DAPP.L vs. BKCG.L
Compare and contrast key facts about VanEck Digital Assets Equity UCITS ETF A USD Acc (DAPP.L) and Global X Blockchain UCITS ETF USD Accumulating (BKCG.L).
DAPP.L and BKCG.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DAPP.L is a passively managed fund by VanEck that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Apr 30, 2021. BKCG.L is a passively managed fund by Global X that tracks the performance of the MSCI World/Information Tech NR USD. It was launched on Jan 21, 2022. Both DAPP.L and BKCG.L 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: DAPP.L or BKCG.L.
Key characteristics
| DAPP.L | BKCG.L | |
|---|---|---|
| YTD Return | 52.93% | 28.70% |
| 1Y Return | 218.44% | 177.08% |
| Sharpe Ratio | 2.88 | 2.23 |
| Sortino Ratio | 3.01 | 2.63 |
| Omega Ratio | 1.37 | 1.32 |
| Calmar Ratio | 2.67 | 2.76 |
| Martin Ratio | 11.37 | 8.67 |
| Ulcer Index | 19.34% | 20.95% |
| Daily Std Dev | 75.93% | 81.30% |
| Max Drawdown | -92.21% | -82.56% |
| Current Drawdown | -45.02% | -6.12% |
Correlation
The correlation between DAPP.L and BKCG.L is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DAPP.L vs. BKCG.L - Performance Comparison
In the year-to-date period, DAPP.L achieves a 52.93% return, which is significantly higher than BKCG.L's 28.70% 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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DAPP.L vs. BKCG.L - Expense Ratio Comparison
DAPP.L has a 0.65% expense ratio, which is higher than BKCG.L's 0.50% expense ratio.
Risk-Adjusted Performance
DAPP.L vs. BKCG.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Assets Equity UCITS ETF A USD Acc (DAPP.L) and Global X Blockchain UCITS ETF USD Accumulating (BKCG.L). 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
DAPP.L vs. BKCG.L - Dividend Comparison
Neither DAPP.L nor BKCG.L has paid dividends to shareholders.
Drawdowns
DAPP.L vs. BKCG.L - Drawdown Comparison
The maximum DAPP.L drawdown since its inception was -92.21%, which is greater than BKCG.L's maximum drawdown of -82.56%. Use the drawdown chart below to compare losses from any high point for DAPP.L and BKCG.L. For additional features, visit the drawdowns tool.
Volatility
DAPP.L vs. BKCG.L - Volatility Comparison
The current volatility for VanEck Digital Assets Equity UCITS ETF A USD Acc (DAPP.L) is 23.68%, while Global X Blockchain UCITS ETF USD Accumulating (BKCG.L) has a volatility of 26.53%. This indicates that DAPP.L experiences smaller price fluctuations and is considered to be less risky than BKCG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.