Schwab Crypto Economy ETF (STCE) Performance
STCE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −17.0% since Dec 31, 2025
- 1 year
- −44.7% total return
- 3 years
- +37.3% a year
- Since first price
- +18.5% a year since 2022
STCE trailing returns vs SPY, QQQ, AGG
| Period | STCE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −31.4% | −31.4% | −1.0% | −5.0% | +0.9% |
| 3 months | −26.3% | −26.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −25.6% | −25.6% | +7.8% | +8.4% | −1.5% |
| YTD | −17.0% | −17.0% | +12.3% | +15.1% | −1.0% |
| 1 year | −44.7% | −45.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +158.7%+37.3%/yr | +152.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionAug 4, 2022 | +104.4%+18.5%/yr | +96.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: STCE vs SPY
From Aug 4, 2022: STCE grew to $20,441, SPY to $19,405.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
STCE returns by calendar year
3 of 3 full years positive. Best 2023 (+108.7%), worst 2025 (+36.1%). 2026 is year to date.
STCE annual returns table
| Year | STCE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −17.0% | −39.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +36.1% | −44.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +41.8% | −30.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +108.7% | −33.5% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
STCE largest drawdowns
Now 53.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 15, 2025 | −54.1% | Mar 30, 2026 | not yet | 5 months | 1.0 years so far |
| Dec 6, 2024 | −49.4% | Apr 8, 2025 | Jul 17, 2025 | 4 months | 7 months |
| Aug 15, 2022 | −47.2% | Dec 28, 2022 | Dec 8, 2023 | 4 months | 1.3 years |
| Jul 16, 2024 | −30.4% | Sep 6, 2024 | Oct 28, 2024 | 52 days | 3 months |
| Dec 27, 2023 | −28.3% | Jan 24, 2024 | Feb 26, 2024 | 28 days | 2 months |
| Mar 25, 2024 | −21.5% | May 1, 2024 | Jul 16, 2024 | 37 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
STCE risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +51.7% | +31.6% |
| Volatility (annualized) | 59.4% | 57.1% |
| Sharpe ratio | 0.92 | 0.68 |
| Sortino ratio | 1.71 | 1.21 |
| Best month | +37.4% | +37.4% |
| Worst month | −19.8% | −19.8% |
| Best 12 months | +139.4% | +139.4% |
| Worst 12 months | −18.0% | −18.0% |
| Positive months | 67% | 61% |
| Beta vs S&P 500 | 3.52 | — |
| Correlation with S&P 500 | 0.74 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
STCE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 39 | −45.4% | +42.8% | +139.4% | 87% |
| 3-year (a year) | 15 | +33.3% | +48.1% | +64.9% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
STCE performance overview
Schwab Crypto Economy ETF (STCE) returned −44.7% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +18.5% a year, turning $10,000 into about $20,441. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −54.1%, from Oct 15, 2025 to Mar 30, 2026; the fund has not yet regained that high. STCE finished 3 of its 3 full calendar years with a gain; the best year was 2023 (+108.7%) and the worst 2025 (+36.1%). Volatility has been 57.1% a year.
Related: STCE chart, STCE holdings, STCE dividends. See the STCE overview for the latest quote and fund facts.
STCE performance FAQ
What is the STCE return over the past year?
STCE returned −44.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 45.5%.
How much would $10,000 invested in STCE be worth?
$10,000 invested in STCE at its first recorded close on August 4, 2022 would be worth about $20,441 on October 23, 2026 with distributions reinvested.
What was the worst year for STCE?
The worst calendar year was 2025, with a total return of +36.1%. The best was 2023 at +108.7%.
What is the biggest drawdown of STCE?
The largest peak-to-trough decline was −54.1% between October 15, 2025 and March 30, 2026. It has not yet recovered to that high; it is 53.2% below its peak.
How volatile is STCE?
Over the past 3 years STCE had an annualized volatility of 59.4% and a Sharpe ratio of 0.92 (excess return over 1–3 month T-bills per unit of risk).