Symbols

DAPP

VanEck Digital Transformation ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

354.32MUSD

Fund Flows (1Y)

94.00MUSD

Dividend Yield

3.06%

Discount/Premium to NAV

-0.37%

Shares Outstanding

18.45M

Expense Ratio

0.51%

About VanEck Digital Transformation ETF

Issuer

Van Eck Associates Corporation

Brand

VanEck

Home Page

https://www.vaneck.com/us/en/investments/digital-transformation-etf-dapp/

Inception Date

Apr 12, 2021

Structure

Open-Ended Fund

Index Tracked

MVIS Global Digital Assets Equity Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Van Eck Associates Corp.

Distributor

Van Eck Securities Corp.

DAPP offers pure-play exposure to companies leading the digital transformation of the economy through digital assets without geo constraints. The fund's underlying index is composed of diversified companies of all capitalization defined as "Digital Assets Stocks” which derive at least 50% of their revenue from digital assets projects. These companies include digital asset exchanges, payment gateways, miners, equipment, technology, and service providers, digital asset infrastructure businesses, and e-commerce. Eligible securities are ranked in terms of market-cap with the top 85% qualified for inclusion. The largest 25 ranking companies are chosen as index constituents and are then weighted by market-cap with single security capping at 8%. The index is reconstituted and rebalanced quarterly