IBLC vs. STCE
Compare and contrast key facts about iShares Blockchain and Tech ETF (IBLC) and Schwab Crypto Thematic ETF (STCE).
IBLC and STCE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBLC is a passively managed fund by iShares that tracks the performance of the ICE FactSet Global Blockchain Technologies Index. It was launched on Apr 25, 2022. STCE is a passively managed fund by Schwab Funds that tracks the performance of the Schwab Crypto Thematic Index. It was launched on Aug 4, 2022. Both IBLC and STCE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBLC or STCE.
Performance
IBLC vs. STCE - Performance Comparison
Returns By Period
In the year-to-date period, IBLC achieves a 40.17% return, which is significantly lower than STCE's 64.50% return.
IBLC
40.17%
20.05%
42.70%
130.48%
N/A
N/A
STCE
64.50%
28.56%
39.97%
137.72%
N/A
N/A
Key characteristics
| IBLC | STCE | |
|---|---|---|
| Sharpe Ratio | 1.82 | 2.36 |
| Sortino Ratio | 2.52 | 3.02 |
| Omega Ratio | 1.29 | 1.34 |
| Calmar Ratio | 3.34 | 4.42 |
| Martin Ratio | 6.28 | 9.40 |
| Ulcer Index | 20.23% | 14.30% |
| Daily Std Dev | 69.74% | 56.82% |
| Max Drawdown | -62.54% | -47.19% |
| Current Drawdown | -8.24% | -2.05% |
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IBLC vs. STCE - Expense Ratio Comparison
IBLC has a 0.47% expense ratio, which is higher than STCE's 0.30% expense ratio.
Correlation
The correlation between IBLC and STCE is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IBLC vs. STCE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) 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.
Dividends
IBLC vs. STCE - Dividend Comparison
IBLC's dividend yield for the trailing twelve months is around 1.00%, more than STCE's 0.21% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
IBLC iShares Blockchain and Tech ETF | 1.00% | 1.79% | 0.84% |
STCE Schwab Crypto Thematic ETF | 0.21% | 0.31% | 1.46% |
Drawdowns
IBLC vs. STCE - Drawdown Comparison
The maximum IBLC drawdown since its inception was -62.54%, which is greater than STCE's maximum drawdown of -47.19%. Use the drawdown chart below to compare losses from any high point for IBLC and STCE. For additional features, visit the drawdowns tool.
Volatility
IBLC vs. STCE - Volatility Comparison
iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 27.68% compared to Schwab Crypto Thematic ETF (STCE) at 25.11%. This indicates that IBLC'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.