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VanEck Digital Transformation ETF (DAPP)

Equity Digital Assets | Exchange Traded Fund | NasdaqGM
18.25 USD +0.38 (2.126%) ⇧ (July 14, 2026, 12:09 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★★☆☆Dividends:★★☆☆☆
Hot Take | July 11, 2026, 4:45 a.m. EDT

The VanEck Digital Transformation ETF presents a classic 'value trap' scenario where strong multi-year fundamentals clash with severe recent price dislocation. Fundamentally, the business is robust: it has delivered three consecutive years of double-digit growth (+73%, +41%, +46%) with a healthy trailing P/E of 12.9x, indicating the market has punished the asset without questioning its earnings power. However, the price chart tells a different story for the short term; the fund has lost nearly 27% of its value over the last four years and is currently trading well below its 50-day and 200-day moving averages, reflecting persistent selling pressure. While the recent price action shows a slight stabilization, the lack of a clear trend reversal keeps the short-term outlook cautious. The options market confirms this tension, with heavy positioning at distant strikes suggesting a belief in a future recovery, but not necessarily immediate momentum. This is a solid long-term hold for investors willing to wait for the market to recognize the disconnect between the company's performance and its share price, but it lacks the catalyst needed for a high-conviction short-term trade.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.141961
AutoETS0.156042
AutoARIMA0.156045
MSTL0.162381

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 40%
H-stat 0.67
Ljung-Box p 0.000
Jarque-Bera p 0.259
Excess Kurtosis -0.92
Attribute Value
Trailing P/E 12.59

As of July 11, 2026, 4:45 a.m. EDT: Speculators are positioning for a range-bound recovery rather than a breakout. Call Open Interest is heavily concentrated at strikes significantly above the current price (25.0 and 24.0), suggesting bets on a rebound to previous highs, while Put Open Interest clusters deep in-the-money (11.0 and 16.0), indicating a floor for downside protection. The implied volatility skew shows elevated premiums for out-of-the-money calls relative to the current price, hinting at asymmetric upside expectations despite the recent decline.


Dividend Data

Dividend History
Date Dividend Yield %
2024-12-23 0.581 3.812336
2021-12-20 1.878 10.375690
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.0

Info Dump

Attribute Value
All Time High 36.361
All Time Low 2.52
Ask 19.14
Ask Size 5
Average Daily Volume10 Day 772,660
Average Daily Volume3 Month 946,352
Average Volume 946,352
Average Volume10Days 772,660
Beta3 Year 3.89
Bid 17.23
Bid Size 5
Category Equity Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.32
Day Low 17.88
Dividend Yield 0.0
Eps Trailing Twelve Months 1.4490712
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.7226
Fifty Day Average Change -2.472601
Fifty Day Average Change Percent -0.119319044
Fifty Two Week Change Percent 1.2464643
Fifty Two Week High 27.49
Fifty Two Week High Change -9.24
Fifty Two Week High Change Percent -0.3361222
Fifty Two Week Low 13.68
Fifty Two Week Low Change 4.5699997
Fifty Two Week Low Change Percent 0.3340643
Fifty Two Week Range 13.68 - 27.49
First Trade Date Milliseconds 1,618,493,400,000
Five Year Average Return -0.025095798
Full Exchange Name NasdaqGM
Fund Family VanEck
Fund Inception Date 1,618,185,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,021-04-14
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund normally invests at least 80% of its total assets in securities of Digital Transformation Companies. The index is a global index that tracks the performance of Digital Transformation Companies. The fund will not invest in digital assets (including cryptocurrencies) (i) directly or (ii) indirectly through the use of digital asset derivatives. It also will not invest in initial coin offerings. The fund is non-diversified.
Long Name VanEck Digital Transformation ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_702164441
Nav Price 17.89
Net Assets 345,643,584.0
Net Expense Ratio 0.52
Open 18.32
Phone 888-658-8287
Previous Close 17.87
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.37999916
Regular Market Change Percent 2.1264641
Regular Market Day High 18.32
Regular Market Day Low 17.88
Regular Market Day Range 17.88 - 18.32
Regular Market Open 18.32
Regular Market Previous Close 17.87
Regular Market Price 18.25
Regular Market Time 1,784,045,392
Regular Market Volume 149,716
Short Name VanEck Digital Transformation E
Source Interval 15
Symbol DAPP
Three Year Average Return 0.2459955
Total Assets 345,643,584
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 12.5942745
Trailing Peg Ratio None
Trailing Three Month Nav Returns 29.78581
Trailing Three Month Returns 29.78581
Triggerable 1
Two Hundred Day Average 19.3886
Two Hundred Day Average Change -1.1385994
Two Hundred Day Average Change Percent -0.0587252
Type Disp ETF
Volume 149,716
Yield 0.0
Ytd Return 17.44397