EMET vs. DAPP

Last updated Jul 17, 2026

EMET (VanEck Copper and Green Metals ETF) and DAPP (VanEck Digital Transformation ETF) are both exchange-traded funds - EMET is a Copper fund tracking the MVIS Global Clean-Tech Metals Index, while DAPP is a Blockchain fund tracking the MVIS Global Digital Assets Equity Index. Both are passively managed. Over the past 3 years, EMET returned 12.01%/yr vs 26.54%/yr for DAPP. At a 0.45 correlation, their price movements are largely independent. EMET charges 0.61%/yr vs 0.52%/yr for DAPP.

Performance

EMET vs. DAPP - Performance Comparison

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

Returns By Period

In the year-to-date period, EMET achieves a 0.97% return, which is significantly lower than DAPP's 5.14% return.

EMET

• 1D: -3.27%
• 1M: -18.40%
• 6M: -12.86%
• YTD: 0.97%
• 1Y: 55.39%
• 3Y*: 12.01%
• 5Y*: —
• 10Y*: —

DAPP

• 1D: -6.21%
• 1M: -20.68%
• 6M: -13.45%
• YTD: 5.14%
• 1Y: -6.46%
• 3Y*: 26.54%
• 5Y*: -1.21%
• 10Y*: —

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

EMET vs. DAPP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EMET VanEck Copper and Green Metals ETF	0.97%	81.22%	-12.81%	-12.28%	-17.15%	0.11%
DAPP VanEck Digital Transformation ETF	5.14%	15.03%	44.87%	285.02%	-85.60%	-36.88%

Correlation

The correlation between EMET and DAPP is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (All Time) Calculated using the full available price history since Nov 11, 2021	0.45

Return for Risk

EMET vs. DAPP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EMET

EMET Risk / Return Rank: 48
EMET Sharpe Ratio Rank: 51
EMET Sortino Ratio Rank: 45
EMET Omega Ratio Rank: 47
EMET Calmar Ratio Rank: 53
EMET Martin Ratio Rank: 46

DAPP

DAPP Risk / Return Rank: 9
DAPP Sharpe Ratio Rank: 8
DAPP Sortino Ratio Rank: 11
DAPP Omega Ratio Rank: 10
DAPP Calmar Ratio Rank: 8
DAPP Martin Ratio Rank: 8

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.

EMET vs. DAPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Copper and Green Metals ETF (EMET) and VanEck Digital Transformation ETF (DAPP). 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.

	EMET	DAPP	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-0.10	+1.53
Sortino ratio: Return per unit of downside risk	1.88	0.29	+1.59
Omega ratio: Gain probability vs. loss probability	1.25	1.03	+0.21
Calmar ratio: Return relative to maximum drawdown	2.18	-0.13	+2.31
Martin ratio: Return relative to average drawdown	5.93	-0.25	+6.17

EMET vs. DAPP - Sharpe Ratio Comparison

The current EMET Sharpe Ratio is 1.43, which is higher than the DAPP Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of EMET and DAPP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EMET vs. DAPP - Drawdown Comparison

The maximum EMET drawdown since its inception was -53.05%, smaller than the maximum DAPP drawdown of -92.61%. Use the drawdown chart below to compare losses from any high point for EMET and DAPP.

Drawdown Indicators

	EMET	DAPP	Difference
Max Drawdown Largest peak-to-trough decline	-53.05%	-92.61%	+39.56%
Max Drawdown (1Y) Largest decline over 1 year	-25.58%	-48.21%	+22.63%
Max Drawdown (3Y) Largest decline over 3 years	-40.50%	-58.88%	+18.38%
Max Drawdown (5Y) Largest decline over 5 years	—	-91.90%	—
Current Drawdown Current decline from peak	-23.47%	-47.42%	+23.95%
Average Drawdown Average peak-to-trough decline	-24.59%	-60.92%	+36.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.37%	26.02%	-16.65%

Volatility

EMET vs. DAPP - Volatility Comparison

The current volatility for VanEck Copper and Green Metals ETF (EMET) is 11.36%, while VanEck Digital Transformation ETF (DAPP) has a volatility of 13.90%. This indicates that EMET experiences smaller price fluctuations and is considered to be less risky than DAPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMET	DAPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.36%	13.90%	-2.54%
Volatility (6M) Calculated over the trailing 6-month period	33.81%	46.23%	-12.42%
Volatility (1Y) Calculated over the trailing 1-year period	38.91%	62.60%	-23.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.47%	73.20%	-39.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.47%	72.59%	-39.12%

EMET vs. DAPP - Expense Ratio Comparison

EMET has a 0.61% expense ratio, which is higher than DAPP's 0.52% expense ratio.

Dividends

EMET vs. DAPP - Dividend Comparison

EMET's dividend yield for the trailing twelve months is around 1.83%, while DAPP has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
DAPP VanEck Digital Transformation ETF	0.00%	0.00%	4.04%	0.00%	0.00%	10.13%
EMET VanEck Copper and Green Metals ETF	1.83%	1.84%	1.89%	2.02%	2.56%	0.00%

Frequently Asked Questions

Can I hold both EMET and DAPP in my portfolio?

EMET and DAPP have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EMET or DAPP?

DAPP has higher volatility (13.90%) compared to EMET (11.36%). In terms of maximum drawdown, EMET dropped -53.05% vs DAPP's -92.61%.

Which ETF is better, EMET or DAPP?

On 3-year performance, DAPP leads with 26.54% vs 12.01% for EMET. On fees, DAPP is cheaper at 0.52% per year. On volatility, EMET has been the lower-risk option at 11.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMET or DAPP?

Over the 3-year period, DAPP has performed better with a 26.54% return vs 12.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMET or DAPP?

DAPP is cheaper with a 0.52% expense ratio, compared with 0.61% for EMET.

Which ETF pays a higher dividend yield, EMET or DAPP?

EMET has the higher dividend yield at 1.83%, compared with 0.00% for DAPP.

What is the main difference between EMET and DAPP?

EMET is categorized as Copper, while DAPP is Blockchain. EMET tracks MVIS Global Clean-Tech Metals Index, while DAPP tracks MVIS Global Digital Assets Equity Index. Their fees differ too: 0.61% for EMET and 0.52% for DAPP.

Which has better risk-adjusted returns?

EMET currently has the higher Sharpe Ratio (1.43 vs -0.10), 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.