STCE vs. TOXR

Last updated Jun 4, 2026

STCE (Schwab Crypto Thematic ETF) and TOXR (21Shares XRP ETF) are both exchange-traded funds - STCE is a Blockchain fund tracking the Schwab Crypto Thematic Index, while TOXR is a Cryptocurrency fund tracking the CME CF XRP-Dollar Reference Rate - New York Variant. Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. Both charge a 0.30% expense ratio.

Performance

STCE vs. TOXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Crypto Thematic ETF (STCE) and 21Shares XRP ETF (TOXR). 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 TOXR's -34.38% return.

STCE

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

TOXR

• 1D: -1.62%
• 1M: -14.04%
• YTD: -34.38%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STCE vs. TOXR - Yearly Performance Comparison

	2026 (YTD)	2025
STCE Schwab Crypto Thematic ETF	32.00%	-17.54%
TOXR 21Shares XRP ETF	-34.38%	-9.65%

Correlation

The correlation between STCE and TOXR is 0.70, 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 12, 2025	0.70

Return for Risk

STCE vs. TOXR — 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. TOXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Crypto Thematic ETF (STCE) and 21Shares XRP ETF (TOXR). 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	TOXR	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	TOXR	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	-0.92	+1.57

Drawdowns

STCE vs. TOXR - Drawdown Comparison

The maximum STCE drawdown since its inception was -54.11%, which is greater than TOXR's maximum drawdown of -48.78%. Use the drawdown chart below to compare losses from any high point for STCE and TOXR.

Drawdown Indicators

	STCE	TOXR	Difference
Max Drawdown Largest peak-to-trough decline	-54.11%	-48.78%	-5.33%
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%	-48.10%	+22.47%
Average Drawdown Average peak-to-trough decline	-21.98%	-31.50%	+9.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.87%	—	—

Volatility

Volatility by Period

	STCE	TOXR	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%	73.16%	-12.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.86%	73.16%	-17.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	55.86%	73.16%	-17.30%

STCE vs. TOXR - Expense Ratio Comparison

Both STCE and TOXR have an expense ratio of 0.30%.

Dividends

STCE vs. TOXR - Dividend Comparison

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

Position	TTM	2025	2024	2023	2022
STCE Schwab Crypto Thematic ETF	1.49%	1.96%	0.64%	0.31%	1.46%
TOXR 21Shares XRP ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STCE and TOXR in my portfolio?

STCE and TOXR have a correlation of 0.70, 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 TOXR?

Both ETFs have the same 0.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, STCE or TOXR?

STCE and TOXR have the same expense ratio: 0.30% per year.

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

STCE has the higher dividend yield at 1.49%, compared with 0.00% for TOXR.

What is the main difference between STCE and TOXR?

STCE is categorized as Blockchain, while TOXR is Cryptocurrency. STCE tracks Schwab Crypto Thematic Index, while TOXR tracks CME CF XRP-Dollar Reference Rate - New York Variant. They also come from different issuers: Charles Schwab and 21Shares.