DAPP vs. PYPL
DAPP (VanEck Digital Transformation ETF) is Technology Equities fund tracking the MVIS Global Digital Assets Equity Index, while PYPL (PayPal Holdings, Inc.) is a stock. Over the past 5 years, DAPP returned -0.86%/yr vs -31.28%/yr for PYPL. A 0.50 correlation means they provide meaningful diversification when combined.
Performance
DAPP vs. PYPL - Performance Comparison
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Returns By Period
In the year-to-date period, DAPP achieves a 25.17% return, which is significantly higher than PYPL's -28.91% return.
DAPP
- 1D
- 6.87%
- 1M
- -4.74%
- YTD
- 25.17%
- 6M
- 4.13%
- 1Y
- 38.49%
- 3Y*
- 57.49%
- 5Y*
- -0.86%
- 10Y*
- —
PYPL
- 1D
- 1.33%
- 1M
- -8.94%
- YTD
- -28.91%
- 6M
- -32.73%
- 1Y
- -44.25%
- 3Y*
- -13.26%
- 5Y*
- -31.28%
- 10Y*
- 1.30%
DAPP vs. PYPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DAPP VanEck Digital Transformation ETF | 25.17% | 15.03% | 44.87% | 285.02% | -85.60% | -45.88% |
PYPL PayPal Holdings, Inc. | -28.91% | -31.44% | 38.98% | -13.77% | -62.23% | -31.53% |
Correlation
The correlation between DAPP and PYPL is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2021 | 0.50 |
The correlation between DAPP and PYPL shifts across timeframes, from 0.37 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DAPP vs. PYPL — Risk / Return Rank
DAPP
PYPL
DAPP vs. PYPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and PayPal Holdings, Inc. (PYPL). 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 | PYPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.75 | ||
| Sortino ratioReturn per unit of downside risk | +2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 0.78 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | -0.89 | +1.69 |
| Martin ratioReturn relative to average drawdown | 1.56 | -1.56 | +3.11 |
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Drawdowns
DAPP vs. PYPL - Drawdown Comparison
The maximum DAPP drawdown since its inception was -92.61%, which is greater than PYPL's maximum drawdown of -87.30%. Use the drawdown chart below to compare losses from any high point for DAPP and PYPL.
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Drawdown Indicators
| DAPP | PYPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.61% | -87.30% | -5.31% |
Max Drawdown (1Y)Largest decline over 1 year | -48.21% | -49.92% | +1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -58.88% | -57.34% | -1.54% |
Max Drawdown (5Y)Largest decline over 5 years | -91.90% | -87.30% | -4.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -87.30% | — |
Current DrawdownCurrent decline from peak | -37.41% | -86.52% | +49.11% |
Average DrawdownAverage peak-to-trough decline | -61.28% | -35.88% | -25.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.81% | 28.45% | -3.64% |
Volatility
DAPP vs. PYPL - Volatility Comparison
VanEck Digital Transformation ETF (DAPP) has a higher volatility of 19.25% compared to PayPal Holdings, Inc. (PYPL) at 6.92%. This indicates that DAPP's price experiences larger fluctuations and is considered to be riskier than PYPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DAPP | PYPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.25% | 6.92% | +12.33% |
Volatility (6M)Calculated over the trailing 6-month period | 47.92% | 31.72% | +16.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.53% | 39.09% | +23.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.13% | 42.09% | +31.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 72.92% | 38.77% | +34.15% |
Dividends
DAPP vs. PYPL - Dividend Comparison
DAPP has not paid dividends to shareholders, while PYPL's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
DAPP VanEck Digital Transformation ETF | 0.00% | 0.00% | 4.04% | 0.00% | 0.00% | 10.13% |
PYPL PayPal Holdings, Inc. | 1.02% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DAPP and PYPL have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DAPP has higher volatility (19.25%) compared to PYPL (6.92%). In terms of maximum drawdown, DAPP dropped -92.61% vs PYPL's -87.30%.
DAPP currently has the higher Sharpe Ratio (0.62 vs -1.14), 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.
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