BCDF vs. STCE ETF Comparison

Comparison of Horizon Kinetics Blockchain Development ETF (BCDF) to Schwab Crypto Thematic ETF (STCE)

BCDF

Horizon Kinetics Blockchain Development ETF

BCDF Description

Horizon Kinetics Blockchain Development ETF is an exchange traded fund launched by Listed Funds Trust. The fund is managed by Horizon Kinetics Asset Management LLC. The fund invests in public equity markets of global region. It invests in stocks of companies operating across blockchain development sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund employs internal research to create its portfolio. Horizon Kinetics Blockchain Development ETF was formed on August 1, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$28.17

Average Daily Volume

1,589

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

STCE

Schwab Crypto Thematic ETF

STCE Description

The fund will not invest in cryptocurrency or digital assets directly. The investment adviser typically seeks to track the total return of the index by replicating the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$38.54

Average Daily Volume

13,431

Number of Holdings ^*

23

* may have additional holdings in another (foreign) market

Performance

Period	BCDF	STCE
30 Days	0.28%	13.51%
60 Days	4.78%	15.90%
90 Days	12.18%	14.29%
12 Months	32.39%	80.84%

4 Overlapping Holdings

	Symbol	Grade	Weight in BCDF	Weight in STCE	Overlap
	CBOE	B	6.1%	2.68%	2.68%
	CME	B	2.04%	1.24%	1.24%
	ICE	C	5.79%	1.18%	1.18%
	WT	B	3.84%	1.93%	1.93%

BCDF Overweight 9 Positions Relative to STCE

	Symbol	Grade	Weight
	CACI	A	7.93%
	NDAQ	B	4.86%
	TW	B	4.68%
	SAIC	A	4.34%
	MKTX	B	3.11%
	APLD	C	1.71%
	BR	C	0.95%
	DBRG	D	0.54%
	BAH	A	0.48%

BCDF Underweight 19 Positions Relative to STCE

	Symbol	Grade	Weight
	MSTR	B	-8.94%
	CIFR	B	-7.17%
	IREN	B	-7.1%
	COIN	C	-6.47%
	CLSK	C	-5.42%
	BTBT	B	-4.44%
	MARA	D	-3.97%
	HOOD	B	-3.92%
	RIOT	C	-3.79%
	IBKR	A	-3.14%
	SQ	B	-2.99%
	PYPL	B	-2.51%
	NVDA	B	-1.33%
	FOUR	B	-1.32%
	VIRT	A	-1.24%
	SNEX	A	-1.23%
	OPRA	A	-1.2%
	BGC	A	-1.11%
	CUBI	D	-1.07%

BCDF: Top Represented Industries & Keywords

Industries: Financial Data & Stock Exchanges Capital Markets Business Services Information Technology Services Asset Management REIT - Diversified

Keywords: S&P 500 Credit Default Swap Market Data Swaps Brokerage Electronic Trading Exchange Traded Fund Exchange Traded Funds Futures Exchange Futures Exchanges CME Group Central Securities Depositories Computer Security Enterprise Information Technology Federal Government Financial Advisors Futures Products Homeland Security Interest Rate Swap Investment Bank

STCE: Top Represented Industries & Keywords

Industries: Capital Markets Financial Data & Stock Exchanges Software - Application Software - Infrastructure Credit Services Asset Management Banks - Regional - US Business Services Internet Content & Information Semiconductors

Keywords: Bitcoin Bitcoin Mining Cryptocurrency Payment Systems Futures Exchanges S&P 500 Fintech Computing Digital Currencies Economics Of Bitcoin IBD 50 Artificial Intelligence Brokerage CME Group Cash Management Services Credit Default Swap Cryptography Currency Debit Card Decentralization