Schwab Crypto Thematic Natural Language Processing ETF STCE Strategy

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Schwab Crypto Thematic Index that is designed to deliver global exposure to companies that may benefit from the development or utilization of cryptocurrencies (including bitcoin) and other digital assets, and the business activities connected to blockchain and other distributed ledger technology. 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.