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DAPP
VanEck Digital Transformation ETF

Fund Description

VanEck Digital Transformation ETF (the “Fund”) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Digital Assets Equity Index (the “Index”), which is intended to track the performance of companies that are participating in the digital assets economies.

 
 

  • Fund Ticker

    DAPP
  • Exchange

    NASDAQ
  • Inception Date

    04/12/2021
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Index Ticker

    MVDAPPTR
  • Index Rebalancing

    Quarterly

  as of 12/06/22

  • 30-Day SEC Yield1

    4.78%
  • Total Net Assets

    $20.9M
  • Number of Holdings

    25
  • Options

    Available
  • Gross Expense Ratio2

    0.50%
  • Net Expense Ratio/TER2

    0.50%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/16/2022

Fund Highlights

  • Companies at the forefront of the digital assets transformation

  • Diversified exposure to digital asset exchanges, miners, and other infrastructure companies

  • Access to companies that have the potential of getting 50% of revenue from digital assets

Trading Information

  • Fund Ticker

    DAPP
  • Index Total Return Ticker

    MVDAPPTR
  • NAV

    DAPPNV
  • Intraday NAV (IIV)4

    DAPPIV
  • Shares Outstanding

    6,475,000
  • Estimated Cash

    DAPPEU
  • Total Cash

    DAPPTC
  • CUSIP

    92189H821
  • ISIN

    US92189H8218
Source: Bloomberg

Fees and Expenses2

  • Management Fee

    0.50%
  • Other Expenses

    --
  • Gross Expense Ratio

    0.50%
  • Fee Waivers and
    Expense Reimbursement

    --
  • Net Expense Ratio/TER2

    0.50%

2Van Eck Associates Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay the offering costs until at least February 1, 2023.

Investment Professionals

  • Portfolio Manager and Head of Equity ETFs
  • Oversees the Equity ETF Investment Management Team including development and management of index replication and optimization strategies
  • Joined VanEck in 2005
  • CFA charterholder; member of the CFA Society New York
  • BA, Mathematics and Economics, New York University
  • Analyst for Equity ETFs
  • Joined VanEck in 2018
  • Prior to joining VanEck, ETF Basket Operations Analyst at JPMorgan
  • BS, Finance, Providence College
  • Analyst for Equity ETFs
  • Joined VanEck in 2019
  • Prior to VanEck, Intermediate Representative, Exchange Traded Funds at BNY Mellon.
  • BS, Accounting, Hunter College

Prices as of 12/06/22

NAV/
Market
Price
Volume
30-Day Avg./
Last Trading Day
Daily Change
NAV/
Last Price
YTD Change NAV/
Last Price
Premium/
Discount
30-Day
Median
Bid Ask
Spread
NAV
Chart
DAPP $3.23
$3.25
90,409
40,699
$-0.12 / -3.56%
$-0.09 / -2.70%
-82.56%
-82.47%
$0.02
0.70%
0.55%

Premium/Discount History as of 12/06/22

Since Inception 4Q 2021 1Q 2022 2Q 2022 3Q 2022 Premium/Discount Charts NAV & Prem/Discount History
DAPP Days closed at a premium 245 43 48 29 40
Days closed at NAV 40 4 4 11 13
Days closed at a discount 88 17 10 22 11

Performance History: Average Annual Total Returns* (%)

  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/12/21
DAPP (NAV) -26.69 -42.44 -81.40 -87.02 -- -- -- -74.57
DAPP (Share Price) -26.69 -42.33 -81.34 -86.94 -- -- -- -74.49
MVDAPPTR (Index) -27.18 -43.25 -81.92 -87.47 -- -- -- -75.21
Performance Differential (NAV - Index) 0.49 0.81 0.52 0.45 -- -- -- 0.64
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/12/21
DAPP (NAV) -17.27 13.31 -73.26 -76.33 -- -- -- -72.14
DAPP (Share Price) -17.67 13.04 -73.35 -76.39 -- -- -- -72.17
MVDAPPTR (Index) -17.60 12.65 -73.74 -77.13 -- -- -- -72.73
Performance Differential (NAV - Index) 0.33 0.66 0.48 0.80 -- -- -- 0.59

Top 10 Holdings (%) as of 11/30/22

Daily Holdings
Total Holdings: 25
Holding Name
Ticker
Shares
Market Value
(US$)
% of Net
Assets
Block Inc
SQ US
42,455
2,877,175 12.91
Microstrategy Inc
MSTR US
10,693
2,118,176 9.50
Coinbase Global Inc
COIN US
42,188
1,929,257 8.66
Riot Blockchain Inc
RIOT US
302,195
1,405,207 6.30
Canaan Inc
CAN US
502,937
1,307,636 5.87
Marathon Digital Holdings Inc
MARA US
184,872
1,168,391 5.24
Hut 8 Mining Corp
HUT US
889,827
1,058,894 4.75
Galaxy Digital Holdings Ltd
GLXY CN
299,499
952,158 4.27
Applied Blockchain Inc
APLD US
450,931
879,315 3.95
Bakkt Holdings Inc
BKKT US
476,714
843,784 3.79
Top 10 Total (%) 65.24
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%)
as of 11/30/22

Country % of Net Assets
United States 66.57
China 10.63
Canada 8.08
Germany 5.52
Bermuda 3.55
United Kingdom 2.87
Australia 2.04
Other/Cash 0.74

Sector Weightings (%)
as of 11/30/22

Sector % of Net Assets
Information Technology 71.86
Financials 26.20
n/a 1.21
Other/Cash 0.74

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