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

Correlation

The correlation between LEGR and DAPP is 0.56, 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.


-0.50.00.51.00.6

Performance

LEGR vs. DAPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Indxx Innovative Transaction & Process ETF (LEGR) and VanEck Digital Transformation ETF (DAPP). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
8.56%
41.71%
LEGR
DAPP

Key characteristics

Sharpe Ratio

LEGR:

1.45

DAPP:

0.95

Sortino Ratio

LEGR:

2.05

DAPP:

1.76

Omega Ratio

LEGR:

1.25

DAPP:

1.19

Calmar Ratio

LEGR:

2.71

DAPP:

0.95

Martin Ratio

LEGR:

9.77

DAPP:

3.60

Ulcer Index

LEGR:

2.01%

DAPP:

20.49%

Daily Std Dev

LEGR:

13.50%

DAPP:

77.48%

Max Drawdown

LEGR:

-36.12%

DAPP:

-91.90%

Current Drawdown

LEGR:

-3.34%

DAPP:

-47.03%

Returns By Period

In the year-to-date period, LEGR achieves a 16.24% return, which is significantly lower than DAPP's 60.99% return.


LEGR

YTD

16.24%

1M

-0.09%

6M

9.01%

1Y

17.51%

5Y*

10.14%

10Y*

N/A

DAPP

YTD

60.99%

1M

-8.92%

6M

36.66%

1Y

61.78%

5Y*

N/A

10Y*

N/A

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


LEGR vs. DAPP - Expense Ratio Comparison

LEGR has a 0.65% expense ratio, which is higher than DAPP's 0.50% expense ratio.


LEGR
First Trust Indxx Innovative Transaction & Process ETF
Expense ratio chart for LEGR: 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%

Risk-Adjusted Performance

LEGR vs. DAPP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) 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.


Sharpe ratio
The chart of Sharpe ratio for LEGR, currently valued at 1.45, compared to the broader market0.002.004.001.450.95
The chart of Sortino ratio for LEGR, currently valued at 2.05, compared to the broader market-2.000.002.004.006.008.0010.002.051.76
The chart of Omega ratio for LEGR, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.19
The chart of Calmar ratio for LEGR, currently valued at 2.71, compared to the broader market0.005.0010.0015.002.710.95
The chart of Martin ratio for LEGR, currently valued at 9.77, compared to the broader market0.0020.0040.0060.0080.00100.009.773.60
LEGR
DAPP

The current LEGR Sharpe Ratio is 1.45, which is higher than the DAPP Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of LEGR 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.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.45
0.95
LEGR
DAPP

Dividends

LEGR vs. DAPP - Dividend Comparison

LEGR's dividend yield for the trailing twelve months is around 2.28%, while DAPP has not paid dividends to shareholders.


TTM202320222021202020192018
LEGR
First Trust Indxx Innovative Transaction & Process ETF
1.91%2.56%2.64%1.80%0.95%2.04%1.30%
DAPP
VanEck Digital Transformation ETF
0.00%0.00%0.00%10.13%0.00%0.00%0.00%

Drawdowns

LEGR vs. DAPP - Drawdown Comparison

The maximum LEGR drawdown since its inception was -36.12%, smaller than the maximum DAPP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for LEGR and DAPP. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.34%
-47.03%
LEGR
DAPP

Volatility

LEGR vs. DAPP - Volatility Comparison

The current volatility for First Trust Indxx Innovative Transaction & Process ETF (LEGR) is 2.96%, while VanEck Digital Transformation ETF (DAPP) has a volatility of 24.07%. This indicates that LEGR 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.


5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
2.96%
24.07%
LEGR
DAPP
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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