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

Performance

DAPP vs. BLCN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Digital Transformation ETF (DAPP) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
73.63%
10.44%
DAPP
BLCN

Returns By Period

In the year-to-date period, DAPP achieves a 69.75% return, which is significantly higher than BLCN's 18.06% return.


DAPP

YTD

69.75%

1M

25.27%

6M

73.63%

1Y

180.82%

5Y (annualized)

N/A

10Y (annualized)

N/A

BLCN

YTD

18.06%

1M

10.19%

6M

10.45%

1Y

41.34%

5Y (annualized)

3.90%

10Y (annualized)

N/A

Key characteristics


DAPPBLCN
Sharpe Ratio2.451.14
Sortino Ratio2.911.76
Omega Ratio1.331.20
Calmar Ratio2.360.72
Martin Ratio9.305.20
Ulcer Index20.36%8.36%
Daily Std Dev77.30%38.02%
Max Drawdown-91.90%-64.38%
Current Drawdown-44.15%-43.67%

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DAPP vs. BLCN - Expense Ratio Comparison

DAPP has a 0.50% expense ratio, which is lower than BLCN's 0.68% expense ratio.


BLCN
Siren ETF Trust Siren Nasdaq NexGen Economy ETF
Expense ratio chart for BLCN: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
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%

Correlation

-0.50.00.51.00.7

The correlation between DAPP and BLCN is 0.74, 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. BLCN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN). 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 market0.002.004.002.451.14
The chart of Sortino ratio for DAPP, currently valued at 2.91, compared to the broader market-2.000.002.004.006.008.0010.002.911.76
The chart of Omega ratio for DAPP, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.331.20
The chart of Calmar ratio for DAPP, currently valued at 2.36, compared to the broader market0.005.0010.0015.002.360.72
The chart of Martin ratio for DAPP, currently valued at 9.30, compared to the broader market0.0020.0040.0060.0080.00100.009.305.20
DAPP
BLCN

The current DAPP Sharpe Ratio is 2.45, which is higher than the BLCN Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of DAPP and BLCN, 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 Ratio0.000.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.45
1.14
DAPP
BLCN

Dividends

DAPP vs. BLCN - Dividend Comparison

DAPP has not paid dividends to shareholders, while BLCN's dividend yield for the trailing twelve months is around 0.62%.


TTM202320222021202020192018
DAPP
VanEck Digital Transformation ETF
0.00%0.00%0.00%10.13%0.00%0.00%0.00%
BLCN
Siren ETF Trust Siren Nasdaq NexGen Economy ETF
0.62%0.54%1.28%0.56%0.58%1.45%1.15%

Drawdowns

DAPP vs. BLCN - Drawdown Comparison

The maximum DAPP drawdown since its inception was -91.90%, which is greater than BLCN's maximum drawdown of -64.38%. Use the drawdown chart below to compare losses from any high point for DAPP and BLCN. For additional features, visit the drawdowns tool.


-70.00%-65.00%-60.00%-55.00%-50.00%-45.00%-40.00%-35.00%JuneJulyAugustSeptemberOctoberNovember
-44.15%
-43.67%
DAPP
BLCN

Volatility

DAPP vs. BLCN - Volatility Comparison

VanEck Digital Transformation ETF (DAPP) has a higher volatility of 28.79% compared to Siren ETF Trust Siren Nasdaq NexGen Economy ETF (BLCN) at 14.42%. This indicates that DAPP's price experiences larger fluctuations and is considered to be riskier than BLCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
28.79%
14.42%
DAPP
BLCN