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VanEck Digital Transformation ETF (DAPP)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US92189H8218
CUSIP
92189H821
Issuer
VanEck
Inception Date
Apr 9, 2021
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
MVIS Global Digital Assets Equity Index
Distribution Policy
Accumulating
Asset Class
Equity

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in VanEck Digital Transformation ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

VanEck Digital Transformation ETF (DAPP) has returned -9.74% so far this year and 65.23% over the past 12 months.


VanEck Digital Transformation ETF

1D
6.88%
1M
-6.34%
YTD
-9.74%
6M
-31.40%
1Y
65.23%
3Y*
49.37%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 14, 2021, DAPP's average daily return is +0.05%, while the average monthly return is +1.29%. At this rate, your investment would double in approximately 4.5 years.

Historically, 53% of months were positive and 47% 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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.07%-11.65%-6.34%-9.74%
20255.64%-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%
202367.04%-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%
2021-7.80%-18.75%4.81%-8.07%17.10%-18.70%29.60%-2.28%-29.50%-38.65%

Benchmark Metrics

VanEck Digital Transformation ETF has an annualized alpha of -13.40%, beta of 2.57, and R² of 0.35 versus S&P 500 Index. Calculated based on daily prices since April 15, 2021.

  • This ETF captured 275.99% of S&P 500 Index gains and 226.66% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.35 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
-13.40%
Beta
2.57
0.35
Upside Capture
275.99%
Downside Capture
226.66%

Expense Ratio

DAPP has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

DAPP ranks 48 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


DAPP Risk / Return Rank: 4848
Overall Rank
DAPP Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
DAPP Sortino Ratio Rank: 6464
Sortino Ratio Rank
DAPP Omega Ratio Rank: 4848
Omega Ratio Rank
DAPP Calmar Ratio Rank: 4646
Calmar Ratio Rank
DAPP Martin Ratio Rank: 3131
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and compare them to a chosen benchmark (S&P 500 Index).


DAPPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.98

0.90

+0.08

Sortino ratio

Return per unit of downside risk

1.67

1.39

+0.28

Omega ratio

Gain probability vs. loss probability

1.19

1.21

-0.02

Calmar ratio

Return relative to maximum drawdown

1.24

1.40

-0.16

Martin ratio

Return relative to average drawdown

2.72

6.61

-3.89

Explore DAPP risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

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.


0.00%2.00%4.00%6.00%8.00%10.00%$0.00$0.50$1.00$1.50$2.0020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$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 91.90%, occurring on Dec 28, 2022. The portfolio has not yet recovered.

The current VanEck Digital Transformation ETF drawdown is 50.51%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-91.9%Nov 10, 2021285Dec 28, 2022
-39.21%Apr 15, 202166Jul 19, 202179Nov 8, 2021145

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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