DAPP vs. XBTF
Compare and contrast key facts about VanEck Digital Transformation ETF (DAPP) and VanEck Bitcoin Strategy ETF (XBTF).
DAPP and XBTF 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. XBTF is an actively managed fund by VanEck. It was launched on Nov 15, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DAPP or XBTF.
Key characteristics
| DAPP | XBTF |
|---|
Correlation
The correlation between DAPP and XBTF is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DAPP vs. XBTF - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Dividends
DAPP vs. XBTF - Dividend Comparison
Neither DAPP nor XBTF has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
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
Volatility
DAPP vs. XBTF - Volatility Comparison
VanEck Digital Transformation ETF (DAPP) has a higher volatility of 19.24% 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.