STCE vs. DECO

Last updated Jun 4, 2026

STCE (Schwab Crypto Thematic ETF) and DECO (State Street Galaxy Digital Asset Ecosystem ETF) are both Blockchain funds. STCE is passively managed, while DECO is actively managed. Over the past year, STCE returned 84.98% vs 167.73% for DECO. Their correlation of 0.94 suggests significant overlap in exposure. STCE charges 0.30%/yr vs 0.65%/yr for DECO.

Performance

STCE vs. DECO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Crypto Thematic ETF (STCE) and State Street Galaxy Digital Asset Ecosystem ETF (DECO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STCE achieves a 32.00% return, which is significantly lower than DECO's 79.56% return.

STCE

• 1D: -1.96%
• 1M: 16.12%
• YTD: 32.00%
• 6M: 10.29%
• 1Y: 84.98%
• 3Y*: 58.04%
• 5Y*: —
• 10Y*: —

DECO

• 1D: 0.01%
• 1M: 39.50%
• YTD: 79.56%
• 6M: 62.77%
• 1Y: 167.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STCE vs. DECO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
STCE Schwab Crypto Thematic ETF	32.00%	36.12%	41.53%
DECO State Street Galaxy Digital Asset Ecosystem ETF	79.56%	42.48%	29.54%

Correlation

The correlation between STCE and DECO is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024	0.94

The correlation between STCE and DECO has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

STCE vs. DECO - Sectors Allocation Comparison

Sectors	STCE	DECO
Financial Services	62.9%	44.9%
Technology	30.9%	47.6%
Communication Services	6.2%	-
Energy	0.0%	-
Basic Materials	-	1.8%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Industrials	-	5.2%
Real Estate	-	-
Utilities	-	-

Return for Risk

STCE vs. DECO — Risk / Return Rank

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

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

DECO

DECO Risk / Return Rank: 89
DECO Sharpe Ratio Rank: 95
DECO Sortino Ratio Rank: 87
DECO Omega Ratio Rank: 82
DECO Calmar Ratio Rank: 93
DECO Martin Ratio Rank: 87

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.

STCE vs. DECO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Crypto Thematic ETF (STCE) and State Street Galaxy Digital Asset Ecosystem ETF (DECO). 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.

	STCE	DECO	Difference
Sharpe ratio: Return per unit of total volatility	1.40	3.80	-2.40
Sortino ratio: Return per unit of downside risk	1.99	3.94	-1.95
Omega ratio: Gain probability vs. loss probability	1.24	1.49	-0.26
Calmar ratio: Return relative to maximum drawdown	1.58	6.59	-5.02
Martin ratio: Return relative to average drawdown	2.85	18.43	-15.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STCE vs. DECO - Sharpe Ratio Comparison

The current STCE Sharpe Ratio is 1.40, which is lower than the DECO Sharpe Ratio of 3.80. The chart below compares the historical Sharpe Ratios of STCE and DECO, 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

	STCE	DECO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	3.80	-2.40
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	1.96	-1.31

Drawdowns

STCE vs. DECO - Drawdown Comparison

The maximum STCE drawdown since its inception was -54.11%, which is greater than DECO's maximum drawdown of -47.71%. Use the drawdown chart below to compare losses from any high point for STCE and DECO.

Drawdown Indicators

	STCE	DECO	Difference
Max Drawdown Largest peak-to-trough decline	-54.11%	-47.71%	-6.40%
Max Drawdown (1Y) Largest decline over 1 year	-54.11%	-25.60%	-28.51%
Max Drawdown (3Y) Largest decline over 3 years	-54.11%	—	—
Current Drawdown Current decline from peak	-25.63%	-0.33%	-25.30%
Average Drawdown Average peak-to-trough decline	-21.98%	-11.67%	-10.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.87%	9.14%	+20.73%

Volatility

STCE vs. DECO - Volatility Comparison

Schwab Crypto Thematic ETF (STCE) has a higher volatility of 14.89% compared to State Street Galaxy Digital Asset Ecosystem ETF (DECO) at 11.53%. This indicates that STCE's price experiences larger fluctuations and is considered to be riskier than DECO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STCE	DECO	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.89%	11.53%	+3.36%
Volatility (6M) Calculated over the trailing 6-month period	42.80%	33.83%	+8.97%
Volatility (1Y) Calculated over the trailing 1-year period	61.14%	44.46%	+16.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.86%	51.50%	+4.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.86%	51.50%	+4.36%

STCE vs. DECO - Expense Ratio Comparison

STCE has a 0.30% expense ratio, which is lower than DECO's 0.65% expense ratio.

Dividends

STCE vs. DECO - Dividend Comparison

STCE's dividend yield for the trailing twelve months is around 1.49%, more than DECO's 0.64% yield.

Position	TTM	2025	2024	2023	2022
DECO State Street Galaxy Digital Asset Ecosystem ETF	0.64%	1.16%	1.73%	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 STCE and DECO in my portfolio?

With a correlation of 0.92, STCE and DECO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, STCE or DECO?

STCE has higher volatility (14.89%) compared to DECO (11.53%). In terms of maximum drawdown, STCE dropped -54.11% vs DECO's -47.71%.

Which ETF is better, STCE or DECO?

On 1-year performance, DECO leads with 167.73% vs 84.98% for STCE. On fees, STCE is cheaper at 0.30% per year. On volatility, DECO has been the lower-risk option at 11.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STCE or DECO?

Over the 1-year period, DECO has performed better with a 167.73% return vs 84.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STCE or DECO?

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

Which ETF pays a higher dividend yield, STCE or DECO?

STCE has the higher dividend yield at 1.49%, compared with 0.64% for DECO.

What is the main difference between STCE and DECO?

They also come from different issuers: Charles Schwab and State Street. Their fees differ too: 0.30% for STCE and 0.65% for DECO.

Which has better risk-adjusted returns?

DECO currently has the higher Sharpe Ratio (3.80 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.