Data as of .
BLCK vs STCE: which is really different?
BLCK and STCE hold 50% of their weight in the same names.
ETFIQ Off-Index Score: STCE scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
50% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, BLCK and STCE hold 50% of their money in the same securities at the same weight.
| Holding | BLCK | STCE |
|---|---|---|
| BitMine Immersion Technologies Inc | 5.58% | 5.31% |
| IREN Ltd | 4.44% | 4.74% |
| HUT 8 CORP | 4.93% | 4.36% |
| Coinbase Global Inc | 7.88% | 4.03% |
| Riot Platforms Inc | 4.74% | 3.92% |
| MARA Holdings Inc | 3.80% | 4.39% |
| Robinhood Markets Inc | 4.96% | 3.60% |
| Cleanspark Inc | 3.41% | 5.09% |
| Galaxy Digital Inc | 3.27% | 5.03% |
| Bitdeer Technologies Group | 2.86% | 6.58% |
| Hive Digital Technologies Ltd | 2.84% | 5.30% |
| Cipher Digital Inc | 3.95% | 2.60% |
| Only in BLCK | Only in STCE |
|---|---|
| Circle Internet Group Inc 5.94% | TRUMP MEDIA TECHNOLOGY GROUP 4.53% |
| CME Group Inc 4.74% | STRATEGY INC CLASS A 3.40% |
| Figure Technology Solutions Inc 4.21% | INTERACTIVE BROKERS GROUP INC CLAS 2.80% |
| Terawulf Inc 3.25% | AMERICAN BITCOIN CORP CLASS A 2.15% |
| GPGI Inc 2.48% | WISDOMTREE 1.97% |
| Gemini Space Station Inc 2.32% | MONEX GROUP 1.97% |
| Etoro Group Ltd 2.15% | GMO INTERNET GROUP 1.75% |
| CoinShares PLC 1.98% | BGC GROUP INC CLASS A 1.67% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| BLCK | STCE | BLCK | STCE | BLCK | STCE | |
| 3 months | −6.1% | −9.2% | −8.3 pts | −11.4 pts | −3.6 pts | −6.7 pts |
| 6 months | not published | +31.6% | not published | +13.6 pts | not published | +7.4 pts |
| 1 year | not published | −4.8% | not published | −21.4 pts | not published | −26.6 pts |
| 3 years | not published | +255.3% | not published | +176.9 pts | not published | +157.2 pts |
| Since launch | −9.7% | +194.3% | −14.0 pts | +99.8 pts | −13.5 pts | +66.5 pts |
| BLCK Corgi Crypto Infrastructure ETF Holds 34 stocks in blockchain and crypto equities, 23% of its weight in S&P 500 companies | STCE Schwab Crypto Thematic ETF Holds 35 stocks in blockchain and crypto equities, 13% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Corgi | Schwab |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 23.3% | 12.7% |
| Active share vs the S&P 500 | 99.5% | 99.6% |
| In the Nasdaq-100 | 2.6% | 3.2% |
| Holdings | 34 | 35 |
| Top ten, share of the fund | 51.4% | 54.0% |
| Expense ratio | 0.35% | 0.30% |
| Fee for the differing part | 0.35% | 0.30% |
| Total return, 1 year | −9.7% (since launch on May 6, 2026) | −4.8% |
| vs the S&P 500 | −14.0 pts | −21.4 pts |
| vs the Nasdaq-100 | −13.5 pts | −26.6 pts |
| Below its high | −10.4% | −32.6% |
| Net assets | $512,649 | $270m |
BLCK in plain words
By weight, 23% of BLCK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 51% of the fund across 34 positions, as published by its issuer for Sep 18, 2026. Since it launched on May 6, 2026 the fund returned −9.7% with distributions reinvested against +4.3% for the S&P 500, so a holder was behind by 14.0 pts. It sits 10.4% below its all-time high of May 14, 2026.
STCE in plain words
By weight, 13% of STCE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 54% of the fund across 35 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −4.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 21.4 pts. It sits 32.6% below its all-time high of Oct 15, 2025.
Questions people ask
- Do BLCK and STCE hold the same stocks?
- By their latest filings, 50% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, BLCK or STCE?
- BLCK has 23% of its weight in S&P 500 names and STCE has 13%, so STCE differs more from the index.
- Which is cheaper, BLCK or STCE?
- BLCK charges 0.35% a year and STCE charges 0.30%, so STCE is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, BLCK against STCE, data as of Sep 18, 2026. https://etfiq.com/compare/themes/blck-vs-stce Free to use with attribution; the underlying files are at Open data.