ETF Copilot
Crypto

Is DAPP a good investment?

Updated October 28, 2026

VanEck Digital Transformation ETF (DAPP) is a crypto ETF. As of October 28, 2026, ETF Copilot scores DAPP 2.5 out of 10 — highest on Growth (5.0), lowest on Risk (0.0). Its ten largest holdings are 64% of the fund.

What stands out in DAPP's data

Digital asset ecosystem companies, focused on crypto infrastructure and blockchain technology.

Earns less on its revenue than most crypto peers — a thin margin that leaves little room for error.

EBITDA margin of 10.0% trails the category median of 20.0%, behind most peers. The fund has no earnings to cushion its 5-year max peak-to-trough decline of -91.9%.

A focused bet on crypto infrastructure — high volatility with no current earnings to anchor the price.

Why did DAPP move this week? It fell 3.0% in the week to October 28, 2026 — Coinbase Global and Circle Internet drove it

DAPP fell 3.0% in the week to October 28, 2026. The holdings that moved it most were Coinbase Global (−8.3%), Circle Internet (−8.9%) and Bitmine Immersion Technologi (−8.0%); Galaxy Digital (+12.8%) pushed the other way.

How is DAPP rated? ETF Copilot scores VanEck Digital Transformation ETF (DAPP) 2.5 out of 10

As of October 28, 2026, ETF Copilot scores VanEck Digital Transformation ETF (DAPP) 2.5 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 2.5 / 10
  • Growth: 5.0 / 10
  • Risk: 0.0 / 10
  • Quality: 0.1 / 10
  • Return: 3.4 / 10

What's inside DAPP? 39% Tech

What's inside DAPP: Size (Large 26%, Mid 37%, Small 37%); Geography (International 20%, US 80%); Tech 39.2%.

What are DAPP's top holdings? The ten largest are 64% of the fund

Square, Coinbase Global, Circle Internet, Bitmine Immersion Technologies, MicroStrategy, Iren, Hut 8, Core Scientific, Terawulf and RED Planet Japan are DAPP's largest holdings, in that order.

More concentrated than 65% of Crypto ETFs.

Half of DAPP's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 17 equally weighted holdings.

What is DAPP's expense ratio? 0.52% a year

As of October 28, 2026, DAPP charges 0.52% a year and holds $241M in assets across 20 positions.

VanEck Digital Transformation ETF (DAPP) — cost, income and size
MeasureDAPP
Expense ratio0.52%
Assets under management$241M
Holdings20

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “VanEck Digital Transformation ETF (DAPP) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/dapp

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