DAPP vs VTI
VanEck Digital Transformation ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, DAPP or VTI?
Multi Alternative against Large Cap Blend.
VTI has a lower expense ratio. DAPP led over 3Y, VTI over 1Y, 5Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 60.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DAPP | VTI |
|---|---|---|
| Expense Ratio | 0.52% | 0.03%Best |
| AUM | $217M | $689.2B |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 42 | 3,524 |
| YTD Return | -9.55% | +13.02%Best |
| 1Y Return | -37.84% | +16.63%Best |
| 3Y Return (annualized) | +47.02%Best | +21.97% |
| 5Y Return (annualized) | -6.48% | +11.99%Best |
| Volatility (annualized) | 76.1% | 15.4%Best |
| Max Drawdown | -91.9% | -25.4%Best |
| $10,000 over 5 years | $7,154 | $17,616Best |
| Top 10 Weight | 60.8% | 33.5%Best |
| Fund Family | VanEck | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Apr 12, 2021 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Apr 14, 2021 to Oct 14, 2026 (5.5 years).
DAPP vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.5 years both funds cover.
DAPP vs VTI Performance
VanEck Digital Transformation ETF (DAPP) is an ETF from VanEck and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year DAPP returned -37.84% while VTI returned +16.63%. Year to date, DAPP is down 9.55% versus a gain of 13.02% for VTI.
Over three years, DAPP compounded at +47.02% per year against +21.97% for VTI; over five years the annualized figures are -6.48% and +11.99% respectively. Across the full 6-year window we track, VTI has the edge at +12.34% annualized vs -10.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DAPP has been the more volatile fund, with annualized monthly volatility of 76.1% compared with 15.4% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -91.9% for DAPP and -25.4% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DAPP charges 0.52% per year while VTI charges 0.03%. On a $10,000 position that is $52 vs $3 annually, a gap of $49 per year that compounds over a long holding period. On income, DAPP currently yields 0.00% against 1.06% for VTI.
Holdings Overlap
74.3% of DAPP's money is in holdings VTI also owns. 0.3% of VTI's money is in holdings DAPP also owns.
Most of DAPP is already inside VTI. Owning both mostly buys the same companies twice.
14 positions in common, counted across the 20 positions we hold weights for in DAPP and 3,441 in VTI, against full books of 42 and 3,524.
What only one of them owns
Our book lists 1,144 positions for VTI that do not appear in our book for DAPP (97.3% of the fund), and 1 for DAPP that do not appear in VTI (4.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DAPP | Weight in VTI | Difference |
|---|---|---|---|
| COINCoinbase Global, Inc. | 8.77% | 0.05% | 8.72% |
| SQBlock, Inc | 7.84% | 0.06% | 7.78% |
| BMNRBitmine Immersion Technologi | 6.82% | 0.02% | 6.80% |
| CRCLCircle Internet Group In | 6.40% | 0.02% | 6.38% |
| MSTRMicrostrategy Inc | 5.68% | 0.06% | 5.62% |
| RIOTRiot Platforms, Inc. | 4.68% | 0.01% | 4.67% |
| CLSKCleanspark Inc | 4.52% | 0.00% | 4.52% |
| MARAMarathon Patent Group Inc. | 4.44% | 0.01% | 4.43% |
| APLDApplied Digital Corp | 4.41% | 0.01% | 4.40% |
| CIFRCipher Mining Inc | 4.38% | 0.01% | 4.37% |
74.3% of DAPP is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DAPP or VTI?
DAPP has an expense ratio of 0.52% while VTI charges 0.03%. VTI is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, DAPP or VTI?
Over the past year DAPP returned -37.84% vs +16.63% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (6 years), DAPP annualized -10.23% vs +12.34% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DAPP or VTI?
DAPP has been the more volatile fund at 76.1% annualized versus 15.4% for VTI. Worst drawdown: DAPP -91.9% vs VTI -25.4%.
Should I hold both DAPP and VTI?
DAPP and VTI have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DAPP and VTI?
74.3% of DAPP's money is in holdings VTI also owns. 0.3% of VTI's is in holdings DAPP also owns. They hold 14 positions in common, counted across the 20 positions we hold weights for in DAPP and 3,441 in VTI.
Which pays a higher dividend, DAPP or VTI?
DAPP yields 0.00% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than DAPP?
VTI has a lower expense ratio. DAPP led over 3Y, VTI over 1Y, 5Y and the full window. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 60.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.