DAPP vs. IPAY ETF Comparison

Comparison of VanEck Vectors Digital Transformation ETF (DAPP) to ETFMG Prime Mobile Payments ETF (IPAY)
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
IPAY

ETFMG Prime Mobile Payments ETF

IPAY Description The ETFMG Prime Mobile Payments ETF (IPAY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Mobile Payments Index. The index provides a benchmark for investors interested in tracking the mobile and electronic payments industry, specifically focusing on credit card networks, payment infrastructure and software services, payment processing services, and payment solutions (such as smartcards, prepaid cards, virtual wallets).

Grade (RS Rating)

Last Trade

$60.11

Average Daily Volume

20,274

Number of Holdings *

27

* may have additional holdings in another (foreign) market
Performance
Period DAPP IPAY
30 Days 25.04% 10.92%
60 Days 58.35% 14.58%
90 Days 46.76% 19.22%
12 Months 180.81% 46.53%
2 Overlapping Holdings
Symbol Grade Weight in DAPP Weight in IPAY Overlap
COIN C 8.82% 5.19% 5.19%
SQ A 6.54% 4.84% 4.84%
DAPP Overweight 10 Positions Relative to IPAY
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 25 Positions Relative to IPAY
Symbol Grade Weight
PYPL B -6.43%
FI A -6.42%
TOST B -6.23%
V A -5.87%
AXP A -5.83%
MA B -5.65%
DFS B -4.96%
CPAY A -4.83%
AFRM A -4.82%
FIS C -4.28%
GPN B -4.08%
WEX D -3.09%
FOUR A -2.91%
ACIW B -2.21%
QTWO A -2.16%
EEFT B -1.91%
WU F -1.28%
STNE F -1.13%
VYX B -0.77%
EVTC B -0.66%
MQ D -0.64%
PAGS F -0.59%
DLO C -0.38%
IMXI B -0.32%
GDOT D -0.26%
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