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

Key characteristics


DAPPCOIN
YTD Return83.46%86.43%
1Y Return221.29%248.95%
3Y Return (Ann)-15.31%-1.87%
Sharpe Ratio2.862.93
Sortino Ratio3.173.31
Omega Ratio1.361.37
Calmar Ratio2.693.36
Martin Ratio10.8410.82
Ulcer Index20.32%23.03%
Daily Std Dev77.23%85.34%
Max Drawdown-91.90%-90.90%
Current Drawdown-39.64%-9.28%

Correlation

-0.50.00.51.00.8

The correlation between DAPP and COIN is 0.83, 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. COIN - Performance Comparison

The year-to-date returns for both investments are quite close, with DAPP having a 83.46% return and COIN slightly higher at 86.43%. 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%100.00%JuneJulyAugustSeptemberOctoberNovember
107.00%
62.53%
DAPP
COIN

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

DAPP vs. COIN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and Coinbase Global, Inc. (COIN). 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 2.86, compared to the broader market-2.000.002.004.006.002.86
Sortino ratio
The chart of Sortino ratio for DAPP, currently valued at 3.17, compared to the broader market0.005.0010.003.17
Omega ratio
The chart of Omega ratio for DAPP, currently valued at 1.36, compared to the broader market1.001.502.002.503.001.36
Calmar ratio
The chart of Calmar ratio for DAPP, currently valued at 2.69, compared to the broader market0.005.0010.0015.002.69
Martin ratio
The chart of Martin ratio for DAPP, currently valued at 10.84, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.84
COIN
Sharpe ratio
The chart of Sharpe ratio for COIN, currently valued at 2.93, compared to the broader market-2.000.002.004.006.002.93
Sortino ratio
The chart of Sortino ratio for COIN, currently valued at 3.31, compared to the broader market0.005.0010.003.31
Omega ratio
The chart of Omega ratio for COIN, currently valued at 1.37, compared to the broader market1.001.502.002.503.001.37
Calmar ratio
The chart of Calmar ratio for COIN, currently valued at 3.36, compared to the broader market0.005.0010.0015.003.36
Martin ratio
The chart of Martin ratio for COIN, currently valued at 10.82, compared to the broader market0.0020.0040.0060.0080.00100.00120.0010.82

DAPP vs. COIN - Sharpe Ratio Comparison

The current DAPP Sharpe Ratio is 2.86, which is comparable to the COIN Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of DAPP and COIN, 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 Ratio0.001.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
2.86
2.93
DAPP
COIN

Dividends

DAPP vs. COIN - Dividend Comparison

Neither DAPP nor COIN has paid dividends to shareholders.


TTM202320222021
DAPP
VanEck Digital Transformation ETF
0.00%0.00%0.00%10.13%
COIN
Coinbase Global, Inc.
0.00%0.00%0.00%0.00%

Drawdowns

DAPP vs. COIN - Drawdown Comparison

The maximum DAPP drawdown since its inception was -91.90%, roughly equal to the maximum COIN drawdown of -90.90%. Use the drawdown chart below to compare losses from any high point for DAPP and COIN. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-39.64%
-9.28%
DAPP
COIN

Volatility

DAPP vs. COIN - Volatility Comparison

The current volatility for VanEck Digital Transformation ETF (DAPP) is 27.25%, while Coinbase Global, Inc. (COIN) has a volatility of 40.52%. This indicates that DAPP experiences smaller price fluctuations and is considered to be less risky than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


15.00%20.00%25.00%30.00%35.00%40.00%JuneJulyAugustSeptemberOctoberNovember
27.25%
40.52%
DAPP
COIN