Data as of .
OWNB vs STCE: which is really different?
OWNB and STCE hold 35% of their weight in the same names, and STCE returned more over the year.
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
35% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, OWNB and STCE hold 35% of their money in the same securities at the same weight.
| Holding | OWNB | STCE |
|---|---|---|
| HUT 8 CORP | 5.02% | 5.21% |
| MARA HOLDINGS INC | 9.16% | 4.71% |
| RIOT PLATFORMS INC | 5.49% | 4.62% |
| CLEANSPARK INC | 4.62% | 5.23% |
| AMERICAN BITCOIN CORP | 3.63% | 2.22% |
| STRATEGY INC | 15.79% | 1.96% |
| BLOCK INC | 1.82% | 2.60% |
| CIPHER DIGITAL INC | 1.80% | 3.55% |
| GALAXY DIGITAL INC | 1.77% | 5.69% |
| BULLISH | 4.30% | 1.67% |
| COINBASE GLOBAL INC | 1.58% | 3.10% |
| TRUMP MEDIA & TECHNOLOGY GROUP CORP | 1.52% | 4.05% |
| Only in OWNB | Only in STCE |
|---|---|
| METAPLANET INC 5.88% | Bitdeer Technologies Group 8.24% |
| REMIXPOINT INC 4.94% | Hive Digital Technologies Ltd 5.78% |
| EMPERY DIGITAL INC 4.57% | Core Scientific Inc 5.71% |
| BOYAA INTERACTIVE INTERNATIONAL LTD 3.58% | IREN Ltd 4.75% |
| BLOCKCHAIN GROUP (THE) 3.58% | Bit Digital Inc 3.68% |
| STRIVE INC 3.00% | Robinhood Markets Inc 3.08% |
| KEEL INFRASTRUCTURE CORP 1.84% | BitMine Immersion Technologies Inc 2.78% |
| BITGO HOLDINGS INC 1.79% | Interactive Brokers Group Inc 2.75% |
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.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| OWNB | STCE | OWNB | STCE | OWNB | STCE | |
| 3 months | +12.4% | −9.2% | +10.2 pts | −11.4 pts | +14.9 pts | −6.7 pts |
| 6 months | +33.2% | +31.6% | +15.2 pts | +13.6 pts | +9.0 pts | +7.4 pts |
| 1 year | −35.2% | −4.8% | −51.8 pts | −21.4 pts | −57.0 pts | −26.6 pts |
| 3 years | not published | +255.3% | not published | +176.9 pts | not published | +157.2 pts |
| Since launch | +2.1% | +194.3% | −37.6 pts | +99.8 pts | −52.0 pts | +66.5 pts |
| OWNB Bitwise Bitcoin Standard Corporations ETF Holds 26 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 | |
|---|---|---|
| Issuer | Bitwise | Schwab |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 5.2% | 12.7% |
| Active share vs the S&P 500 | 98.1% | 99.6% |
| In the Nasdaq-100 | 17.6% | 3.2% |
| Holdings | 26 | 35 |
| Top ten, share of the fund | 66.2% | 54.0% |
| Expense ratio | 0.85% | 0.30% |
| Fee for the differing part | 0.87% | 0.30% |
| Total return, 1 year | −35.2% | −4.8% |
| vs the S&P 500 | −51.8 pts | −21.4 pts |
| vs the Nasdaq-100 | −57.0 pts | −26.6 pts |
| Below its high | −40.4% | −32.6% |
| Net assets | $19m | $270m |
OWNB in plain words
By weight, 5% of OWNB'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 66% of the fund across 26 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned −35.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 51.8 pts. It sits 40.4% 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 filed for Jun 30, 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 OWNB and STCE hold the same stocks?
- By their latest filings, 35% 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, OWNB or STCE?
- OWNB has 5% of its weight in S&P 500 names and STCE has 13%, so STCE differs more from the index.
- Which is cheaper, OWNB or STCE?
- OWNB charges 0.85% 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, OWNB against STCE, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ownb-vs-stce Free to use with attribution; the underlying files are at Open data.