DAPP.L vs. DAPP
Compare and contrast key facts about VanEck Digital Assets Equity UCITS ETF A USD Acc (DAPP.L) and VanEck Digital Transformation ETF (DAPP).
DAPP.L and DAPP 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. 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 DAPP.L 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: DAPP.L or DAPP.
Key characteristics
| DAPP.L | DAPP | |
|---|---|---|
| YTD Return | 53.64% | 66.78% |
| 1Y Return | 221.26% | 199.74% |
| 3Y Return (Ann) | -16.47% | -17.93% |
| Sharpe Ratio | 2.69 | 2.60 |
| Sortino Ratio | 2.90 | 3.01 |
| Omega Ratio | 1.35 | 1.34 |
| Calmar Ratio | 2.48 | 2.47 |
| Martin Ratio | 10.56 | 9.93 |
| Ulcer Index | 19.33% | 20.33% |
| Daily Std Dev | 75.90% | 77.51% |
| Max Drawdown | -92.21% | -91.90% |
| Current Drawdown | -44.76% | -45.13% |
Correlation
The correlation between DAPP.L and DAPP is 0.69, 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
DAPP.L vs. DAPP - Performance Comparison
In the year-to-date period, DAPP.L achieves a 53.64% return, which is significantly lower than DAPP's 66.78% 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. DAPP - Expense Ratio Comparison
DAPP.L has a 0.65% expense ratio, which is higher than DAPP's 0.50% expense ratio.
Risk-Adjusted Performance
DAPP.L vs. DAPP - 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 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
DAPP.L vs. DAPP - Dividend Comparison
Neither DAPP.L nor DAPP has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
DAPP.L VanEck Digital Assets Equity UCITS ETF A USD Acc | 0.00% | 0.00% | 0.00% | 0.00% |
DAPP VanEck Digital Transformation ETF | 0.00% | 0.00% | 0.00% | 10.13% |
Drawdowns
DAPP.L vs. DAPP - Drawdown Comparison
The maximum DAPP.L drawdown since its inception was -92.21%, roughly equal to the maximum DAPP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for DAPP.L and DAPP. For additional features, visit the drawdowns tool.
Volatility
DAPP.L vs. DAPP - Volatility Comparison
The current volatility for VanEck Digital Assets Equity UCITS ETF A USD Acc (DAPP.L) is 23.49%, while VanEck Digital Transformation ETF (DAPP) has a volatility of 29.19%. This indicates that DAPP.L 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.