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Data as of .

MNRS vs STCE: which is really different?

MNRS and STCE hold 52% of their weight in the same names, and MNRS returned more over the year.

Grayscale Bitcoin Miners ETF and Schwab Crypto Thematic ETF.

5.0%MNRS in the S&P 500
12.7%STCE in the S&P 500
−2.3%MNRS total return, 1 year
−4.8%STCE total return, 1 year

ETFIQ Off-Index Score: STCE scores higher

How much of it is not the index it is sold as an alternative to?

MNRS 44.5STCE 71.40.1, the lowest in this set91.8, the highest

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

MNRS95% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
5%95%inof its weight outside the S&P 500active share 98% · top ten 76% of the fund · 24 holdings filed Jun 30, 2026 · Nasdaq-100: 2% in5%95%5% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 98% · top ten 76% of the fund
STCE87% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
13%87%inof its weight outside the S&P 500active share 100% · top ten 54% of the fund · 35 holdings filed Jun 30, 2026 · Nasdaq-100: 3% in13%87%inof its weight outside the S&P 500active share 100% · top ten 54% of the fund

52% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, MNRS and STCE hold 52% of their money in the same securities at the same weight.

Positions MNRS and STCE both hold, largest shared weight first
HoldingMNRSSTCE
Bitdeer Technologies Group5.42%6.58%
Hive Digital Technologies Ltd5.11%5.30%
IREN Ltd11.29%4.74%
MARA Holdings Inc4.60%4.39%
Hut 8 Corp15.13%4.36%
Cleanspark Inc4.30%5.09%
Core Scientific Inc4.55%3.93%
Riot Platforms Inc5.62%3.92%
Bit Digital Inc3.38%3.46%
Cipher Digital Inc4.85%2.60%
Block Inc2.58%2.55%
Applied Digital Corp12.39%1.14%
Only in each
Only in MNRSOnly in STCE
Keel Infrastructure Corp 7.33%BITMINE IMMERSION TECHNOLOGIES 5.31%
Terawulf Inc 4.50%GALAXY DIGITAL INC CLASS A 5.03%
NVIDIA Corp 2.37%TRUMP MEDIA TECHNOLOGY GROUP 4.53%
Soluna Holdings Inc 0.65%COINBASE GLOBAL INC CLASS A 4.03%
Cango Inc/KY 0.50%ROBINHOOD MARKETS CLASS A 3.60%
Crypto Flow Technology Ltd 0.48%STRATEGY INC CLASS A 3.40%
The9 Ltd 0.41%INTERACTIVE BROKERS GROUP INC CLAS 2.80%
BitFuFu Inc 0.20%BULLISH 2.67%

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 Jun 30, 2026 and Sep 18, 2026.

Performance, window by window

MNRS and STCE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
MNRSSTCEMNRSSTCEMNRSSTCE
3 months−22.6%−9.2%−24.8 pts−11.4 pts−20.1 pts−6.7 pts
6 months+36.0%+31.6%+18.0 pts+13.6 pts+11.8 pts+7.4 pts
1 year−2.3%−4.8%−18.9 pts−21.4 pts−24.1 pts−26.6 pts
3 yearsnot published+255.3%not published+176.9 ptsnot published+157.2 pts
Since launch+41.2%+194.3%+12.8 pts+99.8 pts+2.2 pts+66.5 pts
Open the live comparison on ETFIQ
MNRS and STCE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
MNRS
Grayscale Bitcoin Miners ETF
Holds 24 stocks in blockchain and crypto equities, 5% 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
IssuerGrayscaleSchwab
ThemeBlockchain and crypto equitiesBlockchain and crypto equities
In the S&P 5005.0%12.7%
Active share vs the S&P 50097.6%99.6%
In the Nasdaq-1002.4%3.2%
Holdings2435
Top ten, share of the fund76.3%54.0%
Expense ratio0.59%0.30%
Fee for the differing part0.60%0.30%
Total return, 1 year−2.3%−4.8%
vs the S&P 500−18.9 pts−21.4 pts
vs the Nasdaq-100−24.1 pts−26.6 pts
Below its high−30.9%−32.6%
Net assets$16m$270m

MNRS in plain words

By weight, 5% of MNRS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 76% of the fund across 24 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −2.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 18.9 pts. It sits 30.9% below its all-time high of Oct 15, 2025.

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 MNRS and STCE hold the same stocks?
By their latest filings, 52% 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, MNRS or STCE?
MNRS has 5% of its weight in S&P 500 names and STCE has 13%, so STCE differs more from the index.
Which is cheaper, MNRS or STCE?
MNRS charges 0.59% 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.

MNRS against STCE, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, MNRS against STCE, data as of Sep 18, 2026. https://etfiq.com/compare/themes/mnrs-vs-stce Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources