DAPP vs. BCIM

Last updated Jun 4, 2026

DAPP (VanEck Digital Transformation ETF) and BCIM (abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF) are both exchange-traded funds - DAPP is a Technology Equities fund tracking the MVIS Global Digital Assets Equity Index, while BCIM is a Metals fund tracking the Bloomberg Industrial Metals. Both are passively managed. At a 0.22 correlation, their price movements are largely independent. DAPP charges 0.50%/yr vs 0.41%/yr for BCIM.

Performance

DAPP vs. BCIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Digital Transformation ETF (DAPP) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DAPP

• 1D: -2.57%
• 1M: 10.45%
• YTD: 33.03%
• 6M: 15.86%
• 1Y: 55.85%
• 3Y*: 57.26%
• 5Y*: -0.16%
• 10Y*: —

BCIM

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DAPP vs. BCIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DAPP VanEck Digital Transformation ETF	33.03%	15.03%	44.87%	285.02%	-85.60%	-20.34%
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	0.00%	10.71%	3.30%	-9.68%	-3.29%	4.17%

Correlation

The correlation between DAPP and BCIM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021	0.22

Return for Risk

DAPP vs. BCIM — Risk / Return Rank

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

DAPP

DAPP Risk / Return Rank: 25
DAPP Sharpe Ratio Rank: 25
DAPP Sortino Ratio Rank: 28
DAPP Omega Ratio Rank: 26
DAPP Calmar Ratio Rank: 24
DAPP Martin Ratio Rank: 20

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.

DAPP vs. BCIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM). 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.

	DAPP	BCIM	Difference
Sharpe ratio: Return per unit of total volatility	0.91	—	—
Sortino ratio: Return per unit of downside risk	1.54	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	1.16	—	—
Martin ratio: Return relative to average drawdown	2.28	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DAPP	BCIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.91	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	—	—

Drawdowns

Drawdown Indicators

	DAPP	BCIM	Difference
Max Drawdown Largest peak-to-trough decline	-91.90%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-48.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-58.88%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-91.90%	—	—
Current Drawdown Current decline from peak	-27.06%	—	—
Average Drawdown Average peak-to-trough decline	-57.42%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	24.56%	—	—

Volatility

Volatility by Period

	DAPP	BCIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	61.71%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.64%	—	—

DAPP vs. BCIM - Expense Ratio Comparison

DAPP has a 0.50% expense ratio, which is higher than BCIM's 0.41% expense ratio.

Dividends

DAPP vs. BCIM - Dividend Comparison

DAPP has not paid dividends to shareholders, while BCIM's dividend yield for the trailing twelve months is around 3.77%.

Position	TTM	2025	2024	2023	2022	2021
BCIM abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF	3.77%	3.77%	11.47%	3.36%	0.72%	1.57%
DAPP VanEck Digital Transformation ETF	0.00%	0.00%	4.04%	0.00%	0.00%	10.13%

Frequently Asked Questions

Can I hold both DAPP and BCIM in my portfolio?

DAPP and BCIM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DAPP or BCIM?

On fees, BCIM is cheaper at 0.41% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DAPP or BCIM?

BCIM is cheaper with a 0.41% expense ratio, compared with 0.50% for DAPP.

Which ETF pays a higher dividend yield, DAPP or BCIM?

BCIM has the higher dividend yield at 3.77%, compared with 0.00% for DAPP.

What is the main difference between DAPP and BCIM?

DAPP is categorized as Technology Equities, while BCIM is Metals. DAPP tracks MVIS Global Digital Assets Equity Index, while BCIM tracks Bloomberg Industrial Metals. They also come from different issuers: VanEck and Aberdeen. Their fees differ too: 0.50% for DAPP and 0.41% for BCIM.