DAPP
VanEck Digital Transformation ETF
📎 Investment Objective
The VanEck Digital Transformation ETF (DAPP) seeks to track the performance of companies involved in the development and utilization of digital assets and blockchain technology.
Overview
ETF tracking VanEck Digital Transformation ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck Digital Transformation ETF (DAPP) seeks to track the performance of companies involved in the development and utilization of digital assets and blockchain technology.
🎯 Investment Strategy
The ETF invests in a portfolio of companies that derive at least 50% of their revenue or profits from digital asset and blockchain-related activities. This includes companies involved in cryptocurrency mining, trading platforms, digital payments, and other blockchain applications.
✨ Key Features
- Exposure to the growing digital asset and blockchain technology sector
- Diversified portfolio of companies across the digital transformation landscape
- Low expense ratio of 0.00%
- Potential for high growth but also high volatility
⚠️ Primary Risks
- High volatility and speculative nature of the digital asset and blockchain industry
- Regulatory risks as the sector is still evolving and subject to changing policies
- Concentration risk as the fund is focused on a specific industry
- Liquidity risk due to the relatively new and emerging nature of the underlying investments
👤 Best For
This ETF may be suitable for investors with a high-risk tolerance and a long-term investment horizon who are looking to gain exposure to the digital transformation and blockchain technology sector. Investors should be aware of the heightened volatility and speculative nature of this industry.