EMET vs. DAPP

Last updated Apr 2, 2026

Compare and contrast key facts about VanEck Copper and Green Metals ETF (EMET) and VanEck Digital Transformation ETF (DAPP).

EMET and DAPP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMET is a passively managed fund by VanEck that tracks the performance of the MVIS Global Clean-Tech Metals Index. It was launched on Nov 9, 2021. 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. Both EMET and DAPP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

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.

EMET vs. DAPP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EMET VanEck Copper and Green Metals ETF	11.18%	81.22%	-12.81%	-12.28%	-17.15%	-0.14%
DAPP VanEck Digital Transformation ETF	-10.28%	15.03%	44.87%	285.02%	-85.60%	-38.69%

Returns By Period

In the year-to-date period, EMET achieves a 11.18% return, which is significantly higher than DAPP's -10.28% return.

EMET

• 1D: 2.40%
• 1M: -13.41%
• YTD: 11.18%
• 6M: 31.79%
• 1Y: 100.94%
• 3Y*: 15.44%
• 5Y*: —
• 10Y*: —

DAPP

• 1D: -0.60%
• 1M: -10.50%
• YTD: -10.28%
• 6M: -33.02%
• 1Y: 55.13%
• 3Y*: 49.07%
• 5Y*: —
• 10Y*: —

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

EMET vs. DAPP - Expense Ratio Comparison

EMET has a 0.61% expense ratio, which is higher than DAPP's 0.50% expense ratio.

EMET

VanEck Copper and Green Metals ETF

DAPP

VanEck Digital Transformation ETF

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: 94
EMET Sharpe Ratio Rank: 96
EMET Sortino Ratio Rank: 94
EMET Omega Ratio Rank: 93
EMET Calmar Ratio Rank: 93
EMET Martin Ratio Rank: 93

DAPP

DAPP Risk / Return Rank: 44
DAPP Sharpe Ratio Rank: 42
DAPP Sortino Ratio Rank: 56
DAPP Omega Ratio Rank: 42
DAPP Calmar Ratio Rank: 49
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.

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.

	EMET	DAPP	Difference
Sharpe ratio Return per unit of total volatility	2.68	0.83	+1.85
Sortino ratio Return per unit of downside risk	3.03	1.52	+1.51
Omega ratio Gain probability vs. loss probability	1.44	1.17	+0.26
Calmar ratio Return relative to maximum drawdown	3.94	1.33	+2.61
Martin ratio Return relative to average drawdown	15.07	2.89	+12.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMET vs. DAPP - Sharpe Ratio Comparison

The current EMET Sharpe Ratio is 2.68, which is higher than the DAPP Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of EMET and DAPP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EMET	DAPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	0.83	+1.85
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	-0.17	+0.35

Correlation

The correlation between EMET and DAPP is 0.44, 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

EMET vs. DAPP - Dividend Comparison

EMET's dividend yield for the trailing twelve months is around 1.66%, while DAPP has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
EMET VanEck Copper and Green Metals ETF	1.66%	1.84%	1.89%	2.02%	2.56%	0.00%
DAPP VanEck Digital Transformation ETF	0.00%	0.00%	4.04%	0.00%	0.00%	10.13%

Drawdowns

EMET vs. DAPP - Drawdown Comparison

The maximum EMET drawdown since its inception was -53.05%, smaller than the maximum DAPP drawdown of -91.90%. 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%	-91.90%	+38.85%
Max Drawdown (1Y) Largest decline over 1 year	-25.58%	-48.21%	+22.63%
Current Drawdown Current decline from peak	-15.74%	-50.81%	+35.07%
Average Drawdown Average peak-to-trough decline	-25.44%	-58.22%	+32.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.69%	22.22%	-15.53%

Volatility

EMET vs. DAPP - Volatility Comparison

The current volatility for VanEck Copper and Green Metals ETF (EMET) is 14.72%, while VanEck Digital Transformation ETF (DAPP) has a volatility of 18.93%. 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	14.72%	18.93%	-4.21%
Volatility (6M) Calculated over the trailing 6-month period	29.86%	50.35%	-20.49%
Volatility (1Y) Calculated over the trailing 1-year period	37.91%	66.87%	-28.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.69%	73.26%	-40.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.69%	73.26%	-40.57%