DAPP vs. CRPT

Last updated Jun 24, 2026

DAPP (VanEck Digital Transformation ETF) and CRPT (First Trust SkyBridge Crypto Industry & Digital Economy ETF) are both exchange-traded funds - DAPP is a Blockchain fund tracking the MVIS Global Digital Assets Equity Index, while CRPT is a Technology Equities fund actively managed by First Trust. DAPP is passively managed, while CRPT is actively managed. Over the past 3 years, DAPP returned 50.55%/yr vs 32.74%/yr for CRPT. Their correlation of 0.93 suggests significant overlap in exposure. DAPP charges 0.52%/yr vs 0.85%/yr for CRPT.

Performance

DAPP vs. CRPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Digital Transformation ETF (DAPP) and First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DAPP achieves a 29.28% return, which is significantly higher than CRPT's -14.19% return.

DAPP

• 1D: -2.33%
• 1M: 0.47%
• YTD: 29.28%
• 6M: 20.33%
• 1Y: 41.24%
• 3Y*: 50.55%
• 5Y*: -0.51%
• 10Y*: —

CRPT

• 1D: -4.17%
• 1M: -11.05%
• YTD: -14.19%
• 6M: -19.90%
• 1Y: -38.88%
• 3Y*: 32.74%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DAPP vs. CRPT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DAPP VanEck Digital Transformation ETF	29.28%	15.03%	44.87%	285.02%	-85.60%	-16.42%
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	-14.19%	-9.54%	75.29%	193.86%	-80.84%	-9.59%

Correlation

The correlation between DAPP and CRPT is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since Sep 21, 2021	0.93

The correlation between DAPP and CRPT has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.

DAPP vs. CRPT - Sectors Allocation Comparison

Sectors	DAPP	CRPT
Financial Services	62.8%	70.1%
Technology	34.7%	15.6%
Consumer Cyclical	2.5%	14.3%
Basic Materials	-	-
Communication Services	-	4.3%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

DAPP vs. CRPT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DAPP

DAPP Risk / Return Rank: 20
DAPP Sharpe Ratio Rank: 20
DAPP Sortino Ratio Rank: 24
DAPP Omega Ratio Rank: 22
DAPP Calmar Ratio Rank: 20
DAPP Martin Ratio Rank: 17

CRPT

CRPT Risk / Return Rank: 4
CRPT Sharpe Ratio Rank: 4
CRPT Sortino Ratio Rank: 4
CRPT Omega Ratio Rank: 4
CRPT Calmar Ratio Rank: 3
CRPT Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DAPP vs. CRPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT). 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	CRPT	Difference
Sharpe ratio: Return per unit of total volatility	0.67	-0.67	+1.34
Sortino ratio: Return per unit of downside risk	1.27	-0.79	+2.06
Omega ratio: Gain probability vs. loss probability	1.15	0.91	+0.24
Calmar ratio: Return relative to maximum drawdown	0.86	-0.69	+1.55
Martin ratio: Return relative to average drawdown	1.65	-1.15	+2.80

DAPP vs. CRPT - Sharpe Ratio Comparison

The current DAPP Sharpe Ratio is 0.67, which is higher than the CRPT Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of DAPP and CRPT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DAPP vs. CRPT - Drawdown Comparison

The maximum DAPP drawdown since its inception was -92.61%, roughly equal to the maximum CRPT drawdown of -88.34%. Use the drawdown chart below to compare losses from any high point for DAPP and CRPT.

Drawdown Indicators

	DAPP	CRPT	Difference
Max Drawdown Largest peak-to-trough decline	-92.61%	-88.34%	-4.27%
Max Drawdown (1Y) Largest decline over 1 year	-48.21%	-56.46%	+8.25%
Max Drawdown (3Y) Largest decline over 3 years	-58.88%	-56.46%	-2.42%
Max Drawdown (5Y) Largest decline over 5 years	-91.90%	—	—
Current Drawdown Current decline from peak	-35.35%	-50.20%	+14.85%
Average Drawdown Average peak-to-trough decline	-61.14%	-52.56%	-8.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.99%	33.85%	-8.86%

Volatility

DAPP vs. CRPT - Volatility Comparison

VanEck Digital Transformation ETF (DAPP) and First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) have volatilities of 17.54% and 17.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAPP	CRPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.54%	17.83%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	46.50%	46.61%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	62.15%	58.13%	+4.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.12%	72.66%	+0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.78%	72.66%	+0.12%

DAPP vs. CRPT - Expense Ratio Comparison

DAPP has a 0.52% expense ratio, which is lower than CRPT's 0.85% expense ratio.

Dividends

DAPP vs. CRPT - Dividend Comparison

DAPP has not paid dividends to shareholders, while CRPT's dividend yield for the trailing twelve months is around 0.88%.

Position	TTM	2025	2024	2023	2022	2021
CRPT First Trust SkyBridge Crypto Industry & Digital Economy ETF	0.88%	0.75%	1.84%	0.00%	0.03%	1.16%
DAPP VanEck Digital Transformation ETF	0.00%	0.00%	4.04%	0.00%	0.00%	10.13%

Frequently Asked Questions

Can I hold both DAPP and CRPT in my portfolio?

DAPP and CRPT have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DAPP or CRPT?

CRPT has higher volatility (17.83%) compared to DAPP (17.54%). In terms of maximum drawdown, DAPP dropped -92.61% vs CRPT's -88.34%.

Which ETF is better, DAPP or CRPT?

On 3-year performance, DAPP leads with 50.55% vs 32.74% for CRPT. On fees, DAPP is cheaper at 0.52% per year. On volatility, DAPP has been the lower-risk option at 17.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DAPP or CRPT?

Over the 3-year period, DAPP has performed better with a 50.55% return vs 32.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DAPP or CRPT?

DAPP is cheaper with a 0.52% expense ratio, compared with 0.85% for CRPT.

Which ETF pays a higher dividend yield, DAPP or CRPT?

CRPT has the higher dividend yield at 0.88%, compared with 0.00% for DAPP.

What is the main difference between DAPP and CRPT?

DAPP is categorized as Blockchain, while CRPT is Technology Equities. They also come from different issuers: VanEck and First Trust. Their fees differ too: 0.52% for DAPP and 0.85% for CRPT.

Which has better risk-adjusted returns?

DAPP currently has the higher Sharpe Ratio (0.67 vs -0.67), 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.