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ETF Comparison

DAPP vs TKNZ: Which Is the Better Pick in 2026?

A head-to-head comparison of VanEck Digital Transformation ETF and T. Rowe Price Active Crypto ETF covering yield, cost, risk, and income potential.

Data updated September 18, 2026

Visual comparison

Key metrics

Projected income on $10K

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.

DAPP has lagged TKNZ over the shared window since Jul 2026, posting a 20.31% total return against 32.54%. 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.
SymbolSince Jul 2026
DAPP20.31%
TKNZ32.54%

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 Jul 2026” measures every fund from July 16, 2026 — the start of shared available history — so all funds share one comparison window.

Side-by-side snapshot

Side-by-side snapshot. Each row is one metric; each column is one fund.
MetricDAPPTKNZ
Full nameVanEck Digital Transformation ETFT. Rowe Price Active Crypto ETF
IssuerVanEckT. Rowe Price
Last Close$20.91 as of September 18, 2026$32.67 as of September 18, 2026
Distribution rate——
Distribution Safety Score™ ——
Expense ratio0.52%0.75%
AUM$439M$22.3M
Distribution frequencyNoneAnnual
Underlying indexMVIS Global Digital Assets Equity Index—
ObjectiveSeeks 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.Seeks long-term capital appreciation through actively managed exposure to a diversified portfolio of crypto assets and crypto-related investments.
Asset classEquityCrypto
Inception date04/12/202107/16/2026
Beta3.76—
Ex-dividend date12/23/2024—

— Distribution rate, Safety-Adjusted Yield, last dividend, and ex-dividend date are not yet available because TKNZ launched July 2026; these fields will populate after the first distribution.

Bottom lineWe won't call this one: TKNZ launched July 2026, so there is not yet a track record to compare. Compare the strategy, cost and holdings in the sections above and treat any performance figures for the newer ETF as provisional.

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. DAPP and TKNZ 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.
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Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

VanEck
ETFs85
Total AUM$163B

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.

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T. Rowe Price
ETFs38
Total AUM$33.8B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

T. Rowe Price is a major asset manager known for building diversified, actively managed ETF portfolios across multiple asset classes and investment styles. Their fund lineup spans bond funds, dividend and income-focused strategies, broad equity exposure, international markets, and thematic equity themes, serving both income-seeking and growth-oriented investors. The issuer offers a substantial breadth of options with tickers like PABGX and PREIX, appealing to investors seeking professional portfolio management across traditional and specialized investment categories.

See our curated list of related YouTube videos on TKNZ.

See all T. Rowe Price ETFs

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Quick verdict

DAPP (VanEck Digital Transformation ETF) and TKNZ (T. Rowe Price Active Crypto ETF) are both ETFs, but they take different approaches.

DAPP is cheaper with an expense ratio of 0.52% compared to 0.75%.

DAPP has $439M in assets vs $22.3M for TKNZ, but TKNZ only launched July 2026 — AUM comparisons will become more meaningful as it builds a track record.

Deep dive

Yield & income

On a $10,000 investment, DAPP has no reported distribution yield yet, so a monthly income estimate is not available, while TKNZ has no reported distribution yield yet, so a monthly income estimate is not available, at current distribution rates.

DAPP yield—
TKNZ yield—

Cost & efficiency

Over 10 years on $10,000, DAPP would cost approximately $520 in fees vs $750 for TKNZ (simplified, not compounded). The $230.00 difference may be offset by yield or performance.

DAPP ER0.52%
TKNZ ER0.75%

Strategy & risk

DAPP tracks MVIS Global Digital Assets Equity Index with a crypto approach, while TKNZ is an actively managed ETF built around digital assets exposure.

DAPP beta3.76
TKNZ beta—

Fund details

DAPP is managed by VanEck (launched 04/12/2021) with $439M in assets. TKNZ is managed by T. Rowe Price (launched 07/16/2026) with $22.3M in assets.

DAPP AUM$439M
TKNZ AUM$22.3M
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Frequently asked questions

Which of DAPP or TKNZ pays more dividend income?

TKNZ currently reports a distribution yield, while DAPP 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 DAPP and TKNZ?

DAPP (VanEck Digital Transformation ETF) tracks MVIS Global Digital Assets Equity Index with a crypto approach, while TKNZ (T. Rowe Price Active Crypto ETF) is an actively managed ETF built around digital assets exposure. They are issued by VanEck and T. Rowe Price respectively.

Can I hold both DAPP and TKNZ?

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, DAPP or TKNZ?

DAPP has an expense ratio of 0.52% while TKNZ charges 0.75%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in DAPP vs TKNZ generate?

At current rates, DAPP has not established a distribution history yet, so a monthly income estimate is not available. TKNZ has not established a distribution history yet, so a monthly income estimate is not available.

Which has performed better historically, DAPP or TKNZ?

DAPP has lagged TKNZ over the shared window since Jul 2026, posting a 20.31% total return against 32.54%. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

DAPP vs TKNZ — at a glance

Generated September 19, 2026.

How they differ

The single biggest difference is asset exposure. DAPP tracks the MVIS Global Digital Assets Equity Index, which selects publicly traded companies positioned around blockchain and digital transformation—think software firms, fintech operators, and infrastructure providers. TKNZ invests directly in digital assets themselves (Bitcoin, Ethereum, and related tokens) plus crypto-related equities, making it a pure-play crypto allocation rather than a tech-sector play.

Second, DAPP is passively managed with a 0.52% expense ratio and launched in 04/12/2021, while TKNZ is actively managed at 0.75% and is newly launched (07/16/2026). DAPP's larger asset base of $439M versus TKNZ's $22.3M reflects the maturity gap and different investor appeal.

Third, DAPP exhibits a beta of 3.76, meaning it amplifies broad equity market moves in the tech space.

TKNZ: Designed for investors with higher crypto conviction who want direct exposure to Bitcoin, Ethereum, and other digital assets in a professionally managed wrapper, accepting active management fees and the nascent fund structure in exchange for concentrated crypto participation.

Key risks to know

  • Index concentration and sector tilt: DAPP's tracking of the MVIS Global Digital Assets Equity Index concentrates exposure to a narrow set of blockchain and fintech companies. If the index methodology overweights a few large players, downturns in those names will disproportionately impact performance.
  • Volatility and drawdown risk: DAPP's beta of 3.76 indicates it amplifies broad equity market swings. The fund may experience steep drawdowns during tech selloffs, particularly when risk-off sentiment dominates.

Bottom line

If you want thematic exposure to blockchain and fintech companies through traditional equity markets, DAPP offers a lower-cost, more established passive route with measurable volatility metrics. If you're seeking direct crypto ownership with active management, TKNZ provides that concentration but carries higher fees, lower liquidity, and no track record yet. Neither fund reports a distribution yield, so neither functions as an income vehicle. Past performance does not predict future results.

AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.

Learn the method

The metrics behind this comparison, explained in the Academy.

Crypto covered-call funds, explained How to read a fund's stats NAV erosion, explained

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