TRUD vs. DAPP

Last updated Jun 24, 2026

TRUD (VanEck Consumer Discretionary TruSector ETF) and DAPP (VanEck Digital Transformation ETF) are both exchange-traded funds - TRUD is a Consumer Discretionary Equities fund actively managed by VanEck, while DAPP is a Blockchain fund tracking the MVIS Global Digital Assets Equity Index. TRUD is actively managed, while DAPP is passively managed. At a 0.49 correlation, their price movements are largely independent. TRUD charges 0.16%/yr vs 0.52%/yr for DAPP.

Performance

TRUD vs. DAPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Consumer Discretionary TruSector ETF (TRUD) 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, TRUD achieves a -3.87% return, which is significantly lower than DAPP's 29.28% return.

TRUD

• 1D: -0.80%
• 1M: -6.30%
• YTD: -3.87%
• 6M: -5.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DAPP

• 1D: -2.33%
• 1M: 0.47%
• YTD: 29.28%
• 6M: 20.33%
• 1Y: 41.24%
• 3Y*: 50.55%
• 5Y*: -0.51%
• 10Y*: —

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

TRUD vs. DAPP - Yearly Performance Comparison

	2026 (YTD)	2025
TRUD VanEck Consumer Discretionary TruSector ETF	-3.87%	6.58%
DAPP VanEck Digital Transformation ETF	29.28%	-2.48%

Correlation

The correlation between TRUD and DAPP is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 21, 2025	0.49

TRUD vs. DAPP - Sectors Allocation Comparison

Sectors	TRUD	DAPP
Financial Services	52.0%	62.8%
Consumer Cyclical	47.6%	2.5%
Communication Services	0.3%	-
Technology	0.2%	34.7%
Industrials	0.0%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

TRUD vs. DAPP — Risk / Return Rank

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

TRUD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DAPP

DAPP Risk / Return Rank: 20
DAPP Sharpe Ratio Rank: 20
DAPP Sortino Ratio Rank: 24
DAPP Omega Ratio Rank: 22
DAPP Calmar Ratio Rank: 20
DAPP Martin Ratio Rank: 17

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.

TRUD vs. DAPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Consumer Discretionary TruSector ETF (TRUD) 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.

	TRUD	DAPP	Difference
Sharpe ratio: Return per unit of total volatility	—	0.67	—
Sortino ratio: Return per unit of downside risk	—	1.27	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	0.86	—
Martin ratio: Return relative to average drawdown	—	1.65	—

Drawdowns

TRUD vs. DAPP - Drawdown Comparison

The maximum TRUD drawdown since its inception was -15.96%, smaller than the maximum DAPP drawdown of -92.61%. Use the drawdown chart below to compare losses from any high point for TRUD and DAPP.

Drawdown Indicators

	TRUD	DAPP	Difference
Max Drawdown Largest peak-to-trough decline	-15.96%	-92.61%	+76.65%
Max Drawdown (1Y) Largest decline over 1 year	—	-48.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-58.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-91.90%	—
Current Drawdown Current decline from peak	-8.61%	-35.35%	+26.74%
Average Drawdown Average peak-to-trough decline	-4.44%	-61.14%	+56.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.99%	—

Volatility

Volatility by Period

	TRUD	DAPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	21.04%	62.15%	-41.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.04%	73.12%	-52.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.04%	72.78%	-51.74%

TRUD vs. DAPP - Expense Ratio Comparison

TRUD has a 0.16% expense ratio, which is lower than DAPP's 0.52% expense ratio.

Dividends

TRUD vs. DAPP - Dividend Comparison

TRUD's dividend yield for the trailing twelve months is around 0.35%, 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%
TRUD VanEck Consumer Discretionary TruSector ETF	0.35%	0.17%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TRUD and DAPP in my portfolio?

TRUD and DAPP have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TRUD or DAPP?

On fees, TRUD is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TRUD or DAPP?

TRUD is cheaper with a 0.16% expense ratio, compared with 0.52% for DAPP.

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

TRUD has the higher dividend yield at 0.35%, compared with 0.00% for DAPP.

What is the main difference between TRUD and DAPP?

TRUD is categorized as Consumer Discretionary Equities, while DAPP is Blockchain. Their fees differ too: 0.16% for TRUD and 0.52% for DAPP.