STCE

Schwab Crypto Thematic ETF

$67.12
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Schwab Crypto Thematic ETF seeks to provide investment results that track the performance of the Schwab Crypto Thematic Index, which is designed to measure the performance of companies involved in the development and utilization of cryptocurrencies and blockchain technology.

Overview

ETF tracking Schwab Crypto Thematic ETF

Category Crypto
Issuer Charles Schwab
Inception Date 2022-08-04
Market Cap $248.3M
Average Volume N/A
Dividend Yield 0.44%
52-Week Range $29.00 - $108.09
VWAP $68.10

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Schwab Crypto Thematic ETF seeks to provide investment results that track the performance of the Schwab Crypto Thematic Index, which is designed to measure the performance of companies involved in the development and utilization of cryptocurrencies and blockchain technology.

🎯 Investment Strategy

The ETF invests in a portfolio of companies that are involved in the cryptocurrency and blockchain industry, such as cryptocurrency exchanges, crypto mining companies, and companies that provide blockchain-related services. The fund seeks to replicate the performance of the underlying index by holding the same securities in similar weightings.

✨ Key Features

  • Exposure to the growing cryptocurrency and blockchain industry
  • Diversified portfolio of companies involved in the crypto ecosystem
  • Passively managed to track the performance of the Schwab Crypto Thematic Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • High volatility and speculative nature of the cryptocurrency and blockchain industry
  • Potential regulatory changes that could impact the industry
  • Concentration risk as the fund is focused on a specific sector
  • Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

The Schwab Crypto Thematic ETF may be suitable for investors with a high-risk tolerance who are looking to gain exposure to the cryptocurrency and blockchain industry as part of a diversified portfolio. Investors should be aware of the significant volatility and speculative nature of this sector and should only invest a small portion of their overall portfolio in this type of fund.