DAPP vs DSEP

Comparison between VANECK DIGITAL TRANSFORMATION ETF (DAPP, ETF) and FT VEST U.S. EQUITY DEEP BUFFER ETF - SEPTEMBER (DSEP, ETF).

5-Year PerformanceDSEP has outperformed DAPP, delivering a return of +8.1% compared to -0.3%

DAPP vs DSEP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DAPP(ETF)	DSEP(ETF)
Net Assets	$346M	$348M
Expense Ratio	0.52%	0.85%
Max Drawdown	92.63%	11.78%
Sharpe Ratio	0.30	1.23
5Y Beta	2.57	0.45
P/E Ratio	-6.23	N/A
Forward P/E	20.83	N/A
Debt to Equity	-103.76%	N/A
P/S Ratio	2.97	N/A
P/B Ratio	2.62	N/A

Net Assets

DAPP

$346M

Winner

DSEP

$348M

Expense Ratio

Winner

DAPP

0.52%

DSEP

0.85%

Max Drawdown

DAPP

92.63%

Winner

DSEP

11.78%

Sharpe Ratio

DAPP

0.30

Winner

DSEP

1.23

5Y Beta

DAPP

2.57

Winner

DSEP

0.45

P/E Ratio

DAPP

-6.23

DSEP

N/A

Forward P/E

DAPP

20.83

DSEP

N/A

Debt to Equity

DAPP

-103.76%

DSEP

N/A

P/S Ratio

DAPP

2.97

DSEP

N/A

P/B Ratio

DAPP

2.62

DSEP

N/A

DAPP vs DSEP - Historical Returns

Returns include dividend reinvestment.

Period	DAPP	DSEP
1 month	-11.70%	+0.81%
3 months	+3.21%	+3.86%
6 months	-1.83%	+5.92%
1 year	+3.37%	+11.34%
5 years(CAGR)	-0.27%	+8.15%
Max(CAGR)	-7.41%	+8.49%

DAPP

-11.70%

Winner

DSEP

+0.81%

DAPP

+3.21%

Winner

DSEP

+3.86%

DAPP

-1.83%

Winner

DSEP

+5.92%

DAPP

+3.37%

Winner

DSEP

+11.34%

5Y(CAGR)

DAPP

-0.27%

Winner

DSEP

+8.15%

Max(CAGR)

DAPP

-7.41%

Winner

DSEP

+8.49%

DAPP vs DSEP - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	DAPP	DSEP
2026	+8.54%	+6.21%
2025	+9.54%	+10.78%
2024	+49.63%	+11.59%
2023	+279.34%	+19.31%
2022	-85.71%	-7.52%
2021	-38.38%	+6.97%
2020	N/A	+4.91%

DAPP vs DSEP Drawdown Comparison

The maximum drawdown for DAPP was -91.87%, occurring on Dec 28, 2022. This drawdown has not yet recovered.

The maximum drawdown for DSEP was -11.78%, occurring on Oct 12, 2022. Recovery took 354 trading sessions.

The current DAPP drawdown is -35.54%. The current DSEP drawdown is -0.15%.

Rank	DAPP	DSEP
#1	-91.87% Nov 9, 2021 - Dec 28, 2022	-11.78% Jan 4, 2022 - Jun 2, 2023
#2	-39.21% Apr 14, 2021 - Nov 8, 2021	-9.93% Feb 19, 2025 - Jun 10, 2025
#3	N/A	-5.26% Sep 14, 2023 - Nov 17, 2023
#4	N/A	-4.54% Jan 28, 2026 - Apr 14, 2026
#5	N/A	-2.89% Oct 12, 2020 - Nov 6, 2020
#6	N/A	-2.33% Oct 27, 2025 - Dec 3, 2025
#7	N/A	-2.30% Jul 31, 2024 - Aug 13, 2024
#8	N/A	-2.20% Jul 28, 2023 - Aug 29, 2023
#9	N/A	-1.95% Mar 28, 2024 - May 6, 2024
#10	N/A	-1.64% Nov 8, 2021 - Dec 23, 2021
#11	N/A	-1.61% Sep 24, 2021 - Oct 15, 2021
#12	N/A	-1.56% Dec 6, 2024 - Jan 21, 2025
#13	N/A	-1.41% Jun 2, 2026 - Jun 15, 2026
#14	N/A	-1.36% Oct 8, 2025 - Oct 21, 2025
#15	N/A	-1.26% Oct 18, 2024 - Nov 6, 2024