DAVV.DE vs. ^GSPC
DAVV.DE (VanEck Crypto and Blockchain Innovators UCITS ETF) is Technology Equities fund tracking the MVIS Global Digital Assets Equity, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, DAVV.DE returned -1.30%/yr vs 13.43%/yr for ^GSPC. At a 0.30 correlation, their price movements are largely independent.
Performance
DAVV.DE vs. ^GSPC - Performance Comparison
Loading charts...
Different Trading Currencies
DAVV.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, DAVV.DE achieves a 27.16% return, which is significantly higher than ^GSPC's 12.06% return.
DAVV.DE
- 1D
- -3.80%
- 1M
- 6.15%
- YTD
- 27.16%
- 6M
- 10.24%
- 1Y
- 47.23%
- 3Y*
- 52.28%
- 5Y*
- -1.30%
- 10Y*
- —
^GSPC
- 1D
- 0.27%
- 1M
- 5.17%
- YTD
- 12.06%
- 6M
- 10.90%
- 1Y
- 24.89%
- 3Y*
- 17.85%
- 5Y*
- 13.43%
- 10Y*
- 13.40%
DAVV.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DAVV.DE VanEck Crypto and Blockchain Innovators UCITS ETF | 27.16% | -0.68% | 37.42% | 337.08% | -85.83% | -22.84% |
^GSPC S&P 500 Index | 12.06% | 2.58% | 31.45% | 20.51% | -14.45% | 20.38% |
Correlation
The correlation between DAVV.DE and ^GSPC is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since May 7, 2021 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DAVV.DE vs. ^GSPC — Risk / Return Rank
DAVV.DE
^GSPC
DAVV.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) and S&P 500 Index (^GSPC). 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.
| DAVV.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.23 | ||
| Sortino ratioReturn per unit of downside risk | -1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.37 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | 3.30 | -2.28 |
| Martin ratioReturn relative to average drawdown | 1.90 | 12.34 | -10.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DAVV.DE | ^GSPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.81 | 2.04 | -1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.80 | -0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.72 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.51 | -0.56 |
Drawdowns
DAVV.DE vs. ^GSPC - Drawdown Comparison
The maximum DAVV.DE drawdown since its inception was -91.53%, which is greater than ^GSPC's maximum drawdown of -51.62%. Use the drawdown chart below to compare losses from any high point for DAVV.DE and ^GSPC.
Loading charts...
Drawdown Indicators
| DAVV.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.53% | -51.62% | -39.91% |
Max Drawdown (1Y)Largest decline over 1 year | -45.68% | -7.57% | -38.11% |
Max Drawdown (3Y)Largest decline over 3 years | -60.00% | -23.99% | -36.01% |
Max Drawdown (5Y)Largest decline over 5 years | -91.53% | -23.99% | -67.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | -34.58% | -0.20% | -34.38% |
Average DrawdownAverage peak-to-trough decline | -57.66% | -9.08% | -48.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.79% | 2.02% | +22.77% |
Volatility
DAVV.DE vs. ^GSPC - Volatility Comparison
VanEck Crypto and Blockchain Innovators UCITS ETF (DAVV.DE) has a higher volatility of 14.56% compared to S&P 500 Index (^GSPC) at 2.24%. This indicates that DAVV.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DAVV.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.56% | 2.24% | +12.32% |
Volatility (6M)Calculated over the trailing 6-month period | 40.57% | 8.62% | +31.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.12% | 12.29% | +45.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 70.78% | 16.79% | +53.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 70.57% | 18.59% | +51.98% |
Frequently Asked Questions
DAVV.DE and ^GSPC have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for DAVV.DE and ^GSPC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer