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About VanEck Digital Transformation ETF
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Inception date
Apr 12, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
DAPP offers pure-play exposure to companies leading the digital transformation of the economy through digital assets without geo constraints. The funds underlying index is composed of diversified companies of all capitalization defined as Digital Assets Stocks which derive at least 50% of their revenue from digital assets projects. These companies include digital asset exchanges, payment gateways, miners, equipment, technology, and service providers, digital asset infrastructure businesses, and e-commerce. Eligible securities are ranked in terms of market-cap with the top 85% qualified for inclusion. The largest 25 ranking companies are chosen as index constituents and are then weighted by market-cap with single security capping at 8%. The index is reconstituted and rebalanced quarterly
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Finance
Consumer Services
Stocks99.51%
Technology Services57.83%
Finance19.19%
Consumer Services14.72%
Commercial Services7.78%
Bonds, Cash & Other0.49%
Cash0.49%
Stock breakdown by region
North America70.13%
Asia22.01%
Oceania4.92%
Europe2.94%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DAPP invests in stocks. The fund's major sectors are Technology Services, with 57.83% stocks, and Finance, with 19.19% of the basket. The assets are mostly located in the North America region.
DAPP top holdings are Metaplanet Inc. and MicroStrategy Incorporated Class A, occupying 14.72% and 8.01% of the portfolio correspondingly.
DAPP last dividends amounted to 0.58 USD. The year before, the issuer paid 1.88 USD in dividends, which shows a 223.28% decrease.
DAPP assets under management is 214.16 M USD. It's risen 11.15% over the last month.
DAPP fund flows account for 61.80 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DAPP pays dividends to its holders with the dividend yield of 4.05%. The last dividend (Dec 24, 2024) amounted to 0.58 USD. The dividends are paid annually.
DAPP shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Apr 12, 2021, and its management style is Passive.
DAPP expense ratio is 0.51% meaning you'd have to pay 0.51% of your investment to help manage the fund.
DAPP follows the MVIS Global Digital Assets Equity. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DAPP invests in stocks.
DAPP price has risen by 10.73% over the last month, and its yearly performance shows a 19.29% increase. See more dynamics on DAPP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 16.61% over the last month, showed a 35.05% increase in three-month performance and has increased by 22.24% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 16.61% over the last month, showed a 35.05% increase in three-month performance and has increased by 22.24% in a year.
DAPP trades at a premium (0.98%) meaning the ETF is trading at a higher price than the calculated NAV.