- ISIN
- US92189H8218
- CUSIP
- 92189H821
- Issuer
- VanEck
- Inception Date
- Apr 12, 2021
- Region
- Global (Broad)
- Category
- Blockchain, Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MVIS Global Digital Assets Equity Index
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Assets Under Management
- $393M
Share Price Chart
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Performance
DAPP Performance Chart
VanEck Digital Transformation ETF (DAPP) is up 32.4% since the beginning of the year. DAPP is currently trading at $22 per share. Investors who bought $1,000 worth of DAPP shares 5 years ago would now be looking at an investment worth $1,028.
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Returns By Period
VanEck Digital Transformation ETF (DAPP) has returned 32.37% so far this year and 43.38% over the past 12 months.
VanEck Digital Transformation ETF
- 1D
- -0.64%
- 1M
- 2.87%
- YTD
- 32.37%
- 6M
- 20.82%
- 1Y
- 43.38%
- 3Y*
- 51.74%
- 5Y*
- 0.56%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DAPP Monthly Returns History
Based on dividend-adjusted daily data since Apr 14, 2021, DAPP's average daily return is +0.07%, while the average monthly return is +1.74%. At this rate, an investment would double in approximately 3.3 years.
Historically, 54% of months were positive and 46% were negative. The best month was Jan 2023 with a return of +67.0%, while the worst month was Jun 2022 at -41.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, DAPP closed higher 49% of trading days. The best single day was Nov 6, 2024 with a return of +17.4%, while the worst single day was May 9, 2022 at -16.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.07% | -11.65% | -6.34% | 26.01% | 20.74% | -3.61% | 32.37% | ||||||
| 2025 | 5.64% | -21.94% | -23.80% | 14.84% | 23.53% | 29.20% | 5.74% | 2.46% | 21.31% | 11.13% | -19.69% | -14.84% | 15.03% |
| 2024 | -25.00% | 28.40% | 17.68% | -23.61% | 13.93% | 18.24% | 2.50% | -13.02% | 10.01% | 12.59% | 41.99% | -20.78% | 44.87% |
| 2023 | 67.04% | -5.38% | 9.95% | 15.52% | 8.77% | 16.81% | 23.64% | -23.40% | -15.04% | 2.55% | 22.06% | 49.85% | 285.02% |
| 2022 | -26.97% | 6.94% | 4.28% | -33.31% | -26.42% | -41.03% | 43.16% | -4.09% | -17.67% | -4.45% | -26.69% | -22.83% | -85.60% |
| 2021 | -18.67% | -18.75% | 4.81% | -8.07% | 17.10% | -18.70% | 29.60% | -2.28% | -29.50% | -45.88% |
Benchmark Metrics
VanEck Digital Transformation ETF has an annualized alpha of -13.83%, beta of 2.59, and R2 of 0.36 versus S&P 500 Index. Calculated based on daily prices since April 14, 2021.
- This ETF captured 278.29% of S&P 500 Index gains and 229.04% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.36 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -13.83%
- Beta
- 2.59
- R²
- 0.36
- Upside Capture
- 278.29%
- Downside Capture
- 229.04%
Expense Ratio
DAPP has an expense ratio of 0.52%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DAPP ranks 21 for risk / return — below 21% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DAPP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.37 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.90 | 2.78 | -1.88 |
| Martin ratioReturn relative to average drawdown | 1.74 | 12.44 | -10.70 |
Dividends
Dividend History
VanEck Digital Transformation ETF provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $1.88 |
Dividend yield | 0.00% | 0.00% | 4.04% | 0.00% | 0.00% | 10.13% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Digital Transformation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $1.88 | $1.88 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Digital Transformation ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Digital Transformation ETF was 92.61%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current VanEck Digital Transformation ETF drawdown is 33.81%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -92.61%Dec 2022 | 1y 8mo | — | 5y 2moApr 2021 - now |
Drawdown Indicators
| DAPP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.61% | -56.78% | -35.83% |
Max Drawdown (1Y)Largest decline over 1 year | -48.21% | -9.10% | -39.11% |
Max Drawdown (3Y)Largest decline over 3 years | -58.88% | -18.90% | -39.98% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -25.43% | -66.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -33.81% | -1.80% | -32.01% |
Average DrawdownAverage peak-to-trough decline | -61.16% | -10.71% | -50.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.96% | 2.03% | +22.93% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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