STCE vs. ARKF ETF Comparison

Comparison of Schwab Crypto Thematic ETF (STCE) to ARK Fintech Innovation ETF (ARKF)

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

$49.37

Average Daily Volume

22,135

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ARKF

ARK Fintech Innovation ETF

ARKF Description

ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;

Grade (RS Rating)

Last Trade

$36.94

Average Daily Volume

371,073

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	STCE	ARKF
30 Days	28.94%	18.53%
60 Days	46.13%	29.83%
90 Days	42.55%	32.48%
12 Months	117.63%	70.72%

6 Overlapping Holdings

Symbol	Grade	Weight in STCE	Weight in ARKF	Overlap
COIN	B	7.26%	7.98%	7.26%
HOOD	B	3.53%	4.42%	3.53%
ICE	C	0.8%	1.16%	0.8%
NVDA	A	1.03%	1.49%	1.03%
PYPL	A	1.95%	1.6%	1.6%
SQ	B	2.54%	6.35%	2.54%

STCE Overweight 17 Positions Relative to ARKF

Symbol	Grade	Weight
MSTR	B	11.83%
CIFR	C	7.85%
IREN	C	7.06%
CLSK	C	5.86%
BTBT	B	4.54%
RIOT	C	4.28%
MARA	B	4.0%
IBKR	A	2.71%
CBOE	D	1.83%
WT	B	1.56%
OPRA	B	1.02%
FOUR	B	0.99%
SNEX	B	0.98%
VIRT	B	0.95%
BGC	C	0.93%
CUBI	B	0.91%
CME	B	0.89%

STCE Underweight 22 Positions Relative to ARKF

Symbol	Grade	Weight
SHOP	B	-8.9%
DKNG	B	-4.89%
TOST	A	-4.69%
SOFI	B	-4.68%
RBLX	B	-3.74%
ROKU	C	-3.55%
MELI	D	-3.48%
PLTR	B	-3.44%
PINS	F	-3.0%
META	B	-2.95%
PATH	C	-2.49%
NU	B	-2.0%
SE	B	-1.97%
GLBE	B	-1.96%
SPOT	A	-1.63%
INTU	A	-1.59%
RDDT	B	-1.57%
CRWD	B	-1.37%
BILL	B	-1.17%
Z	B	-1.02%
IBTA	D	-0.65%
AMZN	A	-0.48%