DAPP vs. HSBK.L

Last updated Apr 1, 2026

Compare and contrast key facts about VanEck Digital Transformation ETF (DAPP) and Halyk Bank AO DRC (HSBK.L).

DAPP is a passively managed fund by VanEck that tracks the performance of the MVIS Global Digital Assets Equity Index. It was launched on Apr 9, 2021.

Performance

DAPP vs. HSBK.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Digital Transformation ETF (DAPP) and Halyk Bank AO DRC (HSBK.L). The values are adjusted to include any dividend payments, if applicable.

DAPP vs. HSBK.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DAPP VanEck Digital Transformation ETF	-9.74%	15.03%	44.87%	285.02%	-85.60%	-38.65%
HSBK.L Halyk Bank AO DRC	6.17%	77.45%	51.23%	62.42%	-25.33%	28.00%

Returns By Period

In the year-to-date period, DAPP achieves a -9.74% return, which is significantly lower than HSBK.L's 6.17% return.

DAPP

• 1D: 6.88%
• 1M: -6.34%
• YTD: -9.74%
• 6M: -31.40%
• 1Y: 65.23%
• 3Y*: 49.37%
• 5Y*: —
• 10Y*: —

HSBK.L

• 1D: -2.29%
• 1M: -4.18%
• YTD: 6.17%
• 6M: 20.37%
• 1Y: 48.57%
• 3Y*: 64.40%
• 5Y*: 35.46%
• 10Y*: 35.37%

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

Return for Risk

DAPP vs. HSBK.L — Risk / Return Rank

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

DAPP

DAPP Risk / Return Rank: 53
DAPP Sharpe Ratio Rank: 58
DAPP Sortino Ratio Rank: 69
DAPP Omega Ratio Rank: 54
DAPP Calmar Ratio Rank: 53
DAPP Martin Ratio Rank: 32

HSBK.L

HSBK.L Risk / Return Rank: 86
HSBK.L Sharpe Ratio Rank: 86
HSBK.L Sortino Ratio Rank: 85
HSBK.L Omega Ratio Rank: 87
HSBK.L Calmar Ratio Rank: 83
HSBK.L Martin Ratio Rank: 91

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. HSBK.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and Halyk Bank AO DRC (HSBK.L). 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	HSBK.L	Difference
Sharpe ratio Return per unit of total volatility	0.98	1.54	-0.56
Sortino ratio Return per unit of downside risk	1.67	2.38	-0.71
Omega ratio Gain probability vs. loss probability	1.19	1.34	-0.15
Calmar ratio Return relative to maximum drawdown	1.24	2.55	-1.31
Martin ratio Return relative to average drawdown	2.72	10.92	-8.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DAPP vs. HSBK.L - Sharpe Ratio Comparison

The current DAPP Sharpe Ratio is 0.98, which is lower than the HSBK.L Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of DAPP and HSBK.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DAPP	HSBK.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	1.54	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.18	-0.35

Correlation

The correlation between DAPP and HSBK.L is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

DAPP vs. HSBK.L - Dividend Comparison

DAPP has not paid dividends to shareholders, while HSBK.L's dividend yield for the trailing twelve months is around 12.10%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DAPP VanEck Digital Transformation ETF	0.00%	0.00%	4.04%	0.00%	0.00%	10.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HSBK.L Halyk Bank AO DRC	12.10%	12.85%	15.27%	14.72%	9.72%	9.97%	13.81%	8.32%	7.18%	0.00%	0.00%	13.23%

Drawdowns

DAPP vs. HSBK.L - Drawdown Comparison

The maximum DAPP drawdown since its inception was -91.90%, roughly equal to the maximum HSBK.L drawdown of -93.79%. Use the drawdown chart below to compare losses from any high point for DAPP and HSBK.L.

Drawdown Indicators

	DAPP	HSBK.L	Difference
Max Drawdown Largest peak-to-trough decline	-91.90%	-93.79%	+1.89%
Max Drawdown (1Y) Largest decline over 1 year	-48.21%	-19.72%	-28.49%
Max Drawdown (5Y) Largest decline over 5 years	—	-61.63%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.63%	—
Current Drawdown Current decline from peak	-50.51%	-4.89%	-45.62%
Average Drawdown Average peak-to-trough decline	-58.23%	-46.23%	-12.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.05%	4.07%	+17.98%

Volatility

DAPP vs. HSBK.L - Volatility Comparison

VanEck Digital Transformation ETF (DAPP) has a higher volatility of 19.45% compared to Halyk Bank AO DRC (HSBK.L) at 6.36%. This indicates that DAPP's price experiences larger fluctuations and is considered to be riskier than HSBK.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAPP	HSBK.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.45%	6.36%	+13.09%
Volatility (6M) Calculated over the trailing 6-month period	50.35%	17.30%	+33.05%
Volatility (1Y) Calculated over the trailing 1-year period	66.96%	31.35%	+35.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.29%	38.99%	+34.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.29%	40.51%	+32.78%