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VanEck Digital Transformation ETF (DAPP)

Equity Digital Assets | Exchange Traded Fund | NasdaqGM
19.05 USD -1.27 (-6.250%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 19.05

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★☆☆☆☆
Hot Take | Aug. 22, 2026, 3:08 a.m. EDT

The digital transformation theme driving this ETF faces a stark reality check: despite a robust recovery in the last two years, the asset is still trading significantly below its peak, reflecting a market that remains wary of the sector's volatility. Fundamentally, the business quality has improved, evidenced by a strong rebound in annual returns over the last two years, yet the lingering memory of a catastrophic collapse keeps the long-term outlook cautious. This hesitation is mirrored in the options market, where traders are not aggressively betting on a continuation of the rally but are instead constructing complex hedges against a potential repeat of past crashes. With no recent dividend history to provide income stability and a statistical forecast offering no directional clarity, the investment case currently sits in a holding pattern. The path forward requires a decisive break above key resistance levels to convince skeptics that the recovery is sustainable, rather than just a bounce off a floor.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.071907
AutoETS0.073057
AutoTheta0.084048
MSTL0.086816

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 39%
H-stat 1.32
Ljung-Box p 0.000
Jarque-Bera p 0.832
Excess Kurtosis -0.42
Attribute Value
Trailing P/E 13.15

As of Aug. 22, 2026, 3:08 a.m. EDT: Speculator positioning is highly fragmented and lacks a unified directional thesis. Near-term expirations show negligible open interest, suggesting minimal immediate hedging or speculation. Medium-term calls exhibit a split between defensive positioning at lower strikes and speculative bets on a significant upside move to $24, while puts cluster defensively around current prices. Long-dated options reveal a heavy concentration of put open interest at deep out-of-the-money strikes ($11-$16), indicating a hedge against a severe long-term drawdown rather than a bearish bet on near-term performance. Overall, the flow suggests uncertainty and asymmetric risk management rather than a clear directional trade.


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 19.23
Ask Size 3
Average Daily Volume10 Day 891,350
Average Daily Volume3 Month 607,880
Average Volume 607,880
Average Volume10Days 891,350
Beta3 Year 3.87
Bid 17.12
Bid Size 3
Category Equity Digital Assets
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 20.1
Day Low 18.91
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 18.7516
Fifty Day Average Change 0.29839897
Fifty Day Average Change Percent 0.015913254
Fifty Two Week Change Percent 12.763596
Fifty Two Week High 27.49
Fifty Two Week High Change -8.440001
Fifty Two Week High Change Percent -0.30702075
Fifty Two Week Low 13.68
Fifty Two Week Low Change 5.369999
Fifty Two Week Low Change Percent 0.39254376
Fifty Two Week Range 13.68 - 27.49
First Trade Date Milliseconds 1,618,493,400,000
Five Year Average Return -0.0327195
Full Exchange Name NasdaqGM
Fullday Change -1.27
Fullday Change Percent -6.25
Fullday Price 19.05
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 CLOSED
Max Age 86,400
Message Board Id finmb_702164441
Nav Price 19.64
Net Assets 228,653,760.0
Net Expense Ratio 0.52
Open 19.98
Phone 888-658-8287
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 19.05
Post Market Time 1,787,959,806
Previous Close 20.32
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.27
Regular Market Change Percent -6.25
Regular Market Day High 20.1
Regular Market Day Low 18.91
Regular Market Day Range 18.91 - 20.1
Regular Market Open 19.98
Regular Market Previous Close 20.32
Regular Market Price 19.05
Regular Market Time 1,787,947,201
Regular Market Volume 484,236
Short Name VanEck Digital Transformation E
Source Interval 15
Symbol DAPP
Three Year Average Return 0.5019325
Total Assets 228,653,760
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 13.146352
Trailing Peg Ratio None
Trailing Three Month Nav Returns -6.22672
Trailing Three Month Returns -6.22672
Triggerable 1
Two Hundred Day Average 18.46565
Two Hundred Day Average Change 0.5843487
Two Hundred Day Average Change Percent 0.03164517
Type Disp ETF
Volume 484,236
Yield 0.0
Ytd Return 6.7232