NODE vs STBQ: which is really different?

NODE and STBQ hold 11% of their weight in the same names. Onchain Economy ETF and Amplify Stablecoin Technology Leaders ETF.

9.2%
NODE in the S&P 500
17.8%
STBQ in the S&P 500
−3.4%
NODE total return, 1 year
−7.8%
STBQ total return, since launch
NODE · 1 year to Sep 30, 202691% of its weight is outside the S&P 500
91% of its weight is outside the S&P 5009% of NODE's weight is in S&P 500 companies and 91% is outside the index9%91%inof its weight outside the S&P 500active share 98% · top ten 57% of the fund · 40 holdings filed Sep 30, 2026 · Nasdaq-100: 5% in91% of its weight is outside the S&P 5009% of NODE's weight is in S&P 500 companies and 91% is outside the index9%91%inof its weight outside the S&P 500active share 98% · top ten 57% of the fund

9% of NODE's weight is in S&P 500 companies and 91% is outside the index

STBQ · 6 months to Sep 30, 202682% of its weight is outside the S&P 500
82% of its weight is outside the S&P 50018% of STBQ's weight is in S&P 500 companies and 82% is outside the index18%82%in the S&P 500of its weight outside the S&P 500active share 98% · top ten 50% of the fund · 29 holdings filed Oct 1, 2026 · Nasdaq-100: 4% in82% of its weight is outside the S&P 50018% of STBQ's weight is in S&P 500 companies and 82% is outside the index18%82%inof its weight outside the S&P 500active share 98% · top ten 50% of the fund

18% of STBQ's weight is in S&P 500 companies and 82% is outside the index

ETFIQ Off-Index Score · STBQ scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, NODE and STBQ hold 11% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 1, 2026 and Sep 30, 2026.

half

11% in common

Positions both hold, largest shared weight first
Holding NODE STBQ
Figure Technology Solutions Inc 5.23% 2.75%
Circle Internet Group Inc 2.67% 3.20%
Galaxy Digital Inc 2.11% 3.30%
Block Inc 1.90% 3.39%
Coinbase Global Inc 1.50% 3.87%
Only in NODE
VanEck Bitcoin ETF 16.90%
Iren Ltd 5.32%
Hut 8 Corp 5.18%
Cipher Mining Inc 4.80%
Terawulf Inc 4.65%
Cleanspark Inc 4.10%
Riot Platforms Inc 3.87%
Mara Holdings Inc 3.44%
Only in STBQ
Stablecoinx Inc 8.09%
Grayscale Chainlink Trust ETF 5.69%
Bitwise Solana Staking ETF 5.46%
Invesco Government & Agency Portfolio 12/31/2031 5.43%
iShares Ethereum Trust ETF 5.14%
Bitwise XRP ETF 5.04%
Marqeta Inc 3.89%
Gemini Space Station Inc 3.68%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

11% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowNODESTBQNODESTBQNODESTBQ
3 months−7.2%+13.3%−9.7 pts+10.8 pts−9.3 pts+11.2 pts
6 months+19.9%+18.2%+3.0 pts+1.2 pts−6.9 pts−8.7 pts
1 year−3.4%not published−19.1 ptsnot published−27.2 ptsnot published
Since launch
NODE May 2025 · STBQ Dec 2025
+48.9%−7.8%+17.0 pts−19.5 pts+5.3 pts−27.1 pts

NODE and STBQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

NODE
Onchain Economy ETF · Holds 40 stocks in stablecoins and tokenisation, 9% of its weight in S&P 500 companies
STBQ
Amplify Stablecoin Technology Leaders ETF · Holds 29 stocks in stablecoins and tokenisation, 18% of its weight in S&P 500 companies
Issuer VanEck Amplify
Theme Stablecoins and tokenisation Stablecoins and tokenisation
In the S&P 500 9.2% 17.8%
Active share vs the S&P 500 98.2% 98.3%
In the Nasdaq-100 4.7% 3.7%
Holdings 40 29
Top ten, share of the fund 56.9% 49.9%
Expense ratio 0.67% 0.69%
Fee for the differing part 0.68% 0.70%
Total return, 1 year −3.4% −7.8% (since launch on Dec 23, 2025)
vs the S&P 500 −19.1 pts −19.5 pts
vs the Nasdaq-100 −27.2 pts −27.1 pts
Below its high −17.6% −14.1%
Net assets $71m $2m

NODE and STBQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

NODE in plain words

By weight, 9% of NODE'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 57% of the fund across 40 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −3.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 19.1 pts. It sits 17.6% below its all-time high of Jun 1, 2026.

STBQ in plain words

By weight, 18% of STBQ'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 50% of the fund across 29 positions, as published by its issuer for Oct 1, 2026. Since it launched on Dec 23, 2025 the fund returned −7.8% with distributions reinvested against +11.7% for the S&P 500, so a holder was behind by 19.5 pts. It sits 14.1% below its all-time high of Jan 14, 2026.

Questions people ask

Do NODE and STBQ hold the same stocks?
By their latest filings, 11% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, NODE or STBQ?
NODE has 9% of its weight in S&P 500 names and STBQ has 18%, so STBQ differs more from the index.
Which is cheaper, NODE or STBQ?
NODE charges 0.67% a year and STBQ charges 0.69%, so NODE is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, NODE against STBQ, data as of Sep 30, 2026. https://etfiq.com/compare/themes/node-vs-stbq

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.