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Issuer
VanEck
Inception Date
May 13, 2025
Region
Global (Broad)
Category
Blockchain
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

NODE Performance Chart

VanEck Onchain Economy ETF (NODE) is up 34.9% since the beginning of the year. NODE is currently trading at $47 per share.


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S&P 500 Index

Returns By Period

VanEck Onchain Economy ETF (NODE) has returned 34.92% so far this year and 67.75% over the past 12 months.


VanEck Onchain Economy ETF

1D
2.93%
1M
4.56%
YTD
34.92%
6M
29.91%
1Y
67.75%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.00%
1M
-0.71%
YTD
8.39%
6M
8.57%
1Y
24.33%
3Y*
18.94%
5Y*
12.24%
10Y*
13.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NODE Monthly Returns History

Based on dividend-adjusted daily data since May 14, 2025, NODE's average daily return is +0.25%, while the average monthly return is +4.86%. At this rate, an investment would double in approximately 1.2 years.

Historically, 57% of months were positive and 43% were negative. The best month was Apr 2026 with a return of +24.8%, while the worst month was Nov 2025 at -13.2%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.

On a daily basis, NODE closed higher 55% of trading days. The best single day was Feb 6, 2026 with a return of +11.2%, while the worst single day was Feb 5, 2026 at -8.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.94%-8.22%-6.89%24.81%16.51%-0.34%34.92%
2025-0.57%14.90%3.91%7.92%20.18%10.93%-13.24%-10.73%32.27%

Benchmark Metrics

VanEck Onchain Economy ETF has an annualized alpha of 8.68%, beta of 2.50, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since May 14, 2025.

  • This ETF captured 389.36% of S&P 500 Index gains and 254.78% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • R2 of 0.47 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
8.68%
Beta
2.50
0.47
Upside Capture
389.36%
Downside Capture
254.78%

Expense Ratio

NODE has an expense ratio of 0.69%, placing it in the medium range.


Return for Risk

Risk / Return Rank

NODE ranks 38 for risk / return — below 38% 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.


NODE Risk / Return Rank: 3838
Overall Rank
NODE Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
NODE Sortino Ratio Rank: 3939
Sortino Ratio Rank
NODE Omega Ratio Rank: 3838
Omega Ratio Rank
NODE Calmar Ratio Rank: 3939
Calmar Ratio Rank
NODE Martin Ratio Rank: 3030
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 Onchain Economy ETF (NODE) 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.


NODEBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.48

Sortino ratioReturn per unit of downside risk

-0.65

Omega ratioGain probability vs. loss probability

1.25

1.35

-0.11

Calmar ratioReturn relative to maximum drawdown

1.94

2.66

-0.72

Martin ratioReturn relative to average drawdown

4.25

11.86

-7.62

Dividends

Dividend History

VanEck Onchain Economy ETF provided a 0.83% dividend yield over the last twelve months, with an annual payout of $0.39 per share.


1.12%$0.00$0.10$0.20$0.30$0.402025
Dividends
Dividend Yield
PeriodTTM2025
Dividend$0.39$0.39

Dividend yield

0.83%1.12%

Monthly Dividends

The table displays the monthly dividend distributions for VanEck Onchain Economy 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$0.00$0.00$0.00
2025$0.39$0.39

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 Onchain Economy 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 Onchain Economy ETF was 35.35%, occurring on Mar 30, 2026. Recovery took 43 trading sessions.

The current VanEck Onchain Economy ETF drawdown is 1.22%.


Related event

Drawdown

Fall

Recovery

Underwater

2026 bear market2026
-35.35%Mar 2026
5mo 15d2mo 3d
7mo 18dOct 2025 - Jun 2026
2026 correction2026
-13.17%Jun 2026
8d
20d 23hJun 2026 - now
2025 pullback2025
-7.16%Aug 2025
11d13d
24dJul 2025 - Aug 2025
2025 pullback2025
-4.83%Sep 2025
1d3d
4dSep 2025 - Sep 2025
2025 pullback2025
-4.60%Oct 2025
0s4d
4dOct 2025 - Oct 2025

Drawdown Indicators


NODEBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-35.35%

-56.78%

+21.43%

Max Drawdown (1Y)

Largest decline over 1 year

-35.35%

-9.10%

-26.25%

Max Drawdown (3Y)

Largest decline over 3 years

-18.90%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.22%

-2.49%

+1.27%

Average Drawdown

Average peak-to-trough decline

-11.07%

-10.72%

-0.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.08%

2.03%

+14.05%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with NODE

Add VanEck Onchain Economy ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with NODE