Data as of .
DAPP vs STCE: which is really different?
DAPP and STCE hold 45% of their weight in the same names, and DAPP returned more over the year.
ETFIQ Off-Index Score: DAPP 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
45% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, DAPP and STCE hold 45% of their money in the same securities at the same weight.
| Holding | DAPP | STCE |
|---|---|---|
| Bitmine Immersion Technologies Inc | 6.18% | 5.31% |
| Iren Ltd | 6.42% | 4.74% |
| Cleanspark Inc | 4.71% | 5.09% |
| Bitdeer Technologies Group | 4.54% | 6.58% |
| Mara Holdings Inc | 4.80% | 4.39% |
| Hut 8 Corp | 5.44% | 4.36% |
| Galaxy Digital Inc | 4.24% | 5.03% |
| Coinbase Global Inc | 8.54% | 4.03% |
| Core Scientific Inc | 4.30% | 3.93% |
| Riot Platforms Inc | 5.17% | 3.92% |
| Strategy Inc | 5.01% | 3.40% |
| Bullish | 4.06% | 2.67% |
| Only in DAPP | Only in STCE |
|---|---|
| Circle Internet Group Inc 6.63% | HIVE DIGITAL TECHNOLOGIES LTD 5.30% |
| Terawulf Inc 4.29% | TRUMP MEDIA TECHNOLOGY GROUP 4.53% |
| Figure Technology Solutions Inc 4.02% | ROBINHOOD MARKETS CLASS A 3.60% |
| Metaplanet Inc 3.18% | BIT DIGITAL 3.46% |
| Bc Technology Group Ltd 1.87% | INTERACTIVE BROKERS GROUP INC CLAS 2.80% |
| AMERICAN BITCOIN CORP CLASS A 2.15% | |
| WISDOMTREE 1.97% | |
| MONEX GROUP 1.97% |
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 | |||
|---|---|---|---|---|---|---|
| DAPP | STCE | DAPP | STCE | DAPP | STCE | |
| 3 months | −5.0% | −9.2% | −7.3 pts | −11.4 pts | −2.6 pts | −6.7 pts |
| 6 months | +29.7% | +31.6% | +11.7 pts | +13.6 pts | +5.5 pts | +7.4 pts |
| 1 year | −3.6% | −4.8% | −20.2 pts | −21.4 pts | −25.4 pts | −26.6 pts |
| 3 years | +266.1% | +255.3% | +187.7 pts | +176.9 pts | +167.9 pts | +157.2 pts |
| Since launch | −27.9% | +194.3% | −127.1 pts | +99.8 pts | −149.0 pts | +66.5 pts |
| DAPP VanEck Digital Transformation ETF Holds 20 stocks in blockchain and crypto equities, 19% 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 | VanEck | Schwab |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 18.6% | 12.7% |
| Active share vs the S&P 500 | 99.9% | 99.6% |
| In the Nasdaq-100 | 5.3% | 3.2% |
| Holdings | 20 | 35 |
| Top ten, share of the fund | 65.6% | 54.0% |
| Expense ratio | 0.52% | 0.30% |
| Fee for the differing part | 0.52% | 0.30% |
| Total return, 1 year | −3.6% | −4.8% |
| vs the S&P 500 | −20.2 pts | −21.4 pts |
| vs the Nasdaq-100 | −25.4 pts | −26.6 pts |
| Below its high | −30.2% | −32.6% |
| Net assets | $480m | $270m |
DAPP in plain words
By weight, 19% of DAPP'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 66% of the fund across 20 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −3.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 20.2 pts. It sits 30.2% below its all-time high of Nov 9, 2021.
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 DAPP and STCE hold the same stocks?
- By their latest filings, 45% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, DAPP or STCE?
- DAPP has 19% of its weight in S&P 500 names and STCE has 13%, so DAPP differs more from the index.
- Which is cheaper, DAPP or STCE?
- DAPP charges 0.52% 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, DAPP against STCE, data as of Sep 18, 2026. https://etfiq.com/compare/themes/dapp-vs-stce Free to use with attribution; the underlying files are at Open data.