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

Performance

DAPP vs. XBTF - Performance Comparison

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

-20.00%0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
65.42%
0
DAPP
XBTF

Returns By Period


DAPP

YTD

69.75%

1M

25.27%

6M

73.63%

1Y

180.82%

5Y (annualized)

N/A

10Y (annualized)

N/A

XBTF

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


DAPPXBTF

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DAPP vs. XBTF - Expense Ratio Comparison

DAPP has a 0.50% expense ratio, which is lower than XBTF's 0.65% expense ratio.


XBTF
VanEck Bitcoin Strategy ETF
Expense ratio chart for XBTF: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for DAPP: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Correlation

-0.50.00.51.00.6

The correlation between DAPP and XBTF is 0.63, 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.

Risk-Adjusted Performance

DAPP vs. XBTF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Transformation ETF (DAPP) and VanEck Bitcoin Strategy ETF (XBTF). 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 2.45, compared to the broader market0.002.004.002.450.59
The chart of Sortino ratio for DAPP, currently valued at 2.91, compared to the broader market-2.000.002.004.006.008.0010.002.911.00
The chart of Omega ratio for DAPP, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.331.27
The chart of Calmar ratio for DAPP, currently valued at 2.39, compared to the broader market0.005.0010.0015.002.390.23
The chart of Martin ratio for DAPP, currently valued at 9.30, compared to the broader market0.0020.0040.0060.0080.00100.009.301.50
DAPP
XBTF

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.45
0.59
DAPP
XBTF

Dividends

DAPP vs. XBTF - Dividend Comparison

Neither DAPP nor XBTF has paid dividends to shareholders.


TTM202320222021
DAPP
VanEck Digital Transformation ETF
0.00%0.00%0.00%10.13%
XBTF
VanEck Bitcoin Strategy ETF
101.35%0.18%0.00%0.00%

Drawdowns

DAPP vs. XBTF - Drawdown Comparison


-70.00%-65.00%-60.00%-55.00%-50.00%-45.00%-40.00%-35.00%JuneJulyAugustSeptemberOctoberNovember
-41.44%
-38.45%
DAPP
XBTF

Volatility

DAPP vs. XBTF - Volatility Comparison

VanEck Digital Transformation ETF (DAPP) has a higher volatility of 28.79% compared to VanEck Bitcoin Strategy ETF (XBTF) at 0.00%. This indicates that DAPP's price experiences larger fluctuations and is considered to be riskier than XBTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
28.79%
0
DAPP
XBTF