Is DAPP a good investment?

VanEck Digital Transformation ETF (DAPP) is a crypto ETF. As of September 11, 2026, ETF Copilot scores DAPP 2.8 out of 10 — highest on Valuation (6.9), lowest on Risk (0.0). Its ten largest holdings are 67% of the fund.

Updated September 11, 2026

How is DAPP rated? ETF Copilot scores VanEck Digital Transformation ETF (DAPP) 2.8 out of 10

As of September 11, 2026, ETF Copilot scores VanEck Digital Transformation ETF (DAPP) 2.8 out of 10 overall.

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

Overall: 2.8 / 10
Growth: 2.9 / 10
Valuation: 6.9 / 10
Risk: 0.0 / 10
Quality: 0.1 / 10
Return: 3.8 / 10

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

As of September 11, 2026, DAPP charges 0.52% a year, yields 0.02% and holds $397M in assets across 19 positions.

VanEck Digital Transformation ETF (DAPP) — cost, income and size
Measure	DAPP
Expense ratio	0.52%
Dividend yield	0.02%
Assets under management	$397M
Holdings	19

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.

What stands out in DAPP's data

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

Earns nothing on its capital today — the fund's value rests entirely on future growth.

EBITDA margin sits at 0%, behind most peers and down from a 6.5% historical median. Analysts project 14% earnings growth ahead, but the 52-week peak-to-trough decline of -87.8% shows the ride.

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

Why did DAPP move this week? It fell 3.5% in the week to September 11, 2026 — Circle Internet and Coinbase Global drove it

DAPP fell 3.5% in the week to September 11, 2026. The holdings that moved it most were Circle Internet (−12.2%), Coinbase Global (−9.1%) and MicroStrategy (−9.6%); HUT 8 Mining (+11.9%) pushed the other way.

What's inside DAPP? 37% Tech

What's inside DAPP: Size (Large 26%, Mid 51%, Small 23%); Geography (International 22%, US 78%); Tech 36.7%.

What are DAPP's top holdings? The ten largest are 67% of the fund

Block, Bitmine Immersion Technologies, Coinbase Global, Circle Internet, Iren, Figure Technology Solutions, MicroStrategy, Bullish, Riot Platforms and Mara are DAPP's largest holdings, in that order.

More concentrated than 72% 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 16 equally weighted holdings.

Cite this

ETF Copilot, “VanEck Digital Transformation ETF (DAPP) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/dapp