DAVV.DE vs. STCE

Last updated Jun 4, 2026

DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) and STCE (Schwab Crypto Thematic ETF) are both exchange-traded funds - DAVV.DE is a Technology Equities fund tracking the MVIS Global Digital Assets Equity, while STCE is a Blockchain fund tracking the Schwab Crypto Thematic Index. Both are passively managed. Over the past 3 years, DAVV.DE returned 52.88%/yr vs 53.85%/yr for STCE. A 0.63 correlation means they provide meaningful diversification when combined. DAVV.DE charges 0.65%/yr vs 0.30%/yr for STCE.

Performance

DAVV.DE vs. STCE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) and Schwab Crypto Thematic ETF (STCE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

DAVV.DE is traded in EUR, while STCE is traded in USD. To make them comparable, the STCE values have been converted to EUR using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with DAVV.DE having a 32.18% return and STCE slightly higher at 33.59%.

DAVV.DE

• 1D: -2.28%
• 1M: 13.90%
• YTD: 32.18%
• 6M: 21.12%
• 1Y: 55.71%
• 3Y*: 52.88%
• 5Y*: -0.53%
• 10Y*: —

STCE

• 1D: -1.74%
• 1M: 16.95%
• YTD: 33.59%
• 6M: 10.89%
• 1Y: 81.29%
• 3Y*: 53.85%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DAVV.DE vs. STCE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF	32.18%	-0.68%	37.42%	337.08%	-64.94%
STCE Schwab Crypto Thematic ETF	33.59%	19.97%	51.11%	102.40%	-41.49%

Correlation

The correlation between DAVV.DE and STCE is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.69
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (All Time) Calculated using the full available price history since Aug 5, 2022	0.63

The correlation between DAVV.DE and STCE has been stable across timeframes, ranging from 0.63 to 0.69 - a consistent structural relationship.

Return for Risk

DAVV.DE vs. STCE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAVV.DE

DAVV.DE Risk / Return Rank: 25
DAVV.DE Sharpe Ratio Rank: 26
DAVV.DE Sortino Ratio Rank: 28
DAVV.DE Omega Ratio Rank: 26
DAVV.DE Calmar Ratio Rank: 25
DAVV.DE Martin Ratio Rank: 20

STCE

STCE Risk / Return Rank: 33
STCE Sharpe Ratio Rank: 38
STCE Sortino Ratio Rank: 38
STCE Omega Ratio Rank: 34
STCE Calmar Ratio Rank: 32
STCE Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DAVV.DE vs. STCE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) and Schwab Crypto Thematic ETF (STCE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DAVV.DE	STCE	Difference
Sharpe ratio: Return per unit of total volatility	0.96	1.35	-0.39
Sortino ratio: Return per unit of downside risk	1.53	1.93	-0.40
Omega ratio: Gain probability vs. loss probability	1.18	1.23	-0.05
Calmar ratio: Return relative to maximum drawdown	1.21	1.53	-0.32
Martin ratio: Return relative to average drawdown	2.24	2.72	-0.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAVV.DE vs. STCE - Sharpe Ratio Comparison

The current DAVV.DE Sharpe Ratio is 0.96, which is comparable to the STCE Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of DAVV.DE and STCE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DAVV.DE	STCE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	1.35	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.58	-0.62

Drawdowns

DAVV.DE vs. STCE - Drawdown Comparison

The maximum DAVV.DE drawdown since its inception was -91.53%, which is greater than STCE's maximum drawdown of -53.37%. Use the drawdown chart below to compare losses from any high point for DAVV.DE and STCE.

Drawdown Indicators

	DAVV.DE	STCE	Difference
Max Drawdown Largest peak-to-trough decline	-91.53%	-53.37%	-38.16%
Max Drawdown (1Y) Largest decline over 1 year	-45.68%	-53.37%	+7.69%
Max Drawdown (3Y) Largest decline over 3 years	-60.00%	-53.37%	-6.63%
Max Drawdown (5Y) Largest decline over 5 years	-91.53%	—	—
Current Drawdown Current decline from peak	-32.00%	-25.38%	-6.62%
Average Drawdown Average peak-to-trough decline	-57.68%	-23.60%	-34.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.76%	30.00%	-5.24%

Volatility

DAVV.DE vs. STCE - Volatility Comparison

VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a higher volatility of 15.15% compared to Schwab Crypto Thematic ETF (STCE) at 14.33%. This indicates that DAVV.DE's price experiences larger fluctuations and is considered to be riskier than STCE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAVV.DE	STCE	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.15%	14.33%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	40.60%	41.84%	-1.24%
Volatility (1Y) Calculated over the trailing 1-year period	58.33%	60.67%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.76%	55.04%	+15.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.58%	55.04%	+15.54%

DAVV.DE vs. STCE - Expense Ratio Comparison

DAVV.DE has a 0.65% expense ratio, which is higher than STCE's 0.30% expense ratio.

Dividends

DAVV.DE vs. STCE - Dividend Comparison

DAVV.DE has not paid dividends to shareholders, while STCE's dividend yield for the trailing twelve months is around 1.49%.

Position	TTM	2025	2024	2023	2022
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
STCE Schwab Crypto Thematic ETF	1.49%	1.96%	0.64%	0.31%	1.46%

Frequently Asked Questions

Can I hold both DAVV.DE and STCE in my portfolio?

DAVV.DE and STCE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DAVV.DE or STCE?

On fees, STCE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DAVV.DE or STCE?

STCE is cheaper with a 0.30% expense ratio, compared with 0.65% for DAVV.DE.

What is the main difference between DAVV.DE and STCE?

DAVV.DE is categorized as Technology Equities, while STCE is Blockchain. DAVV.DE tracks MVIS Global Digital Assets Equity, while STCE tracks Schwab Crypto Thematic Index. They also come from different issuers: VanEck and Charles Schwab. Their fees differ too: 0.65% for DAVV.DE and 0.30% for STCE.