A head-to-head comparison of Bitwise Crypto Industry Innovators ETF and VanEck Digital Transformation ETF covering yield, cost, risk, and income potential.
Data updated September 18, 2026
Best for
BITQInvestors who want straightforward crypto exposure for the long run.
DAPPInvestors who want straightforward crypto exposure for the long run.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings.
BITQ has outpaced DAPP over the trailing twelve months, posting a 14.10% total return against -1.41%. The lead holds up over 5 years too: BITQ has compounded at 3.36% a year, against -2.06% for DAPP. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 18, 2026. YTD and 1Y are cumulative; windows of one year or longer are annualized. “Since May 2021” measures every fund from May 10, 2021 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the trailing 3 years. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the trailing 3 years) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Side-by-side snapshot
Side-by-side snapshot. Each row is one metric;
each column is one fund.
Invests in companies participating in the crypto ecosystem.
Seeks to track, before fees and expenses, the price and yield performance of an index of companies that are positioned to benefit from the digital transformation of the economy, including digital asset infrastructure and blockchain technology companies.
Bottom lineBITQ and DAPP are both for investors who want straightforward crypto exposure for the long run — so strategy isn't the deciding factor here. Cost is: DAPP charges 0.52% against 0.85% for BITQ, and between two funds this similar that gap comes straight out of your return every year you hold.
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Crypto volatility. BITQ and DAPP sit on top of crypto-asset prices, which routinely swing far more than equities. A single drawdown can exceed a year of distributions, so income projections deserve extra skepticism here.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Bitwise Investments is known for pioneering cryptocurrency and digital asset ETFs, establishing itself as a specialized provider in the emerging digital assets space. The firm's 10-fund lineup spans digital assets (including popular tickers BITB, BITC, and BITQ focused on Bitcoin, cryptocurrency, and Nasdaq-100 crypto exposure), covered call and option income strategies (BTOP, ICOI, IMRA, IMST), and traditional income-focused products. The issuer's niche combines exposure to cryptocurrencies and blockchain assets with systematic income-generation strategies, distinguishing it from traditional broad-market ETF providers.
See our curated list of related YouTube videos on BITQ.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
VanEck is known for offering specialized and thematic ETFs across diverse asset classes, including commodities, digital assets, and sector-specific investments. The firm's 22-fund lineup spans income-generating options, covered call strategies, and growth-focused equity funds, with popular tickers including GDX (gold miners), SMH (semiconductors), MOAT (competitive advantage stocks), and HODL (bitcoin). VanEck distinguishes itself through niche exposure areas such as digital assets, commodities, and thematic investing strategies, complemented by traditional bond and municipal bond offerings.
See our curated list of related YouTube videos on DAPP.
BITQ (Bitwise Crypto Industry Innovators ETF) and DAPP (VanEck Digital Transformation ETF) are both ETFs, but they take different approaches.
DAPP is cheaper with an expense ratio of 0.52% compared to 0.85%.
DAPP is the larger fund by assets ($439M), but assets alone do not establish trading costs or liquidity.
Who should choose each?
Choose BITQ
Bitwise Crypto Industry Innovators ETF
Want straightforward crypto exposure for long-term appreciation, not income.
Prefer lower volatility — a beta of 3.4 vs 3.8 for DAPP.
Choose DAPP
VanEck Digital Transformation ETF
Want straightforward crypto exposure for long-term appreciation, not income.
Want to keep costs low — a 0.52% expense ratio vs 0.85% for BITQ.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
Still deciding? Track BITQ & DAPP for free
Create a free Dividend Vision account to keep them on a watchlist, get notified when they declare dividends, and see how much income they would add to your portfolio.
On a $10,000 investment, BITQ has no reported distribution yield yet, so a monthly income estimate is not available, while DAPP has no reported distribution yield yet, so a monthly income estimate is not available, at current distribution rates.
BITQ yield—
DAPP yield—
Cost & efficiency
Over 10 years on $10,000, BITQ would cost approximately $850 in fees vs $520 for DAPP (simplified, not compounded). The $330.00 difference may be offset by yield or performance.
BITQ ER0.85%
DAPP ER0.52%
Strategy & risk
DAPP tracks MVIS Global Digital Assets Equity Index with a crypto approach. BITQ is an ETF whose tracked index or strategy detail is not recorded in our data, so this comparison rests on the measured figures — yield, fees, size, and performance — rather than strategy labels. Beta is 3.35 for BITQ and 3.76 for DAPP, making BITQ the less volatile of the two by this measure.
BITQ beta3.35
DAPP beta3.76
Fund details
BITQ is managed by Bitwise Investments (launched 04/27/2021) with $438M in assets. DAPP is managed by VanEck (launched 04/12/2021) with $439M in assets.
Do us a favor — if you found this comparison useful, please share it with a friend researching dividend ETFs.
Frequently asked questions
Which of BITQ or DAPP pays more dividend income?
DAPP currently reports a distribution yield, while BITQ has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.
What is the difference between BITQ and DAPP?
DAPP (VanEck Digital Transformation ETF) tracks MVIS Global Digital Assets Equity Index with a crypto approach. BITQ (Bitwise Crypto Industry Innovators ETF) is an ETF whose tracked index or strategy detail is not recorded in our data, so this comparison rests on the measured figures — yield, fees, size, and performance — rather than strategy labels. They are issued by Bitwise Investments and VanEck respectively.
Can I hold both BITQ and DAPP?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, BITQ or DAPP?
BITQ has an expense ratio of 0.85% while DAPP charges 0.52%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in BITQ vs DAPP generate?
At current rates, BITQ has not established a distribution history yet, so a monthly income estimate is not available. DAPP has not established a distribution history yet, so a monthly income estimate is not available.
Which has performed better historically, BITQ or DAPP?
BITQ has outpaced DAPP over the trailing twelve months, posting a 14.10% total return against -1.41%. The lead holds up over 5 years too: BITQ has compounded at 3.36% a year, against -2.06% for DAPP. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
Explore related screeners
Lateral filters that include these funds — browse the full peer set on DividendVision.
Still deciding? Compare them against your own portfolio
See how each ETF fits alongside your real holdings — forecast future income, analyze overlap, and gauge risk. Start a free 7-day Dividend Vision trial and make the call with your full portfolio in view.
