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BITQ vs. DAPP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BITQ and DAPP is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

BITQ vs. DAPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Crypto Industry Innovators ETF (BITQ) and VanEck Digital Transformation ETF (DAPP). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%NovemberDecember2025FebruaryMarchApril
-26.01%
-54.71%
BITQ
DAPP

Key characteristics

Sharpe Ratio

BITQ:

0.31

DAPP:

0.09

Sortino Ratio

BITQ:

0.95

DAPP:

0.69

Omega Ratio

BITQ:

1.11

DAPP:

1.08

Calmar Ratio

BITQ:

0.31

DAPP:

0.09

Martin Ratio

BITQ:

0.97

DAPP:

0.27

Ulcer Index

BITQ:

21.66%

DAPP:

25.50%

Daily Std Dev

BITQ:

67.63%

DAPP:

75.04%

Max Drawdown

BITQ:

-90.32%

DAPP:

-91.90%

Current Drawdown

BITQ:

-56.60%

DAPP:

-64.71%

Returns By Period

In the year-to-date period, BITQ achieves a -16.70% return, which is significantly higher than DAPP's -25.96% return.


BITQ

YTD

-16.70%

1M

3.15%

6M

-6.89%

1Y

24.58%

5Y*

N/A

10Y*

N/A

DAPP

YTD

-25.96%

1M

4.21%

6M

-18.62%

1Y

11.84%

5Y*

N/A

10Y*

N/A

*Annualized

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BITQ vs. DAPP - Expense Ratio Comparison

BITQ has a 0.85% expense ratio, which is higher than DAPP's 0.50% expense ratio.


Expense ratio chart for BITQ: current value is 0.85%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BITQ: 0.85%
Expense ratio chart for DAPP: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
DAPP: 0.50%

Risk-Adjusted Performance

BITQ vs. DAPP — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BITQ
The Risk-Adjusted Performance Rank of BITQ is 4949
Overall Rank
The Sharpe Ratio Rank of BITQ is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of BITQ is 6363
Sortino Ratio Rank
The Omega Ratio Rank of BITQ is 5454
Omega Ratio Rank
The Calmar Ratio Rank of BITQ is 4646
Calmar Ratio Rank
The Martin Ratio Rank of BITQ is 4040
Martin Ratio Rank

DAPP
The Risk-Adjusted Performance Rank of DAPP is 3333
Overall Rank
The Sharpe Ratio Rank of DAPP is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of DAPP is 4949
Sortino Ratio Rank
The Omega Ratio Rank of DAPP is 4242
Omega Ratio Rank
The Calmar Ratio Rank of DAPP is 2727
Calmar Ratio Rank
The Martin Ratio Rank of DAPP is 2424
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BITQ vs. DAPP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Crypto Industry Innovators ETF (BITQ) and VanEck Digital Transformation ETF (DAPP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for BITQ, currently valued at 0.31, compared to the broader market-1.000.001.002.003.004.00
BITQ: 0.31
DAPP: 0.09
The chart of Sortino ratio for BITQ, currently valued at 0.95, compared to the broader market-2.000.002.004.006.008.00
BITQ: 0.95
DAPP: 0.69
The chart of Omega ratio for BITQ, currently valued at 1.11, compared to the broader market0.501.001.502.00
BITQ: 1.11
DAPP: 1.08
The chart of Calmar ratio for BITQ, currently valued at 0.31, compared to the broader market0.002.004.006.008.0010.0012.00
BITQ: 0.31
DAPP: 0.09
The chart of Martin ratio for BITQ, currently valued at 0.97, compared to the broader market0.0020.0040.0060.00
BITQ: 0.97
DAPP: 0.27

The current BITQ Sharpe Ratio is 0.31, which is higher than the DAPP Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of BITQ and DAPP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
0.31
0.09
BITQ
DAPP

Dividends

BITQ vs. DAPP - Dividend Comparison

BITQ's dividend yield for the trailing twelve months is around 1.08%, less than DAPP's 5.46% yield.


TTM2024202320222021
BITQ
Bitwise Crypto Industry Innovators ETF
1.08%0.90%1.51%0.00%3.12%
DAPP
VanEck Digital Transformation ETF
5.46%4.04%0.00%0.00%10.13%

Drawdowns

BITQ vs. DAPP - Drawdown Comparison

The maximum BITQ drawdown since its inception was -90.32%, roughly equal to the maximum DAPP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for BITQ and DAPP. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%NovemberDecember2025FebruaryMarchApril
-56.60%
-64.71%
BITQ
DAPP

Volatility

BITQ vs. DAPP - Volatility Comparison

The current volatility for Bitwise Crypto Industry Innovators ETF (BITQ) is 24.01%, while VanEck Digital Transformation ETF (DAPP) has a volatility of 27.60%. This indicates that BITQ experiences smaller price fluctuations and is considered to be less risky than DAPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
24.01%
27.60%
BITQ
DAPP