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

Performance

DAPP vs. COIN - Performance Comparison

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

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
61.27%
44.50%
DAPP
COIN

Returns By Period

In the year-to-date period, DAPP achieves a 68.19% return, which is significantly lower than COIN's 87.10% return.


DAPP

YTD

68.19%

1M

26.95%

6M

61.29%

1Y

191.81%

5Y (annualized)

N/A

10Y (annualized)

N/A

COIN

YTD

87.10%

1M

47.77%

6M

44.50%

1Y

228.53%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


DAPPCOIN
Sharpe Ratio2.532.73
Sortino Ratio2.963.17
Omega Ratio1.341.36
Calmar Ratio2.413.26
Martin Ratio9.6110.22
Ulcer Index20.36%23.07%
Daily Std Dev77.45%86.59%
Max Drawdown-91.90%-90.90%
Current Drawdown-44.66%-8.95%

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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.

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.


Sharpe ratio
The chart of Sharpe ratio for DAPP, currently valued at 2.53, compared to the broader market0.002.004.002.532.73
The chart of Sortino ratio for DAPP, currently valued at 2.96, compared to the broader market-2.000.002.004.006.008.0010.002.963.17
The chart of Omega ratio for DAPP, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.36
The chart of Calmar ratio for DAPP, currently valued at 2.41, compared to the broader market0.005.0010.0015.002.413.26
The chart of Martin ratio for DAPP, currently valued at 9.61, compared to the broader market0.0020.0040.0060.0080.00100.009.6110.22
DAPP
COIN

The current DAPP Sharpe Ratio is 2.53, which is comparable to the COIN Sharpe Ratio of 2.73. 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
2.53
2.73
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
-44.66%
-8.95%
DAPP
COIN

Volatility

DAPP vs. COIN - Volatility Comparison

The current volatility for VanEck Digital Transformation ETF (DAPP) is 28.63%, while Coinbase Global, Inc. (COIN) has a volatility of 42.24%. 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.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%JuneJulyAugustSeptemberOctoberNovember
28.63%
42.24%
DAPP
COIN