DAPP vs. COIN
DAPP (VanEck Digital Transformation ETF) is Blockchain fund tracking the MVIS Global Digital Assets Equity Index, while COIN (Coinbase Global, Inc.) is a stock. Over the past 5 years, DAPP returned -3.48%/yr vs -9.17%/yr for COIN. Their correlation of 0.81 means they have usually moved in the same direction.
Performance
DAPP vs. COIN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DAPP achieves a 6.65% return, which is significantly higher than COIN's -35.32% return.
DAPP
- 1D
- -3.40%
- 1M
- -4.60%
- 6M
- -2.22%
- YTD
- 6.65%
- 1Y
- 9.98%
- 3Y*
- 30.75%
- 5Y*
- -3.48%
- 10Y*
- —
- ALL TIME*
- -11.19%
COIN
- 1D
- -10.59%
- 1M
- -11.61%
- 6M
- -24.89%
- YTD
- -35.32%
- 1Y
- -53.52%
- 3Y*
- 15.82%
- 5Y*
- -9.17%
- 10Y*
- —
- ALL TIME*
- -16.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.37B | $1.19B | $1.50B | |
| $5.30M | $5.85M | $16.14M |
DAPP vs. COIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DAPP VanEck Digital Transformation ETF | 6.65% | 15.03% | 44.87% | 285.02% | -85.60% | -45.88% |
COIN Coinbase Global, Inc. | -35.32% | -8.92% | 42.77% | 391.44% | -85.98% | -33.76% |
Correlation
The correlation between DAPP and COIN is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2021 | 0.81 |
The correlation between DAPP and COIN has been stable across timeframes, ranging from 0.72 to 0.81 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DAPP vs. COIN — Risk / Return Rank
DAPP
COIN
DAPP vs. COIN - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DAPP | COIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.84 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | -0.97 | +0.98 |
| Martin ratioReturn relative to average drawdown | 0.03 | -1.45 | +1.48 |
Loading charts...
Drawdowns
DAPP vs. COIN - Drawdown Comparison
The maximum DAPP drawdown since its inception was -92.61%, roughly equal to the maximum COIN drawdown of -91.46%. Use the drawdown chart below to compare losses from any high point for DAPP and COIN.
Loading charts...
Drawdown Indicators
| DAPP | COIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.61% | -91.46% | -1.15% |
Max Drawdown (1Y)Largest decline over 1 year | -48.21% | -63.57% | +15.36% |
Max Drawdown (3Y)Largest decline over 3 years | -58.88% | -66.39% | +7.51% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -90.90% | -1.00% |
Current DrawdownCurrent decline from peak | -46.67% | -65.16% | +18.49% |
Average DrawdownAverage peak-to-trough decline | -60.79% | -52.82% | -7.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.69% | 42.68% | -15.99% |
Volatility
DAPP vs. COIN - Volatility Comparison
VanEck Digital Transformation ETF (DAPP) has a higher volatility of 21.95% compared to Coinbase Global, Inc. (COIN) at 20.29%. This indicates that DAPP's price experiences larger fluctuations and is considered to be riskier than COIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DAPP | COIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.95% | 20.29% | +1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 47.95% | 54.91% | -6.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.80% | 69.65% | -4.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.12% | 86.15% | -13.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.72% | 85.12% | -12.40% |
Dividends
DAPP vs. COIN - Dividend Comparison
Neither DAPP nor COIN has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
COIN Coinbase Global, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DAPP VanEck Digital Transformation ETF | 0.00% | 0.00% | 4.04% | 0.00% | 0.00% | 10.13% |
Frequently Asked Questions
DAPP and COIN have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DAPP has higher volatility (21.95%) compared to COIN (20.29%). In terms of maximum drawdown, DAPP dropped -92.61% vs COIN's -91.46%.
DAPP currently has the higher Sharpe Ratio (0.01 vs -0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DAPP and COIN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer