DAPP vs. TRUT

Last updated Apr 1, 2026

Compare and contrast key facts about VanEck Digital Transformation ETF (DAPP) and Vaneck Technology Trusector ETF (TRUT).

DAPP and TRUT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. TRUT is an actively managed fund by VanEck. It was launched on Aug 20, 2025.

Performance

DAPP vs. TRUT - Performance Comparison

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

DAPP vs. TRUT - Yearly Performance Comparison

	2026 (YTD)	2025
DAPP VanEck Digital Transformation ETF	-9.74%	-1.37%
TRUT Vaneck Technology Trusector ETF	-9.61%	10.16%

Returns By Period

The year-to-date returns for both investments are quite close, with DAPP having a -9.74% return and TRUT slightly higher at -9.61%.

DAPP

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

TRUT

• 1D: 4.20%
• 1M: -3.85%
• YTD: -9.61%
• 6M: -8.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DAPP vs. TRUT - Expense Ratio Comparison

DAPP has a 0.50% expense ratio, which is higher than TRUT's 0.13% expense ratio.

DAPP

VanEck Digital Transformation ETF

TRUT

Vaneck Technology Trusector ETF

Return for Risk

DAPP vs. TRUT — 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

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. TRUT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and Vaneck Technology Trusector ETF (TRUT). 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	TRUT	Difference
Sharpe ratio Return per unit of total volatility	0.98	—	—
Sortino ratio Return per unit of downside risk	1.67	—	—
Omega ratio Gain probability vs. loss probability	1.19	—	—
Calmar ratio Return relative to maximum drawdown	1.24	—	—
Martin ratio Return relative to average drawdown	2.72	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DAPP	TRUT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	-0.03	-0.14

Correlation

The correlation between DAPP and TRUT is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

DAPP vs. TRUT - Dividend Comparison

DAPP has not paid dividends to shareholders, while TRUT's dividend yield for the trailing twelve months is around 0.15%.

	TTM	2025	2024	2023	2022	2021
DAPP VanEck Digital Transformation ETF	0.00%	0.00%	4.04%	0.00%	0.00%	10.13%
TRUT Vaneck Technology Trusector ETF	0.15%	0.14%	0.00%	0.00%	0.00%	0.00%

Drawdowns

DAPP vs. TRUT - Drawdown Comparison

The maximum DAPP drawdown since its inception was -91.90%, which is greater than TRUT's maximum drawdown of -18.55%. Use the drawdown chart below to compare losses from any high point for DAPP and TRUT.

Drawdown Indicators

	DAPP	TRUT	Difference
Max Drawdown Largest peak-to-trough decline	-91.90%	-18.55%	-73.35%
Max Drawdown (1Y) Largest decline over 1 year	-48.21%	—	—
Current Drawdown Current decline from peak	-50.51%	-15.13%	-35.38%
Average Drawdown Average peak-to-trough decline	-58.23%	-5.79%	-52.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.05%	—	—

Volatility

Volatility by Period

	DAPP	TRUT	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	50.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	66.96%	21.41%	+45.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.29%	21.41%	+51.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.29%	21.41%	+51.88%