DAPP vs. ARKF ETF Comparison

Comparison of VanEck Vectors Digital Transformation ETF (DAPP) to ARK Fintech Innovation ETF (ARKF)
DAPP

VanEck Vectors Digital Transformation ETF

DAPP Description

DAPP seeks to track, as closely as possible, the price and yield performance of the MVIS Global Digital Assets Equity Index ("The Index"), a rules-based modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of companies involved in digital assets. As the Index is designed to be a pure-play overview of the relevant players in the space, to be eligible for inclusion, a company must (i) generate at least 50% of its revenues from digital assets projects; (ii) generate at least 50% of its revenues from projects that, when developed, have the potential to generate at least 50% of their revenues from digital assets or digital asset projects; and/or (iii) have at least 50% of its assets invested in direct digital asset holdings or digital asset projects. The Index provides significant exposure to key companies in mining, hardware, exchanges, holding and trading, payment gateways, patents and services, and banking. The Fund will not invest in digital assets (including cryptocurrencies) (i) directly or (ii) indirectly through the use of digital asset derivatives. The Index rebalances quarterly.

Grade (RS Rating)

Last Trade

$17.45

Average Daily Volume

340,361

Number of Holdings *

12

* may have additional holdings in another (foreign) market
ARKF

ARK Fintech Innovation ETF

ARKF Description ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;

Grade (RS Rating)

Last Trade

$38.35

Average Daily Volume

407,606

Number of Holdings *

28

* may have additional holdings in another (foreign) market
Performance
Period DAPP ARKF
30 Days 25.04% 21.48%
60 Days 58.35% 29.87%
90 Days 46.76% 33.16%
12 Months 180.81% 72.13%
2 Overlapping Holdings
Symbol Grade Weight in DAPP Weight in ARKF Overlap
COIN C 8.82% 10.71% 8.82%
SQ A 6.54% 6.13% 6.13%
DAPP Overweight 10 Positions Relative to ARKF
Symbol Grade Weight
MSTR B 11.03%
CIFR C 5.79%
MARA B 5.32%
RIOT C 5.2%
CLSK C 5.14%
BTBT C 4.52%
APLD B 4.47%
WULF C 4.39%
IREN C 3.84%
CAN C 3.14%
DAPP Underweight 26 Positions Relative to ARKF
Symbol Grade Weight
SHOP B -11.07%
TOST B -5.09%
SOFI B -4.78%
HOOD B -4.64%
DKNG B -4.25%
PLTR B -3.34%
RBLX C -3.28%
ROKU D -3.27%
MELI C -3.18%
META D -2.52%
PINS F -2.3%
PATH C -2.25%
SE A -1.79%
NU C -1.79%
GLBE B -1.78%
SPOT B -1.67%
RDDT A -1.57%
INTU B -1.5%
PYPL B -1.48%
BILL A -1.48%
NVDA B -1.32%
CRWD B -1.31%
Z A -1.03%
ICE C -0.96%
IBTA C -0.56%
AMZN C -0.43%
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