DAPP ETF — VanEck Digital Transformation ETF

VanEck Digital Transformation ETF (DAPP)

Updated October 9, 2026.

DAPP is an ETF that tracks the MVIS Global Digital Assets Equity Index. its expense ratio is 0.52%. Total return is -38.9% over the past 5.5 years, 142.5 points behind SPY at 103.6%.

VanEck Digital Transformation ETF is an equity ETF that tracks an index of companies positioned to benefit from digital transformation and blockchain technology, excluding direct cryptocurrency investments and initial coin offerings. The fund does not currently distribute, though it made a special one-time distribution in the past that should not be expected to recur regularly. With an expense ratio of 0.52%, the fund appeals to investors seeking exposure to digital transformation and blockchain-related companies rather than those prioritizing current income.

DAPP performance versus SPY

Price and return data through 2026-10-09.

Total return is -38.9% over the past 5.5 years, 142.5 points behind SPY at 103.6%. Over the past year its total return — price change plus distributions reinvested — is -31.0%. Its deepest 1-year drawdown was 48.2%.

DAPP key facts

Issuer

VanEck

Asset type

ETF

Asset class

Equity

Inception date

04/12/2021

Expense ratio

0.52%

Distribution frequency

None

Last close

$17.82 (as of 2026-10-09)

AUM

$421,153,422

Average volume

337944.0

Ex-dividend date

12/23/2024

Payment date

12/24/2024 (as of 2024-12-24)

Beta

3.77

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: VanEck or company page; Index: MVIS Global Digital Assets Equity Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

DAPP risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 48.2%.

Who may consider DAPP — and who may not

It is a weaker fit for investors who need monthly cash flow (DAPP does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare DAPP

DAPP vs similar funds:

• DAPP vs BLOK
• DAPP vs BITQ
• DAPP vs TKNZ
• DAPP vs BITQ vs BLOK vs TKNZ

Frequently asked questions

More securities from VanEck.