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

Key characteristics


DAPPBKCH
YTD Return66.78%40.53%
1Y Return199.74%170.44%
3Y Return (Ann)-17.93%-23.23%
Sharpe Ratio2.602.12
Sortino Ratio3.012.73
Omega Ratio1.341.31
Calmar Ratio2.472.08
Martin Ratio9.937.82
Ulcer Index20.33%22.25%
Daily Std Dev77.51%81.99%
Max Drawdown-91.90%-91.80%
Current Drawdown-45.13%-55.40%

Correlation

-0.50.00.51.01.0

The correlation between DAPP and BKCH is 0.98, 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 vs. BKCH - Performance Comparison

In the year-to-date period, DAPP achieves a 66.78% return, which is significantly higher than BKCH's 40.53% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
72.49%
49.93%
DAPP
BKCH

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DAPP vs. BKCH - Expense Ratio Comparison

Both DAPP and BKCH have an expense ratio of 0.50%.


DAPP
VanEck Digital Transformation ETF
Expense ratio chart for DAPP: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for BKCH: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

DAPP vs. BKCH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and Global X Blockchain ETF (BKCH). 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
Sharpe ratio
The chart of Sharpe ratio for DAPP, currently valued at 2.60, compared to the broader market-2.000.002.004.002.60
Sortino ratio
The chart of Sortino ratio for DAPP, currently valued at 3.01, compared to the broader market-2.000.002.004.006.008.0010.0012.003.01
Omega ratio
The chart of Omega ratio for DAPP, currently valued at 1.34, compared to the broader market1.001.502.002.503.001.34
Calmar ratio
The chart of Calmar ratio for DAPP, currently valued at 2.47, compared to the broader market0.005.0010.0015.002.47
Martin ratio
The chart of Martin ratio for DAPP, currently valued at 9.93, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.93
BKCH
Sharpe ratio
The chart of Sharpe ratio for BKCH, currently valued at 2.12, compared to the broader market-2.000.002.004.002.12
Sortino ratio
The chart of Sortino ratio for BKCH, currently valued at 2.73, compared to the broader market-2.000.002.004.006.008.0010.0012.002.73
Omega ratio
The chart of Omega ratio for BKCH, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for BKCH, currently valued at 2.08, compared to the broader market0.005.0010.0015.002.08
Martin ratio
The chart of Martin ratio for BKCH, currently valued at 7.82, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.82

DAPP vs. BKCH - Sharpe Ratio Comparison

The current DAPP Sharpe Ratio is 2.60, which is comparable to the BKCH Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of DAPP and BKCH, 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 Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.60
2.12
DAPP
BKCH

Dividends

DAPP vs. BKCH - Dividend Comparison

DAPP has not paid dividends to shareholders, while BKCH's dividend yield for the trailing twelve months is around 1.59%.


TTM202320222021
DAPP
VanEck Digital Transformation ETF
0.00%0.00%0.00%10.13%
BKCH
Global X Blockchain ETF
1.59%2.33%1.30%4.28%

Drawdowns

DAPP vs. BKCH - Drawdown Comparison

The maximum DAPP drawdown since its inception was -91.90%, roughly equal to the maximum BKCH drawdown of -91.80%. Use the drawdown chart below to compare losses from any high point for DAPP and BKCH. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%JuneJulyAugustSeptemberOctoberNovember
-45.13%
-55.40%
DAPP
BKCH

Volatility

DAPP vs. BKCH - Volatility Comparison

The current volatility for VanEck Digital Transformation ETF (DAPP) is 29.19%, while Global X Blockchain ETF (BKCH) has a volatility of 31.30%. This indicates that DAPP experiences smaller price fluctuations and is considered to be less risky than BKCH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
29.19%
31.30%
DAPP
BKCH