average tenure of 3.25 years: Christopher Bliss (2022), David Rios (2022), Joselle Duncan (2023) and Mariela Jobson (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Schwab Crypto Thematic NR USD index with a weighting of 100%. Schwab Crypto Thmtc NatrlLngugePrcsngETF has 42 securities in its portfolio. The top 10 holdings constitute 50.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Schwab Crypto Thmtc NatrlLngugePrcsngETF is part of the Equity global asset class and is within the Sector Equity ETF group. Schwab Crypto Thmtc NatrlLngugePrcsngETF has 18.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 81.7% There is 18.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Schwab Crypto Thmtc NatrlLngugePrcsngETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $224 million in total assets, which is above the $181 million average for the Equity Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
STCE Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Schwab Crypto Thmtc NatrlLngugePrcsngETF expense ratio is below average compared to funds in the Equity Digital Assets category. Schwab Crypto Thmtc NatrlLngugePrcsngETF has an expense ratio of 0.30%, which is 55% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Schwab Crypto Thmtc NatrlLngugePrcsngETF has a portfolio turnover rate of 60%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 91% for the Equity Digital Assets category.
Recently, in the month of July 2026, Schwab Crypto Thmtc NatrlLngugePrcsngETF returned -10.7%, which earned it a grade of D, as the Equity Digital Assets category had an average return of -8.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Schwab Crypto Thmtc NatrlLngugePrcsngETF has a trailing yield of 1.81%, which is below the 5.75% category average.
The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Schwab Crypto Thmtc NatrlLngugePrcsngETF Grades
Year to date, the ETF has returned 4.0%, 5.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 15.7% over the past year (grade of B) and 33.3% over the past three years (grade of B).
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STCE Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| STCE Return (NAV) | -10.7% | -3.9% | 15.7% | 33.3% | na | na |
| STCE Return (Price) | -10.7% | -3.8% | 15.7% | 33.3% | na | na |
| NAV +/- Price Return | -0.034% | -0.072% | 0.039% | 0.084% | na | na |
| Equity Digital Assets Avg | -8.3% | -2.1% | 14.8% | 28.7% | 0.9% | na |
| STCE Grade (NAV) | D | C | B | B | na | na |
| +/- Category (NAV) | -2.4% | -1.7% | 0.9% | 4.7% | na | na |
| STCE Tax-Cost Ratio | na | na | 0.6% | 0.3% | na | na |
STCE Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| STCE Return (NAV) | 4.0% | 36.4% | 41.9% | 108.7% | na | na | na | na | na | na | na |
| STCE Return (Price) | 4.2% | 36.1% | 41.8% | 108.7% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.049% | -0.008% | -0.004% | -0.000% | na | na | na | na | na | na | na |
| Equity Digital Assets Avg | 9.3% | 25.2% | 41.5% | 213.3% | -78.9% | 31.6% | 88.2% | 29.2% | na | na | na |
| STCE Grade (NAV) | D | A | D | F | na | na | na | na | na | na | na |
| +/- Category | -5.3% | 11.2% | 0.5% | -104.7% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 3.41 |
| R-Squared: | 49% |
| Standard Deviation: | 61.7% |
| Category Risk Index: | 0.95 |
| Category Risk Rating: | Average |
| Total Risk Index: | 5.03 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 1.8% |
| Total Assets: | $ 225 Mil |
| Share Class Assets: | $ 225 Mil |
| Turnover: | 60.0% |
| Expense Ratio: | 0.30% |
| Index Fund: | Yes |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 4.0 years | |||
| Average Tenure: 3.3 years | |||
| Managers (Year): Bliss Christopher (2022), Rios David (2022), Duncan Joselle (2023), Jobson Mariela (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 42 |
| % in Top 10 Holdings: | 50.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 18.1% |
Portfolio Allocation |
|
| Domestic Stock: | 81.7% |
| Foreign Stock: | 18.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Schwab ETFs |
| Phone Number: | 877-824-5615 |
| Website: | www.csimfunds.com. |
| Inception Date: | August 3, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.30% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.67% |
