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DAPP
-0.56 · -4.28%
£12.48 · LSE
VanEck Crypto& Blockchain Innovators ETF A USD Acc | Sector Equity Technology
VanEck Asset Management B.V. · Ireland
AUM:$265.9M
#– of – in Sector Equity Technology ETFs
ℹ️
Reward Rating
49
Moderate
37.37% 1Y return
ℹ️
Risk Rating
81
High
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

📈 Up 37.4% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.65% — moderate cost. Consider how fees compound over long holding periods.

What is DAPP?

VanEck Crypto& Blockchain Innovators ETF A USD Acc tracks Morningstar Gbl Tech NR USD, providing diversified exposure across 21 holdings. Its ongoing charge is 0.65%.

Performance Highlights

Investment Breakdown

Strong Recent Performance
DAPP delivered 37.4% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Ongoing charge of 0.65%. Consider how fees compound over a long holding period.
Concentrated Holdings
Top 10 holdings account for 64.0% of the ETF — significant weight in a small number of names.

Openbook Analysis

Performance: Moderate (49)

The scoring profile reflects subdued historical performance over the measured period. The ongoing charge of 0.65% should be considered against long-term return expectations. Risk indicators are high, reflecting meaningful price sensitivity (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM$265.9M
Ongoing Charge0.65%
Dividend Yield0.00%
Holdings21
Inception DateApr 2021
DomicileIreland
Distribution–
IndexMorningstar Gbl Tech NR USD
ProviderVanEck Asset Management B.V.
Beta2.57
CategorySector Equity Technology
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified
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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+16.1%
1Y
+69.3%
3Y
+298.8%
5Y
-5.8%
OpenBook InsightIf you had invested £10,000 in DAPP 5 years ago, it would have fallen to £9,416 — a loss of £584.

Annual Returns

Calendar year performance

DAPP delivered positive returns in 4 of the last 5 calendar years.
YearDAPP
2026 YTD+28.0%
2025+10.2%
2024+49.3%
2023+336.2%
2022-86.1%
CAGR 4yr-0.0%
4/5 positive yearsAvg return: +67.5%Worst year: -86.1% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
57.9%
Very High
Momentum
+23.3%
30-day change
Support Level
13.09
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Momentum is upward with a 23.3% move over 30 days.
  • Elevated volatility indicates higher short-term price variability and risk.

Reward Rating Breakdown

Our reward rating analyses DAPP's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
49
Moderate REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?

📈 Performance

Weight: 30%
63/100

Has the ETF delivered strong historical returns versus similar ETFs? Combines 1/3/5/10-year returns with the Sharpe ratio (risk-adjusted return).

1Y Return
37.37%
Very Good
3Y Return
54.98%
Very Good
5Y Return
0.00%
Weak
10Y Return
0.00%
Weak
Sharpe Ratio
—
No Data

Solid historical performance: 1-year return of 37.37%, 3-year annualised 54.98%, 5-year annualised 0.00%. Past performance is not indicative of future results.

💰 Cost Efficiency

Weight: 30%
73/100

Is the ETF cheap to own over long periods? Low ongoing charges compound into meaningful additional returns over a 10-year horizon.

Ongoing Charge
0.65%
Very Weak
Net Expense Ratio
0.01%
Very Good
Annual Turnover
0.00%
Very Good
Tracking Difference
—
No Data

Low-cost and efficient structure: ongoing charge of 0.65%, net expense ratio of 0.01%, annual turnover of 0.0%.

💵 Income

Weight: 15%
15/100

Does the ETF provide attractive and consistent distributions? Combines the current yield with distribution frequency.

Distribution Yield
0.00%
Very Weak
Distribution Frequency
—
No Data

Low-income profile — better suited as a growth holding: distribution yield of 0.00%.

🌐 Diversification Quality

Weight: 25%
23/100

Does the ETF spread exposure across many holdings, sectors, and regions? Concentrated funds can be doing exactly what they're meant to do — treat the score as context, not a verdict.

Holdings
21
Very Weak
Top 10 Concentration
64.01%
Very Weak
Top Sector
Financial Services65.4%
Very Weak
Top Region
North America86.3%
Weak

Heavily concentrated — returns will be driven by a narrow slice of the market: 21 holdings, top 10 at 64.0%, Financial Services sector at 65.4%, North America at 86.3%.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses DAPP using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
81
High RISK
Data Coverage: 83%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.

🎯 Holdings Concentration

Weight: 25%
64/100

How much of the fund sits in a small number of positions? If the top holdings dominate, returns will be driven by those specific companies rather than the broader index.

Top 10 Weight
64.01%
Elevated
Largest Holding
8.54%
Moderate
Number of Holdings
21
High Risk
HHI (weight²)
420
Lower Risk

Moderate holdings concentration: top 10 holdings at 64.0%, largest single position at 8.54%, 21 total holdings.

🌍 Market Exposure

Weight: 25%
86/100

How dependent is the fund on a single country, sector or economic cycle? Heavy exposure to one market means a single macro event can drive most of the return.

Top Region
North America86.3%
Elevated
Top Sector
Financial Services65.4%
High Risk
Top 2 Sectors
96.27%
High Risk
Cyclical Sectors
65.38%
High Risk

High market-exposure risk — returns closely track a narrow slice of the market: North America at 86.3%, Financial Services sector at 65.4%, 65.4% in cyclical sectors.

📊 Volatility

Weight: 35%
90/100

How sharply does the fund move day-to-day and how deep have its drawdowns been? High volatility means wider return outcomes over short horizons.

1Y Volatility
60.95%
High Risk
Beta
2.57
High Risk
Max Drawdown
—
No Data

High historical volatility — expect meaningful short-term swings: 1Y volatility of 60.95%, beta of 2.57 (historical).

💵 Income Reliability

Weight: 15%
Not applicable

This is an accumulating ETF. Distributions are reinvested inside the fund, so there's no dividend-reliability risk to assess. The 15% income weight is redistributed to the other three factors.

Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
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