DAPP
Not rated
No published distribution safety rating is available.
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.
Updated November 6, 2026
No track record yet. TKNZ launched within the last six months. The forward distribution rate is left blank until a payout is published.
How these figures are calculated: methodology.
Price and total return
Compare the same available dates. Add a ticker or benchmark below; these controls change the chart only. The snapshot and article describe the original comparison.
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Distribution Safety Score
An estimate of distribution reliability, not price or principal safety, a probability, or a guarantee. Score methodology.
TKNZ
Not rated
No published distribution safety rating is available.
Score snapshot as of . Method 1.11.
Side-by-side snapshot
| Metric |  DAPP |  TKNZ |
|---|---|---|
| Full name | VanEck Digital Transformation ETF | T. Rowe Price Active Crypto ETF |
| Issuer | VanEck | T. Rowe Price |
| Last Close | $13.63 as of November 6, 2026 | $28.85 as of November 6, 2026 |
| Distribution rate | — | — |
| Distribution Safety Score™ | — | — |
| Expense ratio | 0.52% | 0.75% |
| AUM | $222M | $24.9M |
| Distribution frequency | None | Annual |
| Underlying index | MVIS Global Digital Assets Equity Index | Actively managed (no tracked index recorded) |
| Objective | 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. | Seeks long-term capital appreciation through actively managed exposure to a diversified portfolio of crypto assets and crypto-related investments. |
| Asset class | Equity | Crypto |
| Inception date | 04/12/2021 | 07/16/2026 |
| Beta | 3.76 | — |
| Ex-dividend date | 12/23/2024 | — |
— 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.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
DAPP has lagged TKNZ over the year to date, posting a -21.48% total return against 17.23%. TKNZ has been the steadier holding, though — annualized volatility of 42.6% against 65.8% for DAPP. Figures are total returns: price change plus every distribution reinvested.
| Symbol | YTD cumulative | Since Jul 2026 | Volatility | Sharpe | Sortino | Max drawdown |
|---|---|---|---|---|---|---|
| DAPP | -21.48% | -25.32% | 65.8% | -1.48 | -1.99 | -40.2% |
| TKNZ | 17.23% | 17.23% | 42.6% | 1.12 | 1.82 | -16.2% |
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of November 5, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Jul 2026” measures every fund from July 16, 2026 — 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 shared window since Jul 2026. 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 shared window since Jul 2026) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Not a distribution payer
DAPP (VanEck Digital Transformation ETF) has no distribution rate on file and its distribution frequency is None. DAPP is not a payer. The blank yield is not a zero yield.
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
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.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
ETFs86
Total AUM$156B
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 a broad range of asset classes, from traditional equities and fixed income to alternatives and digital assets. The firm's lineup encompasses income-focused funds, sector strategies, commodity exposure, municipal bonds, and innovative thematic products covering areas like blockchain, artificial intelligence, and emerging markets. VanEck serves both income-oriented and growth-focused investors with a diversified product suite that extends beyond conventional equity and bond offerings.
See our curated list of related YouTube videos on DAPP.
ETFs39
Total AUM$34.6B
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.
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 $222M in assets vs $24.9M for TKNZ, but TKNZ only launched July 2026 — AUM comparisons will become more meaningful as it builds a track record.
Top-holdings overlap
Positions that appear in every fund's top 10. Issuers disclose only the largest weights, so this captures the overlap of the concentrated end of each book — not the full portfolios.
— shared positions
DAPP 0.0% of its top-10 weight
TKNZ top-10 holdings unavailable
Top-10 holdings unavailable for TKNZ — cannot compute overlap.
Deep dive
Yield & income
On a $10,000 investment at current distribution rates, DAPP has no reported distribution yield yet, so a cash estimate is not available, while TKNZ has no reported distribution yield yet, so a cash estimate is not available.
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 $222M in assets. TKNZ is managed by T. Rowe Price (launched 07/16/2026) with $24.9M in assets.
DAPP AUM$222M
TKNZ AUM$24.9M
Frequently asked questions
Which of DAPP or TKNZ pays more dividend income?
Neither DAPP nor TKNZ currently reports a distribution yield, so neither is an income fund today. Compare them on holdings, cost, and total return instead.
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 distribution rates, DAPP does not pay distributions, so there is no cash income to estimate. TKNZ has not established a distribution history yet, so a cash estimate is not available.
Which has performed better historically, DAPP or TKNZ?
DAPP has lagged TKNZ over the year to date, posting a -21.48% total return against 17.23%. TKNZ has been the steadier holding, though — annualized volatility of 42.6% against 65.8% for DAPP. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
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DAPP vs TKNZ — at a glance
Generated October 31, 2026.
TKNZ charges 0.75% compared to DAPP's 0.52%, a 0.23 percentage-point gap that reflects active management fees. DAPP's beta of 3.77 indicates substantially higher sensitivity to broad stock market moves than a typical technology fund, reflecting the volatility inherent in blockchain equities. Appropriate for those comfortable with technology-sector volatility and index-driven approaches.
- TKNZ: Fits investors who want professional active management and direct exposure to crypto assets themselves, along with crypto-adjacent securities. Designed for those willing to accept the risks of emerging crypto markets and active fund management in an asset class where traditional indexing is less established.
Key risks to know
- Direct crypto volatility (TKNZ): Holding actual crypto assets exposes TKNZ to digital asset price swings that can move independently of equities, potentially amplifying losses in market stress. This differs sharply from DAPP's equity-market correlation.
- Early-stage fund risk (TKNZ): TKNZ has 3 months of operations, leaving limited track record to evaluate management decisions or how the fund behaves across market cycles.
- Concentration and regulatory uncertainty: Both funds face exposure to companies or assets affected by evolving cryptocurrency regulation. Changes in regulatory treatment of crypto or blockchain could materially impact underlying valuations. Index rebalancing and constituent changes can drive unexpected volatility.
- Active-management timing (TKNZ): Active crypto positioning depends on manager decisions about asset allocation and timing, introducing performance variability in highly volatile markets.
Bottom line
If you want exposure to blockchain-related companies through traditional equities and index discipline, DAPP offers a more established and liquid vehicle. If you prefer active management and direct crypto holdings, TKNZ provides that access, though at higher expense and with significantly less fund history. Both carry substantial market risk tied to crypto-sector dynamics; understand what crypto volatility means for your portfolio. Past performance does not guarantee 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.
These comparisons follow the Dividend Vision methodology.