Vaneck Digital Transformation Etf Profile
| DAPP Etf | USD 18.34 1.36 8.01% |
Performance14 of 100
| Odds Of DistressLess than 9
|
VanEck Digital is selling at 18.34 as of the 28th of November 2024; that is 8.01 percent increase since the beginning of the trading day. The etf's last reported lowest price was 17.42. VanEck Digital has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for VanEck Digital Transformation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities of Digital Transformation Companies. Vaneck Digital is traded on NASDAQ Exchange in the United States. More on VanEck Digital Transformation
Moving together with VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Digital Assets, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2021-04-12 |
| Benchmark | MVIS Global Digital Assets Equity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 184.78 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Peter H. Liao, Guo Hua Jason Lin |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NASDAQ |
| Number of Constituents | 22.0 |
| Market Maker | Flow Traders |
| Total Expense | 0.51 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 65.18 |
| Name | VanEck Digital Transformation ETF |
| Currency Code | USD |
| Open Figi | BBG0100SD3B3 |
| In Threey Volatility | 84.93 |
| 1y Volatility | 75.92 |
| 200 Day M A | 11.5647 |
| 50 Day M A | 13.7971 |
| Code | DAPP |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.08 |
VanEck Digital Transformation [DAPP] is traded in USA and was established 2021-04-12. The fund is listed under Digital Assets category and is part of VanEck family. The entity is thematically classified as Strategy ETFs. VanEck Digital Trans currently have 29.93 M in assets under management (AUM). , while the total return for the last 3 years was -12.6%.
Check VanEck Digital Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Digital Transformation Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck Digital Trans Currency Exposure
VanEck Digital Transformation holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck Digital will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck Digital Transformation.
Top VanEck Digital Transformation Etf Constituents
| RIOT | Riot Blockchain | Stock | Information Technology | |
| COIN | Coinbase Global | Stock | Financials | |
| APLD | Applied Blockchain | Stock | Information Technology | |
| MARA | Marathon Digital Holdings | Stock | Information Technology | |
| GLXY | Galaxy Digital Holdings | Stock | Financials | |
| CIFR | Cipher Mining | Stock | Financials | |
| CLSK | CleanSpark | Stock | Information Technology | |
| WULF | Terawulf | Stock | Financials |
VanEck Digital Trans Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.115 | |||
| Jensen Alpha | 0.2171 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.135 |
VanEck Digital Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Digital Transformation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of VanEck Digital Trans is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Digital's value that differs from its market value or its book value, called intrinsic value, which is VanEck Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Digital's market value can be influenced by many factors that don't directly affect VanEck Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.