STBQ vs TCAN: which is really different?

STBQ and TCAN hold 0% of their weight in the same names. Amplify Stablecoin Technology Leaders ETF and 21Shares Canton Network ETF.

17.8%
STBQ in the S&P 500
0.0%
TCAN in the S&P 500
−7.8%
STBQ total return, since launch
−13.6%
TCAN total return, since launch
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

TCAN · 3 months to Sep 30, 2026100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of TCAN's weight is in S&P 500 companies and 100% is outside the index0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund · 2 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of TCAN's weight is in S&P 500 companies and 100% is outside the index0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 100% of the fund

0% of TCAN's weight is in S&P 500 companies and 100% is outside the index

ETFIQ Off-Index Score · TCAN 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, STBQ and TCAN hold 0% 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 Jun 30, 2026 and Oct 1, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding STBQ TCAN
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%
Coinbase Global Inc 3.87%
Only in TCAN
21Shares AG 53.31%
Canton Coin 46.69%

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

0% 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
WindowSTBQTCANSTBQTCANSTBQTCAN
3 months+13.3%−10.4%+10.8 pts−12.9 pts+11.2 pts−12.5 pts
6 months+18.2%not published+1.2 ptsnot published−8.7 ptsnot published
Since launch
STBQ Dec 2025 · TCAN May 2026
−7.8%−13.6%−19.5 pts−18.3 pts−27.1 pts−20.3 pts

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

On the same fields

STBQ
Amplify Stablecoin Technology Leaders ETF · Holds 29 stocks in stablecoins and tokenisation, 18% of its weight in S&P 500 companies
TCAN
21Shares Canton Network ETF · Holds 2 stocks in stablecoins and tokenisation, 0% of its weight in S&P 500 companies
Issuer Amplify 21Shares
Theme Stablecoins and tokenisation Stablecoins and tokenisation
In the S&P 500 17.8% 0.0%
Active share vs the S&P 500 98.3% 100.0%
In the Nasdaq-100 3.7% 0.0%
Holdings 29 2
Top ten, share of the fund 49.9% 100.0%
Expense ratio 0.69% 0.50%
Fee for the differing part 0.70% 0.50%
Total return, 1 year −7.8% (since launch on Dec 23, 2025) −13.6% (since launch on May 7, 2026)
vs the S&P 500 −19.5 pts −18.3 pts
vs the Nasdaq-100 −27.1 pts −20.3 pts
Below its high −14.1% −24.6%
Net assets $2m $9m

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

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.

TCAN in plain words

By weight, 0% of TCAN'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 100% of the fund across 2 positions, as filed for Jun 30, 2026. Since it launched on May 7, 2026 the fund returned −13.6% with distributions reinvested against +4.8% for the S&P 500, so a holder was behind by 18.3 pts. It sits 24.6% below its all-time high of May 15, 2026.

Questions people ask

Do STBQ and TCAN hold the same stocks?
By their latest filings, 0% 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, STBQ or TCAN?
STBQ has 18% of its weight in S&P 500 names and TCAN has 0%, so TCAN differs more from the index.
Which is cheaper, STBQ or TCAN?
STBQ charges 0.69% a year and TCAN charges 0.50%, so TCAN is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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