DAPP ETF: What Is It? A Complete Guide to Returns, Expense Ratio, Holdings and Alternative ETFs
The VanEck Digital Transformation ETF (DAPP) is a passive thematic product that invests in stocks of companies in the crypto asset and blockchain ecosystem. Its concentrated industry structure and its differences in strategy and exposure versus BITQ, BLOK and BKCH are the key selection criteria.
SubscribeWhat Is the VanEck Digital Transformation ETF?
This is a passive thematic ETF that tracks an index of listed companies that derive their revenue base from the digital asset transition, including crypto asset exchanges, payment firms, mining companies and blockchain infrastructure companies. It does not hold crypto assets directly and instead provides exposure through the stocks of related companies.
It suits investors who want exposure to the growth of the crypto asset and blockchain industry through related company stocks and are willing to tolerate high volatility.
It is a passive (index-tracking) ETF managed by VanEck.
How Does the VanEck Digital Transformation ETF Invest?
| Item | Details |
|---|---|
| Investment target | Stocks of crypto asset and blockchain companies |
| Management style | Passive (index tracking) |
| Investment profile | Digital asset industry theme |
| Dividend frequency | Annual |
| Total expense ratio | 0.52% |
The ETF tracks an index of listed companies that derive significant revenue or a business base from the digital asset transition, including crypto asset exchanges, payment firms, mining companies and blockchain infrastructure companies. Rather than holding crypto assets directly, it invests in the stocks of related companies, giving indirect exposure to the growth and price movements of the digital asset industry.
- Exposure to stocks of crypto asset and blockchain companies
- Invests without holding crypto assets directly
VanEck Digital Transformation ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $248.6M, and the total expense ratio is 0.52% per year.
Compared with similar crypto asset and blockchain thematic ETFs such as BITQ and BLOK, the main points of comparison are industry composition and holding concentration.
VanEck Digital Transformation ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeStocks of crypto-related companies are heavily influenced by crypto asset prices, trading volume and risk appetite, and they tend to rise sharply in crypto bull phases and fall sharply in bear phases. With a high weighting in mining and exchange companies, volatility is very high.
Fund flows into crypto thematic products diverge sharply depending on the outlook for crypto asset prices and on risk appetite, and money sometimes moves into this group of products when expectations of a crypto rally grow. It is also worth noting that performance can vary greatly depending on crypto asset prices and the regulatory environment.
VanEck Digital Transformation ETF Pros and Cons
Its strength is equity exposure to the crypto asset industry, while high volatility tied to crypto asset prices and regulatory and concentration risks are considerations.
💪 Key Strengths
⚠️ Points to Watch
VanEck Digital Transformation ETF Alternatives and Related Products
For exposure to similar crypto asset industry stocks, direct substitutes include BITQ, and for a broader reach across blockchain technology, products such as BLOK are also worth comparing. For exposure to global blockchain companies, products such as BKCH can also be considered. This ETF's differentiator is its narrower exposure to stocks of companies tied to the digital asset transition.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 XT | iShares Future Exponential Technologies ETF | $85.04 | -0.1% | $4.1B | 0.46% | 1% | +20.9% |
 KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | $64.59 | -0.1% | $2.6B | 0.20% | 1.58% | -0.7% |
 MOO | VanEck Agribusiness ETF | $80.72 | +0.6% | $1.1B | 0.56% | 2.23% | +10.7% |
 NUKZ | Range Nuclear Renaissance Index ETF | $58.51 | +0.2% | $625.6M | 0.85% | 0.99% | -21.5% |
 HAP | VanEck Natural Resources ETF | $74.39 | +0.2% | $326.3M | 0.41% | 1.83% | +29.1% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
 MYMK | State Street My2031 Municipal Bond ETF | 0.10% | $24.64 | +0.0% | $0.0M | - | 2.61% |
| XYZ | Block Inc | 0.18% | $76.95 | +2.3% | $46.2B | 137.0 | - |
| COIN | Coinbase Global Inc | 0.16% | $160.59 | -1.1% | $42.4B | - | - |
 CRCL | Circle Internet Group Inc | 0.07% | $79.99 | -2.1% | $20.4B | 48.1 | - |
 IREN | IREN Ltd | 0.12% | $26.25 | -9.0% | $10.6B | - | - |
 BMNR | BitMine Immersion Technologies Inc | 0.06% | $21.66 | -1.8% | $13.1B | - | 0.05% |
 RIOT | Riot Platforms Inc | 0.06% | $13.74 | -4.9% | $5.2B | - | - |
VanEck Digital Transformation ETF Investor Checkpoints
Here are the points to review before investing in DAPP. Exposure to the crypto asset industry is attractive, but high volatility, regulatory risk and theme concentration need to be checked in advance. It is also advisable to compare it with spot crypto asset and blockchain products.
| Checkpoint | What to check | Current status |
|---|---|---|
| ⚡ Volatility | Review volatility linked to crypto assets | Very high |
| ⚖️ Regulation | Review the crypto asset regulatory environment | Needs checking |
| 🎯 Theme concentration | Review the weighting of the single digital asset theme | Theme concentrated |
| 💵 Expense ratio | Check the fee level for a thematic ETF | Needs checking |
Sharp swings in crypto asset prices, regulatory changes and theme concentration are the main variables for short-term performance, and related company stocks are tied to crypto asset prices and are extremely volatile. The digital asset industry is a field with a high risk of principal loss depending on regulation and market conditions.
It is a suitable candidate for risk-tolerant investors who want exposure to the growth of the crypto asset and blockchain industry through related company stocks. If you want similar industry stocks, compare products such as BITQ and BLOK, and if you want exposure to stocks of companies tied to the digital asset transition, compare this product alongside them before choosing.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 10, 2026.
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