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MBBB vs. DAPP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

MBBB vs. DAPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Moody's Analytics BBB Corporate Bond ETF (MBBB) and VanEck Digital Transformation ETF (DAPP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MBBB achieves a 0.43% return, which is significantly lower than DAPP's 33.03% return.


MBBB

1D
-0.23%
1M
0.71%
YTD
0.43%
6M
0.32%
1Y
5.40%
3Y*
6.05%
5Y*
1.11%
10Y*

DAPP

1D
-2.57%
1M
10.45%
YTD
33.03%
6M
15.86%
1Y
55.85%
3Y*
57.26%
5Y*
-0.16%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

MBBB vs. DAPP - Yearly Performance Comparison


2026 (YTD)20252024202320222021
MBBB
VanEck Moody's Analytics BBB Corporate Bond ETF
0.43%7.64%3.68%9.75%-15.04%2.26%
DAPP
VanEck Digital Transformation ETF
33.03%15.03%44.87%285.02%-85.60%-38.65%

Correlation

The correlation between MBBB and DAPP is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.22

Correlation (5Y)
Calculated over the trailing 5-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Apr 15, 2021

0.23

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Return for Risk

MBBB vs. DAPP — Risk / Return Rank

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

MBBB
MBBB Risk / Return Rank: 3737
Overall Rank
MBBB Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
MBBB Sortino Ratio Rank: 3737
Sortino Ratio Rank
MBBB Omega Ratio Rank: 3535
Omega Ratio Rank
MBBB Calmar Ratio Rank: 3737
Calmar Ratio Rank
MBBB Martin Ratio Rank: 3838
Martin Ratio Rank

DAPP
DAPP Risk / Return Rank: 2525
Overall Rank
DAPP Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
DAPP Sortino Ratio Rank: 2828
Sortino Ratio Rank
DAPP Omega Ratio Rank: 2626
Omega Ratio Rank
DAPP Calmar Ratio Rank: 2424
Calmar Ratio Rank
DAPP Martin Ratio Rank: 2020
Martin Ratio Rank
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.

MBBB vs. DAPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Moody's Analytics BBB Corporate Bond ETF (MBBB) 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.


MBBBDAPPDifference
Sharpe ratioReturn per unit of total volatility

+0.40

Sortino ratioReturn per unit of downside risk

+0.39

Omega ratioGain probability vs. loss probability

1.23

1.18

+0.05

Calmar ratioReturn relative to maximum drawdown

1.82

1.16

+0.65

Martin ratioReturn relative to average drawdown

5.86

2.28

+3.58

MBBB vs. DAPP - Sharpe Ratio Comparison

The current MBBB Sharpe Ratio is 1.31, which is higher than the DAPP Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of MBBB 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.


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Sharpe Ratios by Period


MBBBDAPPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.31

0.91

+0.40

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.18

-0.00

+0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

0.18

-0.07

+0.26

Drawdowns

MBBB vs. DAPP - Drawdown Comparison

The maximum MBBB drawdown since its inception was -21.73%, smaller than the maximum DAPP drawdown of -91.90%. Use the drawdown chart below to compare losses from any high point for MBBB and DAPP.


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Drawdown Indicators


MBBBDAPPDifference

Max Drawdown

Largest peak-to-trough decline

-21.73%

-91.90%

+70.17%

Max Drawdown (1Y)

Largest decline over 1 year

-2.98%

-48.21%

+45.23%

Max Drawdown (3Y)

Largest decline over 3 years

-5.64%

-58.88%

+53.24%

Max Drawdown (5Y)

Largest decline over 5 years

-21.73%

-91.90%

+70.17%

Current Drawdown

Current decline from peak

-0.97%

-27.06%

+26.09%

Average Drawdown

Average peak-to-trough decline

-6.83%

-57.42%

+50.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.92%

24.56%

-23.64%

Volatility

MBBB vs. DAPP - Volatility Comparison

The current volatility for VanEck Moody's Analytics BBB Corporate Bond ETF (MBBB) is 1.52%, while VanEck Digital Transformation ETF (DAPP) has a volatility of 15.49%. This indicates that MBBB 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.


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Volatility by Period


MBBBDAPPDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.52%

15.49%

-13.97%

Volatility (6M)

Calculated over the trailing 6-month period

3.15%

46.31%

-43.16%

Volatility (1Y)

Calculated over the trailing 1-year period

4.14%

61.71%

-57.57%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.36%

72.90%

-66.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.23%

72.64%

-66.41%

MBBB vs. DAPP - Expense Ratio Comparison

MBBB has a 0.25% expense ratio, which is lower than DAPP's 0.50% expense ratio.


Dividends

MBBB vs. DAPP - Dividend Comparison

MBBB's dividend yield for the trailing twelve months is around 5.08%, while DAPP has not paid dividends to shareholders.


PositionTTM202520242023202220212020
DAPP
VanEck Digital Transformation ETF
0.00%0.00%4.04%0.00%0.00%10.13%0.00%
MBBB
VanEck Moody's Analytics BBB Corporate Bond ETF
5.08%4.99%4.93%4.51%3.22%2.29%0.19%

Frequently Asked Questions


MBBB and DAPP have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DAPP has higher volatility (15.49%) compared to MBBB (1.52%). In terms of maximum drawdown, MBBB dropped -21.73% vs DAPP's -91.90%.

On 5-year performance, MBBB leads with 1.11% vs -0.16% for DAPP. On fees, MBBB is cheaper at 0.25% per year. On volatility, MBBB has been the lower-risk option at 1.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, MBBB has performed better with a 1.11% return vs -0.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

MBBB is cheaper with a 0.25% expense ratio, compared with 0.50% for DAPP.

MBBB has the higher dividend yield at 5.08%, compared with 0.00% for DAPP.

MBBB is categorized as Corporate Bonds, while DAPP is Technology Equities. MBBB tracks MVIS Moody's Analytics US BBB Corporate Bond Index, while DAPP tracks MVIS Global Digital Assets Equity Index. Their fees differ too: 0.25% for MBBB and 0.50% for DAPP.

MBBB currently has the higher Sharpe Ratio (1.31 vs 0.91), 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.

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