STCE vs. QSOL

Last updated Jun 4, 2026

STCE (Schwab Crypto Thematic ETF) and QSOL (Invesco Galaxy Solana ETF) are both exchange-traded funds - STCE is a Blockchain fund tracking the Schwab Crypto Thematic Index, while QSOL is a Cryptocurrency fund tracking the Lukka Prime Solana Reference Rate - Benchmark Price Return. Both are passively managed. A 0.68 correlation means they provide meaningful diversification when combined. STCE charges 0.30%/yr vs 0.25%/yr for QSOL.

Performance

STCE vs. QSOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Crypto Thematic ETF (STCE) and Invesco Galaxy Solana ETF (QSOL). 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 higher than QSOL's -41.51% return.

STCE

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

QSOL

• 1D: -4.67%
• 1M: -14.50%
• YTD: -41.51%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STCE vs. QSOL - Yearly Performance Comparison

	2026 (YTD)	2025
STCE Schwab Crypto Thematic ETF	32.00%	-3.01%
QSOL Invesco Galaxy Solana ETF	-41.51%	-0.92%

Correlation

The correlation between STCE and QSOL is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 16, 2025	0.68

Return for Risk

STCE vs. QSOL — 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

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. QSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Crypto Thematic ETF (STCE) and Invesco Galaxy Solana ETF (QSOL). 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	QSOL	Difference
Sharpe ratio: Return per unit of total volatility	1.40	—	—
Sortino ratio: Return per unit of downside risk	1.99	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	1.58	—	—
Martin ratio: Return relative to average drawdown	2.85	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	STCE	QSOL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	-0.99	+1.64

Drawdowns

STCE vs. QSOL - Drawdown Comparison

The maximum STCE drawdown since its inception was -54.11%, which is greater than QSOL's maximum drawdown of -50.82%. Use the drawdown chart below to compare losses from any high point for STCE and QSOL.

Drawdown Indicators

	STCE	QSOL	Difference
Max Drawdown Largest peak-to-trough decline	-54.11%	-50.82%	-3.29%
Max Drawdown (1Y) Largest decline over 1 year	-54.11%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-54.11%	—	—
Current Drawdown Current decline from peak	-25.63%	-50.82%	+25.19%
Average Drawdown Average peak-to-trough decline	-21.98%	-31.98%	+10.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.87%	—	—

Volatility

Volatility by Period

	STCE	QSOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	42.80%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.14%	70.59%	-9.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.86%	70.59%	-14.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.86%	70.59%	-14.73%

STCE vs. QSOL - Expense Ratio Comparison

STCE has a 0.30% expense ratio, which is higher than QSOL's 0.25% expense ratio.

Dividends

STCE vs. QSOL - Dividend Comparison

STCE's dividend yield for the trailing twelve months is around 1.49%, more than QSOL's 0.20% yield.

Position	TTM	2025	2024	2023	2022
QSOL Invesco Galaxy Solana ETF	0.20%	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 STCE and QSOL in my portfolio?

STCE and QSOL have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, STCE or QSOL?

On fees, QSOL is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, STCE or QSOL?

QSOL is cheaper with a 0.25% expense ratio, compared with 0.30% for STCE.

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

STCE has the higher dividend yield at 1.49%, compared with 0.20% for QSOL.

What is the main difference between STCE and QSOL?

STCE is categorized as Blockchain, while QSOL is Cryptocurrency. STCE tracks Schwab Crypto Thematic Index, while QSOL tracks Lukka Prime Solana Reference Rate - Benchmark Price Return. They also come from different issuers: Charles Schwab and Invesco. Their fees differ too: 0.30% for STCE and 0.25% for QSOL.