VanEck Digital Transformation ETF logo

VanEck Digital Transformation ETF (DAPP)

Market Closed
22 Jul, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
18. 76
+0.07
+0.37%
$
209.29M Market Cap
7.51% Div Yield
313,000 Volume
$ 18.69
Previous Close
Day Range
18.05 18.88
Year Range
7.8 20.71
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Summary

DAPP closed today higher at $18.76, an increase of 0.37% from yesterday's close, completing a monthly increase of 15.09% or $2.46. Over the past 12 months, DAPP stock gained 25.4%.
DAPP pays dividends to its shareholders, with the most recent payment made on Dec 27, 2021. The next estimated payment will be in 27 Dec 2021 on Dec 27, 2021 for a total of $1.878.
The stock of the company had never split.
The company's stock is traded on 3 different exchanges and in various currencies, with the primary listing on NASDAQ (NMS) (USD).

DAPP Chart

Chart

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The chart has 1 X axis displaying categories.
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DAPP: An ETF That Needs To Evolve

DAPP: An ETF That Needs To Evolve

The VanEck Digital Transformation ETF has significantly underperformed both Bitcoin and the S&P 500 since its inception in 2021. DAPP's inflexible passive strategy and material exposure to crypto miners limit its appeal versus actively managed competitors like BLOK that are better able to evolve with an immature industry. The fund's Index lacks any qualitative screening, and improvements in portfolio construction are urgently needed.

Seekingalpha | 1 month ago
Tech Set to Surge on Tariff Pause: 5 ETF Picks

Tech Set to Surge on Tariff Pause: 5 ETF Picks

Investors seeking to tap the potential rally on tariff pause should invest in beaten-down tech ETFs.

Zacks | 3 months ago
DAPP: Bitcoin Wobbles Under $100,000, Key Crypto Miner Earnings On Tap

DAPP: Bitcoin Wobbles Under $100,000, Key Crypto Miner Earnings On Tap

Bitcoin has been rangebound between $90,000-$109,000, affecting crypto-related stocks, while gold has outperformed year-to-date. I maintain a hold rating on the VanEck Digital Transformation ETF due to mixed valuation and technical trends, despite its substantial growth. DAPP's portfolio has diversified with increased large-cap exposure and a high long-term EPS growth rate, but its elevated P/E ratio poses risks.

Seekingalpha | 5 months ago

VanEck Digital Transformation ETF Dividends

VanEck Digital Transformation ETF logo
DAPP 7 months ago
Other
$0.58 Per Share
VanEck Digital Transformation ETF logo
DAPP 20 Dec 2021
Paid
Other
$1.88 Per Share

VanEck Digital Transformation ETF Earnings

DAPP have yet to publish their earning reports.
VanEck Digital Transformation ETF logo
DAPP 7 months ago
Other
$0.58 Per Share
VanEck Digital Transformation ETF logo
DAPP 20 Dec 2021
Paid
Other
$1.88 Per Share
DAPP have yet to publish their earning reports.

VanEck Digital Transformation ETF (DAPP) FAQ

What is the stock price today?

The current price is $18.76.

On which exchange is it traded?

VanEck Digital Transformation ETF is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is DAPP.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 7.51%.

What is its market cap?

As of today, the market cap is 209.29M.

Has VanEck Digital Transformation ETF ever had a stock split?

No, there has never been a stock split.

VanEck Digital Transformation ETF Profile

NASDAQ (NMS) Exchange
US Country

Overview

The aforementioned company operates within the financial sector, specifically focusing on investment in Digital Transformation Companies. Its primary investment strategy involves allocating at least 80% of its total assets towards securities of companies that are significantly involved in the digital transformation sector. The objective is to track and replicate the performance of a global index dedicated to Digital Transformation Companies. Notably, the fund distinguishes itself by abstaining from investments in digital assets such as cryptocurrencies, including direct purchases, derivatives, or initial coin offerings, thereby adhering to a traditional yet focused investment approach in the digital transformation space. This fund is non-diversified, indicating a concentrated investment strategy in the digital transformation niche.

Products and Services

The company’s primary offering is its investment fund that targets Digital Transformation Companies. Below is an outline of the fund's characteristics:

  • Securities of Digital Transformation Companies - The fund dedicates a significant portion of its assets, at least 80%, to invest in securities of companies that are heavily involved in digital transformation across various sectors. This includes companies that leverage digital technology to significantly alter how they operate and deliver value to customers.
  • Global Digital Transformation Index Tracking - The investment strategy includes tracking a global index that measures the performance of companies excelling in digital transformation. This provides investors with exposure to leading innovators and disruptors in the digital space worldwide.
  • Exclusion of Digital Assets and ICOs - Unique to its investment philosophy, the fund explicitly avoids direct or indirect investment in digital assets, like cryptocurrencies, and does not engage with initial coin offerings. This approach aims to mitigate the volatility and risk associated with these types of investments.
  • Non-diversified Fund Structure - By choosing a non-diversified structure, the fund can concentrate its investments in a smaller number of digital transformation companies, potentially leading to higher volatility but also offering the chance for significant returns from these focused investments.

Contact Information

Address: 666 Third Avenue
Phone: NA