DAPP vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricDAPPVOOWinner
Expense Ratio0.52%0.03%
AUM$242M$979.0B
Dividend Yield0.00%1.09%
Holdings25509
YTD Return-0.62%+13.80%
1Y Return+5.42%+23.71%
3Y Return (annualized)+34.56%+21.50%
5Y Return (annualized)-7.20%+13.44%
Volatility (annualized)76.8%14.1%
Max Drawdown-91.9%-34.3%
Fund FamilyVanEckVanguard (US)
CategoryAlternativeEquity
InceptionApr 12, 2021Sep 7, 2010

DAPP vs VOO Performance

VanEck Digital Transformation ETF (DAPP) is a ETF from VanEck and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DAPP returned +5.42% while VOO returned +23.71%. Year to date, DAPP is down 0.62% versus a gain of 13.80% for VOO.

Over three years, DAPP compounded at +34.56% per year against +21.50% for VOO; over five years the annualized figures are -7.20% and +13.44% respectively. Across the full 5-year window we track, VOO has the edge at +13.58% annualized vs -8.97%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DAPP has been the more volatile fund, with annualized monthly volatility of 76.8% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -91.9% for DAPP and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DAPP charges 0.52% per year while VOO charges 0.03%. On a $10,000 position that is $52 vs $3 annually, a gap of $49 per year that compounds over a long holding period. On income, DAPP currently yields 0.00% against 1.09% for VOO.

Holdings Overlap

0.1%overlap

DAPP and VOO share 2 holdings out of 523 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DAPPWeight in VOODifference
SQ9.55%0.06%9.49%
COIN8.70%0.05%8.65%

Frequently Asked Questions

Which is cheaper, DAPP or VOO?

DAPP has an expense ratio of 0.52% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $49 per year of difference.

Which performed better, DAPP or VOO?

Over the past year DAPP returned +5.42% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), DAPP annualized -8.97% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, DAPP or VOO?

DAPP has been the more volatile fund at 76.8% annualized versus 14.1% for VOO. Worst drawdown: DAPP -91.9% vs VOO -34.3%.

Should I hold both DAPP and VOO?

DAPP and VOO have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DAPP and VOO?

DAPP and VOO share 2 common holdings with a 0.1% weight overlap. Combined, they hold 523 unique securities.

Which pays a higher dividend, DAPP or VOO?

DAPP yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.

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