Data as of .
STCE vs WGMI: which is really different?
STCE and WGMI hold 43% of their weight in the same names, and WGMI 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
43% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, STCE and WGMI hold 43% of their money in the same securities at the same weight.
| Holding | STCE | WGMI |
|---|---|---|
| IREN | 4.74% | 10.09% |
| BITDEER TECHNOLOGIES GROUP CLASS A | 6.58% | 4.69% |
| CLEANSPARK | 5.09% | 4.60% |
| HIVE DIGITAL TECHNOLOGIES LTD | 5.30% | 4.49% |
| MARA HOLDINGS | 4.39% | 4.78% |
| HUT CORP | 4.36% | 10.81% |
| RIOT PLATFORMS | 3.92% | 4.93% |
| CORE SCIENTIFIC INC | 3.93% | 2.85% |
| CIPHER DIGITAL INC | 2.60% | 18.17% |
| APPLIED DIGITAL | 1.14% | 2.95% |
| DIGI POWER X INC | 0.72% | 4.13% |
| GALAXY DIGITAL INC CLASS A | 5.03% | 0.64% |
| Only in STCE | Only in WGMI |
|---|---|
| BITMINE IMMERSION TECHNOLOGIES 5.31% | Keel Infrastructure Corp 10.74% |
| TRUMP MEDIA TECHNOLOGY GROUP 4.53% | Terawulf Inc 2.83% |
| COINBASE GLOBAL INC CLASS A 4.03% | ChronoScale Corp 2.17% |
| ROBINHOOD MARKETS CLASS A 3.60% | Soluna Holdings Inc 2.02% |
| BIT DIGITAL 3.46% | NVIDIA Corp 2.02% |
| STRATEGY INC CLASS A 3.40% | Nebius Group NV 2.00% |
| INTERACTIVE BROKERS GROUP INC CLAS 2.80% | Whitefiber Inc 1.90% |
| BULLISH 2.67% | CoreWeave Inc 0.88% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| STCE | WGMI | STCE | WGMI | STCE | WGMI | |
| 3 months | −9.2% | −31.4% | −11.4 pts | −33.6 pts | −6.7 pts | −28.9 pts |
| 6 months | +31.6% | +31.4% | +13.6 pts | +13.3 pts | +7.4 pts | +7.1 pts |
| 1 year | −4.8% | +20.4% | −21.4 pts | +3.9 pts | −26.6 pts | −1.3 pts |
| 3 years | +255.3% | +380.3% | +176.9 pts | +301.9 pts | +157.2 pts | +282.1 pts |
| Since launch | +194.3% | +84.0% | +99.8 pts | +4.0 pts | +66.5 pts | −22.5 pts |
| STCE Schwab Crypto Thematic ETF Holds 35 stocks in blockchain and crypto equities, 13% of its weight in S&P 500 companies | WGMI CoinShares Bitcoin Mining ETF Holds 27 stocks in blockchain and crypto equities, 2% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Schwab | CoinShares |
| Theme | Blockchain and crypto equities | Blockchain and crypto equities |
| In the S&P 500 | 12.7% | 2.5% |
| Active share vs the S&P 500 | 99.6% | 97.9% |
| In the Nasdaq-100 | 3.2% | 2.0% |
| Holdings | 35 | 27 |
| Top ten, share of the fund | 54.0% | 77.4% |
| Expense ratio | 0.30% | 0.75% |
| Fee for the differing part | 0.30% | 0.77% |
| Total return, 1 year | −4.8% | +20.4% |
| vs the S&P 500 | −21.4 pts | +3.9 pts |
| vs the Nasdaq-100 | −26.6 pts | −1.3 pts |
| Below its high | −32.6% | −31.4% |
| Net assets | $270m | $344m |
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.
WGMI in plain words
By weight, 2% of WGMI'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 77% of the fund across 27 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +20.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 3.9 pts. It sits 31.4% below its all-time high of Jun 18, 2026.
Questions people ask
- Do STCE and WGMI hold the same stocks?
- By their latest filings, 43% 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, STCE or WGMI?
- STCE has 13% of its weight in S&P 500 names and WGMI has 2%, so STCE differs more from the index.
- Which is cheaper, STCE or WGMI?
- STCE charges 0.30% a year and WGMI charges 0.75%, 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, STCE against WGMI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/stce-vs-wgmi Free to use with attribution; the underlying files are at Open data.