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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
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVDAPPTR
  • Index Rebalancing

    Quarterly

 
as of 09/17/21

  • 30-Day SEC Yield1

    0.39%
  • Total Net Assets

    $52.8M
  • Number of Holdings

    27
  • Options

    Expected
  • Gross Expense Ratio2

    0.50%
  • Net Expense Ratio/TER2

    0.50%
  • Distribution Frequency

    Annual
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Click here to read the Recommended Insights - Blog: Coinbase Listing Signals Digital Assets Maturity

Index Key Points

Underlying Index: MVIS® Global Digital Assets Equity Index


The Index Composition:

The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the global digital asset segment. These companies may include those that operate digital asset exchanges, payment gateways, digital asset mining operations, software services, equipment and technology or services to the digital asset operations, digital asset infrastructure businesses, or companies facilitating commerce with the use of digital assets, among others. They may also include companies which own a material amount of digital assets, or otherwise generate revenues related to digital asset projects.


Companies initially eligible for inclusion in Index:

  • Companies that generate at least 50% of its revenues from (i) digital assets projects or (ii) projects that, when developed, have the potential to generate at least 50% of their revenues from the digital assets industry; and/or (iii) have at least 50% of its assets invested in direct digital asset holdings or digital asset projects.
  • Companies with less than 50% of their revenues from the global digital assets segment, including semiconductor and online money transfer companies, may be added to the index to reach a minimum component number.
  • Market capitalization greater than $150 million
  • Three-month average daily turnover greater than $1 million
  • Minimum trading volume of 250,000 shares each month over last 6 months

Index provider:

MVIS

Index Profile

  • Ticker

    MVDAPPTR
  • Inception Date

    03/08/2021
  • Rebalance Frequency

    Quarterly

Index Top 10 Constituents (%) as of 08/31/21

Total Constituents: 25
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full data
Constituent Name
Ticker
Weightings (%)
Marathon Digital Holdings In
MARA US
9.62
Square Inc - A
SQ US
9.17
Coinbase Global Inc -Class A
COIN US
8.30
Hut 8 Mining Corp
HUT CN
6.51
Microstrategy Inc-Cl A
MSTR US
6.07
Riot Blockchain Inc
RIOT US
5.85
Silvergate Capital Corp-Cl A
SI US
5.54
Hive Blockchain Technologies
HIVE CN
5.13
Bitfarms Ltd/Canada
BITF CN
4.82
Voyager Digital Ltd
VYGR CN
4.68
Top 10 Total (%) 65.69
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 08/31/21

  • Country

    Weightings (%)
  • United States

    48.4
  • Canada

    23.4
  • China

    13.0
  • Taiwan

    4.1
  • Germany

    3.8
  • United Kingdom

    3.3
  • Hong Kong

    2.4
  • Jersey

    1.6

Index Sector Weightings (%) as of 08/31/21

  • Sector

    Weightings (%)
  • Information Technology

    72.4
  • Financials

    24.6
  • Communication Services

    2.0
  • Consumer Discretionary

    0.9