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Sunday, August 23, 2026The Morning Brief →Sign in
DAPPVanEck

VanEck Digital Transformation ETF

$19.48+2.36% today
13.722652-WK

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.

Price & daily flows
23.720.116.4719.48DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$36M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$43M of net buying over the past month, about 14.5% of the fund's asset base, while the price has returned +9.4% so far this year. At 0.51% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$299Massets under management
0.51%expense ratio · $51 per $10,000 a year
+$43Mnet flow, trailing month
461Kavg daily volume, 30 days
25holdings · US-domiciled
2021listed April 14, 2021 · beta 3.21
The book at a glance
XYZ+2.6%COIN+8.2%BMNR+5.8%CRCL+5.2%FIGR+8.4%IREN-1.7%MSTR+6.1%RIOT-5.5%BLSH+6.9%MARA+1.0%APLD-5.0%CLSK-4.9%GLXY+0.7%HUT-8.8%CIFR-8.4%BTDR+9.0%CORZ-3.2%WULF-4.9%8632.9%33504.0%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1XYZBlock9.95%$82.16+2.6%
2COINCOINBASE GLOBAL9.27%$186.49+8.2%
3BMNRBitMine Immersion Technologies8.57%$22.83+5.8%
4CRCLCircle Internet Group7.13%$87.98+5.2%
5FIGRFigure Technology Solutions5.98%$39.10+8.4%
6IRENIRIS ENERGY5.99%$41.88-1.7%
7MSTRMICROSTRATEGY4.54%$119.25+6.1%
8RIOTRIOT PLATFORMS4.51%$19.83-5.5%
9BLSHBullish3.89%$30.41+6.9%
10MARAMARATHON DIGITAL4.12%$11.26+1.0%
11APLDAPPLIED DIGITAL4.19%$27.21-5.0%
12CLSKCLEANSPARK3.94%$11.98-4.9%
13GLXYGalaxy Digital Inc.3.63%$23.64+0.7%
14HUTHUT 8 MINING3.91%$80.86-8.8%
15CIFRCIPHER MINING3.81%$15.77-8.4%

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Sector weights
Technology Services73.38%
Financial Services65.8%
Technology34.2%
Finance13.63%
Commercial Services9.25%
Other8.34%
Electronic Technology3.64%
Cash0.1%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States72.26%
Canada9.32%
Germany7.35%
Australia3.97%
United Kingdom3.67%
China3.56%
Indonesia3.54%
Hong Kong3.25%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+9.7%
1 month+2.6%
3 months-8.4%
6 months+24.7%
YTD+9.4%
1 year+10.7%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$49M
1 month+$43M
3 months−$198M
YTD−$70M
1 year+$36M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
JulOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
68%realized volatility, 30 days (annualized)
64%realized volatility, 1 year
-48.2%deepest fall from a peak, 1 year
-26.5%where it sits vs. that peak today

The top holding is 9.9% of the book; the top ten carry 64%. Spread across 20+ names, it behaves like roughly 17 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
2calls today
2puts today
1.00put/call ratio
567Kshares traded
Most-traded holdings, options premiumBullishBearish
MSTR MICROSTRATEGY$593M$571M
COIN COINBASE GLOBAL$197M$180M
CRCL Circle Internet Group$61M$56M
IREN IRIS ENERGY$30M$31M
BMNR BitMine Immersion Technologies$26M$28M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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