BLCH.DE vs. DAPP
Compare and contrast key facts about Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) and VanEck Digital Transformation ETF (DAPP).
BLCH.DE and DAPP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BLCH.DE is a passively managed fund by Global X that tracks the performance of the Solactive Blockchain. It was launched on Jan 21, 2022. DAPP is a passively managed fund by VanEck that tracks the performance of the MVIS Global Digital Assets Equity Index. It was launched on Apr 9, 2021. Both BLCH.DE and DAPP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLCH.DE or DAPP.
Key characteristics
| BLCH.DE | DAPP | |
|---|---|---|
| YTD Return | -23.19% | -10.41% |
| 1Y Return | 81.34% | 78.14% |
| Sharpe Ratio | 0.80 | 1.25 |
| Daily Std Dev | 79.35% | 71.80% |
| Max Drawdown | -83.29% | -91.90% |
| Current Drawdown | -45.46% | -70.52% |
Correlation
The correlation between BLCH.DE and DAPP is 0.68, 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.
Performance
BLCH.DE vs. DAPP - Performance Comparison
In the year-to-date period, BLCH.DE achieves a -23.19% return, which is significantly lower than DAPP's -10.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BLCH.DE vs. DAPP - Expense Ratio Comparison
Both BLCH.DE and DAPP have an expense ratio of 0.50%.
Risk-Adjusted Performance
BLCH.DE vs. DAPP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) 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.
Dividends
BLCH.DE vs. DAPP - Dividend Comparison
Neither BLCH.DE nor DAPP has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BLCH.DE Global X Blockchain UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% |
DAPP VanEck Digital Transformation ETF | 0.00% | 0.00% | 0.00% | 10.13% |
Drawdowns
BLCH.DE vs. DAPP - Drawdown Comparison
The maximum BLCH.DE drawdown since its inception was -83.29%, smaller than the maximum DAPP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for BLCH.DE and DAPP. For additional features, visit the drawdowns tool.
Volatility
BLCH.DE vs. DAPP - Volatility Comparison
Global X Blockchain UCITS ETF USD Accumulating (BLCH.DE) has a higher volatility of 21.50% compared to VanEck Digital Transformation ETF (DAPP) at 18.88%. This indicates that BLCH.DE's price experiences larger fluctuations and is considered to be riskier than DAPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.