DAPP vs. WGMI ETF Comparison

Comparison of VanEck Vectors Digital Transformation ETF (DAPP) to Valkyrie Bitcoin Miners ETF (WGMI)

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

$10.62

Average Daily Volume

254,813

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WGMI

Valkyrie Bitcoin Miners ETF

WGMI Description

Valkyrie Bitcoin Miners ETF is a leading financial services firm with a focus on digital assets. Headquartered in Nashville, Valkyrie's team combines deep technical expertise in this emerging asset class with decades of experience launching investment vehicles for a wide variety of markets participants. The firm is led by financial industry veterans with decades of experience across firms including Guggenheim Partners, UBS, Chicago Board of Trade, Chicago Mercantile Exchange, and The World Bank.

Grade (RS Rating)

Last Trade

$17.12

Average Daily Volume

289,229

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DAPP	WGMI
30 Days	7.27%	5.68%
60 Days	-1.67%	0.12%
90 Days	10.97%	-4.30%
12 Months	89.98%	62.37%

8 Overlapping Holdings

Symbol	Grade	Weight in DAPP	Weight in WGMI	Overlap
APLD	F	4.16%	2.37%	2.37%
BTBT	F	5.44%	4.58%	4.58%
CIFR	D	5.01%	10.02%	5.01%
CLSK	D	6.11%	18.37%	6.11%
IREN	F	4.39%	11.74%	4.39%
MARA	D	5.38%	9.62%	5.38%
RIOT	F	4.68%	4.72%	4.68%
WULF	C	7.43%	4.24%	4.24%

DAPP Overweight 4 Positions Relative to WGMI

Symbol	Grade	Weight
SQ	D	8.02%
MSTR	D	7.6%
COIN	D	7.26%
CAN	F	2.83%

DAPP Underweight 4 Positions Relative to WGMI

Symbol	Grade	Weight
NVDA	B	-4.16%
DGHI	D	-1.32%
TSM	B	-0.72%
AMD	D	-0.58%

WGMI: Top Represented Industries & Keywords

Industries: Capital Markets Semiconductors Business Services Credit Services Software - Application Software - Infrastructure Specialty Chemicals