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

Performance

DAPP vs. BKCH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Digital Transformation ETF (DAPP) and Global X Blockchain ETF (BKCH). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
73.62%
49.11%
DAPP
BKCH

Returns By Period

In the year-to-date period, DAPP achieves a 69.75% return, which is significantly higher than BKCH's 41.57% return.


DAPP

YTD

69.75%

1M

25.27%

6M

73.63%

1Y

180.82%

5Y (annualized)

N/A

10Y (annualized)

N/A

BKCH

YTD

41.57%

1M

18.54%

6M

49.12%

1Y

140.95%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


DAPPBKCH
Sharpe Ratio2.451.83
Sortino Ratio2.912.53
Omega Ratio1.331.29
Calmar Ratio2.361.83
Martin Ratio9.306.68
Ulcer Index20.36%22.32%
Daily Std Dev77.30%81.61%
Max Drawdown-91.90%-91.80%
Current Drawdown-44.15%-55.07%

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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%

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.

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.


Sharpe ratio
The chart of Sharpe ratio for DAPP, currently valued at 2.45, compared to the broader market0.002.004.002.451.83
The chart of Sortino ratio for DAPP, currently valued at 2.91, compared to the broader market-2.000.002.004.006.008.0010.0012.002.912.53
The chart of Omega ratio for DAPP, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.331.29
The chart of Calmar ratio for DAPP, currently valued at 2.36, compared to the broader market0.005.0010.0015.002.361.83
The chart of Martin ratio for DAPP, currently valued at 9.30, compared to the broader market0.0020.0040.0060.0080.00100.009.306.68
DAPP
BKCH

The current DAPP Sharpe Ratio is 2.45, which is higher than the BKCH Sharpe Ratio of 1.83. 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
2.45
1.83
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 1.58%.


TTM202320222021
DAPP
VanEck Digital Transformation ETF
0.00%0.00%0.00%10.13%
BKCH
Global X Blockchain ETF
1.58%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
-44.15%
-55.07%
DAPP
BKCH

Volatility

DAPP vs. BKCH - Volatility Comparison

The current volatility for VanEck Digital Transformation ETF (DAPP) is 28.79%, while Global X Blockchain ETF (BKCH) has a volatility of 30.62%. 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
28.79%
30.62%
DAPP
BKCH